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

Edmonton Research And Development Park: What Your Home Is Actually Worth Right Now

The Vibe in the Park

If you own property in Edmonton Research And Development Park, you are sitting on some of the highest-value real estate in the city. We are not talking about a typical residential street. Houses here average a HonestDoor Price of $3,259,850. That is not a typo. But the market is taking a breather, and if you are not paying attention, that shift could cost you.

Houses - The Big Picture

The average house here carries a predicted market value of $3,309,680. The 3-month moving average sits at $3,321,220, and values have dipped 0.91% recently. The HonestDoor Price has also slipped 1.51% from the previous period. Two signals pointing the same direction - prices are easing, not crashing, but easing.

• Average HonestDoor Price: $3,259,850
• Predicted Market Value: $3,309,680
• Recent Price Change: -0.91%
• Average Rental Estimate: $9,842 per month
• Rental Yield: 3.35%
• Airbnb Estimate: $489 per night
• Airbnb Rank in Edmonton: 2nd out of all neighbourhoods
• Neighbourhood Leaderboard - Growth Rank: 220 out of 291 in Edmonton

That Airbnb rank is worth a second look. Second in all of Edmonton for short-term rental potential at $489 a night is a serious number. If you own here and are not thinking about that income stream, you are leaving money on the table. The rental yield at 3.35% is moderate for a property at this price point, but the raw dollar figure - $9,842 a month in estimated rent - tells a different story. Compare that to nearby Satoo ($2,325/month) or Meyonohk ($1,940/month) and the gap is enormous.

Condos - A Different Story

Condo owners, we need to have an honest conversation. The average HonestDoor Price for condos here is $54,831, up a slim 0.37% from last period. But the predicted market value has dropped 4.55% recently, sitting at $54,629 against a 3-month moving average of $57,389. That is a meaningful gap in a short window.

• Average HonestDoor Price: $54,831
• Predicted Market Value: $54,629
• Recent Price Change: -4.55%
• Average Rental Estimate: $302 per month
• Rental Yield: 4.35%
• Airbnb Estimate: $15 per night
• Airbnb Rank in Edmonton: 332nd out of all neighbourhoods
• Neighbourhood Leaderboard - Growth Rank: 248 out of 302 in Edmonton

A growth rank of 248 out of 302 puts condos here in the bottom tier of Edmonton performers right now. Nearby South Edmonton Common condos are priced almost identically at around $53,950, so there is very little pricing advantage to hold onto. If you own a condo here, this data matters.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment

Here is the thing about your city assessment. It is a snapshot from months ago, built on broad formulas, not your actual street or your actual property. The HonestDoor Price updates in real time using current sales data, market signals, and neighbourhood-level trends. When house values in Edmonton Research And Development Park shift by nearly 1% in a short window, your tax assessment will not catch that until next year. Your HonestDoor Price already has. That is the difference between making a decision based on yesterday's news versus what is happening right now.

For a property worth over $3 million, a 1% swing is roughly $33,000. Knowing that number today - not in six months - is not a small thing.

The So What - Thinking About Selling This Summer?

For house owners, the window is still strong but the trend line is worth watching. Values are dipping slightly and the growth rank of 220 out of 291 tells us this neighbourhood is not leading the Edmonton pack right now. That does not mean do not sell - it means do not wait around assuming prices will climb back up on their own. If your plan is to sell this summer, pricing sharp and moving quickly is smarter than holding out for a number the market may not support.

For condo owners, the urgency is higher. A 4.55% drop in predicted value over a short period, a bottom-third growth rank, and a rental estimate of $302 a month do not paint a picture of a market gaining steam. If selling is on your radar, sooner beats later here.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your real-world number, not the one the city printed on your assessment notice last January.

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.