Edmonton Assessment vs. Market Value: What's the Difference
Your City of Edmonton assessment isn't your home's sale price. What each number measures, why they differ, and which one matters when you sell.
READ POSTEvery Sherwood Park listing with a three-car garage, plus where the inventory actually is, what it costs, and what to check before you write an offer.
Triple garage homes for sale in Sherwood Park are one of the tightest segments in the entire Edmonton region — a small slice of overall inventory chased by a community full of trucks, trailers, sleds and toolboxes. Strathcona County draws a high share of trades, engineering and Industrial Heartland households, and a double garage stops being enough the first time a second truck and a quad show up in the same driveway. The current MLS® listings at the top of this page refresh daily — and the guide below explains what these homes cost, which neighbourhoods actually have them, and what separates a real third bay from a marketing line.
Start with the baseline. The average Sherwood Park sale in June 2026 came in at $521,000 across all home types, up 1.46% year-over-year, with the year-to-date average at $524,000 — about 2.9% ahead of the same stretch in 2025, according to REALTORS® Association of Edmonton figures. That number blends condos, townhomes and detached houses, so it sits well below what you'll pay for anything with three bays attached to it.
Avg. sale price · June 2026
$521,000
Avg. days on market
28 days
Typical triple-garage range
$700K – $950K
The entry point sits near $600,000, and it is almost always new construction — a builder's larger plan in one of the northeast communities, where you're paying for the third bay as an option on an otherwise standard family home. The bulk of the market runs $700,000 to $950,000: an established two-storey or bungalow on a wider lot, usually with the garage heated and the basement finished. Above roughly $1 million you're into custom executive product, and Sherwood Park's top end runs past $2 million for the best Foxboro builds.
What drives the premium is lot geometry, not the garage itself. A third bay needs frontage, and Sherwood Park's mature streets were mostly platted for doubles. So the supply is concentrated where the lots were cut wide in the first place — which is why the price and the postal code are so closely linked here.
If you're shopping the region rather than one town, the trade-off is worth seeing side by side. Sherwood Park prices above Fort Saskatchewan and below St. Albert — but it clears inventory faster than either, which changes how you should approach an offer.
| Market | Avg. sale price | Year-over-year | Avg. days on market |
|---|---|---|---|
| Sherwood Park | $521,000 | +1.5% | 28 days |
| St. Albert | $555,000 | +2.5% | 48 days |
| Fort Saskatchewan | $475,000 | +2.4% | — |
| Greater Edmonton — all residential | $483,600 | +4.0% | — |
| Greater Edmonton — detached only | $592,989 | +3.3% | — |
The 28-day figure is the one to pay attention to. St. Albert homes are sitting 20 days longer on average, which means a Sherwood Park buyer has materially less time to deliberate. Pre-approval and a clear must-have list aren't optional here — by the time you've booked a second showing on a well-priced triple, someone else has often written.
Sherwood Park's triple-garage inventory falls into three fairly clean tiers, and knowing which one you're shopping saves a lot of wasted weekends.
Foxboro and Woodbridge Farms are the two names most closely associated with triple garages in Sherwood Park, and for the same reason: both were laid out with generous lots and custom home designs, so the third bay was designed in rather than squeezed in. Estates of Sherwood, Broadmoor Estates and Village on the Lake round out the prestige end. Foxboro in particular spans an unusually wide range — you can find entry-level product there alongside custom builds well past $2 million — so don't rule it out on reputation alone.
This is where most buyers actually transact. Summerwood, Emerald Hills, Lakeland Ridge, Salisbury Village, Davidson Creek and Jubilee Landing were built with doubles as the default, but the larger plans on wider lots carry triples. Lakeland Ridge and Summerwood in particular stay in steady demand for their schools and parks, so listings there don't linger. Heritage Hills and Heritage Point belong in the same conversation — mature landscaping and larger lots, with a decent share of homes that can accommodate the extra bay.
Cambrian — Rohit's 310-acre master-planned community along the Oldman Creek ravine — is Sherwood Park's most active new-build area, with multiple builders and phases releasing regularly. Hearthstone, built by Mattamy, is the other major new community, with Aspen Trails and Hillshire filling in alongside. The advantage here is simple: instead of waiting for a resale triple to hit the market, you spec one. The trade-off is timeline, and the fact that new construction in Sherwood Park averaged 67 days on market in June 2026 tells you builders currently have inventory to move.
Glen Allan, Mills Haven, Brentwood, Broadmoor, Sherwood Heights, Nottingham, Westboro and Maplegrove are Sherwood Park's established core. Attached triples are genuinely rare here — the lots weren't cut for them. What you will find is deep lots with room for a detached shop, an oversized double plus RV parking, or a rear-lane garage that can be rebuilt. If your real requirement is covered space for three vehicles rather than three attached bays, these streets are worth searching, and the price per square foot is usually kinder.
Five things that separate a triple that works from one that just says "triple" on the listing sheet.
Expect to start around $600,000 for a new-build triple and $700,000 to $950,000 for most established homes. Foxboro and Woodbridge Farms have the deepest inventory; Summerwood, Emerald Hills and Lakeland Ridge are where most buyers land; Cambrian and Hearthstone let you order one new. Verify the third bay isn't tandem, and get pre-approved — 28 days on market means you won't have long to think about it.
Explore more homes across Sherwood Park and the surrounding region:
Triple garage homes in Sherwood Park generally start around $600,000 for a base new-construction build and most commonly trade between $700,000 and $950,000. Executive and custom homes in Foxboro, Woodbridge Farms and Estates of Sherwood run past $1 million and, at the top end, well beyond $2 million. For context, the average Sherwood Park sale in June 2026 was $521,000 across all home types, with the year-to-date average at $524,000, according to REALTORS® Association of Edmonton data.
Foxboro, Woodbridge Farms, Estates of Sherwood, Broadmoor Estates and Village on the Lake hold the highest concentration, because larger lots and custom designs make the third bay close to standard. Newer family communities including Summerwood, Emerald Hills, Lakeland Ridge, Salisbury Village and Davidson Creek carry triples on their larger plans. In the newest areas — Cambrian, Hearthstone, Aspen Trails and Hillshire — a triple is usually available as a builder option rather than something you wait for on resale.
For a lot of Sherwood Park buyers, yes. Strathcona County draws a high share of households working in trades, engineering and the Industrial Heartland, and trucks, trailers, boats and sleds fill a double garage fast. Triple garage homes are also a limited share of local inventory, which tends to keep buyer interest strong when it comes time to resell.
The MLS® listings at the top of this page are pulled from the REALTORS® Association of Edmonton feed and refresh daily. Triple garage homes are a small segment of the Sherwood Park market, so setting up a saved alert is the most reliable way to see a new one the day it comes to market.
Get Sherwood Park homes with three-car garages emailed to you the moment they hit the market.
Set up my home alertListing data is deemed reliable but not guaranteed accurate by the REALTORS® Association of Edmonton. Market figures are indicative and for general information only; verify all details before making any decision. © 2026 yeg.homes