Davies Industrial West, Edmonton - August 2026 Real Estate Report

Davies Industrial West, Edmonton: What Your Neighbour Won't Tell You About Home Prices Right Now

The Vibe on the Ground

If you own property in Davies Industrial West, the story depends heavily on what type of property you're sitting on. Houses and condos are moving in completely different directions right now, and that gap matters for your wallet.

Houses: Taking a Breather

The average HonestDoor Price for a house here sits at $573,052, up 7.08% from the previous period. That sounds great on the surface. But dig a little deeper and the picture gets more nuanced. The predicted market value for houses is currently $535,141, and that number is sliding - it's down from a 3-month moving average of $557,787. Recent property value change is sitting at -10.25%, which puts house growth at rank 283 out of 292 comparable Edmonton neighbourhoods. That's near the bottom of the leaderboard, and we should be honest about that.

For us as homeowners, this means the momentum that pushed prices up is losing steam right now. It's not a freefall - but it's not a seller's parade either.

• Average HonestDoor Price (Houses): $573,052
• Period-over-period change: +7.08%
• Predicted market value: $535,141
• 3-month moving average: $557,787
• Recent value change: -10.25%
• Edmonton growth rank: 283 out of 292
• Estimated monthly rent: $2,666
• Rental yield: 5.57% - strong returns for investors
• Airbnb estimate: $132 per month

One bright spot for house owners: that 5.57% rental yield is genuinely strong. If selling isn't the move right now, renting is a real option worth running the numbers on.

Condos: A Different Story Entirely

Condo owners in Davies Industrial West are in a much stronger position on the leaderboard. The average HonestDoor Price for condos is $912,150, and the predicted market value comes in even higher at $952,600 - above the 3-month moving average of $972,767. Growth ranks 115 out of 302 Edmonton neighbourhoods. That puts condos solidly above average across the city.

The condo HonestDoor Price here also beats every nearby neighbourhood we compared it to - Coronet Addition Industrial ($862,670), Argyll ($305,850), and Mc Intyre Industrial ($536,269). Davies Industrial West condos are the priciest in the immediate area, and the data backs that up.

• Average HonestDoor Price (Condos): $912,150
• Period-over-period change: -4.25%
• Predicted market value: $952,600
• 3-month moving average: $972,767
• Recent value change: +1.06%
• Edmonton growth rank: 115 out of 302 - above average
• Estimated monthly rent: $4,030
• Rental yield: 2.97% - moderate
• Airbnb rank in Edmonton: 23rd - top tier short-term rental potential
• Airbnb estimate: $201 per month

That Airbnb rank of 23rd in all of Edmonton is worth paying attention to. If you own a condo here and haven't thought about short-term rental income, you're leaving money on the table.

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened to prices last quarter. It doesn't adjust when the market shifts. The HonestDoor Price is updated in real time, pulling from actual market activity right now. For houses in Davies Industrial West, that gap between the HonestDoor Price ($573,052) and the predicted market value ($535,141) is a real-world signal that the market has moved since your last assessment was printed. Relying on that old number to make a selling decision is like navigating with last year's map.

Check your HonestDoor Price before you do anything else. It's the most current read on what your property is actually worth today - not what the city thought it was worth eight months ago.

So What Does This Mean If You're Thinking About Selling This Summer?

For house owners, the honest answer is: timing matters right now. With a growth rank of 283 out of 292 and a predicted value trending below the 3-month average, waiting for the market to climb back up is a gamble. If you need to sell, price it sharp and price it right. Overpricing a house in a softening pocket is how listings go stale.

For condo owners, the summer picture looks more encouraging. A top-115 growth rank, strong predicted values, and the best condo prices in the surrounding area give you real leverage in a negotiation. Buyers looking at Coronet Addition Industrial or Argyll will see Davies Industrial West condos as the premium option - and that's a story worth telling.

Either way, your first move is the same: pull your HonestDoor Price, compare it to what you paid, and get a real-time read before you call an agent or set a list price. That number is your starting point - not the city's assessment, and not what your neighbour thinks their place is worth.

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.