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    Smallwood Drive, Grand Falls-Windsor - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Grand Falls-Windsor, Smallwood Drive

    Smallwood Drive, Grand Falls-Windsor: Here's What Your Home Is Actually Worth Right Now

    The Vibe on the Street

    If you live on Smallwood Drive, the story depends a lot on what type of property you own. Houses and condos are moving in completely different directions right now - and that matters for your wallet.

    Houses: Taking a Breather

    Let's be straight about houses. The average HonestDoor Price sits at $198,499, and it has dipped 1.64% from the previous period. The predicted market value is $201,810, which is sliding below the 3-month moving average of $203,065. That tells us momentum is cooling, not crashing - but it is cooling.

    On the neighbourhood leaderboard, houses here rank 14 out of 17 comparable areas in Grand Falls-Windsor. That puts us near the bottom of the pack for growth right now. Worth knowing before you make any big decisions.

    • Average HonestDoor Price: $198,499
    • Predicted Market Value: $201,810
    • 3-Month Moving Average: $203,065
    • Recent Value Change: -1.70%
    • Growth Rank: 14 out of 17 in Grand Falls-Windsor
    • Estimated Monthly Rent: $1,084 - $1,102
    • Rental Yield: 6.12% (that is a strong return)
    • Airbnb Estimate: $54-$55 per night - ranked 11th in Grand Falls-Windsor

    The silver lining? That 6.12% rental yield is genuinely solid. If you are holding a house here as a rental, the income side of the equation is working in your favour even while prices soften.

    How does Smallwood Drive stack up against the neighbours? Main Street houses average $129,663 and Thirteenth Avenue South sits at $156,492 - both cheaper. Thirteenth Avenue North comes in at $225,650, a step above us. We are in the middle of the pack on price, which means we are not overpriced, but we are not the bargain basement either.

    Condos: A Different Story Entirely

    Condos on Smallwood Drive are doing something interesting. The predicted market value is $411,125 - and that number is actually climbing above the 3-month moving average of $408,650. Recent value change is up 9.46%. That is not a typo.

    • Average HonestDoor Price: $391,900
    • Predicted Market Value: $411,125
    • 3-Month Moving Average: $408,650
    • Recent Value Change: +9.46%
    • Growth Rank: 4 out of 17 in Grand Falls-Windsor (above average)
    • Estimated Monthly Rent: $2,055 - $2,145
    • Rental Yield: 4.01% (moderate, but steady)
    • Airbnb Estimate: $102-$106 per night - ranked 8th in Grand Falls-Windsor

    On the neighbourhood leaderboard, condos here rank 4 out of 17. That puts Smallwood Drive condos among the top performers in the city right now. Nearby Main Street condos average $393,132 and Thirteenth Avenue South sits at $393,049 - we are ahead of both. Even Thirteenth Avenue North at $387,527 is trailing us on the predicted value side.

    The HonestDoor Price of $391,900 versus a predicted value of $411,125 also tells us the market is pricing in future upside. That gap is worth paying attention to.

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

    Here is the thing about your city assessment - it is a snapshot from the past. It gets updated on a fixed schedule, and by the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time using actual sales data and current market signals. It is the difference between checking yesterday's weather forecast and stepping outside to see what it actually feels like.

    For house owners on Smallwood Drive, the HonestDoor Price is showing a softening trend that your last tax assessment almost certainly does not reflect. For condo owners, the opposite is true - your real-world value may already be ahead of what the city has on file. Either way, relying on a static government number to make a six-figure decision does not make sense when a live estimate is available right now.

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

    If you own a house, the honest answer is: the window is not wide open, but it is not shut either. Prices are down 1.70% recently and the trend is pointing lower. Sitting and waiting for a rebound is a gamble when the growth rank is 14 out of 17. If selling is on your radar, sooner is likely better than later while you are still above the $200,000 mark on predicted value.

    If you own a condo, the timing looks more interesting. A 9.46% recent gain and a top-5 growth rank in the city means you have some real leverage in a summer listing conversation. Buyers looking at Main Street or Thirteenth Avenue South condos are paying similar prices - but your trajectory is stronger. That is a story worth telling to the right buyer.

    Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing at it.

    smallwood drive | grand falls-windsor | august 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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    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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