Braemar, North Vancouver - July 2026 Real Estate Report

Braemar, North Vancouver: Your Home Is Worth More Than the City Thinks - But the Market Is Taking a Breather

The Vibe Right Now

If you've been watching the "For Sale" signs in Braemar lately, here's what's actually happening. We're sitting in one of North Vancouver's pricier pockets, and the numbers back that up. The average HonestDoor Price for a house here is $2,717,786 - that puts us at rank 4 out of all North Vancouver neighbourhoods for assessed value. That's not a small deal.

The honest part? Values have dipped. We're down 2.33% from the previous period, and recent data puts the short-term change at -0.61%. This isn't a crash - it's a cooling. The 3-month moving average for houses sits at $2,764,708, and the predicted market value of $2,782,543 is actually creeping above that. So the floor hasn't fallen out. But we're not sprinting either.

• Average HonestDoor Price: $2,717,786
• Predicted Market Value: $2,782,543
• 3-Month Moving Average: $2,764,708
• Recent Price Change: -0.61%
• Year-Over-Year Neighbourhood Growth: -0.07%
• Growth Rank: 47 out of 54 North Vancouver neighbourhoods
• Total Properties Assessed: 139

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

Here's the thing most Braemar homeowners miss. The city's average assessed value is $2,624,460. Your HonestDoor Price is $2,717,786. That's a $93,326 gap - and it matters a lot if you're thinking about selling, refinancing, or just want to know what your biggest asset is actually worth today.

Government assessments are snapshots frozen in time. They're based on data that's already months old by the time it lands in your mailbox. The HonestDoor Price is a real-world check - it moves with the market, not behind it. Right now, Braemar homes are running 3.56% above the city's assessment. If you're making any financial decision based on that assessment number alone, you're working with an outdated map.

The Rental Picture

If you're not selling, the income side of Braemar is genuinely strong. We rank 3rd in all of North Vancouver for Airbnb potential, with an estimated $436 per night. Long-term rental estimates come in at $8,769 per month on average, with a rental yield of 3.41%. That's a moderate return for a market at this price point - not a cash-flow goldmine, but solid for a wealth-building hold.

• Average Rental Estimate: $8,769 per month
• Airbnb Estimate: $436 per night
• Rental Yield: 3.41%
• Airbnb Rank in North Vancouver: 3 out of 54

The Neighbourhood Leaderboard - Where Braemar Stands

Let's be straight with each other. On the growth leaderboard, Braemar sits at 47 out of 54 North Vancouver neighbourhoods. That puts us near the bottom of the pack for momentum right now. Every nearby neighbourhood is cheaper and growing faster than us.

• Central Lynn - HonestDoor Price $2,059,298 - Growth -0.03% - faster than Braemar
• Carisbrooke - HonestDoor Price $2,240,803 - Growth -0.02% - faster than Braemar
• Boundary - HonestDoor Price $1,952,887 - Growth -0.02% - faster than Braemar

This doesn't mean Braemar is a bad place to own - far from it. It means buyers right now have options at lower price points nearby, and that's creating some drag on our growth numbers. Premium neighbourhoods often move slower at the top of a cycle. That's just how it works.

The So What - Should You Sell This Summer?

If you're thinking about listing this summer, here's the real talk. You're sitting on a high-value asset in a market that's softening slightly. The growth rank of 47 out of 54 tells us buyer urgency in Braemar isn't at a peak right now. Nearby neighbourhoods are cheaper and moving faster - which means some buyers who might have looked at Braemar are shopping elsewhere.

That said, your HonestDoor Price is still well above the city's assessment, and the predicted market value of $2,782,543 is trending upward from the 3-month average. If you price sharp and use the HonestDoor Price as your anchor - not the tax assessment - you're starting the conversation in the right place.

Waiting for a big spring bounce? The data doesn't support that bet right now. If your life circumstances say sell, price it right and move. If you can hold, the rental yield at 3.41% means this asset keeps working for you while you wait for the market to find its footing again.

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.