University Of Alberta, Edmonton - September 2026 Real Estate Report

University Of Alberta, Edmonton: Your Neighbours Are Watching Their Home Values Climb - Are You?

The Vibe Right Now

If you live in University Of Alberta and you haven't checked your home's value lately, here's the honest picture. The market is doing two different things depending on what you own - and the gap matters for your wallet.

For houses, we're in solid shape. The HonestDoor Price sits at $781,144, and while it's down a touch (0.50%) from last period, the forward-looking predicted value is actually $785,085 - up from a 3-month moving average of $772,160. That's the market catching its breath and then stepping back up. Property values have moved 2.51% recently, and our house growth rate ranks 42 out of 291 Edmonton neighbourhoods. That puts us in the top 15% of the city. That's not nothing.

For condos, we need to be straight with you. The average HonestDoor Price is $293,474, which has slipped 3.24% from the previous period. The predicted value of $303,311 is above the 3-month moving average of $300,436, so there's a stabilizing signal there. But the recent dip is real. Condo growth still ranks 53 out of 302 comparable neighbourhoods - top 18% in Edmonton - so the neighbourhood itself isn't the problem. Condo supply and demand city-wide is doing the heavy lifting here.

• House HonestDoor Price: $781,144 (down 0.50%)
• House predicted value: $785,085 (up from $772,160 three-month average)
• House rental estimate: $3,585 per month
• House rental yield: 5.13%
• House growth rank: 42 out of 291 Edmonton neighbourhoods
• Condo HonestDoor Price: $293,474 (down 3.24%)
• Condo predicted value: $303,311 (up from $300,436 three-month average)
• Condo rental estimate: $1,579 per month
• Condo rental yield: 4.19%
• Condo growth rank: 53 out of 302 Edmonton neighbourhoods

How We Stack Up Against the Neighbours

Context is everything. Garneau sits right next door with house prices averaging $676,083 - about $105,000 below us. McKernan comes in at $715,551. Windsor Park is the outlier on the high end at $1,412,343, which tells you what proximity to the river valley and larger lots can do. For us in University Of Alberta, we're comfortably in the middle of a strong cluster - not the cheapest, not the priciest, but holding real value.

On the condo side, Garneau condos are running slightly above ours at $311,040. Windsor Park and McKernan condo averages are significantly higher. If you own a condo here and are thinking about a move, Garneau is your most direct comparison - and we're priced just below it right now.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city assessment. It's a snapshot from months ago, built on broad formulas, and it doesn't know what's happening on your specific street right now. The HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood-level trends. It's the difference between a weather forecast from last season and checking the app this morning.

For house owners here, the gap between the 3-month moving average ($772,160) and the current predicted value ($785,085) is nearly $13,000. That movement happened recently. Your tax assessment won't reflect that until the city gets around to it. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number that actually reflects today's market, not last year's paperwork.

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

If you own a house here and you're thinking about listing this summer, the timing has something going for it. Values are trending up from the recent moving average, our growth rank puts us ahead of roughly 85% of Edmonton neighbourhoods, and a rental yield of 5.13% means buyers who are even slightly investment-minded will pay attention. That's a real selling point you can put in front of them.

The rental story also works in your favour. At $3,585 per month in estimated rent, a buyer who can't quite close the deal emotionally can still run the numbers and see it makes sense financially. That widens your buyer pool.

For condo owners, be honest with yourself about the recent price dip. It doesn't mean panic - a top-53 growth rank out of 302 neighbourhoods means the area is still performing. But pricing sharp and clean will matter more this summer than it did a year ago. Check your HonestDoor Price, compare it to Garneau comps, and don't anchor to a number from six months ago.

Bottom line - University Of Alberta is a strong neighbourhood in a competitive city. The data backs that up. The question is whether your asking price reflects today's market or yesterday's hope.

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.