Grandin Park, Morinville - July 2026 Real Estate Report

Grandin Park, Morinville: What Your Neighbours Are Not Telling You About Home Values Right Now

If you own a home in Grandin Park and you have not checked your property value lately, you might be sitting on a bigger number than you think - or a smaller one, depending on what you own. Here is the straight story on what is happening in our neighbourhood right now.

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

We are seeing a real split in Grandin Park right now, and it matters whether you own a house or a condo.

Houses: If you have been watching the "For Sale" signs on the street, here is what is actually happening. The average sale price for houses hit $363,000 last month - that is up 17.1% from the month before. Listings are sitting at an average ask of $375,000, and homes are spending about 30 days on the market before selling. Buyers are paying roughly 96.8% of list price, so there is a little room to negotiate, but not much. The predicted market value for houses sits at $355,157, and that number is trending up from the 3-month average of $347,369. On the Morinville neighbourhood leaderboard, Grandin Park houses rank 4 out of 14 for growth - that puts us solidly in the above-average tier. Not the top of the pack, but well ahead of the middle.

• Average sale price: $363,000 (up 17.1% from last month)
• Average list price: $375,000
• Price per square foot: $352
• Average days on market: 30
• Sale-to-list ratio: 96.8%
• Predicted market value: $355,157
• Rental yield: 5.90% - strong returns for landlords
• Estimated rent: $1,872 per month
• Growth rank: 4 out of 14 neighbourhoods in Morinville

Condos: This is where we need to be honest with each other. The condo side of Grandin Park is taking a breather - and it is a noticeable one. The predicted market value for condos is $143,541, which is down from a 3-month moving average of $174,847. Values have shifted by -7.25% recently, and on the Morinville leaderboard, our condos rank 11 out of 11 for growth. That is the bottom of the board right now. The HonestDoor Price average for condos is $200,283 - but that big 39.53% jump from the previous period tells us the data is moving around, which means now is exactly the time to get a current read on your specific unit rather than guessing.

• Average HonestDoor Price: $200,283
• Predicted market value: $143,541
• 3-month moving average: $174,847
• Recent value change: -7.25%
• Estimated rent: $790 per month
• Rental yield: 4.35% - moderate
• Growth rank: 11 out of 11 neighbourhoods in Morinville

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for the Tax Assessment

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house prices in Grandin Park just jumped 17.1% in a single month. It does not know that condo values are sliding. By the time that paper shows up in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time. For houses in Grandin Park, it is currently averaging $337,929. For condos, it is $200,283. Those numbers reflect what is actually happening on the street today - not what was happening when a government assessor last ran the numbers. If you are a house owner, your real-world value could be higher than your assessment suggests. If you own a condo, the opposite might be true. Either way, you deserve to know the real number before you make any decisions.

Compared to nearby neighbourhoods, Grandin Park houses are priced below Forest Glen ($369,141), Grandin View Point ($418,735), and Poplar Grove ($420,138). That gap is actually useful information - it tells you there is room for values here to climb as the neighbourhood catches up.

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

If you own a house in Grandin Park and you are thinking about listing this summer, the timing is not bad. Prices are up, the predicted value is rising, and we rank above average for growth in Morinville. Homes are moving in about 30 days, which is a reasonable pace. The rental yield of 5.90% also means that if you are not ready to sell, holding and renting is a genuinely solid option.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. Values are sliding right now, and sitting at the bottom of the Morinville growth leaderboard is not where you want to be when you list. That does not mean you should panic - but it does mean pricing your unit sharp and not leaving it on the market too long will matter more than usual.

For everyone in Grandin Park, the single best move right now is to pull your HonestDoor Price and compare it to your last assessment. That gap - whatever direction it goes - is the number that actually affects your next decision. Do not let a stale government document be the last word on what your home is worth.

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.