Genesis On The Lakes, Stony Plain - September 2026 Real Estate Report

Genesis On The Lakes, Stony Plain: What Your Home Is Actually Worth Right Now

If you live on the lakes and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is doing some interesting things - and your city assessment is almost certainly not telling the full story.

The Vibe: Houses vs. Condos

Houses

Here's the honest picture for houses in Genesis On The Lakes. The average sale price is sitting at $1,140,000, with active listings averaging $1,175,000 right now. That gap matters. Buyers are landing deals at about 97 cents on the dollar - so if you're listing, expect some negotiation. Properties are taking an average of 188 days to sell, which puts us near the bottom of the days-on-market leaderboard in Stony Plain - rank 23 out of 24. That's slow. No sugarcoating it.

The good news? We rank number 1 out of 31 neighbourhoods in Stony Plain for price. Genesis On The Lakes houses are the most expensive in town. That's not nothing. The predicted market value for a house here is $724,446, up from a 3-month moving average of $711,109 - so values are quietly climbing. Growth ranks 23 out of 36, which puts us in the below-average tier, but the direction is still upward.

• Average sale price: $1,140,000
• Current average listing price: $1,175,000
• Price per square foot: $405
• Sale-to-list ratio: 97.02% - buyers are paying below ask
• Average days on market: 188 days
• Predicted market value (HonestDoor): $724,446
• Estimated monthly rent: $3,163
• Rental yield: 5.23% - that's a strong return
• Price rank in Stony Plain: 1 out of 31 - top of the leaderboard
• Growth rank in Stony Plain: 23 out of 36
• Days-on-market rank: 23 out of 24 - one of the slowest-selling pockets in town

One transaction closed in 2026 so far. The sample is small, so we read these numbers as directional, not definitive.

Condos

Condos in Genesis On The Lakes are in a different league entirely. The average HonestDoor Price is $1,242,500 - and the predicted market value comes in even higher at $1,278,400. That number has barely budged from the 3-month moving average of $1,278,300, so we're essentially holding steady. Values are down a slim 0.33% recently, which is more of a flatline than a drop.

Compare us to nearby condo neighbourhoods and the gap is striking. Willow Park averages $353,178. The Glens sits at $211,700. Heritage Estates is at $219,041. We're not in the same conversation. That said, growth ranks 27 out of 32 in Stony Plain - bottom-tier on the leaderboard. This isn't a high-growth play right now. It's a hold-your-value play.

• Average HonestDoor Price: $1,242,500 (down 2.81% from last period)
• Predicted market value: $1,278,400
• Estimated monthly rent: $4,980
• Rental yield: 2.42% - moderate, not a standout income property
• Airbnb estimate: $240 per night - Airbnb rank 3 in Stony Plain
• Growth rank in Stony Plain: 27 out of 32 - below average on the leaderboard

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

Your city assessment is a snapshot frozen in time. It's calculated once a year using data that's already months old by the time it lands in your mailbox. A lot can shift in that window - interest rates, buyer demand, what sold down the street last Tuesday.

The HonestDoor Price updates in real time. For houses here, it's currently tracking at $724,446 and moving upward. For condos, it's $1,242,500. These numbers reflect what's actually happening in the market today - not what was happening when a city assessor ran the numbers last fall. If you're making any financial decision tied to your home's value - refinancing, selling, even just knowing where you stand - the HonestDoor Price is the real-world check you need.

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

Here's the straight talk. If you own a house in Genesis On The Lakes and you're thinking about selling this summer, you need to go in with clear eyes. Homes here are taking close to six months to sell on average. Buyers are negotiating below list price. This market is taking a breather - it's not crashing, but it's not a feeding frenzy either.

The upside is that you're sitting in the most expensive neighbourhood in Stony Plain. Serious buyers looking at the top end of the market will find you. But patience is part of the strategy. Price it right from day one - overpricing in a 188-day market just burns time.

For condo owners, the story is about stability. Values are holding near record highs compared to everything around us. If you need to sell, the demand from buyers priced out of the house market could work in your favour. The rental yield at 2.42% is moderate, so investors may not be your primary buyer - lifestyle buyers and move-up buyers are your audience.

Either way, check your HonestDoor Price before you call an agent. Know your number. Then have the conversation.

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.