If you own property in Sherwood Industrial Estates, the story is more interesting than it looks at first glance. Yes, the average HonestDoor Price sits at $2,017,971 - and yes, that is down 27.16% from the previous period. That is a real number and we are not going to sugarcoat it. But here is the other side of that coin: the predicted market value for houses in this neighbourhood is $2,770,455, and that number is climbing. The 3-month moving average is $2,670,238, and we are already above it. The market is moving in the right direction for owners who are paying attention.
This is an industrial estate, so we are talking houses and commercial-adjacent properties - not a condo market. What we have here is a niche pocket of Sherwood Park where the asset values are significant and the buyer pool is specific. That cuts both ways. Fewer buyers means fewer transactions - just 1 recorded in 2026 so far. But it also means when a deal gets done, it gets done at serious numbers.
Here is a stat worth putting on the fridge. Sherwood Industrial Estates ranks 8 out of 54 comparable neighbourhoods in Sherwood Park for growth. That puts us in the top 15% of the entire city. While the broader market is sorting itself out, this neighbourhood is quietly outperforming most of the competition. That is not spin - that is the data.
Here is the thing about government assessments: they are a snapshot from months ago, sometimes longer. They do not know that values in Sherwood Industrial Estates are trending upward right now. They do not know the 3-month moving average is being outpaced by current predicted values. Your tax assessment is essentially a history lesson.
The HonestDoor Price is a real-world check - updated to reflect what is actually happening in the market today, not what happened last year. With a predicted value of $2,770,455 against an average HonestDoor Price of $2,017,971, there is a meaningful gap worth understanding before you make any decisions. That gap is your starting point for any serious conversation about what your property is actually worth right now.
For context, look at the neighbours. Laurin Industrial is averaging $6,644,535. Knightsbridge Industrial sits at $3,499,958. Morris Industrial comes in at $414,837. Sherwood Industrial Estates lands in the middle of that range - which tells you this is not a fringe market. It is a legitimate mid-tier industrial asset class with real income potential.
If selling is on your radar, the timing conversation is worth having now. Values are ticking up - 3.33% recently - and the predicted value is ahead of the moving average. That is momentum. It is not a frenzy, but it is movement in your favour.
With only 1 transaction recorded in 2026 so far, inventory is tight. Tight inventory in a niche market can work for a seller - fewer competing listings means your property gets more attention. The rental yield of 4.14% and a monthly rent estimate of $7,403 also give you a strong story to tell income-focused buyers who are running the numbers.
The bottom line: do not wait for your next assessment notice to find out what your property is worth. Pull your HonestDoor Price today, compare it against the predicted value, and you will have a much clearer picture of where you actually stand heading into summer.
sherwood industrial estates | sherwood park | august 2026This 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.