If you own a home in Tbd8 and you haven't checked your HonestDoor Price lately, now is the time. The market here is shifting - not crashing, but definitely taking a breather - and the gap between what the city thinks your home is worth and what a buyer would actually pay is widening. Here is the real picture.
We are not all in the same boat right now, and that matters depending on what you own.
Houses in Tbd8 are sitting at an average HonestDoor Price of $721,314 - down a slight 0.19% from last period. That sounds small, but the 3-month moving average tells a sharper story. The predicted value of $722,653 is running below that $743,538 moving average, and values have dipped 2.81% recently. The direction is clear: house prices here are sliding. On the neighbourhood leaderboard, houses rank 21 out of 22 for growth in Guelph. That puts us near the bottom of the pack right now.
The silver lining? If you own a house and rent it out, the numbers still work. Estimated rent hits $3,357 per month with a rental yield of 5.21%. That is a strong return. Airbnb clocks in at $167 per night, ranking 21st in Guelph for short-term rental potential.
Condos in Tbd8 are a different conversation entirely. The average HonestDoor Price jumped 5.25% to $486,939. That is real movement. On the growth leaderboard, condos rank 8 out of 23 neighbourhoods in Guelph - solidly above average. Yes, the predicted value of $462,636 is still below the 3-month moving average of $483,054, but the upward momentum in the HonestDoor Price is a signal worth watching. Rental yield sits at 3.91% with estimated rent of $2,467 per month - moderate, but steady.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that house values in Tbd8 have moved 2.81% in recent months. It does not know that condo prices just popped 5.25%. The HonestDoor Price updates in real time, pulling from actual market activity. That means it reflects what a buyer would put on the table today, not what a government office calculated months or years ago.
For house owners, this is especially important right now. If your tax assessment is higher than your HonestDoor Price, you could be overpaying on property taxes. That is money back in your pocket if you challenge it. For condo owners riding that 5.25% bump, your HonestDoor Price is likely ahead of your assessment - and that is useful to know before you list.
Check your HonestDoor Price now. It is the real-world check that your assessment simply cannot give you.
If you own a house in Tbd8 and selling this summer is on your mind, do not wait for the market to turn around on its own. Sitting at rank 21 out of 22 for growth means buyers have options nearby. Parkwood Gardens averages $791,484 and West Willow Woods hits $830,027 - both pulling buyers who want more for their money. Pricing sharp and moving quickly is the play right now. A house that lingers gets offers that sting.
If you own a condo, the story is more encouraging. That 5.25% price increase puts you in a stronger negotiating position than most of your neighbours across Guelph. Rank 8 out of 23 is not the top, but it is not the bottom either. Summer inventory tends to rise, so listing before the back-to-school slowdown hits in August makes sense.
Either way, the first step is knowing your actual number. Pull your HonestDoor Price, compare it to what is selling on your street, and make a decision based on today's market - not last year's assessment.
tbd8 | 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.