If you've been watching the "For Sale" signs in Tbd11, the honest answer is this: the market is taking a breather. Values are dipping slightly, but the story is different depending on what you own. Let's break it down for us locals.
The average HonestDoor Price for a house here sits at $792,693. That's down 0.87% from last period, and the predicted value of $799,645 is also slipping below its 3-month moving average of $804,567. So yes, we're seeing a small pullback. Nothing dramatic, but worth knowing before you price anything.
Here's the number that should get landlords' attention though. Rental yield on houses is sitting at 5.06%. That is strong. With estimated rent at $3,612 to $3,632 per month, a house in Tbd11 is still a serious income asset even if the sale price is softening a bit.
On the neighbourhood leaderboard, houses in Tbd11 rank 10th out of 22 comparable Guelph neighbourhoods for growth. That puts us in the upper half. Not leading the pack, but definitely not at the back either.
Condos are a different story. The average HonestDoor Price is $476,292, which is actually up 0.45% from last period - a small green shoot. But the predicted value of $474,146 is running below the 3-month moving average of $490,751, and the recent change of -3.46% tells us the condo segment has been under more pressure.
Rental yield on condos comes in at 3.89% - moderate, not spectacular. Rent estimates land around $2,419 to $2,426 per month. If you own a condo here and you're thinking about renting it out, it works, but the returns are tighter than on the house side.
On the condo leaderboard, Tbd11 ranks 17th out of 23. That's below average for Guelph right now. Compared to nearby Grange Hill East, Waverley, and Tbd4, our condos are actually the most affordable option in the area - which cuts both ways depending on whether you're buying or selling.
Here's the thing about your city assessment. It gets updated on a schedule that has nothing to do with what the market is doing today. By the time that number lands in your mailbox, it can be months or even years behind reality.
The HonestDoor Price is a real-world check. It pulls from current market data and updates in real time. Right now, with house values sitting near $792,693 and condo values near $476,292, knowing your actual number - not the government's stale estimate - is the difference between pricing your home right and leaving money on the table or sitting unsold for weeks.
If your tax assessment says something very different from your HonestDoor Price, that gap is worth a conversation. It affects what you list at, what you negotiate from, and what buyers think is fair.
If you own a house in Tbd11 and you're thinking about selling, the window is real but the pricing has to be sharp. Values are dipping slightly, and buyers know it. Coming in overpriced right now will cost you more time than it saves you in dollars. The HonestDoor Price gives you the honest starting point.
If you own a condo, the market is softer and the competition from nearby neighbourhoods like Grange Hill East and Waverley is real - both are priced slightly higher, which signals stronger demand there. That doesn't mean you can't sell, it means your pricing strategy needs to be tighter and your home needs to show well.
The rental numbers are your backup plan either way. A house yielding 5.06% in this market is not a bad hold. If the summer selling season doesn't deliver the number you want, renting is a legitimate option worth running the math on.
Bottom line - check your HonestDoor Price today. Not next month. The market is moving and your assessment is not keeping up.
tbd11 | guelph | september 2026This 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.