If you live on one of those tree-lined streets near the university and you haven't checked your property value lately, now is the time. Old University is a split story right now - houses and condos are moving in completely different directions, and which one you own matters a lot for what you do next.
Let's be straight with you. House values in Old University are dipping. The average HonestDoor Price sits at $1,253,894, down 0.58% from last period. The predicted market value is $1,261,193, and that number is sliding below the 3-month moving average of $1,273,721. A drop of 0.72% recently puts houses at rank 11 out of 22 comparable neighbourhoods in Guelph - right in the middle of the pack.
That is not a crash. That is a market catching its breath. But it does mean if you are a house owner waiting for peak value, the window may be tightening.
Condo owners in Old University, we have genuinely good news. Values are climbing. The average HonestDoor Price is $1,174,644 - up 4.57% from last period. The predicted market value of $1,123,329 is rising above the 3-month moving average of $1,072,223. That upward momentum puts Old University condos at rank 3 out of 23 neighbourhoods in Guelph. That is top-tier performance.
A 6.17% recent price change is not a small number. That is real equity building in real time.
Here is a quick reality check. Whether you own a house or a condo in Old University, you are sitting on significantly more value than the neighbourhoods right next door. Hanlon Creek house values average $843,033. That is roughly $410,000 less than what we are seeing here. For condos, the gap is even sharper - nearby neighbourhoods are coming in well under $750,000 on average.
Old University is not just holding its own. It is in a different price category entirely.
Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from the past. It does not update in real time. It does not know that condo values in your neighbourhood just jumped 6.17%. It does not know that house values are softening against a 3-month trend.
The HonestDoor Price is a live number. It pulls from actual market signals right now - not from what a government office calculated months or years ago. If you are a condo owner, your assessment is almost certainly underselling what your place is worth today. If you own a house, you want to know the real current number before you make any decisions - not a stale figure that gives you false confidence.
Checking your HonestDoor Price takes two minutes. Relying on an outdated assessment when you are about to make a six or seven-figure decision does not make sense.
If you own a condo in Old University, the timing argument for selling this summer is genuinely strong. You are ranked 3rd in Guelph for growth, values are above their 3-month average, and you are sitting at a price point that dwarfs what buyers can get in nearby neighbourhoods. That is leverage.
If you own a house, the picture is more nuanced. Values are still well above $1.2 million, and Old University commands a serious premium over comparable areas. But the trend line is pointing slightly downward right now. Selling into a softening market is a timing question worth taking seriously - not a reason to panic, but a reason to move with intention rather than wait indefinitely.
Either way, the first step is the same. Get your current HonestDoor Price, compare it to what the city has on file, and make your decision with real numbers in hand. That is what a savvy neighbour would tell you to do.
old university | guelph | october 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.