Edgar Industrial Park, Red Deer - October 2026 Real Estate Report
Edgar Industrial Park, Red Deer: Your Neighbours Are Sitting on Serious Money
The Vibe Right Now
If you own property in Edgar Industrial Park, you are not in a typical Red Deer residential neighbourhood. The numbers here operate on a completely different scale - and most owners have no idea what their asset is actually worth today.
Houses: Still Heavy Hitters
The average HonestDoor Price for a house in Edgar Industrial Park sits at $2,094,266. Yes, that is a seven-figure number in Red Deer. It has dipped 0.51% from the previous period, which is barely a blip - think of it as the market catching its breath, not retreating.
The forward-looking predicted value comes in at $2,104,903, which is actually above the current average. The 3-month moving average is $2,112,631, so we are in a slight softening window right now. That matters if you are timing a sale.
- HonestDoor Price: $2,094,266
- Predicted Market Value: $2,104,903
- Recent Value Change: -2.12%
- Average Rental Estimate: $6,487 per month
- Rental Yield: 4.11% - that is a solid return for a commercial-residential asset
- Airbnb Estimate: $322 per night
- Airbnb Rank in Red Deer: 8th - top tier short-term rental potential
- Neighbourhood Growth Rank: 18 out of 80 in Red Deer - above average
- Transactions in 2026: 2
That growth rank is worth pausing on. Out of 80 comparable neighbourhoods tracked in Red Deer, Edgar Industrial Park houses land at number 18. That puts us in the top quarter of the city for growth performance. Not bad for a neighbourhood most people drive past without a second thought.
Compare that to nearby residential areas - Johnstone Park is averaging $398,710 and Johnstone Crossing sits at $429,505. We are not in the same conversation. Edgar Industrial Park is playing a different game entirely.
Condos: A More Interesting Story
The condo picture here is genuinely worth watching. The average HonestDoor Price is $1,678,902, which has dropped 5.83% from the previous period. That sounds alarming until you look at the predicted value - $1,782,779 - which is running above the 3-month moving average of $1,751,313. The trend is pointing back up.
- HonestDoor Price: $1,678,902
- Predicted Market Value: $1,782,779
- Recent Value Change: +2.58%
- Average Rental Estimate: $5,444 per month
- Rental Yield: 2.90%
- Airbnb Estimate: $270 per night
- Airbnb Rank in Red Deer: 32nd
- Neighbourhood Growth Rank: 31 out of 72 in Red Deer - above average
- Transactions in 2026: 2
Condos here rank 31st out of 72 comparable neighbourhoods for growth in Red Deer - still above average. And with a predicted value sitting $100,000 above the current HonestDoor Price, there is a real argument that condos in Edgar Industrial Park are underpriced right now relative to where they are heading.
For context, nearby Johnstone Park condos average $268,224. Glendale Park Estates comes in at $1,971,187, which is slightly above us. Johnstone Crossing is at $2,665,847 - the outlier in the group. We sit in competitive territory, and the recovery trend is working in our favour.
The Secret Sauce: Why Your Tax Assessment Is Lying to You
Here is the thing about your city assessment - it is a snapshot from months ago, built on sales data that is even older than that. In a neighbourhood like Edgar Industrial Park, where property values are in the millions and the market moves based on commercial demand, industrial activity, and investor appetite, that lag time costs you real money.
The HonestDoor Price updates in real time. It pulls from actual market signals, not a bureaucratic calendar. Right now, houses are showing a predicted value of $2,104,903 and condos are trending toward $1,782,779. If you are making any financial decision - refinancing, selling, insuring, or even just understanding your net worth - the HonestDoor Price is the number you should be looking at. Not the piece of paper the city mailed you last spring.
Think of it this way: your assessment is what the city thinks your property was worth. The HonestDoor Price is what the market thinks it is worth right now. In Edgar Industrial Park, that difference could be significant.
So What Does This Mean If You Are Thinking About Selling This Summer?
Straight talk - the timing is nuanced. Houses have seen a -2.12% recent value change and the 3-month moving average is drifting slightly above the current predicted value. That tells us the peak of this particular wave may have just passed for houses. If you are a house owner thinking about listing, sooner is better than later while values hold above $2 million.
For condo owners, the story is actually more encouraging right now. Values are up 2.58% recently and the predicted value is climbing above the moving average. If you have been waiting for a signal to list, this is a reasonable window to act.
Either way, with only 2 transactions recorded in Edgar Industrial Park in 2026, this is a thin market. That means your listing will get attention - but it also means pricing it right is everything. A $2 million property priced even 5% off can sit for months. Get your HonestDoor Price, understand where you stand on the leaderboard, and talk to someone who knows this specific corner of Red Deer.
The rental numbers also tell a story worth knowing. At $6,487 per month for houses and $5,444 for condos, holding and renting is a legitimate strategy here - especially with a 4.11% yield on the house side. If the sale price does not hit your number this summer, you have options.
edgar industrial park | red deer | october 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.