Braemar, North Vancouver - September 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. This is a house neighbourhood - full stop. We are talking about 139 assessed properties sitting at an average HonestDoor Price of $2,719,272. That is real money, and it is sitting above what the city has on file for most of us.

The market has taken a small breather - values are down 1.04% from the previous period and neighbourhood growth dipped 0.07% year over year. But before you panic, zoom out. Braemar still ranks 13th out of 52 comparable neighbourhoods in North Vancouver for growth. That puts us firmly in the above-average tier. A slow month is not a slow market.

• Average HonestDoor Price: $2,719,272
• Predicted market value (Houses): $2,747,750
• 3-month moving average: $2,749,360
• Average assessed value: $2,624,460
• Growth rank: 13 out of 52 neighbourhoods in North Vancouver
• Average rental estimate: $8,766 per month
• Rental yield: 3.42%
• Airbnb rank in North Vancouver: 2nd
• Airbnb estimate: $436 per night

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

Here is the thing about your city assessment. It is a snapshot taken months ago, using broad strokes across the whole district. It does not know what your neighbour just sold for. It does not adjust for what buyers are actually paying on the ground right now.

Your HonestDoor Price is the real-world check. In Braemar, the average HonestDoor Price is already 3.61% higher than the average assessed value. On a home worth $2.6 million, that gap is roughly $95,000. That is not a rounding error - that is a renovation, a down payment on a cabin, or a very comfortable retirement top-up sitting invisible on your city paperwork.

The HonestDoor Price updates in real time. Your assessment does not. That difference is exactly why smart sellers in Braemar are checking their HonestDoor Price before they do anything else.

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

Selling in Braemar this summer? Here is the honest take.

The market is not running hot right now - values have nudged down slightly and the 3-month moving average of $2,749,360 is just ahead of the current predicted value of $2,747,750. That tells us prices are levelling off, not collapsing. For a seller, that means you still have strong ground to stand on, but you want to price sharp and not wait for the market to come back to you.

Every nearby neighbourhood - Central Lynn, Carisbrooke, and Boundary - is cheaper than Braemar and growing faster on a percentage basis. That sounds like a threat, but flip it around. Buyers who get priced out of those areas look up the hill. Braemar is the next step for serious buyers with real budgets.

On the rental side, if selling is not the plan, $8,766 per month in estimated rent with a 3.42% yield is a moderate but steady return. And that Airbnb rank of 2nd in all of North Vancouver is not something to ignore - $436 per night puts Braemar in rare company for short-term income potential.

• Nearby comparison - Central Lynn: HonestDoor Price $2,091,370, Rental $7,063/month
• Nearby comparison - Carisbrooke: HonestDoor Price $2,273,857, Rental $7,503/month
• Nearby comparison - Boundary: HonestDoor Price $1,954,274, Rental $6,695/month

Bottom line - Braemar is not cheap, and it is not supposed to be. If you are thinking about making a move, check your HonestDoor Price first. The city's number is not your number.

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.