HonestDoor

    Tweddle Place, Edmonton - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Edmonton, Tweddle Place

    Tweddle Place, Edmonton: Your Home Is Worth Way More Than the City Thinks

    The Vibe Right Now

    If you have been watching the "For Sale" signs in Tweddle Place, here is what is actually happening. The city has your home assessed at an average of $422,220. The average HonestDoor Price tells a completely different story at $856,205. That is a gap of over 100%. Your property is not worth what the city says it is worth - it is worth roughly double.

    With 591 properties assessed this year and 26 transactions already recorded in 2026, there is real activity here. The neighbourhood is moving, even if it is not sprinting.

    Houses: A Steady Sellers' Market

    For houses in Tweddle Place, the numbers are holding firm. Here is the quick snapshot:

    • Average sale price: $432,200
    • Average listing price this month: $442,450
    • Price per square foot: $380
    • Homes are selling at 100.14% of list price - buyers are paying above asking
    • Average days on market: 28
    • Estimated monthly rent: $2,929 with a rental yield of 5.59%
    • HonestDoor predicted value for houses: $863,077

    Buyers paying over list price is a clear signal - we are in sellers' market territory for houses. The 28-day average time on market is slightly longer than nearby Richfield at 25 days, so the market is taking a small breather, but homes are still moving at a healthy pace. On the neighbourhood leaderboard, Tweddle Place houses rank 27 out of 108 for days-on-market speed. That puts us in the faster-selling tier across Edmonton.

    The one thing to watch: the predicted house value of $863,077 is trending down slightly from the 3-month moving average of $869,968, and recent value change sits at -0.15%. Nothing alarming, but worth keeping an eye on if you are timing a sale.

    Condos: Fast to Sell, But Prices Are Sliding

    The condo picture in Tweddle Place is a different conversation. We need to be straight with you here - condo values are under pressure.

    • Average HonestDoor Price for condos: $153,655 - down 4.74% from last period
    • Average sale price: $245,000
    • Average listing price this month: $215,000
    • Price per square foot: $226
    • Properties sold at 95.35% of list price - buyers are negotiating below asking
    • Average days on market: 23
    • Estimated monthly rent: $886 with a rental yield of 4.35%
    • HonestDoor predicted value for condos: $161,295

    Here is the interesting twist - condos are selling fast. We rank 17 out of 111 on the days-on-market leaderboard across Edmonton. That is genuinely quick. But the price trend is not friendly. The predicted condo value of $161,295 is down from the 3-month moving average of $172,103, and recent value change is -6.37%. On the growth leaderboard, condos rank 294 out of 302 in Edmonton. That is bottom-of-the-pack territory.

    Nearby condos in Michaels Park ($201,714) and Lee Ridge ($199,500) are both priced higher. If you own a condo here and are thinking about selling, sooner is better than later.

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

    Here is the thing about your city assessment - it is a snapshot from the past. It does not update in real time, and it does not reflect what a buyer would actually put on the table today. For houses in Tweddle Place, the average assessed value is $422,220. The average HonestDoor Price is $856,205. That is a difference of over $430,000.

    The HonestDoor Price pulls from real transaction data, current listing activity, and live market signals. It is the real-world check against a static government number. If you are making any decision about your home - selling, refinancing, or just understanding your net worth - the HonestDoor Price is the number you should be looking at, not the one on your tax notice.

    For condos, the HonestDoor Price is actually doing you a favour by flagging the -4.74% drop before it shows up on your next assessment. That is the kind of heads-up that changes your timing.

    The "So What?" - Thinking About Selling This Summer?

    If you own a house in Tweddle Place and are thinking about listing this summer, the conditions are still working in your favour. Buyers are paying above list price, homes are selling in under a month, and the rental yield of 5.59% means investors are paying attention too. Growth ranks 193 out of 292 in Edmonton - below average, yes, but the demand signals are real. Do not wait for the market to get better. It is good right now.

    If you own a condo, the urgency is higher. Values are sliding, the growth rank is near the bottom of the Edmonton leaderboard, and the gap between your HonestDoor Price and nearby neighbourhoods is widening. The silver lining is that condos here are selling fast - 23 days on average. If you price it right, you can still move it quickly. But the window is not getting wider.

    Bottom line for Tweddle Place: house owners are sitting on a strong position. Condo owners should be having a serious conversation about timing. Either way, check your HonestDoor Price today - because the city's number is not the one that pays your mortgage.

    tweddle place | edmonton | august 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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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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