Menisa, Edmonton - August 2026 Real Estate Report

Menisa, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Menisa and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment says your house is worth one thing. The real world says something different - and in this case, the real world is winning.

The Vibe: What's Actually Happening in Menisa Right Now

Menisa is a steady, no-drama neighbourhood. We're not seeing the kind of wild swings that make headlines, but that's not a bad thing. Steady means predictable. Predictable means you can plan. Here's how houses and condos are stacking up for us right now.

Houses - Solid Ground, Motivated Buyers

• Average HonestDoor Price: $451,201 - up 0.73% from last period
• Average assessed value: $439,379 - already $11,822 below what the market says you're worth
• Predicted market value: $447,914 - trending up from the 3-month average of $447,033
• Average sale price this month: $400,000
• Average list price: $430,967
• Price per square foot: $304
• Homes are selling at 96.60% of list price
• Average days on market: 34 - ranks 32 out of 108 neighbourhoods, meaning we move faster than most
• Rental yield: 5.74% - that's a strong return if you're thinking about holding
• Estimated monthly rent: $2,271
• Transactions in 2026: 34

One house sold last month. That's a thin number, but the days-on-market rank tells the real story - when a house in Menisa hits the market, it doesn't sit. Buyers are paying close to asking, and the predicted value is creeping upward. This is a buyers' market, but it's a calm one, not a desperate one.

On the neighbourhood leaderboard, Menisa houses rank 189 out of 292 for growth. Below average, yes - but the days-on-market rank of 32 out of 108 is genuinely impressive. We sell fast. That matters when you're ready to move.

Condos - Fast Sales, But Watch the Numbers

• Average HonestDoor Price: $179,891 - up 2.83% from last period
• Predicted market value: $174,933 - slightly below the 3-month average of $176,818
• Average sale price: $197,000
• Average list price: $185,000
• Price per square foot: $76
• Condos are selling at 98.65% of list price
• Average days on market: 11 - ranks 5 out of 111 neighbourhoods in Edmonton
• Rental yield: 4.35% - moderate, but consistent
• Estimated monthly rent: $961
• Transactions in 2026: 2

Condos in Menisa are moving fast - top 5 in all of Edmonton for days on market. Eleven days is almost nothing. The catch is that the predicted value has dipped 2.04% recently and ranks 242 out of 302 for growth. If you own a condo here, the speed of the market is your friend. Timing matters more than waiting for appreciation.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

The city assesses 810 properties in Menisa. That number gets calculated once a year, using data that's already months old by the time it lands in your mailbox. It's a snapshot of the past, not a picture of today.

The HonestDoor Price updates in real time. Right now, it's showing Menisa house owners are sitting on values that are 2.69% higher than the city's average assessed value across Edmonton. That gap is real money. On a $439,379 assessed home, 2.69% is roughly $11,800 that the tax assessment isn't capturing.

If you're making any decision - selling, refinancing, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need. Don't wait for next January's assessment to find out what your home is worth today.

The 'So What?': Thinking About Selling This Summer?

Here's the honest take for Menisa homeowners eyeing a summer sale.

For houses - you're in a decent spot. The market is stable, buyers are active, and homes here sell faster than most of Edmonton. The gap between your assessed value and your HonestDoor Price means you have room to price confidently. List at the right number and you won't be sitting on the market long. Compare that to nearby Sakaw, where the HonestDoor Price hits $634,587 - that's a different buyer pool entirely. Menisa is accessible, and accessible sells.

For condos - move quickly if you're going to move. The 11-day average is a gift for sellers, but the predicted value is dipping slightly. The window is open right now. A condo sitting at $197,000 in a neighbourhood where buyers are deciding in under two weeks is a strong position. Don't overthink it.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the city's number. That's the difference between leaving money on the table and walking away with what your home is actually worth.

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.