Boundary, North Vancouver - September 2026 Real Estate Report

Boundary, North Vancouver: Here's What Your Home Is Actually Worth Right Now

If you live in Boundary and you've been glancing at your last property assessment thinking "that's probably about right" - it's time for a closer look. The numbers are moving, and not always in the direction you'd expect.

The Vibe: What's Happening on Our Streets

Let's split this into two honest conversations - one for house owners, one for condo owners - because the story is pretty different depending on what you've got.

Houses in Boundary

If you've been watching the "For Sale" signs in Boundary, here's what's actually happening with houses right now. The average sale price is sitting at $2,537,000, and the market is essentially holding steady. Only 1 house sold last month, so we're not exactly seeing a flood of activity - but that also means serious buyers have very little to choose from.

• Average sale price: $2,537,000
• Price per square foot: $772
• HonestDoor predicted market value: $1,962,259
• 3-month moving average: $1,979,765 (values are easing slightly)
• Estimated monthly rent: $6,716
• Rental yield: 3.70%
• Recent value change: +0.48%
• Growth rank: 28 out of 52 neighbourhoods in North Vancouver (below average)
• Price rank: 5 out of 46 neighbourhoods in North Vancouver (among the most expensive)

That price rank is worth pausing on. We're sitting in the top 5 most expensive neighbourhoods in North Vancouver for houses. That's not a small thing. Growth is middling right now - rank 28 out of 52 puts us just below the halfway mark on the neighbourhood leaderboard - but the price floor here is high, and that matters when you're thinking about what you'd walk away with at closing.

The predicted market value is currently tracking slightly below the 3-month moving average of $1,979,765. In plain terms, values are taking a small breather. Nothing dramatic, but worth watching.

Condos in Boundary

The condo picture is a bit more interesting. Values have dipped 3.37% from the previous period, which is the kind of move that gets your attention. But here's the flip side - the predicted market value of $1,376,580 is actually climbing above the 3-month moving average of $1,360,533. So while the recent drop stings a little, the short-term trend is pointing back up.

• Average HonestDoor Price: $1,330,220 (down 3.37% from last period)
• Predicted market value: $1,376,580
• 3-month moving average: $1,360,533 (values are recovering)
• Estimated monthly rent: $5,220
• Rental yield: 2.34%
• Airbnb estimate: $253 per night
• Recent value change: -0.43%
• Growth rank: 11 out of 48 neighbourhoods in North Vancouver (above average)

That growth rank of 11 out of 48 puts Boundary condos solidly in the top quarter of the neighbourhood leaderboard. For condo owners, that's actually a decent position to be in right now across North Vancouver.

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

Here's the thing about your BC Assessment number - it's a snapshot from July 1st of last year. The market doesn't care about last July. It cares about right now.

The average assessed value in Boundary sits at $1,948,591. The average HonestDoor Price is $1,954,274 - already 0.29% higher than that government number. That gap might sound small, but on a nearly $2 million asset, every percentage point is real money. And unlike your assessment, the HonestDoor Price updates in real time as the market moves.

If you're making any decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number that reflects what a buyer would actually pay today, not what a government formula calculated 12 months ago.

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

Straight talk: Boundary is not a neighbourhood where you panic-sell. Here's why.

For house owners, you're in one of the top 5 most expensive neighbourhoods in all of North Vancouver. Inventory is thin - 1 sale last month means buyers who want in here don't have many options. That's leverage. The market is taking a small breather on growth, but the price floor is high and the rental income potential of $6,716 per month gives you options if you want to hold instead.

For condo owners, the recent 3.37% dip is real, but the predicted value is already climbing back above the 3-month average. If you were planning to sell this summer, the window is worth watching closely over the next 60 days to see if that recovery holds.

Either way, the first thing to do is check your HonestDoor Price before you call an agent. Know your real number. Then negotiate from there.

• Overall neighbourhood growth: -0.02% year over year (the market is steady, not sliding)
• Average rental estimate (all properties): $6,695 per month
• Airbnb potential: $333 per night - ranked 30th in North Vancouver
• Total properties assessed: 487

Bottom line - Boundary is a high-value, low-volume market. That combination rewards patience and punishes guesswork. Get your real number first.

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.