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    Cromer Avenue South, Grand Falls-Windsor - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Grand Falls-Windsor, Cromer Avenue South

    Cromer Avenue South: Your Neighbour Probably Has No Idea What Their Home Is Worth Right Now

    If you live on Cromer Avenue South in Grand Falls-Windsor, here is the honest truth: the number on your last tax assessment is almost certainly out of date. The market has moved. The question is whether it moved in your favour - and the answer depends on what type of property you own.

    The Vibe: Houses vs. Condos - Two Very Different Stories

    We are seeing a split on our street right now, and it is worth paying attention to.

    Houses on Cromer Avenue South are holding their ground better than the average HonestDoor Price suggests at first glance. Yes, the average HonestDoor Price sits at $190,808 - down 3.87% from the previous period. But here is the more interesting number: the predicted market value for houses is $198,483, and that figure is climbing. It is already above the 3-month moving average of $197,165, which tells us the direction of travel is upward even if the recent dip stung a little.

    • Average HonestDoor Price (Houses): $190,808
    • Predicted Market Value: $198,483
    • 3-Month Moving Average: $197,165 - and rising
    • Estimated Monthly Rent: $1,041
    • Rental Yield: 6.09% - that is a strong return
    • Recent Value Change: up 1.97%
    • Neighbourhood Growth Rank: 8 out of 17 in Grand Falls-Windsor - above average

    That 6.09% rental yield is not a number to scroll past. For anyone thinking about holding rather than selling, that is real money coming in every month. Estimated rent of $1,041 on a property in the high $190s is a solid ratio.

    Condos on Cromer Avenue South are a different conversation entirely. The average HonestDoor Price is $394,405 - also down 3.94% from the previous period - but the predicted market value jumps to $410,597. That gap between the current average and the predicted value is telling us the market expects condos here to recover and then some. The 3-month moving average sits at $409,196, and the predicted value is already ahead of it.

    • Average HonestDoor Price (Condos): $394,405
    • Predicted Market Value: $410,597
    • 3-Month Moving Average: $409,196 - and rising
    • Estimated Monthly Rent: $2,142
    • Rental Yield: 4.01% - moderate but steady
    • Recent Value Change: up 8.27%
    • Neighbourhood Growth Rank: 9 out of 17 in Grand Falls-Windsor
    • Airbnb Rank in Grand Falls-Windsor: 9th - solid short-term rental position

    That 8.27% recent value change on condos is the headline number. Even with the short-term dip in the HonestDoor Price, the medium-term momentum is pointing up. And at $410,597 predicted, our condos are already edging out nearby Whitmore Street at $408,744.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here is the thing about government assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling in actual sales data and current market signals. It is the difference between checking yesterday's weather forecast and stepping outside to feel the temperature yourself.

    For Cromer Avenue South homeowners specifically, this matters right now because the gap between assessed values and predicted market values is real and measurable. Houses are sitting at a predicted value of $198,483 while the HonestDoor average is $190,808. Condos show an even wider spread - $410,597 predicted versus $394,405 on the HonestDoor average. If you are making any financial decision based on an old assessment, you are working with incomplete information. Check your HonestDoor Price today - it takes about 30 seconds and it is free.

    We are also sitting in a strong position relative to our neighbours. Whitmore Street houses average $151,039. Thirteenth Avenue South comes in at $156,492. Downtown Area is at $189,332. Cromer Avenue South is the top of that local leaderboard for houses - and it is not particularly close.

    The So What: Thinking About Selling This Summer?

    If you are a house owner on Cromer Avenue South and you have been on the fence about listing, the data is giving you a nudge. The predicted value is rising above the 3-month average, the neighbourhood ranks 8th out of 17 in Grand Falls-Windsor for growth - that is above average - and you are priced well above every comparable street nearby. Buyers looking at Whitmore Street or Thirteenth Avenue South will find your street and see the value difference. That is a selling point, not a liability.

    If you own a condo here, the short-term HonestDoor dip of 3.94% might feel like bad news. But the 8.27% recent value change and the rising predicted value tell a different story. The market is taking a breather, not reversing. If your timeline is flexible, holding through the summer could mean listing into a stronger position. If you need to move now, you are still sitting on a property that outperforms most of the city and ranks 9th out of 17 for growth - right in the middle of the pack, with upward momentum behind it.

    Either way, the first step is the same: pull your HonestDoor Price, compare it to what you paid or what your last assessment said, and make your decision with current numbers - not last year's paperwork.

    cromer avenue south | grand falls-windsor | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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