Lansdowne, Edmonton - September 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 HonestDoor Price says $808,996. That is a gap of over $24,000 - and that difference matters when you are deciding whether to list, refinance, or just figure out where you actually stand.

The Vibe: What Is Happening With Houses vs. Condos

Lansdowne is a split story right now, and we think it is worth being straight about both sides.

On the house side, things are holding up well. The predicted market value for a Lansdowne house sits at $832,056, up from the 3-month moving average of $819,903. Homes that sold recently went for an average of $1,180,000, and they moved in just 13 days on average. That days-on-market rank is 12 out of 112 comparable neighbourhoods in Edmonton - meaning our houses are among the fastest-selling in the city. Price rank is 14 out of 285. We are in the top tier for home values in Edmonton, full stop.

• Average house sale price: $1,180,000
• Current average listing price: $1,248,000
• Price per square foot: $599
• Homes selling at 94.55% of list price - buyers have some room to negotiate
• Average days on market: 13
• Predicted market value: $832,056
• Estimated monthly rent: $3,711
• Rental yield: 5.01%
• House growth rank: 72 out of 291 neighbourhoods - above average in Edmonton

The condo side is a different conversation. We are not going to sugarcoat it. The average HonestDoor Price for a Lansdowne condo is $77,355, down 0.81% from last period. The predicted value of $77,984 is actually trending below the 3-month moving average of $81,922, and recent value change sits at -6.26%. The growth rank for condos here is 266 out of 302 - that puts Lansdowne condos among the bottom performers in Edmonton right now. Nearby neighbourhoods like Aspen Gardens, Brookside, and Malmo Plains are all priced significantly higher for condos. If you own a condo in Lansdowne, this is a moment to pay close attention.

• Average condo HonestDoor Price: $77,355
• Predicted condo value: $77,984
• 3-month moving average: $81,922 - values are dipping below trend
• Recent value change: -6.26%
• Estimated monthly rent: $429
• Rental yield: 4.35%
• Condo growth rank: 266 out of 302 - worth watching closely

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

Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is already old by the time it lands in your mailbox. It does not know what sold on your street last week. It does not adjust for what buyers are actually paying right now.

The HonestDoor Price is updated in real time. For Lansdowne houses, it is already running 3.16% higher than the average city assessment across Edmonton. That is not a small rounding error - that is real money. If you are using your assessment to make any kind of financial decision, you are working with a number that the market has already moved past.

Think of the HonestDoor Price as the real-world check. It is what a buyer would likely offer, not what a government formula calculated six months ago.

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

If you own a house in Lansdowne and you are thinking about listing this summer, the data is pointing in your favour - with one honest caveat.

The fast days-on-market number (13 days average) tells us that serious buyers are out there and they are moving quickly when they find the right property. Being ranked 14th out of 285 neighbourhoods for price means Lansdowne carries real weight in Edmonton's upper tier. That is a strong position to list from.

The caveat is that homes are selling at about 94.55% of list price right now. This is a stable buyers' market - not a frenzy. Buyers have a little leverage. Pricing your home sharp from day one matters more than ever. Overpricing and chasing the market down is a strategy that costs sellers both time and money.

With only 14 property transactions recorded in 2026 so far across 342 assessed properties, inventory is tight. Tight inventory with fast-moving buyers is generally a good combination if you are a seller who prices honestly.

For condo owners, the honest advice is to check your HonestDoor Price now and have a real conversation about timing. With values trending below their 3-month average and a growth rank near the bottom of the Edmonton leaderboard, waiting for the market to come to you may not be the right call.

Bottom line: Lansdowne is one of Edmonton's pricier neighbourhoods for a reason. Houses here are holding strong. But knowing your real number - not the city's old number - is the starting point for any smart move you make this summer.

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.