Ellerslie Industrial, Edmonton - October 2026 Real Estate Report
Ellerslie Industrial, Edmonton: What Your Home Is Actually Worth Right Now
The Vibe on the Ground
If you own in Ellerslie Industrial and you haven't checked your HonestDoor Price lately, now is the time. The city's tax assessment is a snapshot from the past. The market is moving - and not always in the direction you'd expect.
Houses: Steady, But Watch the Trend
The average HonestDoor Price for a house in Ellerslie Industrial sits at $694,959 - up 1.14% from the previous period. That sounds good on the surface. But here's the honest part: the predicted market value right now is $689,525, and that number is sliding below the 3-month moving average of $702,908. In plain terms, we've seen a -2.23% shift recently. The market is taking a breather.
- Average HonestDoor Price: $694,959 (up 1.14%)
- Predicted Market Value: $689,525
- 3-Month Moving Average: $702,908
- Recent Price Change: -2.23%
- Average Rental Estimate: $3,059/month
- Rental Yield: 5.32% - that is a strong return for landlords
- Airbnb Estimate: $152/night
- Neighbourhood Growth Rank: 160 out of 285 in Edmonton - below average on the leaderboard
The silver lining for house owners? That 5.32% rental yield is genuinely solid. If you're holding this property as an investment, the income story is still working in your favour even if the appreciation story has slowed down.
Condos: The Numbers Need a Closer Look
Condos in Ellerslie Industrial are where we need to have a real conversation. The average HonestDoor Price is $467,166 - up 3.05% from the previous period, which sounds encouraging. But the predicted market value is $453,332, sitting well below the 3-month moving average of $482,019. That's a -4.56% recent change. On the neighbourhood growth leaderboard, condos here rank 276 out of 297 in Edmonton. That puts us near the bottom of the pack right now.
- Average HonestDoor Price: $467,166 (up 3.05%)
- Predicted Market Value: $453,332
- 3-Month Moving Average: $482,019
- Recent Price Change: -4.56%
- Average Rental Estimate: $2,379/month
- Rental Yield: 3.93% - moderate, not a standout
- Airbnb Estimate: $118/night
- Airbnb Rank in Edmonton: 48 out of all neighbourhoods - actually a decent short-term rental position
- Neighbourhood Growth Rank: 276 out of 297 in Edmonton - bottom performers right now
The one bright spot for condo owners? That Airbnb rank of 48 in Edmonton is worth paying attention to. If your unit allows short-term rentals, the demand signal is there even when the appreciation signal is weak.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's built from old data. It doesn't know what happened in the market last month, or last quarter. The HonestDoor Price is updated in real time, pulling from actual sales and current market signals. For Ellerslie Industrial right now, that gap between your assessment and your real-world value could be significant - in either direction.
If your assessment is higher than your HonestDoor Price, you might be overpaying on property taxes. If it's lower, you're sitting on equity the city hasn't officially recognized yet. Either way, you deserve the accurate number - not the government's best guess from a year ago.
The "So What?" - Thinking About Selling This Summer?
For house owners, the window is real but it's not wide open forever. Values are still above the $689,000 range, and rental demand is strong enough that buyers with investment intentions are paying attention. If you're thinking about listing, getting ahead of the downward trend in the moving average is smarter than waiting to see where it lands by fall.
For condo owners, this summer calls for honesty. A growth rank of 276 out of 297 means we're not in a seller's sprint right now. That doesn't mean you can't sell - it means pricing it right from day one matters more than ever. Overpricing a condo in a slow-growth pocket is the fastest way to sit on the market and lose negotiating power.
The move for anyone in Ellerslie Industrial right now is simple - check your HonestDoor Price, compare it to what your neighbours are listed at, and make a decision based on today's numbers. Not last year's assessment. Not a gut feeling. The data is right there.
ellerslie industrial | edmonton | october 2026This 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.