April Road, Port Moody - August 2026 Real Estate Report

April Road, Port Moody: Your Home Is Worth More Than the City Thinks

If you own on April Road and you have not looked at your numbers lately, now is the time. The city's assessment is lagging behind reality - and the gap is not small.

The Vibe: What Is Actually Happening on April Road Right Now

Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses

The average sale price for a house on April Road sits at $1,848,000, with a price per square foot of around $902. Sales volume is quiet - only 1 transaction in 2026 so far - but that is not unusual for a street where homes rarely change hands. When they do sell, they sell at serious prices.

The predicted market value for houses is $2,245,796, which is trending up from the 3-month moving average of $2,231,346. That upward momentum, even if modest, matters. Property values have moved 1.53% recently, and on the Port Moody neighbourhood leaderboard, April Road houses rank 2nd out of 16 for growth. That puts us near the top of the city for momentum - ahead of most of our neighbours.

• Predicted Market Value (Houses): $2,245,796
• 3-Month Moving Average: $2,231,346
• Recent Value Change: +1.53%
• Average Sale Price: $1,848,000
• Price Per Square Foot: $902
• Estimated Monthly Rent: $7,430
• Rental Yield: 3.59%
• Growth Rank in Port Moody: 2nd out of 16
• Price Rank in Port Moody: 3rd out of 13

Condos

Condos on April Road are quietly picking up steam. The average HonestDoor Price for a condo is $577,567 - up 1.52% from the previous period. The predicted market value sits at $568,900, climbing from a 3-month moving average of $558,289. That is a clear upward trend. Values have shifted 3.15% recently, and condos here rank 2nd out of 15 in Port Moody for growth. That is a strong position.

For investors, the rental yield on condos comes in at 3.70% with an estimated monthly rent of $2,823. Compared to nearby Ioco, where condo values average $503,100, April Road condos are holding a premium - and earning it.

• HonestDoor Price (Condos): $577,567 - up 1.52%
• Predicted Market Value: $568,900
• 3-Month Moving Average: $558,289
• Recent Value Change: +3.15%
• Estimated Monthly Rent: $2,823
• Rental Yield: 3.70%
• Growth Rank in Port Moody: 2nd out of 15

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here is the thing about government assessments - they are a snapshot from last July. A lot has changed since then. The average assessed value for a house on April Road is $2,095,087. The average HonestDoor Price is $2,237,379. That is a gap of 6.79%, which on a home worth over two million dollars translates to roughly $142,000 sitting unrecognized on paper.

The HonestDoor Price updates in real time. It pulls from actual market activity, not a once-a-year government estimate. If you are making any financial decision - refinancing, listing, or just figuring out where you stand - the HonestDoor Price is the number that reflects what a buyer would actually pay today, not what the city decided your home was worth eight months ago.

On the Airbnb side, April Road holds the number 1 rank in all of Port Moody for short-term rental potential, with an estimate of $368 per night for houses. That is a real-world signal about demand in this pocket of the city.

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

If you are weighing a summer sale, here is the honest read. April Road is not a hot-and-frenzied market right now - neighbourhood growth is essentially flat at -0.03% year over year. But flat is not falling. And with houses ranking 2nd in Port Moody for growth momentum and 3rd for price, we are holding our ground in a market where a lot of neighbourhoods are sliding.

The buyers who are active right now are serious. Low transaction volume means less competition from other sellers on your street. That can work in your favour if your home is priced right - and "priced right" means starting with your HonestDoor Price, not your assessment.

Twin Creeks and Pleasantside - both nearby - are cheaper and growing slower. Ioco is slightly more expensive but has no clear growth data to back it up. April Road sits in a strong middle ground: premium pricing with real upward momentum. That is a good story to tell a buyer.

Bottom line - if you have been sitting on the fence, get your HonestDoor Price first. Know your real number before you make any move.

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.