If you've been watching the "For Sale" signs in Evergreen, here's what's actually happening. This neighbourhood sits at the very bottom of Edmonton's price ladder - rank 285 out of 285 for house prices. But before you take that as bad news, flip it around: you're in one of the most accessible entry points in the entire city, and the numbers are quietly moving in the right direction.
On the houses side, the average sale price is sitting at $94,500, with current listings averaging $96,000. Buyers are paying about 98.44% of list price, which means there's a small bit of room to negotiate, but not a lot. Properties are taking a long time to sell - 169 days on average - so we're in a buyer's market here. Sellers need to be patient and priced right. There's no rushing this one.
Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older than that. In a neighbourhood like Evergreen, where values are actively shifting, that number can mislead you in a real way.
The average assessed value in Evergreen is $91,135. But the average HonestDoor Price is $85,654. That's a gap of about $5,500 - and it matters. The HonestDoor Price is a real-world check built from current market signals, not a government spreadsheet that gets updated once a year. It's also 6.01% lower than Edmonton's average assessed value, which tells you the city's official numbers are running a bit hot compared to what buyers are actually paying on the ground.
The good news? That HonestDoor Price has climbed 5.67% from the previous period. The predicted market value for houses specifically sits at $84,951, up from a 3-month moving average of $80,915. That's real, measurable momentum. If you're a homeowner in Evergreen, now is the time to check your HonestDoor Price - not to wait for your next assessment notice to tell you something that's already out of date.
Evergreen ranks 11 out of 291 neighbourhoods in Edmonton for growth rate. Read that again. Out of 291 neighbourhoods, Evergreen is in the top 4% for price growth. That is not a small deal for a neighbourhood that most people overlook because of its price point. The cheap seats are appreciating faster than most of the expensive ones.
Compare that to nearby areas. Anthony Henday Clareview has a HonestDoor Price of $327,856. Anthony Henday Horse Hill sits at $295,224. Rural North East South Sturgeon is all the way up at $1,022,915. Evergreen is a fraction of those prices - but it's growing. For investors or first-time buyers, that combination is worth paying attention to.
Rental yield on houses in Evergreen is 6.15%. That's a strong return by any standard. Estimated monthly rent comes in at $396, with an Airbnb potential of about $19 per month. The long-term rental play here is the real story - a 6.15% yield in a growing neighbourhood is the kind of number that gets investors interested.
Straight talk: selling in Evergreen this summer takes patience. One house sold in the most recent period. Days on market average 169. The days-on-market rank is 106 out of 112, which means properties here sit longer than almost everywhere else in Edmonton. You are not going to list on a Friday and have offers by Monday.
But here's the flip side. If you price it right - close to that $84,951 to $94,500 range - and you give it time, the growth trend is working in your favour. Values are up 6.99% recently. The HonestDoor Price is climbing. The neighbourhood is in the top 11 in the city for growth momentum. That's a story you can tell a buyer.
The move right now is to pull your HonestDoor Price, compare it honestly to your assessed value, and set expectations with your agent around a realistic timeline. Don't overprice chasing that $91,135 assessment number - the market is telling us $85,000 to $95,000 is where real transactions happen. Price in that zone, be patient, and the growth trend is on your side.
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.