HonestDoor

    Evergreen Village, Paradise - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Paradise, Evergreen Village

    Evergreen Village, Paradise: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now

    The Vibe - What Is Happening on Our Streets

    If you have been watching the "For Sale" signs in Evergreen Village lately, here is the honest picture. Our market is taking a breather. Values are down, and the numbers are worth paying attention to whether you are thinking of selling, renting, or just keeping score on your biggest asset.

    On the neighbourhood leaderboard, Evergreen Village ranks 7 out of 8 comparable neighbourhoods in Paradise for growth - both for houses and condos. That is not a panic signal, but it does mean we are not leading the pack right now. Knowing that is half the battle.

    Houses in Evergreen Village

    • Average HonestDoor Price: $380,215 - down 1.63% from the previous period
    • Predicted market value: $386,527
    • 3-month moving average: $394,155 - values are trending below this
    • Recent price change: -2.79%
    • Average rental estimate: $1,982 per month
    • Rental yield: 5.84% - that is a strong return for landlords
    • Airbnb estimate: $98 per night - ranked 8th in Paradise for short-term rental potential

    The house market here is softer than it was a few months ago. That 3-month moving average of $394,155 tells us prices have been sliding - we are now sitting about $7,600 below that benchmark. Neighbours in Karwood Estates and Moores Drive are seeing average prices closer to $463,000-$464,000, so there is a real gap between us and those streets. The silver lining? If you own a house and rent it out, that 5.84% rental yield is genuinely solid. Your tenant is essentially covering a healthy chunk of your mortgage.

    Condos in Evergreen Village

    • Average HonestDoor Price: $363,020 - down 27.14% from the previous period
    • Predicted market value: $498,220
    • 3-month moving average: $510,783 - values are trending below this
    • Recent price change: -15.66%
    • Average rental estimate: $1,917 per month
    • Rental yield: 3.84% - moderate returns
    • Airbnb estimate: $95 per night - ranked 6th in Paradise for short-term rental potential

    The condo numbers are the ones to watch closely. A 27.14% drop in the HonestDoor Price is a significant move in a short period. Nearby Donovan Terrace condos are sitting at $366,100 and Karwood Estates at $379,082 - both slightly ahead of us. If you own a condo here, this is not the time to assume your value held steady. It almost certainly has not.

    The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here is the thing about your city tax assessment - it is a snapshot from months ago, sometimes longer. It does not know that Evergreen Village condo values dropped 15.66% recently. It does not know our neighbourhood is sitting near the bottom of the Paradise growth leaderboard. That number on your assessment notice is essentially stale bread.

    The HonestDoor Price is updated in real time using actual market signals. Right now, it is showing us a very different picture than what the city has on file. For houses, the HonestDoor Price is $380,215. For condos, it is $363,020. These are the numbers that reflect what a buyer would actually put on the table today - not what someone estimated your home was worth a year ago.

    If you are making any financial decision tied to your home's value - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need right now.

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

    Straight talk: this is not the hottest seller's market Evergreen Village has seen. Values are down, we are near the bottom of the Paradise neighbourhood growth rankings, and buyers know it. That does not mean you should not sell - it means you need to go in with clear eyes.

    A few things worth knowing before you list:

    • Pricing sharp matters more than ever. Overpricing in a softening market means your home sits, and a stale listing is a weak listing.
    • If you own a house, your rental yield story is strong at 5.84% - that is a genuine selling point for investor buyers who are actively looking.
    • Condo sellers face more headwinds right now. That -15.66% recent price change means buyers will be doing their homework. You should too.
    • Check your HonestDoor Price before you even call an agent. Walk into that conversation knowing your real-world number, not the city's outdated one.

    Bottom line - Evergreen Village is not broken, it is just taking a breather. The fundamentals are still here: rental demand is real, Airbnb income is a legitimate option, and the neighbourhood is not going anywhere. But if you are selling this summer, go in informed. Your HonestDoor Price is the place to start.

    evergreen village | paradise | september 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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