Braemar, North Vancouver - October 2026 Real Estate Report
Braemar, North Vancouver: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs in Braemar, here's what's actually happening. The market is taking a breather. Neighbourhood growth is down a slim 0.07% year over year, and the 3-month trend on house values is drifting slightly - from $2,728,270 down to $2,719,272. That's not a crash. That's a market catching its breath after a long run.
We're a houses neighbourhood. That's the story here. With 139 properties assessed this year and an average predicted market value sitting at $2,719,272, Braemar is firmly in the upper tier of North Vancouver real estate. The average assessed value ranks 4th across all of North Vancouver. That's not a number to ignore.
- Average Predicted Market Value (Houses): $2,719,272
- 3-Month Moving Average: $2,728,270 (slight downward drift)
- Recent Price Change: -1.04%
- Estimated Monthly Rent: $8,766
- Rental Yield: 3.43%
- Growth Rank: 43 out of 53 neighbourhoods in North Vancouver
The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment
Here's the thing most Braemar homeowners don't realize. The city's assessed value for an average home here sits at $2,624,460. That number is frozen in time - it reflects a snapshot from months ago, and it's already stale. The HonestDoor Price tells a different story.
The average HonestDoor Price in Braemar is $2,800,216. That's 6.70% higher than what the city has on file, and it's up 2.98% from the previous period. In dollar terms, we're talking about a gap of roughly $175,000 between what the government thinks your home is worth and what the real-world market is saying right now.
That gap matters. If you're making any decision - refinancing, selling, even just understanding your net worth - using a stale assessment is like navigating with last year's map. The HonestDoor Price is the real-world check that updates as the market moves, not once a year on the city's schedule.
- City Assessed Value (average): $2,624,460
- HonestDoor Price (average): $2,800,216
- Gap in your favour: approximately $175,756 (6.70% higher)
- HonestDoor Price growth from previous period: +2.98%
The Neighbourhood Leaderboard
Let's be straight with each other. On the growth leaderboard, Braemar sits at 43rd out of 53 comparable neighbourhoods in North Vancouver. That puts us in the bottom tier for recent momentum. Every nearby neighbourhood - Central Lynn, Carisbrooke, and Boundary - is growing faster right now, even if they're all cheaper.
- Central Lynn - HonestDoor Price $2,144,320 - Growth -0.03% - cheaper and growing faster
- Carisbrooke - HonestDoor Price $2,327,497 - Growth -0.02% - cheaper and growing faster
- Boundary - HonestDoor Price $1,963,245 - Growth -0.02% - cheaper and growing faster
What does that mean for us? Braemar commands a serious price premium over its neighbours. Central Lynn is nearly $656,000 cheaper on average. Buyers who want this address are paying for it. The slower growth simply reflects that premium pricing - there's less room to run when you're already near the top.
One bright spot worth noting: Braemar ranks 2nd in all of North Vancouver for Airbnb income potential, with an estimated $446 per night. If you have a suite or secondary space, that's a real asset.
The So What - Should You Sell This Summer?
Here's the honest take. If you've been sitting on your Braemar home and waiting for the perfect moment, the data is giving you a mixed signal. Values are still strong - well above $2.7 million on average - and your HonestDoor Price is likely running well ahead of what the city assessed you at. That's leverage in a negotiation.
But the short-term trend is softening. A -1.04% recent price change and a growth rank of 43rd out of 53 means this is not a market sprinting upward right now. Sellers who price sharp and move quickly this summer are in a better position than those who wait and hope for a rebound that may take time to arrive.
The smartest first step? Pull your HonestDoor Price today. Know the real number before you talk to anyone. That $175,000 gap between the city's assessment and your actual market value is your starting point - not the government's outdated paperwork.
braemar | north vancouver | october 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.