If you've been glancing at your last property assessment and wondering if it still means anything, the short answer is: not really. Here's what's actually happening on the streets of Woodbridge Farms right now.
We're seeing houses in Woodbridge Farms sitting at an average sale price of $480,701, which is up 8.8% from last month. That's not a small jump. The HonestDoor Price for houses is tracking at $487,442, up 2% from the previous period, which lines up closely with what buyers are actually paying. That's a good sign - it means the numbers are grounded in reality.
Homes here are selling in about 21 days on average, which puts us at rank 11 out of 24 neighbourhoods for speed - solidly in the middle of the pack. Not flying off shelves, but not sitting either. The honest part? Our growth rank sits at 43 out of 53 neighbourhoods in Sherwood Park. We're not leading the leaderboard on appreciation right now. But with a predicted market value of $477,878 and a 3-month moving average of $483,570, prices are hovering in a tight, stable range. Stable isn't sexy, but it's not a red flag either.
For context, nearby Broadmoor Estates is averaging $588,871 and Village on the Lake is at $525,202. We're priced below both, which actually makes Woodbridge Farms an attractive entry point for buyers who've been priced out of those streets.
The condo side of Woodbridge Farms is a bit more nuanced. Only 2 condos sold this month, so we're working with a thin slice of data. The average sale price came in at $120,750, down 4.2% from last month, and units are sitting on the market for an average of 49 days. That's slower than we'd like to see.
Here's the interesting flip though. The predicted market value for condos is $228,284, and that number is actually increasing compared to the 3-month moving average of $218,790. Property values have moved up 5.10% recently, which puts our condos at rank 3 out of 37 neighbourhoods in Sherwood Park for growth. Third place on the leaderboard. That's worth paying attention to, even if the recent sale prices look soft. The market may be catching up to what the data is already showing.
On price, condos here rank 21 out of 21 - the most affordable condo option in Sherwood Park. For a first-time buyer or an investor looking for a low entry point with upside, that combination of affordability and top-3 growth rank is genuinely interesting.
Here's the thing about your city assessment - it's a snapshot from the past. It's calculated once a year using data that's already months old by the time it lands in your mailbox. The market doesn't wait for paperwork.
The HonestDoor Price is updated in real time using actual sales, current listing activity, and live market signals. For houses in Woodbridge Farms, that number is $487,442 right now. For condos, it's $215,019. Those aren't guesses - they're built from what's actually happening on the ground today, not what happened last year.
If you're making any decision - refinancing, selling, even just figuring out if your insurance coverage still makes sense - your government assessment is the wrong number to use. Your HonestDoor Price is the real-world check.
If you own a house in Woodbridge Farms and you're thinking about listing this summer, the timing has some genuine merit. Prices are up, the HonestDoor Price is trending positive, and 21-day average days on market means buyers are still active. You're not going to get a bidding war frenzy, but you're also not going to be sitting on a stale listing. Buyers are paying 99.36% of asking - close enough to full price that a well-priced home should move.
The one thing to watch: our growth rank of 43 out of 53 tells us that other Sherwood Park neighbourhoods are appreciating faster. If you're planning to sell and move up to a place like Broadmoor Estates or Village on the Lake, doing it sooner rather than later could work in your favour before that price gap widens further.
If you own a condo, the picture is more patient. The predicted value is rising and the growth rank is strong, but recent sales are slow and prices dipped last month. If you don't need to sell right now, holding a little longer while the market catches up to the predicted value of $228,284 could be the smarter play.
Bottom line - check your HonestDoor Price before you do anything else. It takes about 30 seconds and it'll tell you more than any assessment notice ever will.
woodbridge farms | sherwood park | september 2026This 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.