If you've been watching the "For Sale" signs in Morris Industrial, here's what's actually happening. The average HonestDoor Price sits at $345,656 - down 16.46% from the previous period. That sounds rough on the surface. But hold on, because the predicted market value for houses here tells a very different story.
Houses in Morris Industrial are showing a predicted value of $413,758. That's running well above the 3-month moving average of $338,742 - a gap of roughly $75,000. In plain terms, the momentum is pointing up, not down. Property values have shifted 40.22% recently, and that kind of move doesn't go unnoticed for long.
On the rental side, estimated rent comes in at $2,145 per month with a rental yield of 5.80%. For anyone holding property here, that's a strong return. The neighbourhood also pulls in an average rental estimate of $1,829, with Airbnb potential around $91 per night.
Here's the stat we love to share with neighbours: Morris Industrial ranks 1 out of 302 neighbourhoods in Edmonton for growth. Not top 10. Not top 5. Number one. That's the kind of number that changes how you think about your property.
For context, here's how we stack up against the streets next door:
We're sitting right in the middle of the pack on price, but leading the pack on growth. That's a combination worth paying attention to.
Here's the honest truth about your city assessment. It's a snapshot taken months ago, processed through a slow system, and mailed to you like it's still 1987. By the time it lands in your mailbox, the market has already moved.
The HonestDoor Price is a real-time check on what your property is actually worth today - not what a government formula calculated last year. With a predicted value of $413,758 running $75,000 above the recent moving average, there's a real chance your city assessment is leaving serious money on the table. If you're making any financial decision based on that old number - refinancing, selling, even just understanding your net worth - you owe it to yourself to look at the HonestDoor Price first.
Think of it this way: your assessment tells you what your home was worth. HonestDoor tells you what it's worth right now.
If selling has crossed your mind, the timing conversation is worth having. Morris Industrial is ranked number one in Edmonton for growth right now. Buyers looking at comparable neighbourhoods will see Lambton Industrial at $421,137 and Weir Industrial at $412,921 - and Morris Industrial sits right in that range at $413,758 predicted. You're competitive on price and leading on momentum.
A rental yield of 5.80% also means investor buyers are going to look twice at anything listed here. That expands your pool of potential buyers, which is exactly what you want when you're negotiating.
The market is not on pause. It's moving. The question is whether you're moving with it or waiting for a tax assessment to catch up. Check your HonestDoor Price today - it takes two minutes and it might change the conversation you have with your realtor this summer.
morris industrial | edmonton | july 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.