If you own property in Mc Namara Industrial and you haven't checked your HonestDoor Price lately, now is the time. This neighbourhood has two very different stories depending on what you own - and the gap between them is worth paying attention to.
The average HonestDoor Price for a house here sits at $846,540. It's down a modest 1.37% from the previous period, so yes, the market is taking a breather. But here's the more useful number: the predicted market value is $858,267, and that figure is actually climbing past the 3-month moving average of $856,208. That's a signal the dip may already be flattening out.
A 5.05% rental yield is genuinely solid. For context, that means if we rented our house out tomorrow, it would generate roughly $3,759 a month. That's not a bad backup plan while we wait for values to climb further. On the neighbourhood leaderboard, houses here rank 106 out of 291 comparable Edmonton neighbourhoods for growth - comfortably in the upper half.
How does Mc Namara Industrial stack up against the neighbours? Wilson Industrial is pricier at $983,254 on average. Stone Industrial comes in just below us at $817,668. Youngstown Industrial is significantly cheaper at $412,624. We're sitting in a reasonable middle ground with better yield numbers than most.
The condo picture here is more complicated. The average HonestDoor Price is $3,757,729 - these are large-format or commercial-style condo properties, not your typical downtown unit. That price is up 0.79% from the previous period, which sounds fine. But the predicted market value has dropped to $3,728,443, which is below the 3-month moving average of $3,836,914. That's a meaningful pullback of -6.64% recently.
That Airbnb rank of 4th in all of Edmonton is eye-catching. But a rental yield of 1.37% on a $3.7 million property means the income doesn't move the needle much relative to the asset size. On the neighbourhood leaderboard, condos here rank 271 out of 302 - that's a bottom-tier growth position and condo owners should not ignore it. Nearby Stone Industrial condos average $5,123,134, so there is a higher-priced comparable market nearby, but the trend line here is pointing the wrong direction right now.
Here's the thing about Edmonton's municipal assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that house values in Mc Namara Industrial are showing a recovery signal right now, or that condo values have shifted -6.64% recently. The HonestDoor Price updates in real time using actual market data. It's the difference between checking yesterday's weather and stepping outside.
If you're a house owner here, your HonestDoor Price is likely higher than your last city assessment suggests. If you own a condo, you need the current number - not a stale one - before making any decisions. Either way, the city's number is not the one to rely on when real money is on the table.
For house owners - the timing isn't bad. Values are stabilizing after a small dip, the predicted value is nudging upward, and a 5.05% rental yield means buyers looking at this as an investment property have real incentive. You're not at the peak, but you're not in a freefall either. A summer listing with the right price could move well.
For condo owners - be honest with yourself about the numbers. A -6.64% recent change and a growth rank of 271 out of 302 means the market is not doing you any favours right now. If you need to sell, price it sharp and lean on that top-4 Airbnb ranking as a selling point for buyers who want income potential. If you can wait, watch the 3-month moving average closely over the next quarter.
Bottom line: check your HonestDoor Price today. Not next month. The market in Mc Namara Industrial is moving in two different directions depending on what you own, and knowing your real number is the first step to making a smart call.
mc namara industrial | edmonton | september 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.