Quesnell Heights, Edmonton - September 2026 Real Estate Report

Quesnell Heights Is Still One of Edmonton's Most Expensive Addresses - But the Market Is Telling Us Something

The Vibe Right Now

If you live on these streets, you already know Quesnell Heights is not your average Edmonton neighbourhood. We sit at rank 4 out of 285 for average assessed value in the entire city. That is not a small thing. But if you have been watching the "For Sale" signs lately, here is what is actually happening on the ground.

On the houses side, the average sale price is sitting at $775,000, with properties moving in about 19 days. That days-on-market number ranks 18th out of 112 comparable neighbourhoods - meaning our homes sell fast when they are priced right. Buyers are paying 98.93% of list price on average, which tells us we are in a stable buyers market. Not a fire sale, but sellers are not calling all the shots either. One property sold last month, which is a thin slice of data, so take the trend as a directional signal rather than gospel.

Price per square foot is around $532, and the predicted market value for houses sits at $1,293,438 - up from a 3-month moving average of $1,259,482. Values have moved 4.67% recently, which is real money at this price point. We are talking roughly $57,000 in movement. That is not nothing.

The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment

Here is the thing most Quesnell Heights homeowners do not realize. The city's assessed value for a typical home here is $1,119,549. That number is used for your tax bill. It is also, frankly, stale. It looks backward, not forward.

The average HonestDoor Price right now is $1,228,965. That is 9.77% higher than what the city has on file for us. In dollar terms, that gap is roughly $109,000. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the city's number means you are working with incomplete information.

Yes, the HonestDoor Price has dipped 4.23% from the previous period. The market is taking a breather at the top end. But it is still a far more accurate real-world check than a government assessment that could be 12 to 18 months behind the curve. Check your HonestDoor Price now, not when the next assessment letter shows up in your mailbox.

• Average Assessed Value: $1,119,549
• Average HonestDoor Price: $1,228,965
• Gap in your favour: approximately $109,000
• HonestDoor Price change: -4.23% from previous period
• Predicted House Value: $1,293,438
• Recent value change: +4.67%
• Growth rank: 20 out of 291 Edmonton neighbourhoods

How We Stack Up Against the Neighbours

Context matters. The neighbourhoods right next to us tell an interesting story about what Quesnell Heights actually represents.

• River Valley Laurier - HonestDoor Price $658,540, rental estimate $3,016 per month
• Rio Terrace - HonestDoor Price $769,933, rental estimate $3,400 per month, growing at 0.06% year over year
• Laurier Heights - HonestDoor Price $943,726, rental estimate $3,962 per month, growing at 0.04% year over year

Every single one of those neighbours is cheaper than us, and some are growing faster. Rio Terrace and Laurier Heights are both outpacing our 0.03% year-over-year growth rate. That is worth knowing. It does not mean Quesnell Heights is losing ground - we are still in a completely different price tier - but it does mean buyers with slightly smaller budgets have options nearby that are gaining momentum.

The So What - Should You Sell This Summer?

If you are thinking about listing this summer, here is the straight talk. Quesnell Heights ranks 20th out of 291 Edmonton neighbourhoods for growth. That puts us in the top 7% of the city. Homes here are also selling in 19 days on average, which ranks us 18th for speed. Buyers are not ignoring this neighbourhood.

The catch is that buyers are disciplined. They are paying just under list price, and the HonestDoor Price has softened slightly from its peak. This is not the moment to overprice and hope. It is the moment to price sharp, because the data shows that correctly priced homes here move quickly.

On the rental side, if selling is not on the table, the numbers are still solid. Estimated rent is $4,852 per month, with a rental yield of 4.45%. For a property at this price point, that is a reasonable return. Airbnb potential sits at around $241 per month in supplemental income, and we rank 19th in Edmonton for Airbnb potential - not the top of the list, but respectable.

Bottom line - Quesnell Heights is still one of Edmonton's most prestigious addresses. The market is not running hot right now, but it is not cold either. If you are selling, price it right and move with confidence. If you are staying, pull your HonestDoor Price today and actually know what your home is worth in 2026, not 2024.

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.