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Recently Sold Homes in Sherwood Park: 2026 Sold Prices by Neighbourhood
Sherwood Park · Sold Data

Recently Sold Homes in Sherwood Park: 2026 Sold Prices by Neighbourhood

Sherwood Park is one of the few Edmonton-area markets still flirting with over-asking sales. Here are verified recent solds — neighbourhood by neighbourhood — with the sale-to-list ratios that tell the real story.

The one-line version: Sherwood Park averaged a $539,000 sale price in May 2026 with homes selling at 100.3% of asking in 29 days. Late-September sales show the same pattern: $500K–$600K detached homes moving in days, some over asking. This is the strongest seller's pocket in the region.

On this page

  1. Verified recent sold prices by neighbourhood
  2. What the numbers actually mean
  3. Sold prices by property type
  4. Thinking of selling in Sherwood Park?
  5. How to see every sold home in Sherwood Park
  6. Key takeaways
  7. Frequently asked questions

Verified recent sold prices by neighbourhood

Every figure below is a real reported sale (via HonestDoor / RAE MLS® System data), late September 2026 unless noted. List price vs. sold price is shown so you can see exactly where bidding pressure exists:

Reported Sherwood Park sales — list price vs. sold price (sources: HonestDoor / RAE MLS® System)
Property (neighbourhood)Beds / bathsList priceSold priceSale-to-list
19 Catalina Drive (Clover Bar Ranch)3+2 / 4$575,000$600,000104.3%
60 Woodlake Court (Woodbridge Farms)3+1 / 3$599,900$598,90099.8%
592 Rainbow Crescent (Regency Park)3+1 / 3$560,000$555,00099.1%
133 Mustang Close3 / 3$499,999$513,750102.8%
61 Cheval Close (Cambrian Crossing)3 / 3$499,900$500,000100.0%
795 Birch Avenue$459,900$475,000103.3%

Maple Grove deserves its own callout — six reported sales showing a healthy, liquid pocket:

Reported Maple Grove sales (sources: HonestDoor / RAE MLS® System)
PropertyList priceSold priceSale-to-list
795 Birch Avenue$459,900$475,000103.3%
794 Birch Avenue$479,900$490,000102.1%
44 Ivy Crescent$429,900$435,000101.2%
304 Fir Street$463,707$463,707100.0%
20 Caragana Avenue$424,900$415,00097.6%
869 Alder Avenue$379,900$374,90098.7%

What the numbers actually mean

  • Over-asking is real here — but selective. Three of the sales above closed above list (102–104%), all in high-demand pockets: Clover Bar Ranch, Maple Grove. Meanwhile, the rural-fringe acreage sold at 96.8%. The lesson: bidding pressure follows desirability, not the town name.
  • Speed is the tell. The headline sale — 19 Catalina Drive at $600,000, 104.3% of asking — sold in 3 days. In Sherwood Park, the first weekend decides everything. Our listing-launch guide explains why.
  • The market stats back it up. RAE data via Trenlii: Sherwood Park, May 2026 — 167 sales (+14.4% YoY), average price $539,000, 29 days on market, 100.3% ask-to-sell ratio. Year-to-date average: $525,000 (+3.3% YoY). Compare that to Greater Edmonton's 41 DOM and 3.8 months of supply — Sherwood Park is running hotter than the region.

What "100% of asking" really means for sellers

A 100% sale-to-list ratio does not mean "list high and you'll get it." It means the market is efficient: correctly priced homes get full price fast, and overpriced homes sit until they don't. The sellers winning in Sherwood Park right now are the ones who priced off real comparable solds — like the ones on this page — instead of adding a "negotiation buffer."

Sold prices by property type

Sherwood Park price ranges by property type (2026 reported data)
Property typeTypical rangeMarket note
Detached$590,000 – $650,000 medianSweet spot $500K–$600K moves in days
Townhouse / attached~$410,000 – $415,000 medianFirst-time buyer fuel; Clover Bar Ranch hot
Condo / apartment~$285,000 – $310,000Entry-level; Palisades 1-bed sold $224,900
Luxury / estate & acreage$900,000 – $1.9M+Negotiated; 96–98% of asking typical

Median across all types has hovered near $480,000 over the past two years, with price per square foot near $350. Sherwood Park consistently prices above the Greater Edmonton regional average of $469,602 (August 2026) — the commute is worth it to a lot of buyers.

Thinking of selling in Sherwood Park?

This is the best seller's pocket in the Edmonton region right now — which makes it the worst place to leave money on the table through sloppy pricing or unnecessary costs:

  • Know your net. Our full cost-to-sell breakdown shows exactly where every dollar goes on a Sherwood Park sale.
  • Agent or private sale? At a $600,000 sale price, commission is a ~$20,000+ decision. Our private-sale guide runs Edmonton's honest math.
  • Explore the community. See our Sherwood Park community page for neighbourhoods, amenities, and current listings.
  • Get your number first. A free home evaluation values your specific Sherwood Park address off comparable solds — not a town-wide average.

How to see every sold home in Sherwood Park

The sales above are a snapshot — new transactions close every week. Our recently sold homes map tracks sold properties across Edmonton and area — including every Sherwood Park neighbourhood — with final sale prices, days on market, and list-to-sale ratios. Sign up free and you can:

  • Browse every reported sold in Sherwood Park, updated as sales close
  • See actual sold prices — not estimates, not list prices
  • Spot which neighbourhoods are selling over asking before everyone else does

Explore the sold map here.

Key takeaways

Sherwood Park is the Edmonton region's strongest seller's pocket: $539,000 average sale price (May 2026), 100.3% sale-to-list ratio, 29 days on market. Late-September solds confirm it — $500K–$600K detached homes moving in days, several over asking, led by Clover Bar Ranch and Maple Grove. But pressure is selective: price off comparable solds in your neighbourhood and property type, not the town name. Start with the live sold map and a free home evaluation.

Frequently asked questions

What is the average sold price in Sherwood Park in 2026?

RAE data via Trenlii put Sherwood Park's average sale price at $539,000 in May 2026, with a year-to-date average of $525,000 (+3.3% YoY). The median across all property types has hovered near $480,000. Detached: $590,000–$650,000; townhouses: ~$410,000–$415,000; condos: ~$285,000–$310,000.

Are Sherwood Park homes selling above asking?

Often, yes. The average ask-to-sell ratio was 100.3% in May 2026, and late-September 2026 sales include $513,750 on a $499,999 list (102.8%) and $600,000 on a $575,000 list (104.3%). Realistic pricing gets rewarded; aspirational pricing still sits.

How fast are homes selling in Sherwood Park?

Fast. The May 2026 average was 29 days on market, and several late-September sales closed within days of listing — including a Clover Bar Ranch detached home at 104% of asking in 3 days.

Which Sherwood Park neighbourhoods are selling strongest?

Recent reported sales show strength across Woodbridge Farms, Clover Bar Ranch, Maple Grove, Nottingham, Regency Park, and Cambrian Crossing. Clover Bar Ranch stands out for speed and over-asking results; Maple Grove shows six recent sales, half at or above asking.

Where can I see every recently sold home in Sherwood Park?

The yeg.homes sold-homes map shows recently sold properties across Edmonton and area — including Sherwood Park — with final sale prices, days on market, and list-to-sale ratios. Free signup unlocks the full sold data.

What did your Sherwood Park street actually sell for?

Browse every recently sold home in Sherwood Park on the live map — real sold prices, not estimates. Then get a free, no-obligation valuation of your own home.

Explore the Sold Map

Or get a free home evaluation →

Sold figures shown are reported sales via HonestDoor / RAE MLS® System data and RAE market statistics via Trenlii, deemed reliable but not guaranteed. This article is for general information only and does not constitute legal, tax, or investment advice. Market data changes — verify current figures before making decisions. © 2026 yeg.homes

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Should You Sell Your Edmonton House or Rent It Out? The Honest Math (2026)
Edmonton · Selling

Should You Sell Your Edmonton House or Rent It Out? The Honest Math (2026)

You’re moving — but does the old house come with you as a rental, or does it become someone else’s problem for a cheque? At today’s rates and rents, the answer is a math question with a landlord-reality check attached. Here’s how to work it properly.

The one-line test: add up your mortgage payment, property tax, insurance, and a 10% maintenance reserve. If the rent your home could actually achieve doesn’t cover that total, selling usually wins — you’d be paying monthly for the privilege of being a landlord. Run the full math below before you decide.

On this page

  1. The short answer: cash flow decides, everything else is commentary
  2. The cash-flow math, worked through
  3. The tax part: principal residence exemption and the rental years
  4. The landlord reality: Alberta rules and real costs
  5. When selling wins
  6. When renting it out wins
  7. Key takeaways
  8. Frequently asked questions

The short answer: cash flow decides, everything else is commentary

Most “sell vs. rent it out” advice drowns you in lifestyle questions. Skip those. The decision is financial: does the property pay for itself as a rental, after all costs, with a margin for reality? If yes, keeping it is a legitimate investment. If no, you’re subsidizing a tenant’s housing out of your own pocket every month — and the equity trapped in the house could be working harder elsewhere.

Edmonton’s 2026 numbers make this a live question. Average rents sat around $1,605/month in spring 2026 reporting, while the average detached home sold near $605,000 and mortgage rates hovered around 6.6%. Those three numbers together mean a mortgaged detached home often does not cash-flow — but every property is its own equation, so let’s build yours.

The cash-flow math, worked through

Use this framework with your own numbers. The example uses a $550,000 Edmonton home rented at $2,500/month — replace every figure with yours:

Monthly rental cash-flow worksheet (illustrative example, $550,000 home)
Line itemExampleYour number
Rental income+$2,500
Mortgage payment (80% financed @ ~6.6%, 25-yr amort.)−$3,000
Property tax−$350
Insurance (landlord policy)−$150
Maintenance reserve (~1% of value / year)−$460
Vacancy reserve (5%)−$125
Property management (if used, ~10%)−$250
Monthly cash flow−$1,835

That example is ugly — and deliberately so. It shows what happens with a large mortgage at today’s rates: the rent doesn’t come close. Two things change the picture dramatically: a small or zero mortgage balance (the single biggest variable), and a property type where the rent-to-price ratio is kinder — which is why some Edmonton investors focus on suited or multi-unit properties rather than single detached homes.

Two honest adjustments before you conclude anything:

  • Principal paydown is real return. Part of each mortgage payment builds your equity. On the example above, roughly $550–$600/month of that payment is principal in the early years — forced savings, not lost money. Cash flow can be negative while total return stays positive. But you still have to fund the negative cash flow every month.
  • Appreciation is speculation, not income. Edmonton detached prices have appreciated over time, but counting on future gains to justify negative cash flow today is how landlords end up forced sellers. Underwrite the deal on rent alone; treat appreciation as upside.

The tax part: principal residence exemption and the rental years

This is where good intentions meet CRA paperwork. The essentials:

  • Selling your principal residence: no capital gains tax. Canada’s principal residence exemption shelters the gain on the home you ordinarily inhabited. Sell it as your principal residence and the appreciation is tax-free. This is the strongest financial argument for selling rather than converting.
  • Converting to a rental triggers a deemed disposition. When your principal residence becomes a rental, tax rules treat it as though you sold it at fair market value that day. The gain up to that point stays sheltered — but appreciation during the rental years becomes taxable when you eventually sell (currently at a 50% inclusion rate, taxed at your marginal rate).
  • Rental income is taxable; expenses are deductible. Mortgage interest, property tax, insurance, maintenance, and management fees all reduce your taxable rental income. Keep clean records from day one.
  • Moving back in later doesn’t erase the rental years. Re-occupying the home can restore principal-residence treatment going forward, but the gain attributable to the rental period generally stays taxable. The change-of-use election has specific filing requirements — this is accountant territory, not DIY.

Net effect: converting costs you the tax-free compounding you’d have kept by selling. That doesn’t automatically make it wrong — but it belongs in the math, and most back-of-napkin landlord plans leave it out.

The landlord reality: Alberta rules and real costs

Alberta’s Residential Tenancies Act sets the ground rules, and a few surprise first-time landlords:

  • Showings require 24 hours’ written notice — every time, with the date, time, and purpose specified. Tenants keep their right to quiet enjoyment even while you’re selling later.
  • Ending a tenancy to sell is slow. For a month-to-month tenant, you must give three full tenancy months’ notice — and only after a firm purchase contract is signed with a buyer requesting vacant possession. Fixed-term leases can’t be ended early for a sale at all without the tenant’s agreement. Selling a tenanted property tenanted is possible, but it shrinks your buyer pool to investors.
  • Vacancy and turnover are real costs. Budget 5% vacancy and one month’s rent per tenant placement if you self-manage; full-service management runs roughly 8–10% of rent plus leasing fees.
  • Maintenance doesn’t pause. Furnaces fail in January in Edmonton. If a $6,000 furnace replacement would wreck your finances, you can’t afford to be a landlord on that property yet.

The question nobody asks first

Do you actually want to be a landlord? The math can work and the decision can still be wrong. Tenants, toilets, and 2 a.m. furnace calls are a part-time job you can’t quit without selling. Plenty of accidental landlords discover the returns weren’t worth the role — and sell two years later anyway, having paid the conversion tax costs for nothing. If the answer is “not really,” that’s data. Sell.

When selling wins

  • Rent doesn’t cover PITI plus reserves (the one-line test from the top).
  • You need the equity — for your next home’s down payment, debt, or simply to redeploy it.
  • The gain is large and currently sheltered by the principal residence exemption — selling now banks it tax-free.
  • You don’t want the landlord job, or you’re moving far enough that self-managing is impractical.
  • The property would need major capital spending (roof, furnace, foundation) to be rentable.

If selling wins, the next questions are practical: what selling actually costs in Edmonton, what comparable homes have recently sold for, and whether you even need an agent — our private-sale guide runs that math honestly.

When renting it out wins

  • The property cash-flows positively after all reserves — not just mortgage vs. rent.
  • The mortgage balance is low or zero, so most of the rent is actual return.
  • You’re moving temporarily (work posting, travel) and will re-occupy within a few years.
  • The home has suite potential — a legal secondary suite can transform marginal cash flow. See our garden suite rules guide for what Edmonton allows.
  • You have the temperament, reserves, and proximity to landlord properly — or you’ve budgeted for management.

One more scenario worth naming: if you’ll be buying your next home while keeping this one, get the financing conversation started early — carrying two properties changes your mortgage qualification. And if you’re selling one and buying another, read whether to use the same realtor for both sides before you sign anything.

Key takeaways

Run the one-line test first: if achievable rent doesn’t cover mortgage, tax, insurance, and a 10% maintenance reserve, selling usually wins. At mid-2026 rates near 6.6%, mortgaged detached homes often fail that test — low or zero mortgage balances pass it. Remember the tax layer: selling your principal residence banks the gain tax-free, while converting to a rental makes future appreciation taxable. Alberta landlord rules are manageable but slow (three full months’ notice to end a periodic tenancy for a sale, 24 hours’ written notice per showing). And be honest about the job itself: the math can work and the decision can still be wrong if you don’t want to be a landlord.

Frequently asked questions

Is it better to sell or rent out my house in Edmonton in 2026?

It depends on cash flow. As a rough rule, if the achievable rent does not cover your mortgage, property tax, insurance, and a 10% maintenance reserve, selling usually wins. At mid-2026 rates near 6.6%, many mortgaged Edmonton homes are cash-flow negative as rentals — but mortgage-free or low-balance homes can cash-flow well.

Do I pay capital gains tax if I rent out my Edmonton home instead of selling?

Converting your principal residence to a rental triggers a deemed disposition for tax purposes. Future appreciation from that point is taxable as a capital gain (currently a 50% inclusion rate), while the years it was your principal residence remain sheltered by the principal residence exemption. Rental income is taxable, though expenses like mortgage interest, tax, and insurance are deductible.

How much notice do I need to give a tenant to sell in Alberta?

For a periodic (month-to-month) tenancy, Alberta’s Residential Tenancies Act requires three full tenancy months’ notice, and it can only be given after a firm purchase contract is signed with a buyer requesting vacant possession. Fixed-term leases cannot be ended early for a sale without the tenant’s agreement. You must also give at least 24 hours’ written notice before every showing.

What does property management cost in Edmonton?

Full-service property management in Edmonton typically runs 8–10% of collected rent, plus leasing fees (often half to one month’s rent per new tenant). Self-managing saves that cost but means you handle maintenance calls, vacancies, and Alberta RTA compliance yourself.

Can I move back into my rental later to avoid capital gains tax?

Moving back in can restore principal-residence treatment for the years you live there again under CRA’s change-of-use rules — but the gain that accrued during the rental years generally remains taxable when you eventually sell. The election and filing requirements are technical, so get accountant advice before converting.

Sell now or hold it as a rental?

The right answer starts with what your home is actually worth today — get a free, no-obligation comparative market analysis.

Explore yeg.homes

This article is for general information only and does not constitute legal, tax, or investment advice. Tax rules change — confirm your situation with an accountant before converting a principal residence to a rental. © 2026 yeg.homes

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Data last updated on October 1, 2026 at 09:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.