Westbrook Estates, Edmonton - August 2026 Real Estate Report

Westbrook Estates, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Westbrook Estates and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average house here is worth $1,516,608. The actual market says otherwise - by a lot.

The Vibe: What Is Really Happening on Our Streets

Houses

Let's start with the number that matters. The average HonestDoor Price for a house in Westbrook Estates is $1,738,534. That is 14.63% higher than the city's assessed value. In dollar terms, we are talking about a gap of roughly $222,000. That is not a rounding error - that is a renovation budget.

The market here is steady. Two houses sold recently, averaging $815,000 in sale price, with listings sitting at $799,900. Homes are moving in an average of 17 days, which puts us at rank 16 out of 108 neighbourhoods for speed - that is a very fast-selling market by Edmonton standards. Buyers are paying about 96.26% of list price, so there is a little room to negotiate, but not much.

• Average HonestDoor Price: $1,738,534 (up 0.72%)
• Average assessed value: $1,516,608
• Average sale price: $815,000
• Average list price: $799,900
• Price per square foot: $367
• Average days on market: 17
• Sale-to-list ratio: 96.26%
• Estimated monthly rent: $6,083
• Rental yield: 4.08%
• Transactions in 2026: 12
• Properties assessed: 315

On the neighbourhood leaderboard, Westbrook Estates houses rank 35 out of 285 for price - putting us firmly among the most expensive addresses in Edmonton. Growth ranks 121 out of 292, which lands us in above-average territory. We are not the fastest-growing pocket in the city, but we are holding value in a price range where a lot of neighbourhoods are wobbling.

Condos

The condo picture is a different story, and we should be straight about it. The average HonestDoor Price for a condo here is $220,423, and it has dipped 0.34% from the previous period. The predicted market value sits at $221,177, which is actually sliding slightly below the 3-month moving average of $221,974. Small moves, but the direction is worth watching.

• Average HonestDoor Price: $220,423 (down 0.34%)
• Estimated monthly rent: $1,204
• Rental yield: 4.31%
• Airbnb estimate: $60 per night
• Growth rank: 153 out of 302 (below average)

Condo growth ranks 153 out of 302 in Edmonton - that puts us in the lower half of the leaderboard right now. If you own a condo here and are thinking about your next move, this is a market that is taking a breather. Not a freefall, but not a sprint either.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot taken months ago, using formulas that do not care what a buyer actually paid for the house two streets over last Tuesday. It is a tax tool, not a market tool.

The HonestDoor Price updates in real time. It pulls from actual sales data and current market signals. For Westbrook Estates houses, that gap between the city's number ($1,516,608) and the HonestDoor Price ($1,738,534) is 14.63%. If you are pricing a home, negotiating a sale, or just trying to understand what your net worth actually looks like right now - the HonestDoor Price is your real-world check. The assessment is what the city uses to calculate your tax bill. The HonestDoor Price is closer to what a buyer will write a cheque for.

Westbrook Estates also holds the rank of 1 in Edmonton for average assessed value. We are the top of the city by that measure. That kind of position means buyers are paying attention, and so should we.

The So What: Thinking About Selling This Summer?

If you are a homeowner here weighing a summer sale, the conditions are not bad. Homes are selling fast - 17 days on average is quick. Buyers are close to full price. And your HonestDoor Price is trending up, not down, sitting 0.72% higher than the previous period.

The catch is volume. Only 12 transactions happened in Westbrook Estates in 2026 so far. This is a low-turnover neighbourhood, which cuts both ways. Less competition from other sellers is good for you. But fewer comparable sales means pricing precision really matters - you do not want to anchor to the city's assessment and leave $200,000 on the table, and you do not want to overshoot and sit on the market while buyers walk.

Check your HonestDoor Price before you have a single conversation with an agent. Know your real number. Then negotiate from there.

For context on where we sit in the wider area - Aspen Gardens and Ogilvie Ridge are both cheaper and growing slightly faster (0.09% each). Buyers who cannot stretch to Westbrook Estates pricing are active in those neighbourhoods. That is not a threat to our values - it actually confirms that Westbrook Estates commands a genuine premium in this part of Edmonton.

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.