Ellerslie Industrial, Edmonton - August 2026 Real Estate Report

Ellerslie Industrial, Edmonton: What Your Home Is Actually Worth Right Now

If you own property in Ellerslie Industrial and the last number you checked was your city tax assessment, you are probably working with stale data. Here is what is actually happening on the ground.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Ellerslie Industrial right now, and which side of it you are on matters a lot for your next move.

Houses

• Average HonestDoor Price: $703,771
• Predicted market value: $714,818 - trending up from the 3-month average of $714,350
• Recent price change: up 1.19%
• Neighbourhood growth rank: 120 out of 292 Edmonton neighbourhoods - solidly above average
• Estimated rent: $3,102 to $3,123 per month
• Rental yield: 5.29% - that is a strong return
• Airbnb potential: around $154 to $155 per night, ranked 99th in Edmonton

Houses here are holding their own. Yes, the HonestDoor Price dipped 1.20% from the previous period, but the predicted value is climbing and sitting above the 3-month moving average. That tells us the short-term blip is not the full picture. Landing at 120 out of 292 neighbourhoods puts us in the top half of Edmonton - not flashy, but genuinely solid ground.

Compare that to our neighbours: Cashman sits at $518,444, Blackmud Creek at $626,762, and Summerside at $618,264. Houses in Ellerslie Industrial are priced higher than all three nearby areas. If you own a house here, you are sitting on a premium asset relative to the immediate surroundings.

Condos

• Average HonestDoor Price: $474,999
• Predicted market value: $517,726 - well above the 3-month moving average of $501,197
• Recent price change: up 5.96%
• Neighbourhood growth rank: 15 out of 302 Edmonton neighbourhoods - top performers
• Estimated rent: $2,412 to $2,592 per month
• Rental yield: 3.80% - moderate but steady
• Airbnb potential: around $120 to $129 per night, ranked 47th in Edmonton

Condos are the real headline here. The HonestDoor Price dropped 8.25% from the previous period, which sounds rough - but the predicted value of $517,726 is running significantly ahead of the 3-month average. That gap tells us the market is correcting upward fast. And ranking 15th out of 302 Edmonton neighbourhoods for growth? That puts condo owners in Ellerslie Industrial on the neighbourhood leaderboard right near the top. This is not a neighbourhood taking a breather - it is one picking up speed.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Your city assessment is a snapshot from months ago. It does not know that condo values here are trending sharply upward or that house predicted values are outpacing their recent moving averages. The HonestDoor Price updates in real time, pulling in current market signals instead of last year's data.

For condo owners especially, there is a real gap between what the city thinks your unit is worth and what the market is actually signalling right now. That gap is money left on the table if you are making decisions - whether selling, refinancing, or just understanding your net worth - based on an outdated government number.

Check your HonestDoor Price today. It is the real-world check your assessment cannot give you.

The So What: Thinking About Selling This Summer?

Here is the straight talk for anyone weighing a summer sale in Ellerslie Industrial.

If you own a house, the market is stable and you are priced above every nearby neighbourhood. The 5.29% rental yield also means buyers who are investors will look at your property seriously. You are not in a panic-sell situation - you are in a position of quiet strength. Price it right using your current HonestDoor Price, not last year's assessment, and you will not leave money behind.

If you own a condo, the growth rank of 15th in the city is a genuine selling point. Buyers looking for upside want to be in neighbourhoods climbing the leaderboard, and Ellerslie Industrial condos are doing exactly that. The predicted value running ahead of the moving average suggests momentum is on your side heading into summer.

Either way, the move right now is simple - know your real number before you list. That starts with your HonestDoor Price.

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.