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    Mcgee Rd. North Area, Gander - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Gander, Mcgee Rd. North Area

    Mcgee Rd. North Area, Gander: Your Neighbour Just Asked "Should I Sell?" - Here's the Real Answer

    The Vibe Right Now

    If you live on Mcgee Rd. North, the market story depends a lot on what you own. Houses and condos are telling two very different stories this season, and knowing which one applies to you could be worth tens of thousands of dollars.

    Houses: Holding Steady, But Watch the Trend

    House owners, here is where we stand. The average HonestDoor Price for a house in our neighbourhood is $407,782 - up 1.20% from the previous period. That is a positive sign. But the short-term predicted value sits at $402,966, which is slightly below the 3-month moving average of $410,778. In plain terms, the recent momentum has dipped a little.

    On the neighbourhood leaderboard, houses in Mcgee Rd. North rank 8 out of 12 for growth in Gander. That puts us in below-average territory for now. Not a crisis, but not a reason to wait around either.

    The rental picture is strong though. If you were ever thinking about holding your house as an income property, the estimated rent of $2,094 per month delivers a rental yield of 5.82%. That is a number worth paying attention to.

    • Average HonestDoor Price (Houses): $407,782
    • Recent price change: up 1.20%
    • Predicted value: $402,966
    • 3-month moving average: $410,778
    • Estimated monthly rent: $2,094
    • Rental yield: 5.82%
    • Airbnb estimate: $105 per night - ranked 2nd in Gander
    • Growth rank: 8 out of 12 in Gander

    Condos: The Quiet Overachiever on Our Street

    Condo owners, we have something worth celebrating. Yes, the average HonestDoor Price dipped 5.30% to $389,014 over the previous period. That sounds rough on paper. But the predicted value has climbed to $410,781 - above the 3-month moving average of $407,125. The recent value change is up 10.49%. That is a serious bounce-back.

    On the neighbourhood leaderboard, condos in Mcgee Rd. North rank 1 out of 11 in Gander for growth. Number one. That is not a small thing. It means our condos are outpacing every comparable neighbourhood in the city right now.

    • Average HonestDoor Price (Condos): $389,014
    • Recent price change: down 5.30%
    • Predicted value: $410,781
    • 3-month moving average: $407,125
    • Recent value change: up 10.49%
    • Estimated monthly rent: $2,142
    • Rental yield: 4.01%
    • Airbnb estimate: $101 per night - ranked 7th in Gander
    • Growth rank: 1 out of 11 in Gander

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

    Here is the thing about your city assessment - it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling in actual sales data and current market signals. It is the difference between checking yesterday's weather and looking out the window right now.

    For Mcgee Rd. North homeowners specifically, this gap matters. A house assessed at one value by the city could have a HonestDoor Price of $407,782 - or a condo predicted at $410,781 while the city's number still reflects last year's slower market. If you are making any financial decision - refinancing, selling, or just curious what you actually own - the HonestDoor Price is your real-world check.

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

    If you own a condo in Mcgee Rd. North, the timing conversation is genuinely interesting. You are sitting in the top-ranked growth neighbourhood in Gander right now. Buyers looking at nearby options like Corrigan Street Area or Mccurdy Drive Area are finding prices in the same range - but your growth momentum is stronger. That is a real selling point.

    If you own a house, the picture is more nuanced. The market is taking a breather on the short-term trend, and an 8-out-of-12 growth rank means we are not leading the pack. That does not mean do not sell - it means price it right and do not assume the market will do the work for you. The Airbnb rank of 2nd in Gander is a useful angle if your buyer is investor-minded.

    Either way, the smartest first move is checking your HonestDoor Price today - not waiting for the city to tell you what your home was worth six months ago.

    mcgee rd. north area | gander | august 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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