Lakeland Village & Jubilee Landing, Sherwood Park - October 2026 Real Estate Report
Lakeland Village and Jubilee Landing, Sherwood Park: What Your Neighbours Are Not Telling You
The Vibe Right Now
If you have been watching the "For Sale" signs around Lakeland Village and Jubilee Landing, here is what is actually happening. This is a quiet corner of Sherwood Park - and the numbers back that up. Only 1 house sold in 2026 so far, and it sat on the market for 93 days before finding a buyer. For context, nearby Summerwood is moving homes in 64 days. That gap matters.
The average sale price for houses came in at $148,500, with listings sitting at $160,000. Buyers are paying about 92.81% of asking price - meaning sellers are giving ground to close deals. We are firmly in buyers' market territory here. If you are a buyer, you have leverage. If you are a seller, you need to price sharp from day one.
- Average sale price (Houses): $148,500
- Average list price: $160,000
- Price per square foot: $105
- Sale-to-list ratio: 92.81% - buyers are winning negotiations
- Average days on market: 93 days
- Nearby Summerwood average: 64 days - a noticeable difference
The Neighbourhood Leaderboard
Here is where things get interesting for us as homeowners. On growth, Lakeland Village and Jubilee Landing ranks 13 out of 51 neighbourhoods in Sherwood Park. That puts us in the above-average tier - better than most of the city when it comes to value movement. Property values have shifted 5.21% recently, and the predicted market value for houses sits at $4,467,500, up from the 3-month moving average of $4,184,956.
The flip side? Days-on-market ranks 21 out of 24. That is near the bottom. Homes here take longer to sell than almost anywhere else in Sherwood Park. And on price, we rank 32 out of 32 - the most affordable end of the market. That combination tells a clear story: this neighbourhood offers value and growth potential, but sellers need patience and a smart strategy.
- Growth rank: 13 out of 51 in Sherwood Park - above average
- Days-on-market rank: 21 out of 24 - slow-moving inventory
- Price rank: 32 out of 32 - most affordable tier in Sherwood Park
- Airbnb rank: 13 in Sherwood Park - solid short-term rental potential
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment: it is a snapshot from months ago, built on broad formulas, not your actual street. The HonestDoor Price is a real-time check on what your home is worth right now - not what a government spreadsheet guessed last year.
In Lakeland Village and Jubilee Landing, the average HonestDoor Price is $4,184,700. Yes, that is down 6.33% from the previous period - and that is exactly why you want to know this number today, not six months from now. If your assessment is still reflecting older, higher values, you could be paying more in property taxes than you should. Flip side: if you are thinking about selling or refinancing, you need a current number, not a stale one.
The predicted market value for houses is sitting at $4,467,500 right now, which is tracking above the 3-month average. That upward movement in the forecast is worth paying attention to. Pair that with a rental estimate of $10,068 per month and a 3.60% rental yield, and you have real data to work with - whether you are holding, selling, or considering a rental strategy.
- HonestDoor Price: $4,184,700 (down 6.33% from previous period)
- Predicted market value (Houses): $4,467,500
- 3-month moving average: $4,184,956
- Estimated monthly rent: $10,068
- Rental yield: 3.60%
- Airbnb income potential: $499 per month
The So What - Thinking About Selling This Summer?
Straight talk: this is not a market where you can list high and wait. With homes sitting for 93 days on average and buyers consistently paying below asking, overpricing will cost you time and money. The sale-to-list ratio of 92.81% means if you list at $160,000, expect offers closer to $148,500. That is not a surprise - that is just the current reality here.
The good news is that growth rank of 13 out of 51 tells us this neighbourhood is not standing still. Values are moving in the right direction in the forecast. If you can hold, the predicted value trajectory looks positive. If you need to sell this summer, price it right from day one, because buyers here know they have options and time on their side.
Check your HonestDoor Price before you do anything else. It is the fastest way to see where you actually stand - not where the city thinks you stood last year. Nearby neighbourhoods like Emerald Hills ($569,782), Summerwood ($626,011), and Aspen Trails ($673,105) are all priced well below the HonestDoor Price here, which signals that Lakeland Village and Jubilee Landing is playing in a different tier entirely. Know your number. Then make your move.
lakeland village & jubilee landing | 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.