Mclean Lake, Whitehorse - October 2026 Real Estate Report
Mclean Lake Real Talk: Prices Are Sliding - Here Is What You Need to Know Before Summer
The Vibe Right Now
If you have been watching the "For Sale" signs in Mclean Lake, here is what is actually happening. The average HonestDoor Price sits at $720,100 - up a tiny 0.17% from last period. That sounds fine on the surface. But dig one layer deeper and the picture gets more interesting for us locals.
The predicted market value for houses here is $718,900. The catch? That number is down sharply from the 3-month moving average of $782,033. That is a meaningful gap. It tells us that recent sale activity is pulling values lower, not higher. We are not in freefall, but we are definitely taking a breather.
- Average HonestDoor Price: $720,100
- Predicted Market Value (Houses): $718,900
- 3-Month Moving Average: $782,033
- Recent Value Change: -19.23%
- Average Rental Estimate: $3,390 per month
- Rental Yield: 5.21%
- Airbnb Estimate: $170 per night
- Airbnb Rank in Whitehorse: 15th
How We Stack Up Against the Neighbours
On the neighbourhood leaderboard for growth, Mclean Lake houses rank 37 out of 40 comparable neighbourhoods in Whitehorse. That puts us near the bottom of the pack right now. It is not a number to panic over, but it is a number to pay attention to if you are thinking about timing a sale.
Here is how nearby areas compare on price:
- Canyon Creek: HonestDoor Price $787,180 - slightly more expensive than us, rental estimate $3,615
- Copper Ridge: HonestDoor Price $684,121 - cheaper than us, rental estimate $3,236
- Mount Sima Industrial: HonestDoor Price $934,994 - significantly more expensive, rental estimate $4,065
The good news? Our predicted value of $718,900 still beats Canyon Creek's predicted value of $668,020. So while growth is sluggish, we are not the cheapest option on the block.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city tax assessment. It is a snapshot from months ago, sometimes longer. It does not know what happened to comparable sales last quarter. It does not react to a shifting market in real time. Your HonestDoor Price does.
With values in Mclean Lake moving - and right now they are moving downward from that 3-month peak of $782,033 - your government assessment could be telling you a number that no longer reflects what a buyer would actually put on the table today. That gap between $782,033 and $718,900 is real money. Roughly $63,000 worth of real money. Checking your HonestDoor Price now gives you the real-world number, not the government's rearview mirror version.
The So What - Should You Sell This Summer?
If you are thinking about listing this summer, the data is sending a clear signal: do not wait and hope the numbers climb back to that 3-month high on their own. A growth rank of 37 out of 40 means momentum is not on our side right now.
That said, there is a silver lining. A 5.21% rental yield is genuinely strong. If selling feels rushed, holding and renting is a real option that pays you while you wait. At $3,390 per month in estimated rent, this is not a property that sits idle. And if short-term rentals are your thing, a 15th place Airbnb rank in Whitehorse at $170 per night is nothing to dismiss.
Bottom line - if you need to sell, price it sharp and price it now. If you can hold, the rental numbers give you a solid reason to wait it out. Either way, pull your HonestDoor Price first so you are working with today's reality, not last year's assessment.
mclean lake | whitehorse | october 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.