HonestDoor

    Westwood, Dollard-Des Ormeaux - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Dollard-Des Ormeaux, Westwood

    Westwood, DDO: Your Home Is Worth More Than the City Thinks

    If you own a place in Westwood and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is already old news. The real-world numbers tell a more interesting story - and for condo owners especially, the momentum is quietly building.

    The Vibe: What Is Actually Happening in Westwood Right Now

    Let's break it down by property type, because houses and condos are telling two different stories this month.

    Houses - Holding Steady, But Watch the Trend

    Our houses are taking a bit of a breather. The predicted market value for a Westwood house sits at $676,389, which is slightly below the 3-month moving average of $684,741. Values have dipped about 1.82% recently. That is not a crash - it is a pause. One house sold last month, with an average sale price of $500,000 and a price per square foot of around $443.

    • Average HonestDoor Price: $682,369 (up 0.36% from last period)
    • Predicted Market Value: $676,389
    • 3-Month Moving Average: $684,741
    • Price Per Square Foot: $443
    • Average Sale Price: $500,000
    • Estimated Monthly Rent: $3,070
    • Rental Yield: 5.36% - that is a strong return
    • Airbnb Potential: $153 per night / $152 per month estimated income
    • Growth Rank: 3 out of 8 neighbourhoods in DDO - above average
    • Price Rank: 5 out of 6 - one of the most affordable entry points in DDO

    Here is the thing about that price rank. Being near the bottom of the DDO price ladder is not a bad thing if you are a buyer. For sellers, it means there is real room to grow. Nearby Dollard Des Ormeaux houses are averaging $1,096,267. We are not there yet, but that gap is the opportunity.

    Condos - The Quiet Outperformer

    Westwood condos are doing something interesting. While the average HonestDoor Price dipped a hair - down 0.11% to $378,104 - the predicted market value is actually climbing. At $382,525, it is trending above the 3-month moving average of $378,798. Values are up 0.63% recently. For condos in DDO, Westwood currently holds the number 1 growth rank out of 4 comparable neighbourhoods. That is the leaderboard spot you want.

    • Average HonestDoor Price: $378,104 (down 0.11% from last period)
    • Predicted Market Value: $382,525
    • 3-Month Moving Average: $378,798
    • Estimated Monthly Rent: $1,991
    • Rental Yield: 4.05% - moderate but solid
    • Airbnb Potential: $97 per night / $99 per month estimated income
    • Growth Rank: 1 out of 4 neighbourhoods in DDO - top of the board

    Compared to condos in nearby Sunnybrooke ($523,136) and Dollard-Des-Ormeaux ($761,959), Westwood condos are priced well below the competition. If you are renting yours out, $1,991 a month in estimated rent on a $378,000 asset is a number worth paying attention to.

    The Secret Sauce: Your HonestDoor Price vs. That City Assessment

    Here is why this matters for us right now. Municipal assessments are snapshots from the past - sometimes years old by the time they land in your mailbox. The HonestDoor Price is updated in real time using actual market signals. For a Westwood house, that means the difference between a stale government number and a live estimate of $682,369. For a condo, it is the difference between guessing and knowing your unit is trending upward at $382,525.

    If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the real-world check. The city's number is a starting point. HonestDoor is where you go to find out what your place is actually worth today.

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

    Straight talk: the window is open, but it is not wide open for houses. Values have softened slightly over the past few months. If you have been sitting on the fence, getting your HonestDoor Price now gives you a clear baseline before the summer market heats up or cools further.

    For condo owners, the story is more encouraging. Westwood condos are ranked first in DDO for growth right now. If you are thinking about selling, that momentum is worth acting on before the gap between your price and nearby neighbourhoods closes further - or before buyers start looking at Sunnybrooke instead.

    • Thinking of selling a house? Price it sharp. At $443 per square foot, buyers have options in DDO.
    • Thinking of selling a condo? The growth rank is working in your favour right now.
    • Thinking of renting instead? A 5.36% rental yield on a house is genuinely strong. That is worth running the numbers on before you list.
    • Not sure? Pull your free HonestDoor Price first. It takes 30 seconds and it is the most current number you will find.

    Westwood is not the flashiest name in DDO, but it is one of the most affordable entry points in the area with above-average growth credentials. That combination does not last forever.

    westwood | dollard-des ormeaux | august 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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