If you own a home in Hillshire, you are sitting on something most of Sherwood Park simply cannot match. We are talking about an average HonestDoor Price of $5,365,250. That is not a typo. While the rest of us in surrounding neighbourhoods are watching prices in the $500K to $1.1M range, Hillshire is playing a completely different game.
Yes, that number has dipped 5.47% from the previous period. The market is taking a breather. But here is the thing - the predicted market value sits at $5,675,975, which is climbing above the 3-month moving average of $5,266,308. The short-term dip and the forward-looking number are pointing in opposite directions, and that tension is exactly what you need to pay attention to right now.
Here is a stat worth framing. Hillshire ranks 10 out of 51 comparable neighbourhoods in Sherwood Park for growth. Top 20% in the entire city. That is not luck - that is a neighbourhood holding its position while others flatten out.
For context, here is what the neighbours are working with:
Hillshire is not just more expensive than these areas - it is in a separate category entirely. The gap between Hillshire and the next closest neighbourhood is over $4 million. That spread matters when you are thinking about what your home is actually worth today.
Here is the honest truth. Your city assessment is a snapshot taken months ago, based on data that was already old when they collected it. It does not know about the 7.43% recent price movement in Hillshire. It does not know that your predicted value is now $5,675,975. It is a static number in a market that is anything but static.
The HonestDoor Price is updated in real time. It reflects what buyers are actually doing right now, not what a government formula calculated last fall. For a home in this price range, the difference between an outdated assessment and a current HonestDoor Price could be hundreds of thousands of dollars. That gap is your negotiating room - or your blind spot, depending on which number you are using.
If your last check-in on your home's value was your tax notice, you owe it to yourself to look at your HonestDoor Price today. The two numbers are probably not telling the same story.
If you have been thinking about listing, the data is giving you a mixed but interesting signal. The short-term dip of 5.47% means the peak of the last cycle may have just passed. But the predicted value climbing above the 3-month average suggests the market is not done moving upward.
Selling into a top-10 growth neighbourhood, with a rental yield of 3.30% and Airbnb potential of $564 per night, means buyers have multiple reasons to want what you have. This is not a one-trick-pony asset. It earns as a long-term rental, it earns short-term, and it appreciates. Buyers who do the math will see that.
The practical advice - do not wait for the next tax assessment to tell you what your home is worth. Check your HonestDoor Price, understand the gap between $5,365,250 and $5,675,975, and have a real conversation with a local agent about timing. Summer inventory in Hillshire is limited. That works in your favour if you move before the competition does.
hillshire | sherwood park | 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.