North Business Park, Stony Plain - July 2026 Real Estate Report

North Business Park, Stony Plain: Your Property Is Worth More Than Your Assessment Says

The Vibe Right Now

If you own property in North Business Park and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table - or at least making decisions based on stale numbers. Here's the real picture, broken down by property type.

Houses: Holding Strong at the Top of the Market

Houses in North Business Park are sitting at an average HonestDoor Price of $1,248,200. Yes, that's down 1.72% from the previous period - the market is taking a breather - but the forward-looking numbers tell a more interesting story. The predicted market value for houses is $1,270,012, which is already climbing past the 3-month moving average of $1,254,684. That upward trend matters.

• Average HonestDoor Price: $1,248,200
• Predicted Market Value: $1,270,012
• 3-Month Moving Average: $1,254,684
• Recent Value Change: +1.45%
• Estimated Monthly Rent: $4,719
• Rental Yield: 4.68%
• Neighbourhood Growth Rank: 6 out of 39 in Stony Plain

That growth rank is the number we want to talk about. Sixth out of 39 neighbourhoods puts North Business Park houses in the top tier of Stony Plain. That's not a fluke - that's a neighbourhood leaderboard position that buyers notice. For context, every nearby neighbourhood we track - Sandstone Estates, South Business Park, Stonegate Place - comes in significantly cheaper on the residential side. We're in a different weight class here.

The rental story is solid too. At $4,719 per month estimated rent and a 4.68% yield, this isn't just a place to live - it's a performing asset. And if you're curious about short-term rental potential, North Business Park ranks 2nd in all of Stony Plain for Airbnb, with an estimated $234 per month in income potential.

Condos: A Different Story

We'll be straight with you. Condos in North Business Park are in a softer spot. The average HonestDoor Price is $232,050, down 1.30% from the previous period, and the recent value change sits at -0.34%. The growth rank here is 27 out of 33 - that puts condos near the bottom of the Stony Plain leaderboard right now.

• Average HonestDoor Price: $232,050
• Predicted Market Value: $235,100
• 3-Month Moving Average: $232,533
• Recent Value Change: -0.34%
• Estimated Monthly Rent: $1,280
• Rental Yield: 4.28%
• Neighbourhood Growth Rank: 27 out of 33 in Stony Plain

The predicted value of $235,100 is nudging above the moving average, so there's a small positive signal. But condo owners here should be realistic. The Airbnb rank for condos is 19th in Stony Plain, and at $65 per month in estimated Airbnb income, that's not a strategy to bank on. The 4.28% rental yield is moderate - it's not a loss, but it's not exciting either.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that house prices in North Business Park are trending toward $1,270,012. It doesn't factor in what buyers are actually paying right now, or where the 3-month moving average is heading.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government office playing catch-up. If you're a house owner here, your assessment is almost certainly behind the curve. If you're a condo owner, knowing the real number - not an inflated old one - helps you price smart and sell fast instead of sitting on the market wondering why there are no offers.

Check your HonestDoor Price before you do anything else. It's the number that reflects what a buyer would actually pay today.

So What Does This Mean If You're Thinking About Selling This Summer?

For house owners - the timing is genuinely interesting. You're in a top-6 growth neighbourhood out of 39 in Stony Plain. The predicted value is rising above the moving average. Summer inventory typically tightens, which means less competition for your listing. If you've been on the fence, this is a reasonable window to move.

For condo owners - be strategic. A 27-out-of-33 growth rank means buyers have options. Pricing sharp from day one matters more than it does for houses right now. Don't anchor to your old assessment. Use the HonestDoor Price, price competitively, and move quickly. A slow summer listing in a soft condo market is a tough spot to be in.

Either way, the first step is the same - know your real number. Everything else follows from there.

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.