If you own a home in Lakeland Village or Jubilee Landing and you haven't checked your HonestDoor Price lately, you're probably sitting on a number that surprises you. Here's the straight story on what's happening in our corner of Sherwood Park right now.
We're in an interesting spot. The sale data shows houses moving at an average of $148,500, with listings sitting at $160,000 - that gap matters. Buyers here are paying about 92.81% of list price, which means if you're pricing your home, you need to build that discount in from the start. Properties are sitting for an average of 93 days, which is slightly longer than nearby Summerwood at 90 days. The market isn't frozen, but it's not on fire either. Call it a buyer's market that rewards smart pricing.
One thing worth noting - the days-on-market rank is 24 out of 24 in Sherwood Park. That's the honest truth. Homes here take longer to sell than anywhere else tracked in the city. That's not a reason to panic, but it is a reason to plan ahead if you're thinking about listing.
Here's where things get genuinely interesting for us as homeowners. The average HonestDoor Price in Lakeland Village and Jubilee Landing sits at $4,467,500 - up 5.21% from the previous period. The predicted market value for houses specifically comes in at $4,246,356, up from a 3-month moving average of $3,988,907. That's a 10.55% change in recent value.
Your city tax assessment? It's a snapshot from months ago, sometimes longer. It doesn't know what happened last quarter. The HonestDoor Price is updated in real time, pulling from actual transaction data and market signals. Think of your assessment as last season's weather forecast - technically based on real data, just not today's data. If you're making a financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number that reflects what's actually happening right now.
That growth rank is the stat we should all be talking about. Out of 53 comparable neighbourhoods tracked in Sherwood Park, Lakeland Village and Jubilee Landing ranks 4th for growth. Our neighbours in Emerald Hills, Summerwood, and Aspen Trails are all priced significantly lower and don't have that same growth trajectory. We're in a different tier here.
If you're thinking about listing this summer, here's the real talk. The growth story is strong - top 4 in the city is nothing to dismiss. But the days-on-market reality means you need patience and the right price from day one. Homes that sit for 93 days are usually homes that started too high and had to chase the market down.
The rental picture also gives sellers a useful alternative to consider. Estimated rent comes in at $9,832 per month with a rental yield of 3.63%. That's a moderate but real return if selling right now doesn't feel right. Airbnb potential adds another layer at roughly $489 per month in additional income - and our Airbnb rank of 13 in Sherwood Park suggests there's genuine short-term demand in this area.
Bottom line - if you're selling, price it sharp from the start and give yourself a realistic timeline. If you're holding, the growth numbers say you're in a good spot. Either way, check your HonestDoor Price before you make any move. It's the one number in this market that's actually keeping up with reality.
lakeland village & jubilee landing | sherwood park | september 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.