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    Morris Industrial, Edmonton - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Edmonton, Morris Industrial

    Morris Industrial Is Quietly Winning the Edmonton Real Estate Game Right Now

    If you own property in Morris Industrial and you haven't checked your HonestDoor Price lately, you're flying blind. This neighbourhood is not on most people's radar - and that might be exactly why the numbers are looking so good.

    The Vibe: What's Actually Happening on the Ground

    Let's be straight with you. There are two different stories being told in Morris Industrial right now, and both of them matter depending on what you own.

    On the general property side, the average HonestDoor Price sits at $290,021. That number has pulled back 30.09% from the previous period, so yes, the market has taken a breather here. But here's where it gets interesting.

    For houses specifically, the picture flips completely. The predicted market value for houses in Morris Industrial is $414,837 - and that number is climbing. It's already up from the 3-month moving average of $391,417, and values have moved 20.01% recently. That kind of momentum is hard to ignore.

    • Average HonestDoor Price (overall): $290,021
    • Predicted House Value: $414,837
    • 3-Month Moving Average (Houses): $391,417
    • Recent House Value Change: 20.01%
    • Average Rental Estimate: $1,557 per month
    • House Rental Estimate: $2,151 per month
    • House Rental Yield: 5.80%
    • Airbnb Estimate: $77 per night

    That 5.80% rental yield on houses is genuinely strong. For context, a lot of investors are happy with 4%. We're sitting above that benchmark right now.

    The Neighbourhood Leaderboard Stat You Need to See

    We ranked 1 out of 291 neighbourhoods in Edmonton for house growth. Not top 10. Not top 5. Number one. That is not a small thing. Out of every neighbourhood in this city, Morris Industrial houses are leading the pack on growth right now.

    Compare that to our neighbours. Lambton Industrial houses are predicted at $362,916. Weir Industrial sits at $373,373. We're ahead of both - and by a meaningful margin. Even Lambton, which has a slightly higher general HonestDoor Price at $314,385, isn't keeping up on the house value side.

    The Secret Sauce: Why Your Tax Assessment Is Already Out of Date

    Here's the thing about your city assessment - it's a snapshot from the past. The City of Edmonton values your property based on data that can be months or even over a year old by the time it lands in your mailbox. A lot can change in that window, and in Morris Industrial right now, a lot HAS changed.

    The HonestDoor Price is updated in real time using current market activity. It's the real-world check against that static government number. If your assessment says one thing and the HonestDoor Price says another, the HonestDoor Price is almost certainly closer to what a buyer would actually pay you today.

    With house values sitting at $414,837 and trending upward, there's a real chance your city assessment is underselling what you actually own. That matters if you're thinking about selling, refinancing, or just want to know where you stand.

    The So What - Should You Sell This Summer?

    If you own a house in Morris Industrial and you've been sitting on the fence, this summer is worth a serious look. Here's the honest breakdown.

    You're in a neighbourhood ranked first in Edmonton for house growth. Values are above the 3-month moving average, which means momentum is still pointing up. Buyers looking at comparable spots like Lambton Industrial or Weir Industrial will find Morris Industrial houses priced higher - but the growth story backs that up.

    The rental numbers also give you options. At $2,151 per month estimated rent and a 5.80% yield, holding the property as a rental is a legitimate play too. You're not forced to sell. But if selling is on your mind, the conditions are working in your favour right now.

    Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it'll tell you more about what your home is worth today than any assessment notice sitting in your filing cabinet.

    morris industrial | edmonton | september 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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