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    Riverview, Riverview - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Riverview, Riverview

    Riverview Real Estate Right Now: What Your Neighbours Aren't Telling You

    The Vibe in Riverview

    If you've been watching the "For Sale" signs in Riverview lately, here's what's actually happening. The market is taking a breather - but it's not falling apart. Depending on whether you own a house or a condo, the story looks pretty different. Let's break it down for us locals.

    Houses: Affordable, Growing, and Quietly Competitive

    Houses in Riverview are holding their ground. The average HonestDoor Price sits at $377,103, and while that's down 2.16% from the previous period, the predicted market value of $386,098 is actually trending up from the 3-month moving average of $380,463. That gap matters - it means the short-term dip looks like a blip, not a trend.

    On the neighbourhood leaderboard, Riverview houses rank 2 out of 8 for growth rate among comparable areas. That puts us in above-average territory. For price, we rank 3 out of 3 - meaning we're among the most affordable in the comparison set. That combo - strong growth, lower entry price - is exactly what buyers are hunting for right now.

    • Average HonestDoor Price: $377,103 (down 2.16%)
    • Predicted Market Value: $386,098
    • 3-Month Moving Average: $380,463
    • Average Sale Price: $198,000
    • Price Per Square Foot: $198
    • Estimated Monthly Rent: $1,919
    • Rental Yield: 5.88% - strong returns
    • Airbnb Rank in Riverview: 6
    • Total Transaction Rank in Riverview: 3
    • Transactions in 2026: 20

    That 5.88% rental yield is worth pausing on. If you're an investor or thinking about renting your place out, Riverview houses are punching above their weight. Nearby, Riverview Heights averages $523,675 and West Riverview sits at $389,148 - we're the more affordable option with comparable rental income potential at $1,873 per month.

    Condos: The High-End Outlier Taking a Breather

    Condos in Riverview are a different story. The average HonestDoor Price is $575,000, down 7.50% from the previous period. The predicted market value of $621,600 is also sliding - it's below the 3-month moving average of $644,900. That's a real correction, not just noise.

    Here's the context though: Riverview condos rank 1 out of 2 for growth rate among comparable condo neighbourhoods. And compared to nearby areas like West Riverview ($431,396), Moncton ($388,100), and Canadian Heights ($308,300), Riverview condos are priced at a significant premium. That premium is compressing right now.

    • Average HonestDoor Price: $575,000 (down 7.50%)
    • Predicted Market Value: $621,600
    • 3-Month Moving Average: $644,900
    • Estimated Monthly Rent: $3,030
    • Rental Yield: 3.60% - moderate returns
    • Airbnb Estimate: $140 per night
    • Airbnb Rank in Riverview: 1 - top of the list

    The one bright spot for condo owners? Riverview holds the top Airbnb rank in the area. At $140 per night, short-term rental income is a real lever if you're carrying a higher-priced unit through a softer stretch.

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

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to condo prices in the last quarter. It doesn't know that house values in Riverview are trending upward on a 3-month basis even while the headline number dipped. It's basically a photograph from last year telling you what your house looks like today.

    The HonestDoor Price is updated in real time using actual transaction data and current market signals. For houses, that means the $377,103 average already reflects the recent softness - and the $386,098 predicted value tells you where things are likely heading. For condo owners, it's an honest look at a 7.50% correction that your tax bill won't show you until it's old news.

    Knowing your real number right now - not the government's number from months ago - is the difference between pricing your home right and leaving money on the table or sitting on the market too long.

    So What Does This Mean If You're Thinking About Selling This Summer?

    For house sellers, the timing is actually decent. You're in one of the more affordable neighbourhoods in the comparison set, your growth rank is strong, and the predicted value is climbing. Twenty transactions already logged in 2026 means buyers are active. Price it sharp and you won't be waiting long.

    For condo sellers, be honest with yourself. A 7.50% drop and a predicted value sliding below the 3-month average means the window of peak pricing has passed - for now. That doesn't mean don't sell. It means price it for today's market, not last year's. Buyers are comparing you directly to West Riverview and Moncton condos that are coming in significantly cheaper. Your edge has to be condition, location, or short-term income potential - and that Airbnb rank of 1 is a real selling point worth putting front and centre.

    Bottom line: check your HonestDoor Price before you do anything else. It's the real-world number - not the one the city mailed you.

    riverview | riverview | september 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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