Westerra Manor, Stony Plain - October 2026 Real Estate Report
Westerra Manor Condos: Affordable, But the Market Is Taking a Breather
The Vibe Right Now
If you own a condo in Westerra Manor and you've been wondering what's actually going on out there, here's the honest version. The market is quiet - not dead, but quiet. One condo sold in 2026 so far, it sat on the market for 110 days, and the buyer paid 98.61% of the asking price. That means the seller gave up a little ground to get the deal done. This is a buyers' market, plain and simple.
The average sale price came in at $142,000, with listings sitting around $144,000. Price per square foot is roughly $181. These are real numbers from real transactions - not estimates, not guesses.
- Average sale price: $142,000
- Average list price: $144,000
- Price per square foot: $181
- Sale-to-list ratio: 98.61% - buyers are negotiating
- Average days on market: 110 days
- Properties sold in 2026: 1
The Neighborhood Leaderboard
Here is where things get interesting for us as Westerra Manor owners. On growth, we rank 9 out of 32 neighborhoods in Stony Plain. That puts us in above-average territory - better than most of the competition. But on days-on-market, we rank 13 out of 15, which means our condos are among the slowest-selling in the city. And on price, we sit at 15 out of 18 - one of the most affordable options in Stony Plain.
The short version: we are a relatively affordable neighborhood with decent growth momentum, but buyers are taking their time. If you are selling, patience is not optional right now - it is the strategy.
For context, here is how we stack up against the neighbors:
- Cedar Brae - average HonestDoor Price $294,528, rental estimate $1,581 per month
- Cedar Brae II - average HonestDoor Price $243,320, rental estimate $1,320 per month
- Cove Properties - average HonestDoor Price $199,489, rental estimate $1,094 per month
- Westerra Manor - average HonestDoor Price $177,324, rental estimate $974 per month
We are the most affordable option in this group. That is either a buying opportunity or a pricing reality check, depending on which side of the transaction you are on.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Your city assessment is a snapshot taken months ago, sometimes longer. It does not know what happened on your street last week. The HonestDoor Price is updated in real time, pulling in actual transaction data to give you a current read on what your condo is worth today.
Right now, the average HonestDoor Price in Westerra Manor is $177,324 - down 2.24% from the previous period. The predicted market value sits at $181,389, which is slightly above the 3-month moving average of $181,643 and ticking down by 0.28%. That gap between your tax assessment and your HonestDoor Price could be significant. If your assessment is higher than $177,000, you may be paying more in property taxes than your condo's current market position justifies. That is worth knowing.
- Average HonestDoor Price: $177,324
- Change from previous period: -2.24%
- Predicted market value: $181,389
- 3-month moving average: $181,643
- Recent value change: -0.28%
The "So What?" - Thinking About Selling This Summer?
Here is the straight talk. If you are thinking about listing your Westerra Manor condo this summer, you need to go in with realistic expectations. Buyers are not in a rush - 110 days on market tells you that. They are also negotiating, so pricing sharp from day one matters more than starting high and dropping later.
The rental angle is worth considering too. At $974 per month in estimated rent and a rental yield of 4.34%, holding the property as a rental is a legitimate option if the sale price does not excite you. That is a moderate but steady return in a market where not much is moving fast.
Airbnb is not the play here. At roughly $50 per month in estimated Airbnb income and a rank of 31 in Stony Plain, short-term rental is not going to move the needle for Westerra Manor owners.
Bottom line - check your HonestDoor Price before you do anything else. It is the most current number you have, and in a market that is taking a breather, knowing your real starting point is everything.
- Rental estimate: $974 per month
- Rental yield: 4.34%
- Airbnb estimate: $49 to $50 per night - low priority for this neighborhood
- Airbnb rank in Stony Plain: 31 out of 32 - not a strong short-term rental 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.