Turbo Industrial Estates, Sherwood Park - July 2026 Real Estate Report

Turbo Industrial Estates, Sherwood Park: What Your Property Is Actually Worth Right Now

The Vibe on the Ground

If you own property in Turbo Industrial Estates, you already know this is not your average Sherwood Park neighbourhood. The numbers back that up. We are talking about some of the highest property values in the region, and the gap between what the city thinks your place is worth and what the market says is wide enough to matter to your wallet.

Houses - Taking a Breather, But Still Heavy Hitters

The average HonestDoor Price for a house here sits at $3,216,257 - up 5.51% from the previous period. That is the good news. The real-time predicted value is currently at $3,048,243, which is running below the 3-month moving average of $3,206,981. In plain terms, house values have dipped about 3.53% recently. The market is taking a breather.

On the neighbourhood leaderboard, houses rank 42 out of 54 comparable neighbourhoods in Sherwood Park for growth. That puts us in below-average territory right now for momentum. Worth knowing before you make any big moves.

• Average HonestDoor Price: $3,216,257
• Predicted Market Value: $3,048,243
• 3-Month Moving Average: $3,206,981
• Recent Value Change: -3.53%
• Estimated Monthly Rent: $9,420
• Rental Yield: 3.53%
• Airbnb Potential: $489 per night
• Airbnb Rank in Sherwood Park: 12
• Growth Rank: 42 out of 54

For context, nearby Cambrian Crossing averages $783,333 and Emerald Hills sits at $572,753. We are in a completely different price tier. That also means our market moves differently - and slower comparisons to those neighbourhoods do not tell our story.

Condos - Big Numbers, But Watch the Trend

Condos in Turbo Industrial Estates are operating at a scale most Sherwood Park neighbourhoods never see. The average HonestDoor Price is $10,613,400, up 3.43% from the previous period. The predicted value right now is $10,261,800, sitting below the 3-month moving average of $10,600,233. Values have shifted -7.24% recently. That is a notable pullback and worth paying attention to.

On the leaderboard, condos rank 27 out of 37 comparable neighbourhoods for growth. Below average. The rental yield is sitting at -0.10%, which signals that at current price levels, the rent-to-value math is extremely tight.

• Average HonestDoor Price: $10,613,400
• Predicted Market Value: $10,261,800
• 3-Month Moving Average: $10,600,233
• Recent Value Change: -7.24%
• Estimated Monthly Rent: $18,380
• Rental Yield: -0.10%
• Airbnb Potential: $925 per night
• Airbnb Rank in Sherwood Park: 3
• Growth Rank: 27 out of 37

For comparison, nearby Yellowhead East Sherwood Business Park averages $19,154,700 - so there is a higher tier above us. Emerald Hills at $599,201 and Clover Bar Area at $193,325 are in a completely different league below us. We sit in the middle of a very high-value commercial corridor.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Your city assessment is a snapshot taken months ago using broad formulas. It does not know what happened in your specific corner of Turbo Industrial Estates last quarter. The HonestDoor Price is updated in real time using actual market signals. Right now, with values shifting on both houses and condos, the gap between your assessment and your real-world value could be significant - in either direction.

If your assessment is higher than your HonestDoor Price, you may be overpaying on property taxes. If it is lower, you are sitting on equity the city has not caught up to yet. Either way, you need the current number - not last year's guess.

The So What - Thinking About Selling This Summer?

Here is the straight talk. Both houses and condos are trending below their 3-month averages right now. That means if you were hoping to catch a peak, that window may have just passed for this cycle. Sitting and waiting could mean selling into a further softening market.

That said, the absolute values here are still enormous compared to most of Sherwood Park. A house at $3 million-plus and a condo at $10 million-plus means even a small percentage move is a large dollar amount. Timing matters more here than almost anywhere else in the region.

If you are serious about selling this summer, get your HonestDoor Price pulled now. Know your real number. Then decide - do not let a stale assessment be the thing that costs you on the biggest transaction of your year.

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.