HonestDoor

    Silverdale, Mission - September 2026 Real Estate Report

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

    Mission, Silverdale

    Silverdale, Mission: Your Home Is Worth More Than the City Thinks - But the Market Is Catching Its Breath

    The Vibe Right Now

    If you have been watching the "For Sale" signs in Silverdale lately, here is what is actually happening. The market is not crashing - it is just taking a breather. The average HonestDoor Price for a house sits at $1,478,911, which is real money. But that number has dipped 1.49% from the previous period, and the 3-month moving average of $1,502,228 confirms the direction: values are easing off slightly, not falling off a cliff.

    On the sales side, we saw 2 houses change hands recently, with an average sale price of $1,052,500. Price per square foot is holding at around $612. Five total transactions were recorded in Silverdale in 2026 across 447 assessed properties. That is a thin sales volume, which means every deal carries extra weight in how the numbers move.

    • Average HonestDoor Price (Houses): $1,478,911
    • Average Sale Price: $1,052,500
    • Price Per Square Foot: $612
    • Predicted Market Value: $1,501,238
    • 3-Month Moving Average: $1,502,228
    • Neighbourhood Growth (Year Over Year): -0.02%
    • Growth Rank in Mission: 11 out of 12
    • Price Rank in Mission: 5 out of 9

    On the neighbourhood leaderboard, Silverdale sits 11th out of 12 comparable areas for growth. That puts us near the bottom of the pack right now. Price-wise, we land at 5th out of 9 - below average for Mission. That is the honest read. No spin.

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

    Here is the thing most Silverdale homeowners do not realize. The city's average assessed value for a home here is $1,384,197. Your HonestDoor Price is $1,478,911. That is a gap of nearly $95,000 - or 6.84% higher than what the government has on file.

    Tax assessments are a snapshot frozen in time. They are based on data that can be months or even over a year old by the time it lands in your mailbox. The HonestDoor Price pulls from real-world sales activity and current market signals to give you a live read on what your home is actually worth today. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the assessment number alone is leaving money on the table in terms of your understanding of what you actually own.

    Silverdale also ranks 4th in Mission for Airbnb potential, with an estimated $265 per night and around $270 in monthly Airbnb income. Rental estimates come in at $5,346 per month, with a rental yield of 4.37%. That is a moderate return - not a home run, but steady. If you own here and have not thought about the income angle, it is worth a look.

    The So What - Thinking About Selling This Summer?

    If selling is on your mind, here is the straight talk. Silverdale is not the hottest market in Mission right now - that leaderboard ranking of 11 out of 12 for growth tells you the momentum is not in your corner at this exact moment. But your home is still worth significantly more than the city says it is, and that gap matters when you are pricing a listing.

    Compared to nearby neighbourhoods, Keystone is running hotter with a predicted value of $1,745,507 versus Silverdale's $1,501,238. Cedar Valley and Fraser Corridor are both cheaper, so Silverdale still holds a premium position in the local pecking order. You are not at the bottom - you are in the middle, leaning toward the upper end on price.

    The practical advice: do not price off your tax assessment. It undervalues your home by nearly $95,000 on average. Use your HonestDoor Price as the starting point for any conversation with an agent. With only 5 transactions in Silverdale so far in 2026, comparable sales are scarce - which means a well-priced listing stands out fast. Thin inventory cuts both ways. Price it right and you have less competition. Price it wrong and it sits.

    Bottom line - Silverdale is a premium address in Mission with real rental and short-term income potential. The growth engine is idling right now, but the asset value is still well ahead of what the city has on the books. Know your real number before you make any move.

    silverdale | mission | 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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