If you own property in Mc Namara Industrial and you haven't checked your HonestDoor Price lately, now is the time. This neighbourhood is telling two very different stories depending on what you own - and both are worth paying attention to.
Let's be straight with each other. House values here are taking a small breather. The average HonestDoor Price for a house sits at $858,267, up a modest 0.63% from last period. But the predicted market value of $852,870 is running below the 3-month moving average of $873,894, which tells us the short-term momentum has softened a bit.
That 5.05% rental yield is the number we should be talking about. For anyone holding a house here as an investment, that is a strong return. It means the rent covers serious ground relative to what the property is worth. On the growth leaderboard though, sitting at 215 out of 292 Edmonton neighbourhoods puts us in below-average territory for appreciation right now. Not a crisis - just a reality check.
How do we stack up against the neighbours? Wilson Industrial houses average $997,298, so they are running notably higher. Youngstown Industrial comes in at $423,841 - well below us. Stone Industrial is close at $822,353. We are sitting in a solid middle ground.
Here is where things get interesting. Mc Namara Industrial condos are punching well above average. The predicted market value is $3,993,671, which is actually climbing above the 3-month moving average of $3,839,276. That is upward momentum you can feel.
A growth rank of 25 out of 302 Edmonton neighbourhoods puts condo owners here in the top tier of the city leaderboard. That 5.41% recent value increase is real movement. The Airbnb rank of 8th in Edmonton is also a standout number - if you own a condo here and you are not at least thinking about short-term rental income, that is a conversation worth having.
The rental yield of 1.31% is moderate, which is typical for higher-value commercial or industrial-style condo assets. Nearby, Stone Industrial condos average $5,176,694 and Wilson Industrial sits at $4,050,743 - so we are in competitive company at this price point.
Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know what happened in the market last quarter. It does not adjust for what buyers are actually paying on your street right now.
The HonestDoor Price is updated in real time. It pulls in current sales data, market shifts, and neighbourhood trends as they happen. For house owners in Mc Namara Industrial, that means knowing your value is closer to $852,870 right now - not whatever number the city mailed you in January. For condo owners, the gap between the static assessment and the real-world number could be even larger given that 5.41% recent swing.
Relying on your tax assessment to make a selling decision is like checking last year's weather forecast before heading out today. Use the HonestDoor Price as your real-world check.
If you own a house here, the honest advice is this: the market is not racing ahead right now, but a $858,267 average price with a 5.05% rental yield means demand is real. Buyers who want income-producing properties are paying attention to Mc Namara Industrial. Price it right and you will find them. Price it based on an old assessment and you might sit longer than you want to.
If you own a condo here, summer 2025 looks more interesting. Values are trending up, the growth rank is strong, and that Airbnb ranking of 8th in Edmonton signals genuine demand from multiple buyer types - investors, operators, and owner-users alike. A 5.41% recent gain is the kind of number that gets buyers off the fence.
Either way, the first step is the same - pull your HonestDoor Price today and see where you actually stand before you call an agent or set a list price. That number is your starting point, not the city's paperwork.
mc namara industrial | edmonton | august 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.