If you own property in Edgar Industrial Park, you are sitting in one of Red Deer's most unique pockets. We are not talking about a typical residential street. This is industrial-grade real estate, and the numbers reflect that. Average values here are in the seven-figure range - a completely different conversation from the neighbourhoods next door.
Here is the split between what we are seeing for houses versus condos right now.
Straight talk on houses: the short-term price movement has taken a small breather, down 1.54% recently and sitting below the 3-month moving average. The growth rank of 71 out of 79 puts houses here near the bottom of the Red Deer leaderboard for appreciation right now. That does not mean the asset is weak - a $2 million property generating over $6,500 a month in rent is still a serious income play. But if you are banking on rapid price growth, the data says be patient.
Condos here are the quiet outperformer. Values are up 1.12% recently and sitting above the 3-month moving average - meaning momentum is pointing in the right direction. A growth rank of 23 out of 71 puts condos in Edgar Industrial Park solidly above average on the Red Deer leaderboard. For a property type that does not always get attention in an industrial area, that is a notable result.
Here is the thing about your city assessment: it is a snapshot taken months ago, using broad formulas that do not know your specific property. It does not update when the market moves. It does not account for what a buyer would actually pay today.
The HonestDoor Price is a real-time estimate that recalculates as the market shifts. Right now, houses in Edgar Industrial Park are sitting at a HonestDoor Price of $2,150,598. The predicted market value is $2,082,393. That gap matters. If you are making a financial decision - refinancing, selling, or even just understanding your net worth - using a stale government number could cost you. The HonestDoor Price is the real-world check that tells you where things actually stand today, not where they stood last year.
For condos, the HonestDoor Price of $1,737,886 is running above the 3-month average of $1,688,166. That kind of upward movement will not show up on your tax notice for a long time. But it is real, and it is happening now.
If you are a house owner in Edgar Industrial Park and considering listing this summer, the honest answer is: the timing is not at its peak right now. Values have dipped 1.54% recently and the growth rank is near the bottom of the Red Deer leaderboard. That does not mean you cannot sell - with only 2 transactions in 2026 so far, this is a thin market, and the right buyer for a $2 million industrial property can absolutely show up. But go in with realistic expectations and price it sharp.
If you own a condo here, the picture looks a bit better. Values are trending up, momentum is positive, and your growth rank puts you above most comparable properties in Red Deer. Summer could be a reasonable window to test the market.
Either way, the first move is simple - check your HonestDoor Price before you do anything else. It takes 30 seconds and gives you a number that is actually tied to today's market, not last year's paperwork.
edgar industrial park | red deer | august 2026This 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.