Big Bend, Burnaby - July 2026 Real Estate Report

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

If you own a place in Big Bend and you have not looked at your HonestDoor Price lately, now is the time. The gap between what the city says your home is worth and what the market actually says is not small - it is nearly 15%. That is real money sitting on the table.

The Vibe: What Is Happening Right Now

Big Bend is a quiet neighbourhood in the best sense. It is not flashy, but the numbers tell a solid story for homeowners. Here is how houses and condos are stacking up for us right now.

Houses

If you own a house in Big Bend, the market is holding steady. Sales volume is thin - only 1 transaction recorded in 2026 - but that is typical for a neighbourhood with 383 assessed properties. Low turnover often means owners are happy where they are.

• Average HonestDoor Price: $1,912,001
• HonestDoor Price change: up 4.25% from the previous period
• Average assessed value: $1,666,237
• Gap between assessment and HonestDoor Price: 14.75% higher
• Predicted market value: $1,831,315
• Average sale price: $1,172,800
• Price per square foot: $909
• Estimated monthly rent: $6,293
• Rental yield: 3.95%
• Airbnb potential: $313 per month
• Neighbourhood growth rank: 12 out of 36 in Burnaby - above average

That growth rank is worth paying attention to. On the Burnaby neighbourhood leaderboard, Big Bend houses sit in the top third for growth. We are not leading the pack, but we are ahead of more than half the city. The predicted value of $1,831,315 is also ticking up against the 3-month moving average of $1,830,764, which means momentum is pointing in the right direction even as the broader market takes a breather.

Condos

The condo picture is a bit more honest about the current slowdown. Values have dipped recently, and the growth rank puts Big Bend condos in the lower half of the Burnaby leaderboard. That said, the fundamentals are not broken.

• Average HonestDoor Price: $755,410
• HonestDoor Price change: down 1.30% from the previous period
• Predicted market value: $765,332
• 3-month moving average: $758,052
• Estimated monthly rent: $3,500
• Rental yield: 3.31%
• Airbnb potential: $176 per month
• Airbnb rank in Burnaby: 22
• Growth rank: 29 out of 37 in Burnaby - below average

The predicted value of $765,332 is sitting above the 3-month moving average, which is a small but real positive signal. Compared to nearby Clinton-Glenwood at $890,413, Big Bend condos are a relative entry point into this part of Burnaby. Stride Hill at $653,850 is cheaper, but growing slower too.

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

Here is the thing about your BC Assessment notice. It is based on data that is already months old by the time it lands in your mailbox. The city is not trying to mislead you - that is just how the system works. But if you are making a real financial decision, you need a real-time number.

For house owners in Big Bend, the HonestDoor Price of $1,912,001 is running $245,764 above the average assessed value of $1,666,237. That is a 14.75% difference. If you walked into a conversation with a buyer or a mortgage lender using only your assessment, you would be starting from a number that undersells your position by nearly a quarter million dollars.

The HonestDoor Price pulls from current market activity and updates regularly. Think of it as the real-world check - what a buyer would actually pay today, not what the government estimated last July.

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

If you are a house owner in Big Bend and you are weighing a summer sale, the timing is not terrible. Your HonestDoor Price is up 4.25% from the previous period. The neighbourhood ranks above average for growth in Burnaby. And with only 1 transaction recorded so far in 2026, there is very little competition from other sellers on your street.

Low inventory cuts both ways - fewer comps can make pricing trickier, but it also means a well-priced listing stands out. At $909 per square foot, buyers looking at Big Bend houses are paying a fair premium for the area, and the rental yield of 3.95% makes the numbers work for investor buyers too.

For condo owners, the honest answer is that this is not the strongest moment to rush a sale. Values are down 1.30% from the previous period and the growth rank of 29 out of 37 means other Burnaby neighbourhoods are outpacing us right now. If you do not need to sell, holding and collecting that $3,500 estimated monthly rent is a reasonable play while the market finds its footing.

Either way - house or condo - check your HonestDoor Price before you do anything else. It is the number that actually reflects today's market, and in Big Bend right now, that difference is too big to ignore.

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.