Big Bend, Burnaby - October 2026 Real Estate Report
Big Bend, Burnaby: Your Neighbour Probably Has No Idea Their Home Is Worth This Much
If you own a home in Big Bend and you're still looking at your BC Assessment notice to figure out what your place is worth, you're working with old information. The average assessed value here sits at $1,666,237 - but the average HonestDoor Price is $1,906,964. That's a gap of over $240,000. That's not a rounding error. That's a renovation, a down payment on a rental, or a very comfortable retirement top-up.
The Vibe: What's Actually Happening on Our Streets
Let's be straight with each other. Big Bend is taking a breather. Neighbourhood growth dipped 0.01% year over year, and we're not going to pretend that's a boom. But here's the thing - the fundamentals are solid. We have 383 assessed properties, a tight transaction market, and values that are holding up better than most of Burnaby.
Houses in Big Bend
If you've been watching the "For Sale" signs around Big Bend, here's what's actually happening with houses right now.
- Average HonestDoor Price: $1,906,964 (down 3.41% from last period)
- Predicted market value: $1,971,013 - up from the 3-month moving average of $1,926,649
- Average sale price: $1,172,800
- Price per square foot: $909
- Estimated rent: $6,633 per month
- Rental yield: 3.87%
- Airbnb potential: $329 per night (ranked 12th in Burnaby)
- Growth rank: 2 out of 36 neighbourhoods in Burnaby
That growth rank is the number we keep coming back to. Out of 36 comparable neighbourhoods in Burnaby, Big Bend houses rank 2nd for growth. That puts us near the top of the leaderboard - even while the broader market cools. The predicted value is climbing past the 3-month average, which tells us the short-term direction is still pointing up for houses.
Compare that to our neighbours: Clinton-Glenwood houses are sitting at $1,638,480 with growth at -0.03%, and Stride Hill is at $1,298,051 with growth at -0.04%. Sussex-Nelson is pricier at $2,057,030 but also growing slower. Big Bend is holding its own in a tough room.
Condos in Big Bend
The condo story here is quieter, but still worth paying attention to.
- Average HonestDoor Price: $760,110 (down 2.25% from last period)
- Predicted market value: $777,590 - up from the 3-month moving average of $761,728
- Estimated rent: $3,575 per month
- Rental yield: 3.29%
- Airbnb potential: $177 per night
- Growth rank: 2 out of 37 neighbourhoods in Burnaby
Same story as houses - condos here rank 2nd out of 37 Burnaby neighbourhoods for growth. That's a strong leaderboard position. The predicted value of $777,590 sits above nearby Stride Hill condos at $638,533, and below Clinton-Glenwood at $865,931. We're in the middle of the pack on price, but near the top on momentum. For condo owners, that's a decent place to be.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the honest version of what's going on. Your BC Assessment is a snapshot taken on July 1st of the previous year. It doesn't know what sold last month. It doesn't know what buyers are actually offering right now. It's a government estimate built for tax purposes - not for real-world decisions.
The HonestDoor Price updates in real time. It pulls in actual transaction data, current market signals, and comparable sales as they happen. For Big Bend house owners, that means the HonestDoor Price is running 14.45% higher than the average assessed value. If you're making any decision - selling, refinancing, or just figuring out your net worth - you want the number that reflects today, not last July.
The HonestDoor Price for houses here has dipped 3.41% recently, and condos are down 2.25%. That's the market taking a breather. But the predicted values are climbing back above their 3-month averages. That's a signal worth watching.
The So What: Thinking About Selling This Summer?
Here's the straight talk for anyone considering a summer sale in Big Bend.
- You're sitting on a home that ranks near the top of Burnaby for growth momentum - that's a real selling point
- Transaction volume is low right now - only 1 property sold in 2026 so far - which means less competition if you list
- Your HonestDoor Price is likely well above what your assessment says - know that number before you talk to any agent
- Rental demand is strong - $6,478 average estimated rent means buyers with investment intent are paying attention to Big Bend
- The predicted value trend is moving up, but the HonestDoor Price has softened slightly - if you're selling, sooner beats later in a softening market
Bottom line: Big Bend is not a neighbourhood in trouble. It's a neighbourhood where informed owners win. Check your HonestDoor Price, understand the gap between it and your assessment, and make your move with real numbers - not last year's paperwork.
big bend | burnaby | october 2026This 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.