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    Westmor Landing, Morinville - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Morinville, Westmor Landing

    Westmor Landing Reality Check: Your Home Is Worth More Than Your Assessment Says

    The Vibe Right Now

    If you live in Westmor Landing and you have been watching the market, here is the honest picture. The average HonestDoor Price for a house here sits at $695,106. That is down 4.76% from the previous period, and the 3-month moving average of $735,776 confirms the trend is still drifting lower. We are not in freefall - but we are taking a breather, and pretending otherwise does not help anyone.

    The predicted market value for houses lands at $729,883. That gap between the predicted value and the moving average tells us the market is still finding its floor. For us as homeowners, that means timing actually matters right now.

    • Average HonestDoor Price: $695,106
    • Predicted Market Value: $729,883
    • 3-Month Moving Average: $735,776
    • Recent Price Change: -1.90%
    • Neighbourhood Growth Rank: 14 out of 14 in Morinville

    The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Notice

    Here is the thing about your city assessment. It is a snapshot from months ago, sometimes longer. It does not know what happened on your street last Tuesday. The HonestDoor Price updates in real time, pulling in actual sales data as it happens. Right now, with values shifting, that difference is not just academic - it could be tens of thousands of dollars off in either direction.

    If your tax assessment still reflects last year's higher numbers, you might be overpaying on property tax. If it is low, you might be leaving money on the table when you list. Either way, checking your HonestDoor Price today gives you the real-world number - not a government estimate that is already out of date by the time it hits your mailbox.

    The Rental Angle Is Actually the Good News

    Not everything is pointing down. If you are holding this property as a rental or thinking about it, the numbers are genuinely solid. A rental yield of 5.28% is strong by any measure, and an estimated rent of $3,256 per month backs that up. For context, nearby neighbourhoods like Morinville proper average $1,773 in rent and Southwest Morinville comes in at $1,682. Westmor Landing is pulling nearly double those figures.

    On the short-term rental side, Westmor Landing holds the number 1 Airbnb rank in Morinville. An estimated $156 per night average is real income potential for anyone with the right setup.

    • Average Rental Estimate: $3,136 per month
    • Rental Yield: 5.28%
    • Airbnb Estimate: $156 per night
    • Airbnb Rank in Morinville: 1st

    The Neighbourhood Leaderboard - Where We Stand

    On price, Westmor Landing is the clear leader compared to nearby areas. Morinville sits at $337,274, Southwest Morinville at $315,203, and Forest Glen at $369,141. We are not even in the same conversation on home values.

    On growth, the picture is different. Westmor Landing ranks 14 out of 14 in Morinville right now. Dead last on the leaderboard. That is worth knowing - not to panic, but because it tells us we are in a correction phase while the rental income story stays strong. Those two things can both be true at the same time.

    So What - Should You Sell This Summer?

    Here is the straight answer. If you need to sell, list smart and price sharp. With values trending down and a bottom-of-the-pack growth rank, buyers have options and they know it. Overpricing right now will cost you more time than it saves you in dollars.

    If you can wait, the rental yield story suggests holding has real merit. At 5.28% yield and $3,256 estimated monthly rent, this property can work hard for you while you watch the market stabilize.

    Either way, step one is the same. Pull your HonestDoor Price today. Not your assessment. Not a neighbour's guess. The live number - so whatever decision you make, you are making it with your eyes open.

    westmor landing | morinville | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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