Big Bend, Burnaby - August 2026 Real Estate Report

Big Bend, Burnaby: Your Home Is Worth More Than the City Thinks

If you own a house in Big Bend and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says one thing. The actual market says something very different. Here is the real picture.

The Vibe: What Is Actually Happening in Big Bend Right Now

Big Bend is a small, tight neighbourhood - 383 assessed properties, not a lot of turnover. That low supply is a big part of why house values here hold up. Let us break it down by property type.

Houses: A Quiet Leader

Houses in Big Bend are punching above their weight. The predicted market value sits at $1,908,826, up from a 3-month moving average of $1,858,123. That is a real, measurable climb. Property values have moved 4.23% recently, and that growth ranks 1 out of 36 comparable neighbourhoods in Burnaby. First place. That is not a small thing.

• Average HonestDoor Price: $1,903,186
• Average City Assessment: $1,666,237
• Gap between the two: 14.22% - that is roughly $237,000 the assessment is not capturing
• Price per square foot: $909
• Estimated monthly rent: $6,475 to $6,481
• Rental yield: 3.92%
• Growth rank in Burnaby: 1 out of 36 neighbourhoods

Compare that to the neighbours. Clinton-Glenwood houses are priced at $1,653,318 and growing slower. Stride Hill comes in at $1,293,974, also growing slower. Sussex-Nelson is slightly ahead at $2,029,380 but is also growing slower than Big Bend. We are the growth leader in this corner of Burnaby right now.

Condos: Taking a Breather

The condo picture is more cautious. The predicted value of $755,410 is actually slipping below the 3-month moving average of $763,329, and values have dipped 1.30% recently. That said, Big Bend condos still rank 9 out of 37 Burnaby neighbourhoods for growth - above average, not a collapse.

• Average HonestDoor Price: $752,182 (down 0.43% from last period)
• Predicted market value: $755,410
• Estimated monthly rent: $3,491 to $3,500
• Rental yield: 3.34%
• Airbnb estimate: $174 per night
• Condo growth rank in Burnaby: 9 out of 37 neighbourhoods

For context, nearby Clinton-Glenwood condos are sitting at $855,326 and Stride Hill is at $642,160. Big Bend condos land right in the middle of that range. If you own a condo here, the short-term trend is soft, but you are not in a bad spot relative to the rest of Burnaby.

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

Here is the thing about city assessments - they are a snapshot from the past. The BC Assessment figure on your property tax notice reflects market conditions from July 1 of the previous year. It does not know what happened in the last six months. It does not update when your street gets hot.

For Big Bend houses, that gap is $237,000 right now. The average city assessment is $1,666,237. The average HonestDoor Price is $1,903,186. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessment number means you are working with stale data.

The HonestDoor Price pulls from real-time market signals. It is the number that reflects what a buyer would actually pay today, not what the city calculated a year ago. For Big Bend homeowners, that difference is not a rounding error. It is a significant chunk of equity you may not be accounting for.

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

If you own a house in Big Bend and you are thinking about listing this summer, the timing has some real things going for it. Growth is ranked first in Burnaby. The predicted value is trending up. And with only 1 transaction recorded in 2026 so far, inventory is extremely tight - which means serious buyers have almost nothing to choose from in this neighbourhood.

Tight supply plus strong growth rank plus a 14% gap between assessment and real market value - that is a combination that works in a seller's favour. The market is not going gangbusters, but Big Bend houses are holding their ground better than almost anywhere else in Burnaby right now.

For condo owners, a little patience may be warranted. Values are softening slightly in the short term. If selling is not urgent, watching the next 90 days of movement makes sense before committing to a list price.

Either way, start with your HonestDoor Price - not your tax notice. That is the number that actually reflects what your home is worth today.

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.