If you own a condo in Sunrise Village, here is the honest picture. The market is not on fire, but it is not falling apart either. We are sitting in steady, stable territory - which sounds boring until you realize that "stable" in this market means your unit is still holding real value.
The average sale price for condos here is sitting at $365,000, with active listings averaging $368,000. Buyers are paying 99.18% of list price, which means they are getting a small discount - but only a small one. That is not a collapse. That is a negotiation. Properties are moving in an average of 9 days, which tells us demand is still real. For context, that is slightly slower than nearby South Business Park at 6 days, but we are still talking about less than two weeks to a sold sign.
Here is where Sunrise Village gets interesting. On price, we rank 2 out of 18 comparable neighborhoods in Stony Plain. That puts us near the top of the board for condo values in this city. On days-on-market speed, we rank 3 out of 15 - meaning our condos sell faster than almost everyone else around us. Those are two genuinely strong stats to have in your back pocket.
On growth, we rank 16 out of 32 - right in the above-average zone. Not leading the pack, but not getting left behind either. Think of it as a steady mid-table finish. Consistent, not flashy.
Compare that to nearby neighborhoods and the picture gets clearer. Sandstone Estates and South Business Park are priced much higher, but St. Andrews comes in cheaper at an average HonestDoor Price of $290,562. Sunrise Village sits comfortably between the two extremes - accessible pricing with strong demand.
Here is the thing about your city assessment. It is a snapshot from the past. It gets updated once a year, sometimes reflects conditions from 12 to 18 months ago, and it has no idea what your neighbor's unit just sold for last week.
The HonestDoor Price for condos in Sunrise Village is currently $373,383 - up 1.18% from the previous period. That is a live, real-world number that moves with the market. The predicted market value right now sits at $369,035. Your tax assessment is not telling you that. It is not tracking the 3-month moving average of $369,691 either. Only the HonestDoor Price is doing that work in real time.
If you are making any financial decision - refinancing, selling, even just curious about your equity - the HonestDoor Price is the number to check first. It is the difference between guessing and actually knowing.
Here is the straight talk. The predicted market value has dipped slightly - down 0.65% recently, and sitting just below the 3-month moving average. That is not a alarm bell, but it is a signal worth paying attention to. The market is taking a breather.
If you are thinking about listing this summer, the case for moving sooner rather than later is real. Condos here are still selling fast - 9 days on average. Buyers are still paying close to full price. And at rank 2 out of 18 on price, Sunrise Village condos carry genuine weight in the Stony Plain market.
Waiting to see if prices climb back up is a gamble. Listing while demand is still active and days-on-market is still low - that is a strategy. Check your HonestDoor Price today, compare it to what is listed in your building, and make a call based on real numbers, not last year's assessment letter.
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.