Big Bend, Burnaby - September 2026 Real Estate Report

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

If you own a home in Big Bend and you haven't checked your HonestDoor Price lately, you're probably sitting on a number that's a lot bigger than what's on your tax assessment. We're talking a gap of nearly $308,000. That's not a rounding error - that's real money left on the table if you're making decisions based on outdated city numbers.

The Vibe: What's Actually Happening in Big Bend Right Now

Let's be straight with each other. The market here is taking a breather. Neighbourhood growth is essentially flat, down just 0.01% year over year. But "flat" doesn't mean "falling apart." It means we're in a holding pattern - and for sellers, that's still a strong position to be in.

Houses: The Real Story

If you've been watching the "For Sale" signs in Big Bend, here's what's actually happening with houses right now.

• HonestDoor Price: $1,974,193 - up 3.73% from the previous period
• Predicted market value: $1,900,107 - trending up from the 3-month average of $1,880,083
• Average assessed value: $1,666,237 - that's $307,956 below the HonestDoor Price
• Average sale price: $1,172,800 at roughly $909 per square foot
• Estimated rent: $6,467 per month with a rental yield of 3.91%
• Airbnb potential: around $321 per month
• Growth rank: 3 out of 36 neighbourhoods in Burnaby - that's top tier

That growth rank is the number we should all be talking about. Out of 36 comparable neighbourhoods in Burnaby, Big Bend houses rank 3rd for growth. Our neighbours in Clinton-Glenwood, Stride Hill, and Sussex-Nelson are all posting slower growth than us. Sussex-Nelson homes are priced a bit higher at $2,087,261, but they're growing slower. That tells us Big Bend is punching above its weight right now.

Condos: A More Cautious Picture

The condo side of Big Bend is a different conversation. We're not going to sugarcoat it.

• HonestDoor Price: $777,590 - up 3.38% from the previous period
• Predicted market value: $752,182 - slightly below the 3-month average of $757,642
• Estimated rent: $3,491 per month with a rental yield of 3.34%
• Airbnb potential: around $174 per month
• Growth rank: 33 out of 37 neighbourhoods in Burnaby - near the bottom

Condo values here have dipped 0.43% recently, and that growth rank of 33 out of 37 is a signal worth paying attention to. Nearby Stride Hill condos sit at $644,464, so we're still priced above some neighbours - but Clinton-Glenwood condos are coming in higher at $881,889. If you own a condo in Big Bend, now is the time to watch this closely, not ignore it.

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

Here's the thing about your BC Assessment notice. It's a snapshot from the past. The city calculates it based on data that's already months old by the time it lands in your mailbox. It doesn't know what the market did last quarter. It doesn't adjust in real time.

The HonestDoor Price does. For Big Bend houses, the HonestDoor Price is 18.48% higher than the average assessed value. On a home assessed at $1,666,237, that gap works out to roughly $307,956. If you're using your assessment to decide whether to sell, refinance, or even just feel good about your net worth - you're working with the wrong number. The HonestDoor Price is the real-world check that updates as the market moves, not once a year.

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

For house owners in Big Bend, the case for listing this summer is real. Values are trending up, the predicted market value is climbing past its 3-month average, and our growth rank puts us near the top of the Burnaby leaderboard. With only 1 transaction recorded in 2026 so far across 383 assessed properties, there is very little competition on the market. Low supply and strong demand is exactly the setup a seller wants.

For condo owners, the honest advice is to move carefully. Values are drifting slightly lower, and the growth rank near the bottom of Burnaby means you're not in a rush-to-list situation. That said, a rental yield of 3.34% and a monthly rent estimate of $3,491 means holding and renting is a reasonable play while you wait for conditions to improve.

Bottom line - if you own a house in Big Bend, your HonestDoor Price is your strongest asset heading into summer. Use it.

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.