Waverley, Guelph - August 2026 Real Estate Report

Waverley, Guelph: Prices Are Slipping - Here Is What Your Home Is Actually Worth Right Now

If you have been assuming your home is worth what the city says it is, this is your wake-up call. The Waverley market is taking a breather, and the gap between government assessments and real-world values is wider than most people think. Here is the straight story.

The Vibe: What Is Happening in Our Neighbourhood

Let us be honest - Waverley is not leading the pack right now. Values are dipping across both houses and condos, and the sales data backs that up. But "cooling" does not mean "crashing." It means we need to be smarter about our numbers.

Houses in Waverley

The one house that sold recently closed at $1,375,000 - but it sat on the market for 32 days and sold for about 95.5 cents on every listed dollar. That means the buyer had room to negotiate, and they used it. Listings are currently asking around $1,439,900, so that gap between ask and sell is real money left on the table if you price wrong.

• Average HonestDoor Price: $858,027 (down 2.82% from last period)
• Predicted market value: $882,964
• 3-month moving average: $888,686 - and the trend is downward
• Price per square foot: $1,310
• Average days on market: 32
• Sale-to-list ratio: 95.49% - buyers are paying below asking
• Estimated monthly rent: $3,869 with a rental yield of 4.92%
• Neighbourhood growth rank: 17 out of 22 in Guelph - below average
• Days-on-market rank: 4 out of 5 - one of the slower-selling areas in the city

That growth rank is the number to watch. On the Guelph neighbourhood leaderboard, Waverley houses sit at 17 out of 22. That is not a disaster, but it does mean other parts of the city are outpacing us right now. Nearby Exhibition Park and Brant are both priced slightly higher, which tells you there is still a ceiling above us if conditions shift.

Condos in Waverley

The condo picture is a bit rougher. Values have dropped 3.74% recently, and the predicted value of $513,707 is already sitting below the 3-month average of $521,822. That is a clear downward slide, not a blip.

• Average HonestDoor Price: $500,963 (down 2.48% from last period)
• Predicted market value: $513,707
• 3-month moving average: $521,822
• Estimated monthly rent: $2,511 with a rental yield of 3.83%
• Airbnb estimate: $121 per night
• Neighbourhood growth rank: 17 out of 23 in Guelph - below average

For context, nearby Exhibition Park condos are predicted at $537,983 - about $24,000 higher than ours. That gap is worth knowing if you are weighing a move or a purchase decision right now.

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 the past. They do not update in real time, and they do not know that Waverley house values have slipped 2.82% recently or that condo values are down 3.74%. Your tax assessment could be showing you a number that is months or even years out of date.

The HonestDoor Price is a live, real-world check on what your property is actually worth today - not what some spreadsheet decided two years ago. If you are a Waverley homeowner, pulling your HonestDoor Price right now gives you the current picture, not the comfortable fiction. Whether you are thinking about selling, refinancing, or just want to know where you stand, that number is your starting point.

The So What - Should You Sell in Waverley This Summer?

If you are thinking about listing this summer, here is the honest take. The market is not in your corner the way it was a year ago. Buyers are negotiating, homes are sitting for over a month, and values are trending down - not dramatically, but consistently. That is the reality.

That does not mean do not sell. It means price it right from day one. Homes that come in too high are the ones sitting for 32-plus days and eventually selling below ask anyway. The sellers who win this summer will be the ones who use a current, accurate number - like their HonestDoor Price - instead of chasing a peak that has already passed.

If you are a condo owner, the pressure is a bit higher. With a growth rank of 17 out of 23 and values actively sliding, waiting for a rebound is a gamble. If your timeline is flexible, watch the next 60 days closely. If you need to move, price sharp and move fast.

Bottom line - Waverley is a solid neighbourhood in a city people still want to live in. But right now, the numbers are asking us to be realistic. Know your actual value, price with purpose, and do not let a stale assessment give you false confidence heading into the summer market.

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.