Edmonton Research And Development Park, Edmonton - July 2026 Real Estate Report

Edmonton Research And Development Park: Your Neighbour Just Asked What Their Place Is Worth - Here Is The Answer

The Vibe Right Now

If you own a house in Edmonton Research And Development Park, the numbers are working in your favour. The average HonestDoor Price sits at $3,340,120 - up 0.79% from the last period. That is not a dramatic spike, but it is steady, positive movement. The 3-month moving average is $3,201,690, and current predicted values are tracking above that at $3,313,860. In plain terms, the trend line is pointing up.

Condos are a different story. The average HonestDoor Price for a condo here is $57,231, and it has slipped 5.10% from the previous period. The 3-month moving average is $64,171, and the current predicted value of $60,307 is still sitting below that average. The market is taking a breather on the condo side, and owners should be paying close attention.

Houses vs. Condos - Breaking It Down

Here is a quick snapshot so we can see exactly where things stand:

• House HonestDoor Price: $3,340,120 - up 0.79%
• House predicted market value: $3,313,860
• House 3-month moving average: $3,201,690 (current values are above this - a good sign)
• House estimated monthly rent: $9,941 - $9,991
• House rental yield: 3.37%
• House Airbnb estimate: $494 - $496 per night - ranked 2nd in all of Edmonton
• House growth rank: 126 out of 302 Edmonton neighbourhoods - solidly above average

• Condo HonestDoor Price: $57,231 - down 5.10%
• Condo predicted market value: $60,307
• Condo 3-month moving average: $64,171 (current values are below this - worth watching)
• Condo estimated monthly rent: $332
• Condo rental yield: 4.36%
• Condo Airbnb estimate: $15 per night
• Condo growth rank: 269 out of 296 Edmonton neighbourhoods - bottom of the pack

That Airbnb number for houses deserves a second look. Ranking 2nd in Edmonton for short-term rental potential at roughly $496 per night is a serious income lever for house owners here. That is not a small deal.

The Neighbourhood Leaderboard

On the house side, sitting at 126 out of 302 puts Edmonton Research And Development Park in the above-average tier in Edmonton. We are not leading the pack, but we are ahead of more than half the city. Compare that to nearby options - South Edmonton Common, Satoo, and Meyonohk all come in at significantly lower price points for houses. Our neighbourhood is in a different weight class.

For condos, the rank of 269 out of 296 is a honest number and it deserves honesty back. Nearby Satoo condos average $226,477 and Meyonohk averages $191,976 - both considerably higher than the $57,231 average here. Condo owners need to know where they stand.

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

Here is the thing about your city assessment - it is a snapshot taken months ago, using data that is even older than that. It does not know that house values here just moved above the 3-month average. It does not know that condo values have shifted 5.10% in the wrong direction. Your tax assessment is basically a postcard from the past.

The HonestDoor Price is updated in real time. It reflects what is actually happening on the ground right now - not what was happening when a city assessor last ran the numbers. For house owners sitting on an average value of $3,340,120, even a small percentage difference between your assessment and your real market value is a significant dollar amount. For condo owners, knowing the current dip is happening protects you from making a pricing mistake if you decide to sell.

Check your HonestDoor Price now. Do not wait for a piece of mail from the city to tell you what your home is worth.

The So What - Thinking About Selling This Summer?

If you own a house here, this summer is a reasonable time to have a serious conversation about listing. Values are above the 3-month moving average, the Airbnb demand signal is one of the strongest in the city, and the rental income story at nearly $10,000 per month gives buyers a compelling reason to pay attention. You have a real argument to make to the market right now.

If you own a condo, the honest advice is to move carefully. A 5.10% drop and a growth rank near the bottom of Edmonton means you are not in a position of strength heading into a listing. That does not mean do not sell - it means price it right from day one. An overpriced condo in a softening micro-market sits, and a listing that sits gets stale fast.

Either way, the first step is the same - pull your HonestDoor Price, compare it to what you think your place is worth, and go from there with real numbers in hand.

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.