Grandin Park, Morinville - October 2026 Real Estate Report
Grandin Park, Morinville: Here's What Your Home Is Actually Worth Right Now
If you've been glancing at your city tax assessment and feeling pretty good about it, hold on. The market in Grandin Park is moving in a different direction, and the gap between what the city thinks your home is worth and what buyers will actually pay is worth paying attention to. Here's the straight story.
The Vibe: Houses vs. Condos
Let's break down what's happening for us in Grandin Park right now, depending on what you own.
Houses
The one house that sold recently went for $355,000, and current listings are sitting at $370,000. That gap tells you something - buyers have a little room to negotiate. On average, homes are selling at about 96 cents on the dollar of list price, so sellers are getting close to what they're asking, but not everything. The good news? Homes are moving fast. We're sitting at an average of 12 days on market, which ranks us 2nd out of 10 neighbourhoods in Morinville for speed. That's a strong signal that buyers are still showing up.
- Average HonestDoor Price: $336,238 (down 1.27% from last period)
- Average sale price: $355,000
- Current average list price: $370,000
- Price per square foot: $316
- Sale-to-list ratio: 95.95%
- Average days on market: 12
- Estimated monthly rent: $1,781
- Rental yield: 5.92% - that's a solid return
- Airbnb estimate: $88 per night
- Growth rank: 12 out of 14 neighbourhoods in Morinville
That growth rank is the number to watch. On the neighbourhood leaderboard, we're near the bottom - 12th out of 14. Values have dipped 2.17% recently, and the predicted value of $340,577 is sliding below the 3-month moving average of $342,214. The market isn't crashing, but it is taking a breather.
Condos
Condo owners, your story is a bit different. Values are actually up a tiny 0.31%, which is a small win compared to the house side of things. But the predicted market value of $187,262 is running below the 3-month moving average of $194,231, so the trend line is still pointing down for now.
- Average HonestDoor Price: $187,838 (up 0.31%)
- Predicted market value: $187,262
- 3-month moving average: $194,231
- Estimated monthly rent: $1,033
- Rental yield: 4.35%
- Airbnb estimate: $51 per night
- Growth rank: 7 out of 11 neighbourhoods in Morinville
- Recent value change: -4.04%
On the condo leaderboard, we're sitting 7th out of 11 - below average, but not at the bottom. Nearby Forest Glen condos are predicted at $202,813, Grandin View Point at $229,783, and Poplar Grove at $265,375. There's a real price gap between us and our neighbours, which matters if you're thinking about your next move.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that Grandin Park house values have shifted 2.17% recently, or that condo values are down 4.04%. It's working with old data.
The HonestDoor Price is updated in real time using actual sales, current listing activity, and live market signals. Right now, for houses, the HonestDoor Price sits at $336,238 - while the actual recent sale landed at $355,000. That difference is useful information. It tells you where the floor is and where buyers are actually writing cheques.
If you're making any financial decision - refinancing, listing, or just figuring out where you stand - your tax assessment is the wrong number to lean on. Check your HonestDoor Price first. It's the real-world check, not the government's best guess from last year.
The So What: Thinking About Selling This Summer?
If you own a house in Grandin Park and you're weighing a summer sale, here's the honest take. The market is a buyers' market right now - not a scary one, but a real one. Buyers are paying just under list price, and values have softened a bit. The upside is that homes are selling in 12 days, which means if you price it right, you're not sitting on the market all summer watching your listing go stale.
Pricing sharp matters more than ever. Listings are averaging $370,000, but buyers are landing at $355,000. That gap is your negotiating reality. Come in too high and you'll chase the market down. Come in tight and you could be sold before the long weekend.
For condo owners, the same logic applies - but the 4.04% recent value drop is a reason to move sooner rather than later if you've been on the fence. Waiting for values to bounce back is a gamble right now, especially with our growth rank sitting in the bottom half of the Morinville leaderboard.
Bottom line - Grandin Park is affordable, homes move fast, and rental yields for houses are genuinely strong at 5.92%. This neighbourhood has real fundamentals. But if you're selling, this summer rewards the seller who prices honestly over the one who swings for the fences.
grandin park | morinville | october 2026This 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.