Edgewater, Airdrie - September 2026 Real Estate Report

Edgewater, Airdrie: Your Neighbour Just Got a Raise. Did You?

If you own a home in Edgewater and you haven't checked your property value lately, you might be leaving real money on the table. Prices are moving, the rental market is strong, and the city's tax assessment is almost certainly not keeping up. Here's the straight story on what's happening right now on your street.

The Vibe: Houses vs. Condos in Edgewater

We're seeing two pretty different stories playing out depending on what you own here. Let's break it down.

Houses - Momentum Is Building

If you've been watching the "For Sale" signs in Edgewater, here's what's actually happening with houses right now. The average sale price hit $419,625 this month - that's up 7.7% from last month. That kind of jump in a single month gets our attention.

• Average HonestDoor Price: $492,167 (up 0.89% from last period)
• Average sale price this month: $419,625 (up 7.7%)
• Current listings averaging: $468,933
• Price per square foot: $371
• Homes selling at 95.89% of list price on average
• Average days on market: 47
• 8 properties sold this month
• Predicted market value: $487,814
• Rental yield: 5.66% - that's a strong return
• Estimated monthly rent: $2,475
• Neighbourhood growth rank: 12 out of 48 in Airdrie - top quarter

That growth rank is worth pausing on. Out of 48 comparable neighbourhoods tracked across Airdrie, Edgewater houses sit at number 12. That puts us in the top 25% of the city for value growth. We're not leading the pack, but we're well ahead of the middle of the road.

The one thing to watch: homes are sitting for an average of 47 days, and the days-on-market rank is 21 out of 31. That tells us buyers are being selective. Pricing your home right from day one matters more here than in faster-moving pockets of the city.

Compared to nearby Ridgegate, our average sale price of $419,625 is actually running ahead of their $392,500. We're also one of the more affordable options in Airdrie overall - price rank sits at 40 out of 42 - which means buyers looking for value are going to keep finding us on their shortlist.

Condos - Steady, But Watch the HonestDoor Price

The condo side of Edgewater is a different conversation. Activity is thin - only 1 condo sold this month - so we have to read these numbers carefully. One sale doesn't make a trend, but it does give us a data point.

• Average HonestDoor Price: $340,278 (down 6.57% from last period)
• Average sale price: $380,000
• Current listings averaging: $384,900
• Price per square foot: $299
• Properties selling at 98.73% of list price
• Average days on market: 42
• Predicted market value: $364,211
• Rental yield: 4.08%
• Estimated monthly rent: $1,921
• Growth rank: 18 out of 40 in Airdrie - above average

The HonestDoor Price for condos dropped 6.57% from the previous period. That's the number to pay attention to. It doesn't mean panic - the predicted value of $364,211 is actually trending up against the 3-month moving average of $359,933. But it does mean condo owners here should be watching their value more closely than house owners right now.

On the bright side, Edgewater condos rank above average for price in Airdrie - 9th out of 26 neighbourhoods tracked. Compared to nearby Airdrie Meadows ($251,791), Summerhill ($173,380), and Big Springs ($207,453), we're in a different league. If you own a condo here, you're sitting on one of the pricier units in the city.

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

Here's the thing about your city assessment: it's a snapshot from months ago, built on sales data that's already old by the time it lands in your mailbox. The market doesn't wait for the city to catch up.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and neighbourhood trends. For Edgewater house owners, that means a predicted market value of $487,814 - a number that's moving upward against the 3-month average of $480,249. Your assessment almost certainly doesn't reflect that momentum.

For condo owners, the HonestDoor Price is your early warning system. That 6.57% dip in the period-over-period reading is exactly the kind of signal a static assessment would miss entirely. Knowing now means you can make smarter decisions - whether that's timing a sale, refinancing, or just understanding what you actually own.

Bottom line: the city tells you what your home was worth. HonestDoor tells you what it's worth today.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Edgewater and you've been on the fence about selling, the data is nudging you toward action. Prices are up 7.7% month-over-month, the predicted value is climbing, and we're ranked 12th out of 48 Airdrie neighbourhoods for growth. That's a solid position to sell from.

The catch is those 47 average days on market. Buyers are out there, but they're not rushing. If you list this summer, price it sharp from the start. Homes that chase the market down after a high opening ask are the ones sitting longest. Coming in at or just under $468,000 - the current average listing price - puts you right in the conversation.

For condo owners, summer is still a reasonable window, but the story is more nuanced. With only 1 transaction recorded in 2026 so far, the pool of buyers is smaller. Your advantage is that Edgewater condos are priced above most of the competition in Airdrie, and a rental yield of 4.08% makes your unit attractive to investors, not just owner-occupiers. Lead with that angle.

Either way, the first move is the same: check your HonestDoor Price today, compare it to what the city has on file, and know the real number before you have any conversation with a buyer or an agent. That's just smart.

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.