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      Honestdoor Price

      This property is not for saleNot for sale

      $456,700

      October

      Estimated Market Value

      Mortgage Options

      Honestdoor Price · 13 months

      -1.97%1 mo
      +1.15%12 mo

      3

      beds

      2

      baths

      1,482

      sqft

      23 Hope Common, Spruce Ridge, Spruce Grove, AB, T7X0X2

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      Property details

      Property type
      Residential
      Bedrooms
      3Estimate
      Bathrooms
      2Estimate
      Floor space
      138 sqm (1,482 sqft)Estimate
      Lot size
      598 sqm (6,437 sqft)

      Honestdoor Price

      $456,700

      (Oct)

      Estimated returns over time

      1 Month

      -1.97%

      3 Month

      +5.64%

      6 Month

      +0.29%

      12 Month

      +1.15%

      Compare with

      Honestdoor Price

      Spruce Ridge avg (2025)

      Honestdoor Price by month for 23 HOPE COMMON
      YearHonestdoor PriceSpruce Ridge avg (2025)
      Oct 25$451,500$449,611
      Nov 25$459,200$449,611
      Dec 25$450,800$449,611
      Jan 26$460,700$449,611
      Feb 26$451,200$449,611
      Mar 26$448,200$449,611
      Apr 26$455,400$449,611
      May 26$457,400$449,611
      Jun 26$451,200$449,611
      Jul 26$432,300$449,611
      Aug 26$461,100$449,611
      Sep 26$465,900$449,611
      Oct 26$456,700$449,611

      City Assessment

      $391,000

      (2025)

      Estimated returns over time

      1 Year

      +4.83%

      3 Year

      +21.92%

      5 Year

      +9.65%

      Compare with

      City assessment

      Spruce Ridge average

      City assessment by year for 23 HOPE COMMON
      YearCity assessmentSpruce Ridge average
      2019$356,600$347,202
      2020$362,400$351,077
      2021$320,700$340,422
      2022$345,400$376,307
      2023$373,000—
      2025$391,000$449,611

      How this home compares

      Against Spruce Ridge and Spruce Grove.

      Est. gross rental yield

      6.2%

      Annual rent ÷ Honestdoor Price

      Value vs average

      +2%

      above the Spruce Ridge average

      • This home (Honestdoor Price)

        $456,700

      • Spruce Ridge average

        $449,611

      • Spruce Grove average

        $441,993

      Neighbourhood and city figures are 2025 average assessed values.

      Price per square foot

      +3%

      above the Spruce Ridge average

      • This home (estimated)

        $308 / sqft

      • Spruce Ridge sold average

        $300 / sqft

      This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.

      Monthly rent

      -8%

      below the Spruce Ridge average

      • This home (estimated)

        $2,350/mo

      • Spruce Ridge average

        $2,544/mo

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      Estimated rental information

      Airbnb nightly rate

      $115/day

      Monthly rental rate

      $2,350/month

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      Spruce Ridge market

      Explore Spruce Ridge data

      Spruce Ridge sales in 2026

      214

      +5.4%203 in 2025

      Avg. house price

      $449,611

      Avg. condo price

      $179,303

      -0.5%$180,131 in 2019

      Spruce Ridge growth this year

      +10.57%

      +8.28% in 2021

      Average value vs Spruce Grove

      Average assessed value for this property type

      Spruce Ridge

      Spruce Grove average

      Average assessed value by year in Spruce Ridge compared with Spruce Grove
      YearSpruce RidgeSpruce Grove average
      2019$347,202$350,824
      2020$351,077$353,387
      2021$340,422$340,573
      2022$376,307$375,964
      2025$449,611$441,993

      Sales per year

      Recorded sales in Spruce Ridge · 2026 is year to date

      Recorded sales per year in Spruce Ridge
      Spruce Ridge
      2014150 sales
      2015256 sales
      2016176 sales
      2017192 sales
      2018166 sales
      2019195 sales
      2020199 sales
      2021277 sales
      2022277 sales
      2023253 sales
      2024234 sales
      2025203 sales
      2026 YTD214 sales

      Property analysis

      23 HOPE COMMON compared with the average home nearby.

      Floor space

      -11%

      below neighbourhood average

      • This property

        1,482 sqft

      • Spruce Ridge

        1,672 sqft

      • Spruce Grove

        1,559 sqft

      Lot size

      +30%

      above neighbourhood average

      • This property

      • Spruce Ridge

      • Spruce Grove

      23 Hope Common is a home in Spruce Grove, Alberta. It is estimated to be 1482 sq ft with 2 baths and 3 bedrooms. It last sold for $455,000 on Sep 29, 2026. The most recent Honestdoor Price for this home is $456,700 and was last estimated on Oct 13, 2026. Assessment growth for this home is +1.61% annually, with a total growth of +$34,400 since 2019. It is estimated that it would make $115 per day on Airbnb and rent out for $2350 per month.

      * This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data

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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. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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