Evansdale, Edmonton - July 2026 Real Estate Report

Evansdale, Edmonton: Your House Is Worth Way More Than the City Thinks

If you have not looked at your property value lately, here is the short version - the city's assessment is not telling you the full story. Not even close. The average assessed value for a house in Evansdale sits at $387,611. The average HonestDoor Price? $540,205. That is a $152,594 gap, and it matters more than most people realize.

The Vibe: What Is Actually Happening in Evansdale Right Now

We are in an interesting spot. Houses are moving fast and holding strong value. Condos are a different conversation. Here is how we break it down.

Houses - Strong Demand, Fast Sales

If you have been watching the "For Sale" signs in Evansdale, here is what is actually happening on the house side of things.

• Average sale price: $480,000 - up 13.9% from last month
• Average listing price: $454,000 this month
• Price per square foot: $305
• Sale-to-list ratio: 99.63% - buyers are paying almost exactly what sellers are asking
• Average days on market: 18 days - ranks 17 out of 103 neighbourhoods in Edmonton for speed
• HonestDoor predicted value: $529,221 - up from the 3-month moving average of $528,794
• Estimated monthly rent: $2,396 with a rental yield of 5.73%

Eighteen days on market is not a slow neighbourhood - that is a fast one. Edmonton-wide, we rank 17 out of 103 for how quickly houses sell. Buyers are not sleeping on Evansdale. The 5.73% rental yield is also worth noting for anyone thinking about holding rather than selling - that is a solid return in this market.

One thing to keep in mind: property values have dipped 1.65% recently, and on the neighbourhood growth leaderboard, houses rank 252 out of 302. That puts us in the lower tier for price appreciation compared to other Edmonton neighbourhoods. The sales are fast, but the long-term growth curve is something to watch.

Condos - Taking a Breather

The condo picture in Evansdale is a bit more cautious. One unit sold this month, sitting on the market for 86 days. Compare that to Northmount at 65 days and Eaux Claires at 43 days - we are slower than both nearby options right now.

• Average sale price: $213,000 - essentially unchanged
• Average listing price: $219,900
• Price per square foot: $463
• Sale-to-list ratio: 96.86% - buyers are negotiating a bit of a discount
• Average days on market: 86 days
• HonestDoor predicted value: $131,677 - up slightly from the 3-month moving average of $130,270
• Estimated monthly rent: $689 with a rental yield of 4.34%
• HonestDoor Price: $127,357 - down 3.28% from the previous period

Here is the flip side on condos - the growth rate ranks 71 out of 296 Edmonton neighbourhoods. That actually puts condo value growth in the above-average category, even if sales are slow right now. The HonestDoor Price for condos is also 12.68% below the city's assessed value of $145,849, which means the city may be overvaluing these units compared to what the real market is doing.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about the city's assessed value - it is a snapshot from months ago, built on a formula that does not update in real time. It does not know what sold last week on your street. It does not factor in current buyer demand or what listings are actually closing at right now.

The HonestDoor Price is a live, real-world check on what your property is worth today - not what a government formula calculated last year. For houses in Evansdale, that difference is $152,594. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value alone is leaving a massive blind spot in your planning.

The HonestDoor Price for houses is up 2.08% from the previous period. That is momentum. The assessed value does not show you momentum - it shows you history.

The "So What?" - Thinking About Selling This Summer?

For house owners, the case for listing this summer is real. Homes are selling in 18 days on average. Buyers are paying 99.63% of list price. The HonestDoor Price is sitting at $540,205 - well above what most owners probably think their home is worth if they are going off the city's number. With 36 total transactions recorded in 2026 and 1,138 properties assessed, there is a healthy pool of comparable sales supporting that valuation.

Nearby, Belle Rive has an average HonestDoor Price of $529,396 and Eaux Claires sits at $500,797 - both cheaper than Evansdale on the house side. That means buyers priced out of Evansdale are not finding a cheaper alternative next door. That is a good sign for sellers here.

For condo owners, patience is the word. The market is slower, buyers are negotiating, and it is taking longer to sell than in nearby neighbourhoods. That does not mean do not sell - it means price it right from day one and do not expect a bidding war. The growth rank of 71 out of 296 suggests the long-term value story is decent, but the short-term sales environment requires realistic expectations.

Bottom line - if you own a house in Evansdale and have been on the fence about selling, this summer's conditions are working in your favour. Check your HonestDoor Price before you do anything else. The gap between what the city thinks your home is worth and what a buyer will actually pay might be the most important number you see all year.

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.