Lansdowne, Edmonton - August 2026 Real Estate Report

Lansdowne, Edmonton: Your House Is Worth More Than the City Thinks

If you own a home in Lansdowne and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says your home is worth around $784,203. The real-world number is closer to $832,056. That is a $47,853 gap - and it matters more than most people realize.

The Vibe: What Is Actually Happening in Our Neighbourhood

Lansdowne is a quiet achiever. We are not making headlines, but the numbers tell a solid story for homeowners. Here is the split between houses and condos, because they are living in very different markets right now.

Houses: Fast, Expensive, and Holding Firm

If you have been watching the "For Sale" signs in Lansdowne, here is what is actually happening. Houses are moving. The average sale price sits at $1,180,000, and homes are spending only 13 days on the market before going under contract. That is a days-on-market rank of 12 out of 108 neighbourhoods in Edmonton - meaning we are among the fastest-selling areas in the city.

• Average sale price: $1,180,000
• Average list price this month: $1,248,000
• Price per square foot: $599
• Sale-to-list ratio: 94.55% - buyers are negotiating, but not by much
• Average days on market: 13
• Predicted market value: $822,230
• 3-month moving average: $813,781 - values are trending up
• Recent value change: up 2.09%
• Rental yield: 5.03% - strong returns for investors
• Estimated monthly rent: $3,678

The predicted value is climbing past its 3-month average, which signals upward momentum. Our growth rank sits at 55 out of 292 Edmonton neighbourhoods - that puts us in the top 19% of the city. On price alone, Lansdowne houses rank 16 out of 285 neighbourhoods. We are in rare company there.

One thing worth noting: buyers are paying about 5.5% below list price on average. That means pricing your home right from day one is the move. Overpricing it will cost you time and leverage.

Condos: Taking a Breather

The condo picture in Lansdowne is a different story, and we should be honest about it. The average HonestDoor Price for condos is $77,984 - and it has dropped 6.26% from the previous period. The predicted market value is $83,188, but that number is actually slipping below its 3-month moving average of $84,194. Values are down 1.66% recently.

• Average HonestDoor Price: $77,984
• Predicted market value: $83,188
• 3-month moving average: $84,194 - trending down
• Recent value change: -1.66%
• Estimated monthly rent: $457
• Rental yield: 4.34% - moderate
• Growth rank: 228 out of 302 - below average for Edmonton

Compared to nearby neighbourhoods like Aspen Gardens, Brookside, and Malmo Plains - where condo HonestDoor Prices range from $157,000 to $224,000 - Lansdowne condos are priced well below the local competition. If you own a condo here, this is not a panic moment, but it is a good time to keep a close eye on your numbers.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about Edmonton's official assessments. They are calculated once a year using data that is already months old by the time it reaches your mailbox. The city says the average Lansdowne home is worth $784,203. HonestDoor's real-time estimate says $832,056 - that is 6.10% higher than the assessed value.

That gap is not a rounding error. It is nearly $48,000. If you are making any financial decision based on your tax assessment - whether that is refinancing, selling, or just understanding your net worth - you are working with a stale number. The HonestDoor Price updates continuously using actual market activity. It is the real-world check against a static government snapshot.

For Lansdowne houses specifically, that HonestDoor Price has increased 1.20% from the previous period. The market is moving. Your assessment is not keeping up.

The "So What?" - Thinking About Selling This Summer?

Lansdowne is genuinely one of the better spots to be a seller in Edmonton right now. Here is the honest breakdown of what that means for you.

• Homes are selling in 13 days on average - serious buyers are out there
• Your HonestDoor Price is $48,000 above the city's assessment - do not leave that money on the table by underpricing
• The neighbourhood has 342 assessed properties and saw 10 transactions in 2026 - inventory is tight, which generally favours sellers
• Buyers are paying 94.55% of list price - price it sharp and you will not need to negotiate much
• Nearby Brookside is priced at $1,622,516 on average - Lansdowne looks like relative value to buyers coming from that market

The rental estimate of $3,711 per month also means that if you are not ready to sell, holding the property as a rental is a legitimate option with real income behind it.

Bottom line for Lansdowne homeowners: the city's number is not your number. Check your HonestDoor Price, understand where you actually sit in the market, and make your move with the real data in hand. The summer window is open - and in a neighbourhood that ranks 16th on price out of 285 in Edmonton, you have something worth knowing about.

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.