Quesnell Heights, Edmonton - July 2026 Real Estate Report

Quesnell Heights Is Still One of Edmonton's Most Expensive Addresses - And the Numbers Back It Up

The Vibe Right Now

If you live on these streets, you already know Quesnell Heights is not your average Edmonton neighbourhood. The data confirms it. We are sitting at an average HonestDoor Price of $1,225,976, which puts us at rank 20 out of 285 neighbourhoods in Edmonton for price. That is the top 7%. Not bad for a Tuesday.

On the houses side, the average sale price is sitting at $775,000 with a price per square foot of around $532. One property sold recently, and it moved in 19 days. That is a fast-selling neighbourhood - Edmonton-wide, our days-on-market rank is 18 out of 103, which puts us near the very top for speed. When a house goes up here, buyers notice.

The one thing worth watching: buyers are paying about 98.93% of list price. That means we are in a stable buyers' market right now. Sellers are still getting close to what they ask, but the days of bidding wars pushing prices over list are taking a breather. Price smart and you will be fine. Overprice and you will sit.

The Secret Sauce - Your HonestDoor Price vs. Your Assessment

Here is the thing most homeowners in Quesnell Heights do not realize. The city's average assessed value for homes here is $1,119,549. Your HonestDoor Price is $1,225,976. That is a gap of roughly $106,000 - or 9.51% higher than what the city has on file.

Why does that matter? Because your city assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last month or what buyers are actually willing to pay today. The HonestDoor Price pulls in current market signals to give you a live read on what your home is worth right now - not what a government spreadsheet decided months ago.

Yes, the HonestDoor Price has dipped 1.08% from the previous period. That is a small move, not a red flag. But it is exactly the kind of real-time signal your assessment will never show you. If you are making any financial decision tied to your home's value - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the number you want in front of you.

• Average City Assessment: $1,119,549
• Average HonestDoor Price: $1,225,976
• The Gap: $106,427 - or 9.51% more than the assessed value
• HonestDoor Price change: down 1.08% from last period
• Predicted market value for houses: $1,249,246

The Neighbourhood Leaderboard

Where does Quesnell Heights actually sit among Edmonton's 300-plus neighbourhoods? Here is the honest scorecard.

• Price rank: 20 out of 285 - among the most expensive in the city
• Days-on-market rank: 18 out of 103 - very fast-selling
• Growth rank: 125 out of 302 - above average, sitting in the middle of the pack
• Airbnb rank in Edmonton: 20
• Average assessed value rank: 4 out of all Edmonton neighbourhoods

The growth number is worth a second look. At 0.03% year over year, Quesnell Heights is not the fastest-growing neighbourhood in Edmonton right now. Nearby Rio Terrace is growing at 0.06% and Laurier Heights at 0.04% - both cheaper and moving faster. That does not mean Quesnell Heights is losing ground. It means we are a mature, established neighbourhood. The price is already high. The upside here is stability and prestige, not a quick flip.

The So What - Should You Sell This Summer?

If you are thinking about listing this summer, here is the straight talk. Demand is real - homes here are moving in under three weeks on average. The predicted market value for houses is $1,249,246 and it is trending up slightly from the three-month moving average of $1,244,279. That is a good sign heading into the warmer months.

The catch is that buyers are disciplined right now. They are paying 98.93% of list, not 103%. So the strategy is simple: price it at what the market will actually bear, not what you hope it might. Come in sharp, and you will likely have an offer in under a month. Come in greedy, and you will be doing price reductions by August.

One more number worth knowing if you are not ready to sell yet. The average rental estimate here is $4,707 per month with a rental yield of 4.50%. If you are sitting on a property and weighing your options, that is a solid income floor while you wait for the right moment. And if short-term rentals are on your radar, the Airbnb income potential sits around $236 per night - good enough to rank 20th in all of Edmonton.

Bottom line: Quesnell Heights is one of Edmonton's strongest addresses. Check your HonestDoor Price today so you know exactly where you stand before you make any moves.

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.