"Our condos are holding their own - but the city's numbers are already behind."
If you've been watching the "For Sale" signs around here, here's the honest picture. We had 1 condo sell recently, with an average sale price of $435,000 - that's down 13.0% from last month. Before you panic, one sale does not make a trend. With only 1 transaction to measure, that number swings hard on a single deal. Take it as a data point, not a verdict.
What's more telling is the day-to-day picture. Our predicted market value sits at $271,146, and it's actually ticking up - beating the 3-month moving average of $269,490. That's a quiet but real sign that underlying demand hasn't walked away. We also saw 5 total property transactions in 2026, which ranks us 3rd in Cochrane for transaction volume. That's not a sleepy market. People are moving.
Here's the thing most of us don't think about until it's too late. Your city assessment is a snapshot from months ago - sometimes longer. It doesn't know what happened on your street last week. The HonestDoor Price is updated in real time, pulling in actual transaction data to give you a live read on what your place is worth right now.
Right now, the average HonestDoor Price in Sunset Ridge Work Live Condos is $283,511 - and it's up 4.56% from the previous period. That's real movement that a static government assessment simply won't reflect yet. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - waiting for the next tax assessment means you're flying blind.
Compare that to our neighbours. Sunset Ridge is sitting at a HonestDoor Price of $264,705. Sunterra Ridge Estates comes in at $264,145. Glenbow Landing Condos is at $211,651. We're priced above all three. That premium is real, and the HonestDoor Price is the tool that actually shows it.
Straight talk: if you're considering listing this summer, the timing has some real nuance to it. Our growth rank is 14 out of 18 comparable neighbourhoods in Cochrane - that puts us in the below-average tier on the neighbourhood leaderboard for price growth. That's not a crisis, but it does mean we're not the hottest horse in the race right now.
The flip side? Our price rank is 4 out of 15 in Cochrane - that's above average. We're not cheap, and buyers know it. That means your listing needs to be priced sharp and presented well to compete. A rental yield of 4.23% and an estimated rent of $1,455 per month gives investor buyers a real reason to look here. Lead with that angle if your unit fits the profile.
The Airbnb rank of 13 in Cochrane and a nightly estimate of $76 is a secondary story - not a headline, but worth mentioning to the right buyer. Short-term rental potential adds a layer of flexibility that pure residential units can't offer.
Bottom line: check your HonestDoor Price before you call an agent. It's the real-world number - not the one the city mailed you six months ago. Knowing where you actually stand is the first move any smart seller makes.
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.