HonestDoor

    Lorraine, Bois-Des-Filion - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Bois-Des-Filion, Lorraine

    Lorraine Real Estate Right Now: Your Neighbour Isn't Telling You This

    If you own a home in Lorraine and you're still relying on your last municipal assessment to know what your place is worth, you're working with old news. Here's what the numbers actually look like today.

    The Vibe: Houses vs. Condos in Lorraine

    Let's break down what's happening for us here in Lorraine, because houses and condos are telling two very different stories right now.

    Houses

    The average sale price for a house in Lorraine is sitting at $650,000, and the market is holding steady - no big swings up or down. At $333 per square foot, we're in reasonable territory for the area.

    The HonestDoor Price for houses in the Bois-Des-Filion area is $735,089 - up 5.55% from the previous period. That's a real signal worth paying attention to. The predicted market value for Lorraine houses comes in at $823,379, which is slightly off the 3-month moving average of $828,030. Values have dipped -1.99% recently, so the market is taking a breather - but it's not falling apart.

    • Average sale price: $650,000
    • Price per square foot: $333
    • HonestDoor Price (Bois-Des-Filion area): $735,089 - up 5.55%
    • Predicted market value: $823,379
    • Estimated monthly rent: $3,622
    • Rental yield: 5.06% - that's a strong return
    • Airbnb income potential: $180 per month
    • Neighbourhood growth rank: 1 out of 1 comparable areas

    One sale last month. Low volume like that means each transaction carries a lot of weight. One strong sale can move the needle significantly for everyone on the street.

    Condos

    Condos are a different picture. The HonestDoor Price for condos in the Bois-Des-Filion area is $441,149, which has slipped 5.86% from the previous period. That's a notable drop and worth watching if you own a condo here.

    The predicted market value for Lorraine condos is $613,406, just under the 3-month moving average of $616,454. Values are down -0.78% recently - a softer dip than houses, but still a downward move. For context, nearby Quartier Cote-Saint-Louis condos are predicted at $667,765, so we're running a bit below that benchmark.

    • HonestDoor Price (Bois-Des-Filion area): $441,149 - down 5.86%
    • Predicted market value: $613,406
    • Estimated monthly rent: $2,910
    • Rental yield: 3.63% - moderate, but still positive
    • Airbnb income potential: $145 per month
    • Airbnb rank in Bois-Des-Filion: 1
    • Neighbourhood growth rank: 1 out of 1 comparable areas

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

    Here's the thing about municipal assessments - they're a snapshot from the past. The city rolls them out on a cycle, and by the time that number lands in your mailbox, the market has already moved on.

    The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government formula that's already 12 to 24 months behind. For Lorraine house owners, that gap between the assessed value and the HonestDoor Price of $735,089 - or the predicted value of $823,379 - could represent tens of thousands of dollars you didn't know you had. Or in the condo market right now, it's a real-world check that tells you the market has softened before you make a move based on stale numbers.

    Knowing your real number isn't just satisfying - it's the difference between pricing your home right and leaving money on the table, or worse, pricing it wrong and sitting on the market too long.

    The So What: Thinking About Selling This Summer?

    If you own a house in Lorraine and you're considering listing this summer, the window is real but it requires a sharp strategy. The predicted value of $823,379 is above the recent average sale price of $650,000 - that gap tells you there's upside, but you need to price it correctly to capture it. With only one sale recorded last month, competition is low, which can work in your favour if you position well.

    For condo owners, the honest advice is this - the 5.86% drop in the HonestDoor Price is a flag. It doesn't mean panic, but it does mean that waiting another six months hoping for a rebound carries real risk. If you're thinking about selling, sooner is likely better than later in the condo segment.

    For anyone thinking about renting instead of selling, a 5.06% rental yield on a house is genuinely strong. At $3,622 per month in estimated rent, holding the property as an income asset is a legitimate option worth running the numbers on.

    Bottom line - check your HonestDoor Price today. It takes two minutes and it gives you the real-world number, not the government's best guess from two years ago. That's the number you want in your back pocket before you make any decision this summer.

    lorraine | bois-des-filion | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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