If you own a home in Boundary and you have been glancing at your last tax assessment wondering if it still means anything, the short answer is: not really. The city's numbers are a snapshot from the past. The market has moved. Here is what is actually happening on your street right now.
We are in a market that is taking a breather, but it is not falling apart. There is a difference, and it matters for your wallet.
Houses
One property sold last month. That is a thin market, which means pricing your home correctly is everything right now. One bad comp can drag your number down. One strong one can lift it. With only a handful of sales happening, the HonestDoor Price gives us a much cleaner read than waiting for the next wave of transactions to roll in.
Condos
Condo owners, the headline number looks good - a 4.55% bump in the HonestDoor Price is real money at this price point. But the recent 1.59% dip and a below-average growth rank tell us the condo segment here is a bit mixed. The Airbnb ranking of 6th in all of North Vancouver is genuinely impressive though. If you are holding a condo in Boundary and not thinking about short-term rental income, that number is worth a second look.
Your city assessment is set once a year and it is already old by the time it lands in your mailbox. For houses in Boundary, the average assessed value sits at $1,948,591. The average HonestDoor Price is $1,952,887 - a 0.22% difference. That gap sounds small, but it is not the gap that matters most. What matters is that the HonestDoor Price updates in real time as market conditions shift.
The house market here has seen a 3.52% decrease from the previous period. Your assessment does not know that yet. If you are making a financial decision - refinancing, selling, buying out a partner - using a stale government number could cost you. The HonestDoor Price is the real-world check that reflects where the market actually is today, not where it was last July.
For context, here is how Boundary stacks up against the neighbours:
Boundary is holding its own in a competitive neighbourhood leaderboard. We are not the cheapest option, but we are not bleeding value either.
Here is the straight talk. If you own a house in Boundary and you are thinking about listing this summer, you are sitting on one of the more expensive addresses in North Vancouver - top 6 out of 47 neighbourhoods on price. That is a strong position. Values are up 1.45% recently and the predicted market value of $2,024,151 is climbing above the 3-month average. The window is open.
The catch is volume. With very few sales happening right now, your listing will not have much competition - but it also will not have much cover. Buyers will be watching closely. Pricing sharp and using a current, data-backed number like the HonestDoor Price will matter far more than anchoring to last year's assessment.
If you own a condo, the story is a bit more patient. The growth rank of 35 out of 48 says the condo segment is not leading the pack right now. If you can hold, the upward trend in the HonestDoor Price and that top-tier Airbnb ranking suggest the fundamentals are still solid. If you need to move, price it honestly and move quickly.
Either way, the best first step is pulling your HonestDoor Price today. It takes 30 seconds and it will tell you more about where you actually stand than any piece of mail from the city ever will.
boundary | north vancouver | july 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.