Lauderdale, Edmonton - October 2026 Real Estate Report
Lauderdale, Edmonton: Your Home Is Worth More Than the City Thinks
If you own a home in Lauderdale and you have not checked your HonestDoor Price lately, here is the short version: the city's assessment is running about 11% behind reality. That gap is money left on the table if you are selling, refinancing, or just trying to understand what you actually own.
The Vibe: What Is Happening in Our Neighbourhood Right Now
Lauderdale is a steady, mid-range Edmonton neighbourhood - not flashy, but not sleeping either. With 785 properties assessed and 45 transactions recorded in 2026, there is real activity here. Year-over-year growth sits at 0.11%, which is not a rocket ship, but it is consistent forward movement. Here is how houses and condos are telling two very different stories right now.
Houses - Moving Fast, Priced Right
If you have been watching the "For Sale" signs on the house side of Lauderdale, here is what is actually happening. The average sale price for houses is sitting at $385,555, and the HonestDoor predicted market value is $397,659. Properties are selling in an average of 21 days - and that days-on-market rank of 20 out of 116 Edmonton neighbourhoods means we are in the top tier for speed. Houses here do not sit.
- Average sale price: $385,555 (up 15.7% from last month)
- HonestDoor predicted value: $397,659
- Price per square foot: $362
- Average days on market: 21
- Sale-to-list ratio: 98.72% - buyers are paying very close to asking
- Estimated monthly rent: $1,995
- Rental yield: 5.86% - that is a strong return for landlords
- Growth rank: 118 out of 285 Edmonton neighbourhoods - above average
- Price rank: 224 out of 285 - below average in price, which means entry is still accessible
The rental yield of 5.86% is worth pausing on. For an investor, that is not just "okay" - that is genuinely competitive in this city. If you are renting out a house in Lauderdale, the numbers are working in your favour.
One flag worth noting: only 1 house sold last month, down 50% from the month before. That is a thin sample, so take the month-over-month price jump with some caution. The trend is positive, but one sale does not make a market.
Condos - A Different Animal Entirely
The condo picture in Lauderdale is unusual, and we should be straight about it. The HonestDoor Price for condos is averaging $1,347,368 - a number that reflects a very specific, likely high-end slice of the condo stock here. That price has dipped 5.87% from the previous period, so there is some softening at the top end.
- Average sale price: $148,000 - stable from last month
- HonestDoor predicted value: $1,431,350
- Price per square foot: $176
- Average days on market: 322 - that is a long time
- Sale-to-list ratio: 98.67%
- Estimated monthly rent: $4,647
- Rental yield: 3.29% - moderate
- Growth rank: 94 out of 297 Edmonton neighbourhoods - above average
- Days-on-market rank: 112 out of 113 - near the bottom, meaning condos here are among the slowest-selling in the city
Three hundred and twenty-two days on market is a real signal. Nearby Westwood is moving condos in 176 days by comparison. If you own a condo in Lauderdale and you need to sell, pricing strategy matters more here than almost anywhere else in Edmonton. The growth rank is solid at 94 out of 297, but slow days-on-market means patience - or a sharper list price - is required.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about the city's assessed value. It is a snapshot taken months ago, using broad formulas, applied across thousands of properties at once. The average assessed value in Lauderdale is $357,775 for houses. The average HonestDoor Price is $396,282. That is a gap of roughly $38,500.
The HonestDoor Price updates in real time, pulling from actual recent sales, current listing activity, and live market signals. It is not a government estimate built for tax purposes - it is built to reflect what a buyer would actually pay today. In a neighbourhood where houses are selling in 21 days and the sale-to-list ratio is nearly 99%, that real-world number matters.
If you are using your tax assessment to make a financial decision - whether to sell, refinance, or even just benchmark your net worth - you are working with a number that is already behind. Check your HonestDoor Price first.
The "So What?" - Thinking About Selling This Summer?
For house owners in Lauderdale, this summer looks reasonable. Homes are moving fast, the sale-to-list ratio is tight, and your HonestDoor Price is running well above the city's assessment. You are not in a bidding-war frenzy, but you are not in a slow market either. Price it right and it will move.
A few things to keep in mind before you list:
- Your HonestDoor Price of around $396,000 to $397,000 is your real starting benchmark - not the city's $357,775
- Buyers in this price range are paying close to asking, so aggressive overpricing will cost you time
- 21 days on market is fast - if your house sits longer than that, something needs adjusting
- Nearby Westwood is averaging $463,500 and Yellowhead Corridor West is at $487,250 - Lauderdale is still the more accessible entry point, which attracts motivated buyers
For condo owners, the honest advice is this: the market is slower, and 322 days on market is not a typo. If selling is the goal this summer, work with someone who knows how to price into that reality. The growth rank is above average, which means the neighbourhood is moving in the right direction - but condos here need more runway than houses do.
Bottom line: Lauderdale is a neighbourhood that rewards patience and accurate pricing. The city's assessment is not your friend when it comes to knowing what your home is actually worth. Your HonestDoor Price is.
lauderdale | edmonton | 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.