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      Smallwood Drive East, Mount Pearl - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Mount Pearl, Smallwood Drive East

      Smallwood Drive East, Mount Pearl: Your Neighbour Just Got a Price Update. Did You?

      The Vibe - What Is Actually Happening on Our Streets

      If you have been watching the "For Sale" signs in Smallwood Drive East, here is the honest breakdown. The market is not on fire, but it is not cooling off either. It is holding steady - and depending on what you own, the story is a little different.

      For houses, we are in solid shape. The average HonestDoor Price sits at $345,366, up 1.03% from the previous period. The predicted market value is $341,829, which is sitting just above the 3-month moving average of $342,745. That slight dip in the moving average is worth watching, but it is not a red flag - think of it as the market catching its breath after a run. Our growth rank is 11 out of 27 neighbourhoods in Mount Pearl. That puts us in the above-average tier on the neighbourhood leaderboard. Not leading the pack, but well ahead of the middle.

      For condos, we need to be straight with you. The average HonestDoor Price is $304,914, down 0.54%. The predicted value of $306,571 is a significant drop from the 3-month moving average of $367,731 - a shift of -20.80%. The condo growth rank is 19 out of 25 in Mount Pearl, which puts us in below-average territory right now. If you own a condo here, that number deserves your attention.

      • House HonestDoor Price: $345,366 (up 1.03%)
      • House predicted market value: $341,829
      • House rental yield: 5.92% - strong returns
      • House estimated rent: $1,795 per month
      • House Airbnb estimate: $89 per night
      • House growth rank: 11 out of 27 in Mount Pearl (above average)
      • Condo HonestDoor Price: $304,914 (down 0.54%)
      • Condo predicted market value: $306,571
      • Condo rental yield: 4.19% - moderate returns
      • Condo estimated rent: $1,639 per month
      • Condo Airbnb estimate: $81 per night
      • Condo growth rank: 19 out of 25 in Mount Pearl (below average)

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

      Here is the thing most homeowners do not realize. Your city assessment is a snapshot from months - sometimes over a year - ago. It does not know what happened on your street last month. The HonestDoor Price is updated in real time, pulling in current sales activity and market shifts as they happen.

      For house owners in Smallwood Drive East, that difference could mean tens of thousands of dollars sitting on the table uncounted. Your assessment might say one thing. The real world is saying $345,366. That gap is your equity - and you deserve to know it exists.

      For condo owners, the HonestDoor Price is actually doing you a favour right now by flagging the recent value shift early. Waiting for the next tax assessment to tell you what happened is like checking the weather after you are already soaked. Check your HonestDoor Price today so you can make a move on your terms, not the city's timeline.

      The So What - Thinking About Selling This Summer?

      If you own a house in Smallwood Drive East and are thinking about listing this summer, the timing is reasonable. Values are up, the rental yield of 5.92% signals that buyers see real income potential here, and we are priced above every nearby neighbourhood - Centennial Square at $301,742, Glendale East at $308,969, and Whiteley Drive at $265,562. Buyers comparing the area will land on Smallwood Drive East as the premium option. That is a good position to sell from.

      If you own a condo, do not panic - but do not wait either. The -20.80% shift in the moving average is a signal to get informed now. A strong listing price backed by your current HonestDoor Price gives you the best shot at capturing value before the market decides for you. The condo Airbnb rank of 12 in Mount Pearl also means short-term rental income is a real selling point you can put in front of buyers.

      Bottom line - Smallwood Drive East is holding its own in Mount Pearl. Houses are a bright spot. Condos need a closer look. Either way, the smartest move any neighbour can make right now is pulling up their HonestDoor Price and knowing exactly where they stand.

      smallwood drive east | mount pearl | october 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 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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