HonestDoor

    Sullivan Ave Area, Gander - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Gander, Sullivan Ave Area

    Sullivan Ave Area, Gander: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you live on Sullivan Ave and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. Houses here are averaging $308,308 - up 7.42% from the previous period. That's not a small bump. That's real equity building in your driveway.

    On the condo side, the average HonestDoor Price sits at $412,400, up 4.94%. Condos here are actually holding their own against every nearby neighbourhood - Fraser Road, Brown Crescent, and Gander Gardens all come in cheaper. That's a strong position to be in.

    Houses vs. Condos - Here's the Breakdown

    For houses, we're looking at a predicted market value of $287,019, nudging up from a 3-month moving average of $286,611. The market is moving in the right direction - slowly but steadily. On the neighbourhood leaderboard, Sullivan Ave Area houses rank 4 out of 12 in Gander for growth. That puts us solidly in the above-average tier. Not flashy, but consistent - and consistent wins.

    • Average HonestDoor Price (Houses): $308,308
    • Recent price change: +0.99%
    • Estimated rent: $1,520/month
    • Rental yield: 6.00% - strong returns
    • Airbnb potential: $76/month
    • Growth rank: 4 out of 12 in Gander

    For condos, the story is a bit more nuanced. The predicted value of $393,000 is sitting below the 3-month moving average of $521,133, and there's been a recent dip of -9.51%. That sounds alarming, but here's the context - Sullivan Ave condos still rank 2 out of 11 in Gander for growth. That means even with the short-term softness, we're near the top of the leaderboard. The fundamentals are there.

    • Average HonestDoor Price (Condos): $412,400
    • Recent price change: -9.51%
    • Estimated rent: $2,060/month
    • Rental yield: 4.04% - moderate returns
    • Airbnb potential: $100/month
    • Growth rank: 2 out of 11 in Gander

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

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that house prices on Sullivan Ave just climbed 7.42%. It doesn't update every few months. It just sits there, frozen in time, while the actual market keeps moving.

    Your HonestDoor Price is the real-world check. It pulls from current sales data and recalculates regularly. So when your neighbour's house sells for more than anyone expected, your HonestDoor Price already knows about it. Your tax assessment? Still catching up.

    If you're using your assessment to decide whether to sell, refinance, or even just figure out where you stand - you're working with old numbers. Check your HonestDoor Price instead. It's the difference between guessing and actually knowing.

    The "So What?" - Thinking About Selling This Summer?

    Honestly? The timing isn't bad. Houses are up over 7% and sitting in the top third of Gander neighbourhoods for growth. Compared to Gander Gardens Area at an average of $267,154, Sullivan Ave is commanding a real premium. That gap matters when you're negotiating.

    If you own a condo, the short-term dip is worth watching - but a top-2 growth rank out of 11 neighbourhoods tells you this isn't a neighbourhood in trouble. It's a neighbourhood taking a breather. Buyers who know Gander know that.

    The rental numbers also work in your favour if selling isn't the plan. A 6.00% rental yield on a house is genuinely strong. That's the kind of number that attracts serious investors, which keeps demand - and your price - healthy.

    Bottom line: Sullivan Ave is not a neighbourhood you need to panic-sell in. But if you've been sitting on equity and waiting for the right moment, the data right now is telling you to at least have the conversation.

    sullivan ave area | gander | july 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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