Mattson, Edmonton - August 2026 Real Estate Report

Mattson, Edmonton: Your Home Is Worth Less Than the City Thinks - And That Actually Matters

The Vibe Right Now

If you've been watching the "For Sale" signs in Mattson, here's what's actually happening. The market is quiet but not dead. One house sold recently, the average sale price sits at $550,000, and price per square foot is holding at $393. That's a steady, no-drama market - not a frenzy, not a freefall.

On the ground, houses in Mattson have a predicted market value of $430,105. That number is climbing - up from a 3-month moving average of $413,155. So the direction is good. Values are moving up about 5.00% recently, which puts Mattson at rank 8 out of 292 comparable neighbourhoods in Edmonton. That's a top-performer stat. We're not just holding our own - we're outpacing most of the city.

• Average sale price (Houses): $550,000
• Price per square foot: $393
• Predicted market value: $430,105
• 3-month moving average: $413,155
• Recent value change: 5.00%
• Growth rank: 8 out of 292 Edmonton neighbourhoods
• Price rank: 103 out of 285 Edmonton neighbourhoods
• Properties sold recently: 1

The Secret Sauce - Your HonestDoor Price vs. That City Assessment

Here's the number that should get your attention. The city's average assessed value for a Mattson home is $564,859. The average HonestDoor Price is $445,434. That's a gap of over $119,000 - and the city's number is the higher one.

That matters because the city assessment is a snapshot frozen in time. It doesn't react to what buyers are actually paying right now on your street. The HonestDoor Price is a real-world check - updated regularly, pulling from actual market activity. And right now, it's telling us that Mattson homes are trading at 21.14% below what the city has on the books.

The good news? The HonestDoor Price is up 3.56% from the previous period. So while the gap exists, momentum is on our side. If you're a homeowner who hasn't looked at your HonestDoor Price lately, now is the time - before you make any decisions based on a number the city set months ago.

• Average assessed value: $564,859
• Average HonestDoor Price: $445,434
• HonestDoor Price change: up 3.56%
• Gap vs. assessed value: 21.14% lower
• 149 properties assessed in the neighbourhood this year

How Mattson Stacks Up Against the Neighbours

Mattson is the more affordable entry point compared to the neighbourhoods right next door. That's not a knock - it's actually a selling point for buyers who've been priced out of nearby areas.

• Walker: HonestDoor Price $524,379 - roughly $79,000 more than Mattson
• The Orchards At Ellerslie: HonestDoor Price $510,833 - about $65,000 more
• Summerside: HonestDoor Price $618,264 - significantly higher

For renters and investors, Mattson's estimated rent is $2,144 per month with a rental yield of 5.79%. That's a strong return. Compare that to Walker at $2,609 or Summerside at $2,919 - those neighbourhoods pull higher rents, but they also cost a lot more to buy into. The yield math in Mattson works in your favour.

The "So What?" - Thinking About Selling This Summer?

Here's the straight talk. If you're considering listing this summer, Mattson has a few things working for you. Growth is real - a top-8 ranking out of 292 Edmonton neighbourhoods is not a small thing. Values are trending up. And buyers who can't afford Walker or Summerside are going to look at Mattson as the smart alternative.

The challenge is the gap between what the city assessed your home at and what buyers will actually pay. Don't walk into a listing conversation anchored to $564,859 when the real-world number is closer to $445,434. That gap can create frustration fast if you're not prepared for it.

Check your HonestDoor Price first. Use it as your starting point for a real conversation with your agent. The market is moving in the right direction - you just want to make sure you're priced to sell, not priced to sit.

• Rental estimate: $2,144 per month
• Rental yield: 5.79%
• Airbnb estimate: $106 per night
• Total transactions in 2026 so far: 3

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.