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

      2026-10-16 00:00 · Your HonestDoor Team

      Sherwood Park, Turbo Industrial Estates

      Turbo Industrial Estates, Sherwood Park: Two Very Different Stories Under One Roof

      The Vibe Right Now

      If you own property in Turbo Industrial Estates, you need to pay attention - because depending on what you own, the market is telling you something completely different. Houses and condos here are moving in opposite directions, and knowing which side you're on could be worth serious money.

      Houses: Holding Strong on the Leaderboard

      The average HonestDoor Price for a house in Turbo Industrial Estates sits at $3,596,786 - down a modest 3.10% from the previous period. That sounds like a dip, but here's the bigger picture: the predicted market value is $3,711,986, and that number is climbing above the 3-month moving average of $3,460,224. In plain terms, the short-term trend is pointing up.

      • HonestDoor Price: $3,596,786 (down 3.10% from last period)
      • Predicted Market Value: $3,711,986
      • 3-Month Moving Average: $3,460,224
      • Recent Value Change: up 7.52%
      • Growth Rank: 9 out of 51 neighbourhoods in Sherwood Park - top tier
      • Average Rental Estimate: $10,563 per month
      • Rental Yield: 3.34%
      • Airbnb Estimate: $524 per night
      • Airbnb Rank in Sherwood Park: 11

      That growth rank is the stat we keep coming back to. Sitting at 9 out of 51 puts houses here among the top performers in all of Sherwood Park. For us as homeowners, that means the neighbourhood is not just holding value - it is outpacing most of the competition around us.

      For context, nearby Cambrian Crossing averages $816,400 and Emerald Hills sits at $569,782. We are in a completely different weight class. Even Lakeland Village and Jubilee Landing, which comes in at $4,184,700, is only modestly ahead.

      Condos: Taking a Breather - and Then Some

      The condo picture is a harder conversation. The average HonestDoor Price is $10,656,500, up 7.36% from the previous period - which sounds great on the surface. But the predicted market value has pulled back to $9,926,400, sitting below the 3-month moving average of $10,505,600. Recent value change is down 9.57%, and the growth rank is 37 out of 37 in Sherwood Park. Dead last.

      • HonestDoor Price: $10,656,500 (up 7.36% from last period)
      • Predicted Market Value: $9,926,400
      • 3-Month Moving Average: $10,505,600
      • Recent Value Change: down 9.57%
      • Growth Rank: 37 out of 37 neighbourhoods in Sherwood Park - bottom of the board
      • Average Rental Estimate: $18,700 per month
      • Rental Yield: -0.06%
      • Airbnb Estimate: $930 per night
      • Airbnb Rank in Sherwood Park: 3

      That rental yield of -0.06% is a flag worth noting. At this price point, the numbers are not working in a landlord's favour right now. The one bright spot is the Airbnb rank - sitting at 3 in all of Sherwood Park means short-term rental demand here is real. If you own a condo and are not exploring that option, you are leaving money on the table.

      The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

      Here is the thing about government assessments - they are a snapshot from months ago, sometimes longer. The market does not wait for paperwork. The HonestDoor Price updates in real time, which means it reflects what a buyer would actually pay today, not what a city assessor decided last year.

      In a neighbourhood like Turbo Industrial Estates, where house values are showing a 7.52% recent swing and condo values have moved 9.57% in the other direction, relying on a static assessment is genuinely risky. You could be underpricing a sale, over-insuring a property, or making investment decisions based on stale data. The HonestDoor Price is the real-world check that keeps us honest about what our properties are actually worth right now.

      The So What - Thinking About Selling This Summer?

      If you own a house here, the timing conversation is worth having. A growth rank of 9 out of 51 in Sherwood Park means buyer interest is real, and the predicted value trending above the 3-month average suggests momentum. Summer inventory typically tightens, which works in a seller's favour. This is not a bad window.

      If you own a condo, the honest answer is that the market is under pressure right now. A 9.57% recent value drop and a last-place growth rank are not signals to ignore. That does not mean you cannot sell - it means you need your pricing to be sharp and your HonestDoor Price to be current. An outdated number in a softening market is how sellers leave money behind.

      Either way, the first move is the same - check your HonestDoor Price today, compare it to your last assessment, and know the real gap before you make any decisions.

      turbo industrial estates | sherwood park | october 2026

      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.

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