If you own a home in Lansdowne and you have not checked your HonestDoor Price lately, this is your sign. The market is moving - not dramatically, but enough that the number on your tax assessment is almost certainly out of step with what your property is actually worth right now. Here is the real picture.
We are seeing two different stories play out on the same streets, so it is worth breaking them down separately.
Yes, the HonestDoor Price dipped 2.15% recently. But here is the thing - the predicted value of $668,033 is sitting above the 3-month moving average of $662,523. That means houses in Lansdowne are showing early signs of recovery. The market is taking a breather, not falling apart. A growth rank of 5 out of 24 in Peterborough is genuinely strong. We are punching above our weight compared to most neighbourhoods in this city.
The rental story is also worth noting. A 5.32% yield is not something you see everywhere. If you are an investor or thinking about renting before you sell, that number matters.
Condo owners, we need to be straight with you. A 5.88% drop and a predicted value that is sliding below the 3-month moving average tells us the condo segment is under real pressure right now. A growth rank of 13 out of 22 puts us in below-average territory. That does not mean panic - but it does mean waiting around hoping things improve on their own is not a strategy. The Airbnb rank of 4th in Peterborough is a bright spot, especially for anyone considering a short-term rental approach.
Here is the honest truth about government assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved on. In a neighbourhood like Lansdowne, where house values are shifting month to month and condos are seeing meaningful corrections, a static assessment can leave you making decisions based on stale data.
The HonestDoor Price is updated in real time. It reflects what buyers are actually paying right now, not what they were paying two or three years ago. For houses, that gap between the predicted value of $668,033 and a potentially outdated assessment could represent tens of thousands of dollars in equity you did not know you had - or thought you had. For condo owners, knowing the real current number means you can price strategically instead of getting caught off guard at listing time.
Check your HonestDoor Price before you talk to an agent. Walk into that conversation knowing your number.
If you own a house in Lansdowne, the case for listing this summer is reasonable. The growth rank of 5 out of 24 tells us buyers still see value here compared to most of Peterborough. The predicted value is trending upward above the moving average. Compare that to nearby Sir Sandford Fleming at $821,469 or Major Bennett at $691,095 - Lansdowne is still seen as accessible, which drives buyer interest.
If you own a condo, the calculus is different. With values sliding below the 3-month average and a below-average growth rank, sitting on the sidelines hoping for a rebound carries real risk. If you need to sell, pricing sharp and moving quickly is smarter than waiting. If you can hold, the Airbnb ranking of 4th in Peterborough suggests there is short-term income potential worth exploring while you watch the market.
Either way, the first step is the same - get your current HonestDoor Price, compare it to what your neighbours are listing at, and make a decision based on real numbers. That is the only way to play this market well.
lansdowne | peterborough | 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.