Papaschase Industrial, Edmonton - June 2026 Real Estate Report

Papaschase Industrial Real Estate Update: Here's What Your Home Is Actually Worth Right Now

The Vibe in Papaschase Industrial

If you own property in Papaschase Industrial, Edmonton, the honest answer is: it depends on what you own. Houses and condos are telling two different stories right now, and knowing which one applies to you could make a real difference when it comes time to sell or refinance.

Houses: Solid Value, But Watch the Trend

The average HonestDoor Price for a house in Papaschase Industrial sits at $531,539 - up 0.69% from last period. That sounds fine on the surface. But dig a little deeper and the picture gets more interesting. The predicted market value right now is $527,891, and that number is sliding below the 3-month moving average of $545,371. In plain terms, house values here have dipped 5.84% recently.

On the neighbourhood leaderboard, houses in Papaschase Industrial rank 296 out of 305 for growth in Edmonton. That puts us near the bottom of the pack. This is not a panic signal, but it is a "pay attention" signal.

Here is the silver lining for landlords and investors among us. The rental yield on houses comes in at 5.62%, which is genuinely strong. Estimated rent runs about $2,470 per month, and if you are thinking short-term rentals, the Airbnb potential clocks in around $123 per month. The Airbnb rank for houses sits at 220 in Edmonton - middle of the road, not a standout.

• Average HonestDoor Price (Houses): $531,539
• Predicted Market Value: $527,891
• 3-Month Moving Average: $545,371
• Recent Value Change: -5.84%
• Estimated Monthly Rent: $2,470
• Rental Yield: 5.62%
• Growth Rank: 296 out of 305 in Edmonton

Condos: A Quieter Story, But Holding Steadier

Condo owners, we are in a different spot. The average HonestDoor Price for condos here is $312,818 - up 1.42% from last period. The predicted market value is $308,430, sitting just below the 3-month moving average of $310,391. The recent value change is a modest positive 1.30%. Not explosive, but at least the arrow is pointing the right way.

On the leaderboard, condos rank 208 out of 295 for growth - below average, but nowhere near the bottom. Rental yield comes in at 4.18%, which is moderate. Estimated rent is around $1,647 per month. The Airbnb rank for condos is 125 in Edmonton, which is actually a decent showing for short-term rental potential.

• Average HonestDoor Price (Condos): $312,818
• Predicted Market Value: $308,430
• 3-Month Moving Average: $310,391
• Recent Value Change: +1.30%
• Estimated Monthly Rent: $1,647
• Rental Yield: 4.18%
• Growth Rank: 208 out of 295 in Edmonton

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

Here is the thing about your city assessment - it is a snapshot from months ago, based on data that is even older than that. It does not know that house values in Papaschase Industrial dropped 5.84% recently. It does not know what the market did last Tuesday. Your tax assessment is basically a history book, and you are trying to make decisions today.

The HonestDoor Price is updated in real time. It pulls in current sales data, market shifts, and neighbourhood trends as they happen. For house owners here, that gap between the 3-month moving average of $545,371 and today's predicted value of $527,891 is exactly the kind of move a static assessment would completely miss. That is roughly $17,000 in difference that your assessment is not telling you about.

Checking your HonestDoor Price right now is not just curiosity - it is the real-world check that tells you where you actually stand before you make any big financial moves.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Papaschase Industrial and you are thinking about listing this summer, the data is giving us a clear message: do not wait and hope values bounce back on their own. With a growth rank of 296 out of 305 and a downward trend in predicted value, the market here is taking a breather. Sellers who price sharp and move early in the summer season will be in a better position than those who hold out for a number that may not come.

If you own a condo, the situation is calmer. Values are holding closer to their moving average, and that 1.30% recent gain is at least a stable foundation. You are not in a rush, but you are also not sitting on a rocket ship. Pricing realistically and leaning into the rental yield story - 4.18% is a number that attracts investors - could work in your favour when you list.

Either way, the first step is the same. Pull your HonestDoor Price today. Know your real number before you call an agent, before you set expectations, and before you make any decisions. That is just smart.

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.