Larose Place, Morinville - October 2026 Real Estate Report
Larose Place, Morinville: Your Neighbour-to-Neighbour Market Update
The Vibe Right Now
If you've been watching the "For Sale" signs on your street, here's what's actually happening. Larose Place is holding its own in Morinville, but the market is taking a breather. Houses are selling, condos are moving, and the numbers tell two pretty different stories depending on what you own.
Houses - Steady, But Watch the Drift
We're sitting at an average sale price of $455,000 for houses, with listings coming in around $459,900. That gap is small, but it matters - buyers are landing deals at about 98.93% of list price, which means if you're pricing your home, you need to be sharp. Overpriced listings are getting ignored.
- Average sale price: $455,000
- Average list price: $459,900
- Price per square foot: $298
- Average days on market: 16 days
- Sale-to-list ratio: 98.93%
- Estimated rent: $2,149 per month
- Rental yield: 5.78%
Sixteen days on market is decent, but West Willow is moving homes in 13 days right now. That three-day difference is a signal - our houses need to be priced right and presented well to compete. On the neighbourhood leaderboard, Larose Place houses rank 7 out of 14 for growth in Morinville, which puts us in the above-average half. Not the top of the pack, but not the bottom either. For rental investors, a 5.78% yield is genuinely strong - that's real money coming back every month.
Condos - A Tougher Story
We'll be straight with you here. The condo side of Larose Place is under more pressure. The average sale price is $156,000, and the HonestDoor Price has slipped 1.20% recently, with the predicted market value trending down to $104,059 against a 3-month average of $110,859. That's a meaningful gap moving in the wrong direction.
- Average sale price: $156,000
- Average list price: $159,999
- Price per square foot: $145
- Average days on market: 13 days
- Sale-to-list ratio: 97.50%
- Estimated rent: $572 per month
- Rental yield: 4.35%
On the neighbourhood leaderboard, Larose Place condos rank 9 out of 11 for growth in Morinville. That puts us near the bottom of the pack compared to other condo markets in town. Every nearby neighbourhood - West Willow, Classy Corner, Poplar Grove - is priced higher. If you own a condo here and are thinking about your next move, timing matters more than it does for house owners right now.
The Secret Sauce - Why Your HonestDoor Price Beats Waiting for Your Tax Assessment
Here's the thing about your city assessment: it's a snapshot from months ago, sometimes longer. It doesn't know that house values in Larose Place have shifted by -0.53% recently, or that the condo market has moved -6.41%. Your tax assessment is essentially a history book. The HonestDoor Price is updated in real time, pulling from actual sales and current market signals.
For houses, the HonestDoor Price is sitting at $401,912. For condos, it's $102,814. These numbers reflect what's happening on the ground right now - not what happened last year when the city did its paperwork. If you're making any financial decision tied to your home's value - refinancing, selling, or just knowing where you stand - the HonestDoor Price is the number to use. Think of it as the real-world check that your assessment simply can't give you.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Larose Place and you're considering listing this summer, the window is open but it's not wide open. Buyers are active, homes are selling in about two weeks, and the rental yield story gives investors a real reason to look at your property. Price it right from day one - the 98.93% sale-to-list ratio tells you that buyers are not paying over ask right now. Come in sharp, not hopeful.
If you own a condo, the honest advice is to move sooner rather than later. Values are drifting down, nearby neighbourhoods are priced higher, and the growth rank of 9 out of 11 means momentum is not on your side heading into the fall. A well-priced condo at $156,000 to $159,999 can still sell in 13 days - that's actually fast. But waiting for the market to recover here is a gamble.
Either way, pull your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real number - not the one the city calculated before your neighbour's house sold last spring.
larose place | morinville | 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.