Sandstone Estates, Stony Plain - August 2026 Real Estate Report

Sandstone Estates, Stony Plain: Here Is What Your Home Is Actually Worth Right Now

If you live in Sandstone Estates and you have not checked your HonestDoor Price lately, this is your nudge. The numbers tell two very different stories depending on whether you own a house or a condo - and both are worth paying attention to.

The Vibe: Houses vs. Condos

Houses - Steady, Not Flashy

Our house market is doing what a lot of us quietly hope for: holding its ground. The average HonestDoor Price sits at $329,993, up 6.05% from the previous period. That is real money added to real equity. Homes are selling at exactly list price - a 100% sale-to-list ratio - which tells us buyers are not lowballing and sellers are not overreaching. That is a balanced market in plain English.

• Average HonestDoor Price: $329,993 (up 6.05%)
• Average sale price this month: $315,000
• Price per square foot: $275
• Average days on market: 10 days
• Sale-to-list ratio: 100%
• Estimated monthly rent: $1,758
• Rental yield: 5.99% - that is a strong return
• Growth rank: 10 out of 39 neighbourhoods in Stony Plain

Ten days on market is not bad, but South Business Park is moving homes in 6 days right now. That gap is worth watching. We are not in a frenzy, but we are not stale either. Think of it as the market taking a breather while still rewarding well-priced listings.

Compared to neighbours, we are beating Stonegate Place on sale price ($315,000 vs. $305,000 sold) and sitting in a comfortable middle ground on price - ranked 22 out of 31 neighbourhoods, which means there is still room to grow without being priced out of reach for buyers.

Condos - The Quiet Overachiever

This is where Sandstone Estates gets interesting. Condo values here are in a completely different league. The average HonestDoor Price for condos is $1,695,300. Yes, that number is correct. While that figure dipped 1.99% recently, the predicted market value is actually climbing - sitting at $1,729,700, up from a 3-month moving average of $1,683,833.

• Average HonestDoor Price: $1,695,300 (down 1.99% recently)
• Predicted market value: $1,729,700 (trending up)
• Estimated monthly rent: $6,030
• Airbnb estimate: $300 per night
• Airbnb rank in Stony Plain: 2nd out of all neighbourhoods
• Growth rank: 3 out of 33 neighbourhoods in Stony Plain
• Recent value change: 3.03%

A growth rank of 3 out of 33 puts our condo segment on the neighbourhood leaderboard - top tier in Stony Plain. Every comparable neighbourhood nearby, including South Business Park, Sunrise Village, and Stonegate Place, is priced lower. If you own a condo here, you are sitting at the top of the local market.

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

Here is the thing about your municipal assessment: it is a snapshot from the past. The city looks at sale data from months ago, runs it through a formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price is updated in real time using current sales, local trends, and live market signals. For houses in Sandstone Estates, that means the difference between a static government number and a figure that already reflects the 6.05% price increase we have seen. For condo owners, it means knowing your property is tracking toward $1,729,700 - not whatever last year's assessment said.

If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the number to start with, not the one on your tax notice.

The So What: Thinking About Selling This Summer?

For house owners, the timing is reasonable. Homes are selling at full asking price, the average is 10 days on market, and buyers are active. You are not going to get a bidding war frenzy, but you are also not going to sit and wait. Price it right at current market value and you are in good shape.

A few things to keep in mind before you list:

• Your HonestDoor Price of $329,993 is your starting point for a realistic conversation with your agent
• Buyers are comparing you to Stonegate Place, where sold prices are running at $305,000 - your neighbourhood has the edge
• At $275 per square foot, condition and presentation matter - buyers are paying attention to value
• If you are not ready to sell, the 5.99% rental yield means renting is a genuinely solid backup plan

For condo owners, the story is different but just as compelling. You are in a top-3 growth neighbourhood for condos in all of Stony Plain. The predicted value is rising. The Airbnb potential ranks 2nd in the city. If you are thinking about selling, you have leverage - just make sure your listing price reflects where the market is heading, not where it was six months ago.

Bottom line: Sandstone Estates is not making headlines, but it is quietly doing the right things. Check your HonestDoor Price, know your number, and make your move from a position of real information.

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.