Mactaggart, Edmonton - August 2026 Real Estate Report

Mactaggart Real Talk: Your Home Is Worth More Than the City Thinks - Or Is It?

If you live in Mactaggart and you have been quietly wondering whether your home is holding its value, here is the straight answer: it depends on what you own. Houses and condos are telling two very different stories right now, and the gap between what the city assessed your property at and what it would actually sell for today is worth paying attention to.

The Vibe: Houses vs. Condos in Mactaggart

Let us start with houses, because the numbers are genuinely interesting. The average sale price hit $1,180,000 this period - up 24.7% from last month. That is a big jump. Listings are sitting at $1,212,444 on average, and buyers are paying about 97.42% of list price, which means there is still a little room to negotiate. At $725 per square foot, we are firmly in premium territory. Properties are moving in about 58 days, which is actually faster than nearby South Terwillegar at 62 days. Only 2 houses sold this period, so take the monthly swing with a grain of salt - low volume means one deal can move the needle hard.

• Average house sale price: $1,180,000 (up 24.7% from last month)
• Average listing price: $1,212,444
• Price per square foot: $725
• Sale-to-list ratio: 97.42%
• Average days on market: 58
• Properties sold this period: 2
• Predicted market value: $983,019
• Estimated monthly rent: $4,060
• Rental yield: 4.80%

Condos are a different conversation. The average sale price came in at $281,500, down 17.1% from last month. Listings are averaging $285,000. Buyers are paying 98.64% of list, which sounds healthy, but prices are drifting lower and the 3-month moving average of $296,829 is sitting above the current predicted value of $294,226. That is the market telling us it is taking a breather. The bright spot? Condos here are selling in just 17 days on average - that is genuinely fast, and it ranks 11th out of 111 Edmonton neighbourhoods for days-on-market speed. Demand is there, even if prices are softening.

• Average condo sale price: $281,500 (down 17.1% from last month)
• Average listing price: $285,000
• Price per square foot: $297
• Sale-to-list ratio: 98.64%
• Average days on market: 17
• Properties sold this period: 2
• Predicted market value: $294,226
• Estimated monthly rent: $1,526
• Rental yield: 4.17%

The Neighbourhood Leaderboard

Here is how Mactaggart stacks up against the rest of Edmonton right now. For houses, we rank 19th out of 285 neighbourhoods on price - that puts us among the most expensive addresses in the city. Growth ranks 110th out of 292, which lands us in above-average territory. For condos, the price rank is 16th out of 218 - again, near the top. Condo growth ranks 154th out of 302, which is just below the midpoint. We are an expensive, established neighbourhood. We are not the fastest-growing, but we are not sliding either.

Compare us to the neighbours: Magrath Heights condos average $413,665 and houses sit at $931,798. South Terwillegar houses average $532,922. Whitemud Creek Ravine Twin Brooks houses come in at $593,600. Mactaggart house prices are running well above all of them. For condos, Magrath Heights is the only nearby option that costs more. If someone is priced out of Mactaggart, they are not finding a cheaper equivalent next door - they are moving further out.

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using a formula that does not know what happened on your street last Tuesday. The average assessed value for a Mactaggart house is $1,006,702. The average HonestDoor Price is $974,378 - that is 3.21% lower than the assessment, and it has shifted 0.88% in the last period. For condos, the gap is even wider: the city assessed them at $319,114 on average, but the HonestDoor Price is $292,622 - that is 8.30% below the assessment.

What does that mean for you? If you are a condo owner using your assessment to set expectations about what you could sell for, you may be overestimating by a meaningful margin. The HonestDoor Price is updated in real time using actual transaction data. It is the real-world check. Pull yours up at HonestDoor before you make any decisions - whether that is listing, refinancing, or just knowing where you stand.

The So What: Should You Sell in Mactaggart This Summer?

If you own a house in Mactaggart, the timing is genuinely interesting. Prices are up sharply, you are sitting in the top 7% of Edmonton neighbourhoods by price, and your home is moving faster than nearby competition. The catch is that only 2 houses sold this period, so the market is thin. Thin markets can spike prices fast - and they can cool just as fast. If you have been thinking about selling, this is not a moment to sit on. Get your HonestDoor Price, talk to an agent who knows this pocket, and move before the summer inventory picks up and gives buyers more options.

If you own a condo, the picture is more nuanced. Prices are softer month-over-month, and the predicted value is sitting below the 3-month average. But condos are selling in 17 days, which tells us buyers are still active. You are not in a panic situation - but you are not in a position to push the price either. Price it sharp, price it right, and it will move. Overprice it and you will sit. The HonestDoor Price of $294,226 is your anchor. Use it.

Bottom line: Mactaggart is one of Edmonton's pricier, more established neighbourhoods. Houses are showing strength. Condos are cooling slightly. Either way, your city assessment is not the number you should be making decisions on right now - your HonestDoor Price is.

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.