Westmor Landing, Morinville - August 2026 Real Estate Report

Westmor Landing Real Talk: Prices Are Sliding - Here Is What That Means for Your Home

The Vibe Right Now

If you have been watching the "For Sale" signs in Westmor Landing lately, here is what is actually happening. The market is taking a breather. The average HonestDoor Price for a house here sits at $678,089 - but that number has dipped 2.45% from the previous period. The predicted market value for houses is $695,106, and that is already down from the 3-month moving average of $722,998. That is a meaningful slide, not just noise.

We are not in freefall, but we are not climbing either. The recent price change of -4.76% tells us the momentum is pointing downward right now. On the neighbourhood leaderboard, Westmor Landing ranks 13 out of 14 comparable neighbourhoods in Morinville for growth. That is a bottom-of-the-pack finish, and it is worth paying attention to if you own here.

The Silver Lining - Your Rental Numbers Are Strong

Here is something worth holding onto. Even as sale prices soften, Westmor Landing holds its own as a rental play. The average rental estimate is $3,069 per month, with a rental yield of 5.34%. That is a solid return. If you are not selling, renting your property here makes real financial sense right now.

On the short-term rental side, Westmor Landing holds the number 1 Airbnb rank in all of Morinville. The Airbnb income estimate runs around $153 per night, or roughly $156 per month on average. That is not a retirement plan on its own, but it is a genuine edge over every other neighbourhood in town.

• Average HonestDoor Price: $678,089
• Predicted Market Value: $695,106
• 3-Month Moving Average: $722,998
• Recent Price Change: -4.76%
• Average Rental Estimate: $3,069 per month
• Rental Yield: 5.34%
• Airbnb Estimate: $153 per night
• Airbnb Rank in Morinville: 1 out of all neighbourhoods
• Growth Rank: 13 out of 14 comparable neighbourhoods

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 taken months ago, sometimes longer. It does not know that prices in Westmor Landing have moved -4.76% recently. It does not know the 3-month moving average has dropped from $722,998 to $695,106. Your assessment is basically a history book, and right now history is not telling the full story.

Your HonestDoor Price is updated in real time. It reflects what buyers are actually doing in the market today - not what they were doing last year. If you are making any decision about your home - selling, refinancing, even just understanding your net worth - the HonestDoor Price is the number you want in your hand, not the one on your tax notice.

Compared to nearby neighbourhoods, Westmor Landing is still the premium address. Morinville overall averages $331,469. Southwest Morinville sits at $318,901. Forest Glen comes in at $361,913. Westmor Landing at $678,089 is in a different league - which makes accurate, current pricing even more critical when you are deciding your next move.

The So What - Should You Sell This Summer?

Straight talk: if you are thinking about selling in Westmor Landing this summer, the window is not getting wider. Prices are sliding, the growth rank is near the bottom of the local leaderboard, and the 3-month trend is moving in the wrong direction. That does not mean panic - it means timing matters.

Sellers who move sooner rather than later have a better chance of catching buyers before further softening sets in. If you wait and hope for a rebound, the data right now is not giving you strong reasons to expect one quickly. Get your HonestDoor Price today so you know exactly where you stand - not where you stood six months ago.

If selling is not on the table, lean into that 5.34% rental yield. Renting out your Westmor Landing home right now is genuinely one of the stronger income moves in Morinville. The sale market may be cooling, but the rental demand is keeping your investment working for you.

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.