HonestDoor

    Woodhaven, Belcarra - July 2026 Real Estate Report

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

    Belcarra, Woodhaven

    Woodhaven, Belcarra: Your Home Is Worth More Than the City Thinks

    If you have been glancing at your latest property assessment and feeling a little underwhelmed, here is the real story. The city says your home is worth one thing. The market says something else entirely - and the gap is significant.

    The Vibe: What Is Actually Happening in Woodhaven Right Now

    Let us start with the big picture. We have 237 assessed properties in Woodhaven, and the neighbourhood is holding steady with 0.01% year-over-year growth. That is not a headline number, but in a market like Belcarra, stability at this price point is its own kind of flex.

    Houses: The Premium End of the Block

    Houses in Woodhaven are not cheap, and they are not pretending to be. Here is where we stand right now:

    • Average HonestDoor Price: $3,018,062
    • Average Assessed Value: $2,547,947
    • HonestDoor Price is 18.45% higher than the city assessment
    • HonestDoor Price has shifted -4.15% from the previous period
    • Predicted Market Value: $3,148,574 - up from the 3-month moving average of $3,037,110
    • Average Sale Price: $6,750,000
    • Price per square foot: $1,471
    • Estimated monthly rent: $9,374
    • Rental yield: 3.39%
    • Airbnb potential: $452 per night
    • Airbnb rank in Belcarra: 1st
    • Average assessed value rank in Belcarra: 1st

    Yes, the HonestDoor Price dipped 4.15% from last period. The market is taking a breather. But here is the thing - the predicted market value is actually climbing above the 3-month moving average, which tells us the short-term softness is not the whole story. One house sold last month, and that sale came in at $6,750,000. That is the ceiling we are working with in this neighbourhood.

    On the neighbourhood leaderboard, Woodhaven houses rank 3 out of 3 for growth rate in Belcarra. That puts us at the bottom of the growth rankings right now. But flip it around - we rank 1 out of 1 for price, meaning Woodhaven sits at the top of the price tier in Belcarra. You are not buying here for a quick flip. You are buying here because this is where the premium properties live.

    Condos: A Different Story, Worth Knowing

    Condos in Woodhaven are a smaller slice of the market, but they are worth a look if you are comparing options across Belcarra.

    • Average HonestDoor Price: $578,600
    • HonestDoor Price has shifted -6.19% from the previous period
    • Predicted Market Value: $566,550
    • 3-month moving average: $566,450 - values are essentially flat but inching up
    • Estimated monthly rent: $2,810
    • Rental yield: 3.70%
    • Airbnb potential: $140 per night
    • Airbnb rank in Belcarra: 1st
    • Recent price change: -0.22%

    Condos have seen a steeper HonestDoor Price drop of 6.19%, but the predicted market value is nearly flat against the 3-month moving average. That tells us the correction has largely played out. The rental yield of 3.70% is actually slightly better than houses, which makes condos here a quiet contender for investors watching the numbers. On the leaderboard, condos rank 1 out of 1 for growth in Belcarra - which means we are the only data point in that category, so take that ranking as context rather than competition.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the honest truth about that assessment notice sitting on your kitchen counter. The city calculates it once a year using data that is already months old by the time it lands in your mailbox. It is a snapshot of the past, not a picture of today.

    The HonestDoor Price updates in real time. It pulls from actual market activity, recent sales, and current demand signals. For Woodhaven houses, that gap is not small - we are talking about an 18.45% difference between what the city says your home is worth and what the market actually reflects. On a $2.5 million assessed property, that is roughly $470,000 sitting invisible on your balance sheet if you are only looking at the assessment.

    If you are making any financial decision - refinancing, selling, estate planning, even just knowing where you stand - the HonestDoor Price is the number that reflects the real world right now.

    The "So What?" - Thinking About Selling This Summer?

    If you are a Woodhaven homeowner weighing a summer sale, here is the straight talk.

    The market has pulled back a little - that 4.15% dip in the HonestDoor Price for houses is real. But the predicted market value is trending upward against the 3-month average, which suggests the floor is holding. One sale at $6,750,000 recently closed, which sets a strong reference point for what premium Woodhaven properties can command.

    Compare that to your neighbours. Cove Cliff houses are averaging an HonestDoor Price of $2,315,691 with a growth rate of -0.01%. Tbd1 sits at $2,882,050. Belvedere comes in at $1,687,853. Woodhaven is the top of the Belcarra market. That positioning does not disappear in a soft patch - it actually becomes more important when buyers are being selective.

    The window this summer is not wide open, but it is not closed either. Pricing sharp, knowing your real number, and not anchoring to a stale assessment - that is how you move a premium property in a market that is taking a breather. Check your HonestDoor Price before you call your agent. It is the conversation starter that actually reflects what buyers are seeing right now.

    woodhaven | belcarra | 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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