Morin Industrial, Edmonton - July 2026 Real Estate Report

Morin Industrial, Edmonton: Here's What Your Property Is Actually Worth Right Now

The Vibe in Morin Industrial

If you own property in Morin Industrial and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's actually happening on the ground. The market here is moving - and not always in the direction you'd hope. Here's the straight story, broken down by property type.

Houses: Taking a Breather

Let's be honest with each other. House values in Morin Industrial are under some pressure right now. The HonestDoor Price for houses sits at an average of $818,436 - down 0.67% from the previous period. The predicted market value is $823,941, but that number is sliding. The 3-month moving average is $845,652, which means we're tracking below where we were just a quarter ago. That's a -5.29% recent change in property values.

On the neighbourhood leaderboard, houses here rank 286 out of 302 comparable Edmonton neighbourhoods for growth. That puts us near the bottom of the pack. That's not a number to ignore if you're thinking about timing a sale.

The silver lining? If you're holding this property as a rental, the numbers are genuinely solid.

• Average HonestDoor Price: $818,436
• Predicted Market Value: $823,941
• 3-Month Moving Average: $845,652
• Recent Value Change: -5.29%
• Average Monthly Rent Estimate: $3,642
• Rental Yield: 5.09% - strong returns
• Airbnb Estimate: $180 per night
• Edmonton Airbnb Rank: 59 out of Edmonton neighbourhoods
• Growth Rank: 286 out of 302

A 5.09% rental yield is genuinely strong. If you're not selling, renting makes real financial sense here. Your tenant is essentially covering a healthy chunk of your carrying costs.

Condos: A Different Story Entirely

Here's where Morin Industrial gets interesting. Condos are a completely different animal in this neighbourhood. The average HonestDoor Price for condos is $4,010,183 - and it's up 4.71% from the previous period. These are not your typical residential condos. We're talking about large-format commercial or industrial condo units, and the numbers reflect that.

The predicted market value comes in at $3,829,683, sitting just below the 3-month moving average of $3,877,400. The recent change is -0.81%, so there's a slight dip, but nothing dramatic compared to what houses are doing.

On the leaderboard, condos rank 150 out of 296 - right in the middle of the pack for Edmonton. Not a star performer, but not a laggard either.

• Average HonestDoor Price: $4,010,183
• Recent HonestDoor Price Change: +4.71%
• Predicted Market Value: $3,829,683
• 3-Month Moving Average: $3,877,400
• Recent Value Change: -0.81%
• Average Monthly Rent Estimate: $11,880
• Rental Yield: 1.35% - moderate returns
• Airbnb Estimate: $589 per night
• Edmonton Airbnb Rank: 7 - near the top of the city
• Growth Rank: 150 out of 296

That Airbnb rank of 7 in all of Edmonton is worth paying attention to. Short-term rental potential here is among the highest in the city for this property type.

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

Your city assessment is a snapshot taken months ago using broad formulas. It doesn't know what happened to comparable properties last month. It doesn't factor in real-time shifts in buyer demand. The HonestDoor Price is updated continuously using actual market signals - which is exactly why it's showing a different number than what the city has on file for most properties in Morin Industrial right now.

For houses, the gap between the city's static number and the HonestDoor Price could be costing you - either by overpricing a listing and watching it sit, or by underpricing and leaving money on the table. The HonestDoor Price is your real-world check. Use it.

Nearby, Place La Rue averages $600,769 and Sunwapta Industrial sits at $224,015. Stone Industrial is the closest comp at $817,853 with a rental estimate of $3,654 - nearly identical to Morin Industrial houses. Knowing where you stand against your neighbours is half the battle.

The So What - Thinking About Selling This Summer?

Here's the honest take. If you own a house in Morin Industrial and you're thinking about listing this summer, the data is telling you not to wait and hope for a rebound. With a growth rank of 286 out of 302 and values trending below the 3-month average, the market is not building momentum in your favour right now. Selling sooner rather than later - and pricing sharp using your HonestDoor Price, not last year's assessment - gives you the best shot at a clean sale.

If you own a condo unit here, the picture is steadier. A 4.71% increase in HonestDoor Price and a top-10 Airbnb ranking in Edmonton means you have options. Hold and earn, or sell into a market that still sees value in this property type.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you make any move. It's free, it's current, and it's the number that actually reflects what a buyer would pay today - not what the city guessed last year.

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.