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    Evergreen Village, Paradise - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Paradise, Evergreen Village

    Evergreen Village, Paradise: Here's What Your Home Is Actually Worth Right Now

    If you've been glancing at your latest property assessment and wondering if it still reflects reality, the short answer is: probably not. Here's the real picture for Evergreen Village homeowners heading into summer.

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

    Let's be straight with each other. Houses and condos in our neighbourhood are moving in opposite directions right now, and knowing which camp you're in matters a lot.

    Houses are holding strong. The average HonestDoor Price for a house in Evergreen Village sits at $397,489. The predicted market value is $398,214 - and that number is climbing. It's up against a 3-month moving average of $380,755, which means the momentum is pointing in the right direction. On the neighbourhood leaderboard for growth, Evergreen Village houses rank 1 out of 8 comparable areas in Paradise. That's not a small thing. We're sitting at the top of the pack.

    • Average HonestDoor Price (Houses): $397,489
    • Predicted Market Value: $398,214
    • 3-Month Moving Average: $380,755 (and we're above it)
    • Growth Rank: 1 out of 8 in Paradise
    • Average Rental Estimate: $2,058 per month
    • Rental Yield: 5.82% - that's a strong return
    • Airbnb Estimate: $102 per night (ranked 6th in Paradise)
    • Recent Value Change: up 5.37%

    Condos are taking a breather - a significant one. The HonestDoor Price for condos is $590,720, which looks impressive on paper. But the predicted market value has pulled back to $443,410, down sharply from a 3-month moving average of $645,023. That's a 24.89% recent change, and not in the good direction. On the neighbourhood leaderboard, Evergreen Village condos rank 7 out of 8 in Paradise right now. If you own a condo here, that's the number you need to pay attention to.

    • Average HonestDoor Price (Condos): $590,720
    • Predicted Market Value: $443,410
    • 3-Month Moving Average: $645,023 (and we're below it)
    • Growth Rank: 7 out of 8 in Paradise
    • Average Rental Estimate: $2,910 per month
    • Rental Yield: 3.95% - moderate
    • Airbnb Estimate: $146 per night (ranked 3rd in Paradise)
    • Recent Value Change: down 24.89%

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

    Here's the thing about government assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual market activity. It's the difference between checking yesterday's weather forecast and stepping outside to feel the temperature yourself.

    For house owners in Evergreen Village, the HonestDoor Price of $397,489 reflects a market that's actively growing - up 5.37% recently and sitting above its own 3-month average. Your tax assessment almost certainly doesn't capture that. For condo owners, the HonestDoor Price tells a more complicated story that a static government number would completely miss. Either way, the HonestDoor Price is the real-world check you need before making any decision about your property.

    Compare us to the neighbours: Karwood Estates houses are predicted at $467,700 and Donovan Terrace at $451,000. Evergreen Village houses come in below both - which means there's a real conversation to be had about relative value and upside potential in our corner of Paradise.

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

    If you own a house in Evergreen Village, this summer is worth a serious look. Ranking first in growth out of 8 Paradise neighbourhoods is a genuine selling point. Buyers notice momentum, and right now our houses have it. A rental yield of 5.82% also means investor buyers are paying attention - that expands your pool of potential offers.

    If you own a condo, the honest advice is to get your HonestDoor Price pulled up today before you set any expectations. The gap between the $590,720 HonestDoor Price and the $443,410 predicted market value is wide, and that kind of spread tells you the market is recalibrating. Listing without understanding that dynamic could mean sitting on the market longer than you want to this summer.

    Bottom line: Evergreen Village is not a one-size-fits-all story right now. House owners have real wind at their backs. Condo owners need a clear-eyed look at current numbers before making a move. Either way, your starting point should be your HonestDoor Price - not a piece of paper from the city that's already out of date.

    evergreen village | paradise | july 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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    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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