If you own a house in Tbd5, you are sitting in a pretty good spot. The market here is not flashy, but it is working. One house sold recently, it was gone in 2 days, and the buyer paid 102.57% of the asking price. That means someone paid more than list to get in. That is not a slow market - that is a sellers' market doing its job quietly.
Condos are a different story. Values have dipped 2.36% recently, and the predicted market value of $726,450 is actually running below the 3-month average of $803,790. If you own a condo here, that gap is worth paying attention to.
Here is how the two property types stack up in Tbd5 right now:
We are seeing two very different stories on the same streets. Houses are holding strong and moving fast. Condos are taking a breather. If you own both, treat them as separate conversations.
Here is where Tbd5 sits compared to the rest of Guelph - and this part matters if you are thinking about timing a sale.
For context, nearby Old University has a predicted house value of $1,006,026 - higher than our $903,513. Hanlon Creek and Tbd6 are both priced below us. We are in the middle of the pack on price, but punching above our weight on speed and growth for houses.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that a house on your street just sold in 2 days above asking. It does not update when the market moves.
The HonestDoor Price is a real-world check. It pulls in current sales data, market trends, and what buyers are actually paying right now. For houses in Tbd5, that number is $927,985 - up 2.71% from the previous period. Your tax assessment is probably not reflecting that. If you are making any financial decision - refinancing, selling, even just figuring out your net worth - the HonestDoor Price is the number to start with, not the one the city mailed you.
Condo owners, this cuts both ways. The HonestDoor Price for condos is $751,820, but the predicted market value is sitting at $726,450 and trending down. That is useful information before you price a listing. Better to know now than to find out after 60 days on market.
If you own a house in Tbd5, the conditions are about as good as they get. Buyers are paying over asking. Properties are gone in 2 days. Growth ranks 5th in the city. If selling has been on your mind, this summer is not a bad time to stop thinking and start doing.
If you own a condo, slow down a little. The recent dip of 2.36% and a predicted value below the 3-month average suggest the condo side of this neighbourhood is cooling off. That does not mean do not sell - it means price it right from day one. An overpriced condo in a softening micro-market will sit. A well-priced one will not.
Either way, the first step is the same - check your HonestDoor Price today. Not last year's number. Today's. That is the only starting point that makes sense in a market moving this fast.
tbd5 | guelph | july 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.