If you own a house in Edmonton South East, you are sitting on one of the priciest addresses in the city. We are talking a price rank of 8 out of 285 Edmonton neighbourhoods. That is top 3%. Not many people realize that when they are mowing their lawn on a Tuesday morning.
The one house that sold recently went for $1,290,000, and the seller got 99.61% of their asking price. That means buyers are not lowballing here. They are showing up close to full price, and the property was gone in an average of 1 day on market. One day. That is not a slow market - that is a lineup at the door.
Here is where it gets interesting. Edmonton South East ranks 137 out of 285 neighbourhoods for growth - right in the above-average tier. Not the flashiest growth story in the city, but this neighbourhood is not trying to be. It is already expensive. When you are already near the top of the price ladder, steady beats flashy every time.
Compare that to the neighbours. Mattson sits at $467,240 and Walker at $511,363. Decoteau is the outlier at $1,372,634, which skews the comparison. But the point stands - Edmonton South East is holding its own at the premium end of the southeast corridor.
Here is the thing about your city assessment. It is a snapshot from months ago, built on a formula that does not know your renovated kitchen or your finished basement. It is a best guess, frozen in time.
The HonestDoor Price for Edmonton South East is currently $896,608 - up 4.73% from the previous period. That is a real-world, right-now number that moves with the market. The predicted market value for houses specifically sits at $870,991, and it is being tracked against a 3-month moving average of $873,141. That kind of precision is what you need when you are making a decision worth hundreds of thousands of dollars.
Your city assessment is not wrong on purpose. It is just old. The HonestDoor Price is the real-world check that tells you what a buyer would actually pay today - not what a spreadsheet calculated last fall.
If you are thinking about listing this summer, the data is giving you a green light - with one honest caveat. Properties here are selling fast and close to asking price. That is the good news. The slight dip of -1.89% in recent values tells us the market is taking a small breather, not falling off a cliff.
The rental picture also backs up the value here. Estimated rent is $3,658 per month with a rental yield of 5.03%. That is a strong number. It means if you are not ready to sell, holding and renting is a legitimate play.
But if selling is the plan, here is the straight talk. You are in a neighbourhood that ranks 8th on price in all of Edmonton. Buyers who want this area know it. They are not browsing - they are deciding. Price it right using your HonestDoor Price, not last year's assessment, and you will not be sitting on the market long. The data says one day. That is about as good as it gets.
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.