If you have been watching the "For Sale" signs in Meadowbrook lately, here is the honest read: the market is taking a breather. Values are down, not crashing, but softening enough that waiting around for your next tax assessment to tell you what your home is worth is a bad idea.
Let us break it down by property type, because houses and condos are telling two different stories right now.
The average HonestDoor Price for a house here sits at $560,053, down 0.45% from the previous period. The 3-month moving average is $576,567, and the current predicted value is $562,564 - meaning prices have moved down about 3.33% recently. On the neighbourhood leaderboard, Meadowbrook houses rank 35 out of 44 Kingston neighbourhoods for growth. That puts us in below-average territory, and it is worth knowing.
The silver lining? If you own a house here and are thinking about renting it out, the numbers are genuinely solid. Estimated rent runs around $2,760 to $2,770 per month, with a rental yield of 5.52%. That is a strong return. Short-term rental potential sits around $137 to $138 per night on Airbnb, ranking 38th in Kingston for that category.
Condos are where we need to pay closer attention. The average HonestDoor Price is $264,060, and that is down 4.95% from the previous period - a more significant dip. The predicted value is $277,823, just slightly below the 3-month moving average of $278,694, so the slide is slowing but it has not stopped.
On the leaderboard, Meadowbrook condos rank 29 out of 44 Kingston neighbourhoods for growth. Still below average, but a bit better positioned than our houses. Nearby, condos in Waterloo Village are averaging around $317,314 to $318,409 and Polson Park sits at $293,160 - both higher than us. That gap is something to watch if you are a condo owner thinking about timing a sale.
Rental income for condos is more modest. Estimated rent is around $1,430 to $1,501 per month, with a rental yield of 4.23%. Airbnb potential is roughly $71 to $74 per night, ranking 39th in Kingston.
Here is the thing about your city tax assessment: it is a snapshot from the past. It does not know that Meadowbrook prices have dropped 3.33% recently for houses or nearly 5% for condos. It is working with old data, and in a shifting market, old data can cost you real money.
The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now - not what happened two or three years ago when assessments were last locked in. If you are a homeowner in Meadowbrook, checking your HonestDoor Price today gives you the real-world number, the one a buyer would actually negotiate from. That is the number that matters.
Think of the tax assessment as a history book. Think of the HonestDoor Price as today's newspaper.
If you are a house owner thinking about listing this summer, the honest answer is: do not wait for the market to come back to you. Prices are below their 3-month average, and our growth rank of 35 out of 44 means Meadowbrook is not leading the Kingston recovery right now. Grenville Park, at an average of $613,942, is pulling ahead of us. Listing sooner rather than later - before more inventory hits - gives you a better shot at the buyers who are still active.
If you own a condo, the picture is similar but with one extra wrinkle: nearby neighbourhoods like Waterloo Village and Polson Park are priced higher than Meadowbrook condos right now. Buyers comparison-shopping will notice that. Price your unit sharp, lean on that 4.23% rental yield as a selling point for investor buyers, and do not overprice based on what your neighbour got two years ago.
Bottom line - check your HonestDoor Price, get a realistic number in your hand, and make a decision based on what the market is actually doing today. That is how you come out ahead.
meadowbrook | kingston | 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.