HonestDoor

    Evergreen Village, Paradise - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Paradise, Evergreen Village

    Evergreen Village, Paradise: Your Neighbour Just Listed - Here Is What You Need To Know

    The Vibe Right Now

    If you have been keeping an eye on things in Evergreen Village, the market is sending two very different signals depending on what you own. Houses and condos are telling completely different stories this season - and knowing which story is yours could be worth tens of thousands of dollars.

    Houses: Taking a Breather

    Let us be straight with you. The house market in Evergreen Village is cooling off a little. The average HonestDoor Price for a house sits at $386,527, which is down 2.79% from the previous period. That is not a crash - it is a breather. The predicted market value is actually sitting a bit higher at $397,612, and that number is trending up from the 3-month moving average of $391,321, which is an encouraging sign.

    On the neighbourhood leaderboard, houses in Evergreen Village rank 5 out of 8 comparable neighbourhoods in Paradise for growth. Below average, yes - but not at the bottom. There is room to move up.

    • Average HonestDoor Price: $386,527 (down 2.79%)
    • Predicted Market Value: $397,612
    • 3-Month Moving Average: $391,321 (trending up)
    • Average Rental Estimate: $2,010 per month
    • Rental Yield: 5.82% - that is a strong return
    • Airbnb Estimate: $100 per night
    • Airbnb Rank in Paradise: 7 out of comparable neighbourhoods
    • Recent Value Change: -0.18%

    For context, nearby Karwood Estates houses are averaging $455,382 and Moores Drive is at $441,433. Donovan Terrace comes in cheaper at $369,426. So we are sitting in the middle of the pack - not the cheapest, not the priciest.

    The rental story is genuinely good though. A 5.82% rental yield on a house is not something to gloss over. If you are an investor or thinking about renting your place out, that number puts Evergreen Village houses in solid territory.

    Condos: A Different Story Entirely

    Condo owners in Evergreen Village - pay attention. Your market is moving fast. The average HonestDoor Price for a condo is $498,220, and the predicted market value has jumped to $590,720. That is up significantly from the 3-month moving average of $541,487. A recent value change of 33.22% is a number that demands a second look.

    On the neighbourhood leaderboard, condos here rank 2 out of 8 in Paradise for growth. That puts us firmly in above-average territory - and close to the top.

    • Average HonestDoor Price: $498,220 (down 15.66% from previous period)
    • Predicted Market Value: $590,720
    • 3-Month Moving Average: $541,487 (trending up strongly)
    • Average Rental Estimate: $2,530 per month
    • Rental Yield: 3.66% - moderate but steady
    • Airbnb Estimate: $125 per night
    • Airbnb Rank in Paradise: 7 out of comparable neighbourhoods
    • Recent Value Change: +33.22%
    • Growth Rank: 2 out of 8 in Paradise

    Yes, the HonestDoor Price shows a 15.66% dip from the previous period - but the predicted value and the 3-month trend are pointing upward hard. Nearby Donovan Terrace condos are at $608,100 and Karwood Estates at $596,836, so we are slightly behind those two - but the gap is closing.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that condo values in Evergreen Village just moved 33.22%. It does not know that house predicted values are climbing back above the 3-month average. Your tax assessment is basically a postcard from the past.

    The HonestDoor Price is updated in real time. It pulls in current sales data, market trends, and comparable properties right now - not six months ago. For house owners, it is showing a predicted value of $397,612 against an average HonestDoor Price of $386,527. That gap matters when you are pricing a listing or negotiating a sale. For condo owners, the spread between the HonestDoor Price and the predicted value is even wider - and that is information your buyer does not have unless you do.

    Check your HonestDoor Price before your next conversation with a realtor. Walk in informed.

    The So What - Thinking About Selling This Summer?

    If you own a house in Evergreen Village and you are thinking about listing this summer, the honest answer is: timing matters. Values dipped slightly but the trend is recovering. The predicted value is above the current average HonestDoor Price, which suggests the market is not done moving. A 5.82% rental yield also means buyers who are investors will be looking at your property seriously - that is a selling point worth putting in your listing.

    If you own a condo, the case for selling this summer is stronger. A growth rank of 2 out of 8 in Paradise means we are near the top of the leaderboard right now. Predicted values are climbing. The window when your condo is outperforming most of the city is exactly the window you want to be in when you list.

    Either way - house or condo - do not rely on last year's assessment to set your price. Pull your HonestDoor Price, compare it to the predicted value, and have that conversation with your agent armed with current numbers. That is how neighbours in Evergreen Village get the better end of the deal.

    evergreen village | paradise | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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