Braemar, North Vancouver - August 2026 Real Estate Report

Braemar, North Vancouver: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you have been watching the "For Sale" signs in Braemar, here is what is actually happening. We are sitting in one of North Vancouver's top-tier neighbourhoods, and the numbers back that up. With 139 properties assessed this year, there is enough data to get a real read on where things stand - and the story is more nuanced than a single headline.

On the houses side, the predicted market value is sitting at $2,717,786. That number is dipping slightly against the 3-month moving average of $2,766,622, which tells us the market is taking a breather after a strong run. A recent price change of -2.33% is worth watching, but it does not erase the bigger picture: Braemar is still a premium address in this city.

Neighbourhood growth is down a modest 0.07% year over year. That is not a red flag - it is a speed bump. Every comparable neighbourhood nearby is in the same boat. Central Lynn is down 0.03%, Carisbrooke is down 0.02%, and Boundary is down 0.02%. We are all moving in the same direction right now.

The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment

Here is the thing most Braemar homeowners do not realize. The city's assessed value for homes here averages $2,624,460. That number was locked in months ago and has not moved since. The average HonestDoor Price right now is $2,747,750 - that is 4.70% higher than what the city has on file, and it has already climbed 1.10% from the previous period.

That gap is real money. We are talking roughly $123,000 in value that your tax assessment is simply not capturing. The HonestDoor Price updates in real time using current market signals. Your assessment does not. If you are making any financial decision based on your assessed value alone - whether that is a refinance, an estate conversation, or a sale - you are working with a stale number.

• Average Assessed Value: $2,624,460
• Average HonestDoor Price: $2,747,750
• Gap in your favour: approximately $123,290 (4.70% higher)
• HonestDoor Price growth from previous period: +1.10%
• Assessed value rank in North Vancouver: 4th - this is a high-value pocket

The Neighbourhood Leaderboard

On growth, Braemar ranks 23rd out of 52 comparable neighbourhoods in North Vancouver. That puts us in the above-average tier - not leading the pack, but solidly ahead of the bottom half. Think of it as sitting comfortably in the top 45% of the city.

Compare that to what is around us. Central Lynn, Carisbrooke, and Boundary are all cheaper entry points and technically growing slightly faster right now. But none of them are touching Braemar's price floor. You pay more to get in here because the address commands it.

• Braemar growth rank: 23 out of 52 neighbourhoods - above average
• Central Lynn - HonestDoor Price $2,076,550 - Growth -0.03%
• Carisbrooke - HonestDoor Price $2,283,857 - Growth -0.02%
• Boundary - HonestDoor Price $1,962,259 - Growth -0.02%

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

If a summer sale is on your radar, here is the honest take. The short-term price movement is slightly negative, and the 3-month trend is softening. That means waiting for a big price surge before listing is probably not the play right now.

What works in your favour is the rental story. Average rental income here is estimated at $8,843 per month, with a rental yield of 3.43%. That is a moderate but real return, and it signals that buyers - especially investors - see genuine income potential in Braemar. Your Airbnb rank in North Vancouver is 2nd, with an estimated $439 per night. That is a serious draw for buyers who want flexibility.

The practical move right now is to check your HonestDoor Price before you do anything else. Not your assessment. Not what your neighbour sold for two years ago. The real-time number. You are likely sitting on more equity than you think, and knowing that exact figure puts you in a much stronger position when it is time to have a conversation with a buyer.

• Average rental estimate: $8,843 per month
• Rental yield: 3.43%
• Airbnb estimate: $439 per night
• Airbnb rank in North Vancouver: 2nd - a genuine competitive edge
• Current market direction: softening slightly - price accordingly and move with confidence

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.