If you've been watching the "For Sale" signs on your street in Fairview, here's what's actually happening. The market is holding steady - not exploding, not crashing. Just quietly doing its thing. The average HonestDoor Price sits at $991,719, up 0.41% from last period. That's not a headline number, but it means values are moving in the right direction.
On the sales side, 2 houses changed hands recently at an average sale price of $1,040,000. Volume is low, which is typical for a tighter pocket like Fairview. When fewer homes sell, each one carries more weight. Price per square foot is running around $311 - a useful number to keep in your back pocket when you're sizing up a neighbour's listing.
Here's where it gets interesting for us in Fairview. On growth, we rank 6 out of 8 comparable neighbourhoods in Dollard-Des Ormeaux. That puts us in the below-average tier for appreciation speed right now - the market is taking a breather here compared to some nearby pockets. But flip to the price side and the story changes. We rank 3 out of 6 on price, which puts Fairview above average. In plain terms: this is not a cheap neighbourhood, even if it's not the fastest-growing one at the moment.
For context, nearby Dollard Des Ormeaux is fetching HonestDoor Prices around $1,076,133 and Lakeroad is coming in lower at $949,424. Fairview sits comfortably in the middle of that range - not the bargain bin, not the premium tier.
Here's the thing most Fairview homeowners don't realize. Your city assessment is a snapshot from the past. It's built on old sales data and gets updated on a slow government schedule. By the time it lands in your mailbox, the market has already moved.
The HonestDoor Price is a real-world check - updated regularly using actual market signals. Right now it's showing $991,719 for the average Fairview house. Your tax assessment might be telling you something very different. If you're making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number you want in front of you - not a figure the city calculated two years ago.
The predicted market value of $987,665 is also worth watching. It's sitting just below the 3-month moving average of $993,772, which tells us values have softened slightly in the very short term. Nothing alarming - but worth knowing if timing matters to you.
If selling is on your radar, here is the honest read. Fairview is priced above average for DDO, which is a good position to be in. But growth momentum is slower than some competing neighbourhoods right now. That means buyers have options, and pricing your home right out of the gate matters more than ever.
The rental picture also adds context. Average rental income is estimated at $4,136 per month with a rental yield of 4.77%. That's a moderate return - the kind of number that keeps investor buyers interested. And with an Airbnb rank of 3 in Dollard-Des Ormeaux and an estimated $205 per night, short-term rental potential is real here. That gives you a broader buyer pool than a lot of comparable streets.
Bottom line - if you're thinking about listing this summer, check your HonestDoor Price first. Know where you actually stand before you talk to anyone. The market isn't running away from you, but it's also not waiting around forever.
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.