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    Paroisse St-Richard-Magnus Ouest, Gatineau - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Gatineau, Paroisse St-Richard-Magnus Ouest

    Paroisse St-Richard-Magnus Ouest: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you've been watching the "For Sale" signs around here, here's what's actually happening. The average HonestDoor Price for houses in Paroisse St-Richard-Magnus Ouest sits at $475,821 - down a slim 0.80% from the previous period. That's not a crash. That's the market taking a breather. And here's the thing: the predicted value is already climbing back, sitting at $479,668 against a 3-month moving average of $475,758. The trend is pointing up, not down.

    We don't have condo-specific data to break out separately right now, so we're focused on what we do know - and for houses, the story is actually pretty solid. A 0.51% recent value change and a forward-looking predicted price that beats the moving average tells us this pocket of Gatineau isn't standing still.

    Where We Stand on the Neighbourhood Leaderboard

    Here's a stat worth knowing. Out of 36 comparable neighbourhoods tracked in Gatineau, Paroisse St-Richard-Magnus Ouest ranks 18th for growth. That puts us in the above-average half of the city - not leading the pack, but solidly ahead of the middle. Think of it as being in the top half of the class without being the kid who raises their hand every time.

    How do we stack up against the neighbours?

    • Appolo-Desroyers - avg HonestDoor Price $425,175 - cheaper, and our predicted value of $479,668 is already running about $53,000 ahead
    • Paroisse St-Rene (Bureau De Poste) - avg $502,067 - slightly pricier, but we're closing the gap
    • Oree Des Bois-La Verendrye-Colline - avg $523,118 - the priciest of the bunch nearby, but that also sets a ceiling we could grow toward

    Being sandwiched between cheaper and pricier neighbourhoods is actually a good position. Buyers priced out of Oree Des Bois or Paroisse St-Rene look at us next. That's real demand pressure working in our favour.

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

    Here's the honest truth about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. Right now it's showing $475,821 on average, with a predicted value of $479,668 already factoring in where things are heading.

    That gap between what the city assessed your home at and what a buyer would actually pay today? That's money left on the table if you're making decisions based on old numbers. Check your HonestDoor Price before you do anything - list, refinance, or even just figure out if that renovation pencils out.

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

    If selling is on your radar, here's the straight talk. A 5.70% rental yield is strong - that means investors are paying attention to this neighbourhood. When investors are interested, prices have a floor. You're not selling into a soft room.

    The average rental estimate of $2,372 a month also means buyers who can't sell their current place right away have a real fallback option - rent it out. That keeps more buyers in the conversation, which keeps competition for your listing alive.

    The Airbnb angle is a bonus. At $118 per night and a rank of 36 in Gatineau, short-term rental income is a real selling point you can mention to the right buyer. Not every home in Gatineau can say that.

    • Average HonestDoor Price - $475,821
    • Predicted market value - $479,668
    • 3-month moving average - $475,758 (predicted value is above it - good sign)
    • Rental estimate - $2,372 per month
    • Rental yield - 5.70%
    • Airbnb estimate - $118 per night
    • Growth rank - 18 out of 36 neighbourhoods in Gatineau

    Bottom line - this is not a neighbourhood in trouble. It's one that's holding value, attracting investor interest, and sitting in a strong spot relative to what's around it. If you're thinking about making a move this summer, the numbers are working with you, not against you.

    paroisse st-richard-magnus ouest | gatineau | july 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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