Lansdowne, Peterborough - August 2026 Real Estate Report

Lansdowne, Peterborough: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a place in Lansdowne and you haven't checked your HonestDoor Price lately, now is the time. The market here is sending mixed signals depending on what you own - and the gap between property types is worth paying attention to.

Houses: Taking a Breather

Let's be straight with you. Houses in Lansdowne are feeling some pressure right now. The predicted market value sits at $658,646, and that number is sliding - it's down from a 3-month moving average of $677,965. Recent price movement is sitting at -4.03%, which puts us at rank 21 out of 25 neighbourhoods in Peterborough for growth. That's near the bottom of the leaderboard, no sugarcoating it.

But here's the flip side. If you're a landlord or thinking about becoming one, houses are still pulling serious rental weight.

• Average HonestDoor Price: $661,434 (up 0.42% from last period)
• Predicted market value: $658,646
• 3-month moving average: $677,965
• Estimated rent: $3,123 - $3,133 per month
• Rental yield: 5.34% - that's a strong return
• Airbnb potential: around $155 - $156 per night
• Airbnb rank in Peterborough: 11 out of 25
• Growth rank: 21 out of 25 neighbourhoods

A 5.34% rental yield is genuinely solid. For context, that means if you rented your house out today, the income stacks up well against what you paid for it. The short-term rental game is decent too - Lansdowne sits mid-pack in Peterborough for Airbnb potential.

Condos: A Different Story

Condo owners, we have some more interesting news for you. While the average HonestDoor Price dipped 3.66% to $642,841, the predicted market value is actually climbing - sitting at $667,269 and trending above the 3-month moving average of $643,099. Recent price change is up 4.75%, ranking us 16 out of 22 comparable neighbourhoods. Below average, yes, but moving in the right direction.

• Average HonestDoor Price: $642,841 (down 3.66% from last period)
• Predicted market value: $667,269
• 3-month moving average: $643,099
• Estimated rent: $3,106 - $3,198 per month
• Rental yield: 3.51% - moderate but steady
• Airbnb potential: around $154 - $159 per night
• Airbnb rank in Peterborough: 5 out of 22 - top quarter of the city
• Growth rank: 16 out of 22 neighbourhoods

That Airbnb rank of 5 for condos is the real headline here. If you own a condo in Lansdowne and you're not at least thinking about short-term rental income, you're leaving money on the table compared to most of Peterborough.

How We Stack Up Against the Neighbours

For houses, Sir Sandford Fleming is the priciest nearby option at $813,475, and Major Bennett sits at $716,602. We're more affordable than both at $661,434 - which makes Lansdowne an entry point into a solid part of the city. Greenhill comes in cheaper at $637,927.

For condos, Lansdowne is actually the most expensive of the four neighbourhoods compared. Major Bennett condos average $368,361, Greenhill $445,660, and Sir Sandford Fleming $572,601. Our $642,841 average puts us at the top of that local condo leaderboard.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to prices last quarter, last month, or last week. The HonestDoor Price is updated in real time using actual market data. Right now, for houses, there's a gap between the HonestDoor Price of $661,434 and the predicted market value of $658,646. For condos, that gap is even more interesting - the predicted value of $667,269 is running ahead of the HonestDoor average of $642,841.

If your tax assessment is the old map, the HonestDoor Price is the GPS. One tells you where the market was. The other tells you where it is right now. That difference can mean tens of thousands of dollars when you're making a real decision.

The So What - Should You Sell This Summer?

If you own a house in Lansdowne and you're thinking about selling, the honest answer is: don't wait for the market to come back to you. With a growth rank of 21 out of 25 and prices sliding from the 3-month average, the window of peak value may already be behind us for now. Listing sooner rather than later gives you more control over the conversation with buyers.

If you own a condo, the picture is a bit brighter. Values are trending up from the moving average, and you're sitting in the top quarter of Peterborough for Airbnb appeal. You have options - sell into a recovering condo market, or hold and earn. Either way, knowing your real number right now is step one.

Check your HonestDoor Price before you call an agent. Walk into that conversation knowing what your home is actually worth today - not what the city guessed two years ago.

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.