Ardingley-Sproff, Burnaby - August 2026 Real Estate Report

Ardingley-Sproff, Burnaby: Your Neighbour Just Got a Surprise - Here's What's Really Going On

The Vibe Right Now

If you own a home in Ardingley-Sproff and you haven't checked your HonestDoor Price lately, now is the time. The market here is doing two very different things depending on what you own - and the gap between your city assessment and your real-world value is wider than you might think.

Houses: A Quiet Overachiever

Let's start with the good news for house owners. The predicted market value for a house in Ardingley-Sproff sits at $998,193 - and that number is climbing. It's up from a 3-month moving average of $990,256, which tells us the momentum is pointing in the right direction.

• Average HonestDoor Price: $971,421
• Recent price change: up 2.07%
• Growth rank: 2 out of 36 neighbourhoods in Burnaby
• Estimated rent: $3,970 per month
• Rental yield: 4.89%
• Airbnb potential: $197 per night

That growth rank is the number to pay attention to. Out of 36 comparable Burnaby neighbourhoods, Ardingley-Sproff houses rank 2nd for growth. That is not a small thing. We are sitting near the top of the leaderboard while neighbours in Douglas-Gilpin, Government Road, and Parkcrest-Aubrey are all showing flat or slightly negative growth - even though their average prices are significantly higher. Higher price does not always mean better momentum.

Condos: Taking a Breather

The condo picture is a bit more honest about where the market is right now. Prices are softening, and it's worth knowing the details before making any moves.

• Average HonestDoor Price: $761,747 (up 1.86% from last period)
• Average assessed value: $795,331
• HonestDoor Price is 4.22% below the Burnaby average assessed value
• Predicted market value: $747,818
• 3-month moving average: $758,946 (predicted value is trending down)
• Recent price change: -3.19%
• Average sale price: $720,000
• Price per square foot: $751
• Estimated rent: $3,492 per month
• Rental yield: 3.35%
• Growth rank: 27 out of 37 neighbourhoods in Burnaby
• Price rank: 8 out of 26 (above average in price)

Here is what that means in plain language. Condo values in Ardingley-Sproff are above average in price for Burnaby - we rank 8th out of 26 - but growth is lagging at 27th out of 37. The predicted value is still higher than nearby Government Road condos at $621,980, so we are not at the bottom of the pile. But the 3-month trend is dipping, and that is worth watching if you are thinking about timing a sale.

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

Here is the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. The market has moved since then - sometimes a lot. For condo owners in Ardingley-Sproff, the HonestDoor Price is already coming in 4.22% below the average assessed value in Burnaby. That gap is real money. If you are pricing a sale based on your assessment, you could be starting from the wrong number entirely.

For house owners, the story flips. With a growth rank of 2nd in Burnaby and a predicted value pushing toward $998,193, your HonestDoor Price is a live, real-world check on what buyers are actually paying right now - not what the city calculated a year ago. That difference could mean tens of thousands of dollars in your pocket if you price it right.

The HonestDoor Price updates continuously. Your assessment does not. That is the whole point.

The So What - Thinking About Selling This Summer?

If you own a house in Ardingley-Sproff, this summer is worth a serious look. You are in a top-2 growth neighbourhood in Burnaby, values are trending up, and the rental yield of 4.89% means buyers who are investors are paying attention too. The window of being a quiet overachiever while the bigger-name neighbourhoods stall is exactly the kind of moment sellers want to catch.

If you own a condo, be honest with yourself about the timing. The predicted value is dipping below the 3-month average, and growth ranks 27th out of 37. That does not mean do not sell - it means price it sharp and do not anchor to your assessment. With only 2 sales recorded recently, there is not a flood of competition, but there is also not a lineup of eager buyers. A well-priced listing stands out. An overpriced one sits.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your real number - not last year's government guess.

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.