Logy Bay Road South, St. John's - August 2026 Real Estate Report

Logy Bay Road South, St. John's: What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you live on Logy Bay Road South and you haven't checked your home's value lately, now is the time to pay attention. The market here is sending mixed signals depending on what type of property you own - and the difference between houses and condos right now is pretty striking.

Houses: Holding Steady, But Watch the Trend

For us house owners on Logy Bay Road South, the average HonestDoor Price sits at $370,524 - up a modest 0.32% from the previous period. That sounds fine on the surface, but dig a little deeper and the picture gets more interesting. The 3-month predicted value is tracking at $369,331, which is actually down from the 3-month moving average of $374,097. In plain terms, house values here have dipped about 3.06% recently.

• Average HonestDoor Price: $370,524
• 3-Month Predicted Value: $369,331
• Recent Value Change: -3.06%
• Estimated Monthly Rent: $1,938 - $1,944
• Rental Yield: 5.88% (that is a strong return)
• Airbnb Estimate: $96 per night
• Neighbourhood Growth Rank: 57 out of 92 in St. John's

That 5.88% rental yield is the number we should all be talking about. If you are holding a house here as a rental, you are doing better than a lot of neighbourhoods in this city. On the neighbourhood leaderboard, though, houses rank 57 out of 92 - that puts us in the below-average tier for growth right now. The market is taking a breather.

Compare that to nearby Portugal Cove Road South at $546,639 or Empire Avenue East at $501,899, and Logy Bay Road South houses are priced more accessibly. That gap could actually work in your favour if buyers are being priced out of those streets.

Condos: A Different Story Entirely

Here is where things get genuinely interesting for us condo owners. The average HonestDoor Price for condos is $361,963 - up 9.37% from the previous period. The 3-month predicted value is $330,954, and it is climbing - up from a moving average of $312,870. That is a 29.61% recent change in predicted value. That is not a typo.

• Average HonestDoor Price: $361,963
• 3-Month Predicted Value: $330,954
• Recent Value Change: +29.61%
• Estimated Monthly Rent: $1,682 - $1,825
• Rental Yield: 4.11% (moderate, but respectable)
• Airbnb Estimate: $91 per night
• Neighbourhood Growth Rank: 54 out of 94 in St. John's

On the condo leaderboard, we sit at 54 out of 94 - below average for growth, yes, but the momentum in the predicted value is pointing upward. Compared to nearby condos in Empire Avenue East ($336,600), Berteau Avenue ($248,036), and Portugal Cove Road South ($318,330), Logy Bay Road South condos are actually priced above all of them. We are the priciest condo option in this immediate area right now.

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

Here is the honest truth. Your city tax assessment is a snapshot from the past. It is calculated on data that can be 12 to 24 months old by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual market signals - recent sales, demand shifts, neighbourhood comparisons. It is the real-world check that tells you what a buyer would actually pay today, not what the city thought your home was worth last year.

For condo owners especially, that gap matters right now. If your assessment was set before that 9.37% price increase, you could be sitting on more equity than you realize. Knowing your real number is not just satisfying - it changes the conversation when you talk to a lender, a buyer, or even your own financial planner.

The So What - Should You Sell This Summer?

If you own a house here and you are thinking about listing this summer, the honest answer is: do not wait too long. Values have slipped 3.06% recently and the growth rank of 57 out of 92 tells us this is not a neighbourhood on a hot streak right now. That does not mean you cannot get a good price - it means you want to move while the HonestDoor Price is still in your corner, not after another quarter of softening.

If you own a condo, the momentum is actually building. The predicted value is rising and you are already priced above every comparable neighbourhood nearby. A summer listing could catch buyers who got priced out of those other streets and are now looking your way.

Either way, the first step is the same - pull your HonestDoor Price today and see where you actually stand. Not where the city said you stood last year. Right now.

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.