If you own a home in Hudson and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment is one number. What buyers are actually paying is another. Right now in Hudson, those two numbers are telling very different stories - and the gap matters.
If you have been watching the "For Sale" signs in Hudson, here is what is actually happening. Houses are selling at an average of $594,833 - up 2.6% from last month. That is real money moving through our neighbourhood. But homes are sitting on the market for about 34 days on average, which is longer than nearby Pembina at 22 days. The market is not stalling, but it is not sprinting either.
The 5.56% rental yield is the number we should all be paying attention to. For anyone thinking about holding rather than selling, that is a solid return. Airbnb potential sits around $133 per month - not a game-changer, but a nice cushion. Hudson ranks 170th in Edmonton for Airbnb potential, so this is not a short-term rental hotspot, but the long-term rental story is genuinely strong.
On the neighbourhood leaderboard, Hudson houses rank 209 out of 302 for growth. That puts us in the below-average tier for Edmonton right now. Wellington next door is growing faster at 0.14% year over year, and Cumberland is matching our 0.05% pace. We are not leading the pack, but we are holding steady in a market where a lot of neighbourhoods are wobbling.
The condo picture in Hudson is a different story. Only 1 condo sold this month, and the average days on market hit 175 days. That is a long time to wait. The days-on-market rank is 94 out of 108 - which puts Hudson condos among the slowest-selling in the city. If you are a condo owner thinking about listing, patience is not optional right now - it is the strategy.
Here is the silver lining for condo owners. The predicted value of $187,408 is actually creeping upward compared to the 3-month moving average. And on the neighbourhood leaderboard, Hudson condos rank 113 out of 296 for growth - that is above average for Edmonton. The market is slow, but it is not sliding. Nearby Cumberland condos are selling at $192,500 on average, so we are in the same ballpark.
Here is the thing about Edmonton's official property assessment. It is a snapshot from months ago, calculated using broad formulas. It does not know what sold on your block last week. It does not adjust for what buyers are actually willing to pay right now.
For Hudson houses, the city's average assessed value is $524,994. The average HonestDoor Price is $546,224. That is a $21,230 gap - and it has moved up 1.43% from the previous period. The HonestDoor Price is 4.04% higher than the city's average assessed value. If you are pricing a home based on your tax assessment alone, you are starting the conversation too low.
For condos, the story flips slightly. The average assessed value is $186,116, but the HonestDoor Price sits at $183,776 - down 1.94% from the previous period and 1.26% below the city's assessed value. That tells us the condo market in Hudson has softened a little from where the city pegged it. Knowing that before you list is the difference between a realistic price and a listing that sits for 175 days.
The HonestDoor Price is updated in real time using actual transaction data. It is the real-world check against a static government number. Check it before you call an agent, before you refinance, and definitely before you accept an offer.
If you own a house in Hudson and you are thinking about selling this summer, the timing has some real upside. Prices are above Edmonton's average, the HonestDoor Price is running ahead of the city's assessment, and buyers are paying 98% of list - which means negotiation room exists but deals are still getting done. The 34-day average time on market means you are not going to sell overnight, so pricing it right from day one matters more than ever.
For condo owners, summer 2025 is a tougher call. One sale per month and 175 days on market means competition is low but so is buyer urgency. If you need to sell, price aggressively and lean on the rental yield story - $1,023 per month in estimated rent and a 4.32% yield gives an investor-buyer a real reason to act. If you can wait, the predicted value trend is pointing upward.
Either way, the first step is the same. Pull your HonestDoor Price today. Not your tax assessment. Not what your neighbour thinks their place is worth. The real number, based on what is actually happening in Hudson right now. That is where the conversation starts.
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.