If you've been watching the "For Sale" signs in Sun Meadows, here's what's actually happening. We're sitting in a stable buyers' market - but that doesn't mean sellers are losing. Houses here are averaging a sale price of $480,000, and the average list price is $499,900. Buyers are landing deals at about 96 cents on the dollar, which is pretty normal for a healthy, grounded market. Nobody's panicking. Nobody's overpaying. It's steady.
The other number worth noting: homes are moving in an average of 11 days. That's quick. In a town like Stony Plain, that tells us Sun Meadows has real demand behind it - not just wishful listing prices.
Here's the thing about government assessments: they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price for Sun Meadows is currently $403,798 - and it's up 3.55% from the previous period. That's a real-time number, updated to reflect what buyers are actually doing right now, not what a city assessor estimated months ago.
The predicted market value for houses sits at $389,942. That's slightly below the HonestDoor Price, and it's worth paying attention to the direction - the 3-month moving average is $394,318, which means values have dipped slightly in the short term. But the HonestDoor Price is your best real-world check on what your home is actually worth if you listed it today. Don't let a stale assessment be the number you anchor to when making a six-figure decision.
Sun Meadows ranks 13 out of 39 neighbourhoods in Stony Plain for growth. That puts us in the above-average tier - not the flashiest name on the board, but solidly in the top third. For price, we rank 9 out of 31, which means we're above average in what homes command here. And for days on market, we rank 6 out of 23 - meaning homes here sell faster than most of Stony Plain.
Compare that to the neighbours. Silverstone is sitting at an average HonestDoor Price of $542,213 - noticeably higher. Brickyard comes in at $479,369, just a step above us. Cove Properties is the budget option at $219,200. Sun Meadows lands in a comfortable middle ground - more accessible than Silverstone, but with stronger fundamentals than Cove.
If you're weighing a summer sale, the numbers are actually in your corner. Homes are selling in 11 days on average, buyers are serious, and the sale-to-list ratio of 96% means you're not going to get lowballed into oblivion. Price it right and you'll move it fast.
The rental picture also adds a layer of value here. Estimated rent is $2,065 per month with a rental yield of 5.81%. That's a strong return - the kind of number that attracts investors, which means your buyer pool isn't just families looking to move in. It includes people running the math on long-term income.
Bottom line: Sun Meadows isn't the loudest neighbourhood in Stony Plain, but it's punching above its weight. Fast sales, above-average pricing, and a HonestDoor Price that's trending up. If you've been sitting on the fence, this summer is a reasonable time to have that conversation - starting with checking your HonestDoor Price today.
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.