If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The city's number and the real-world number are not the same thing right now - and for Brow Of The Hill homeowners, that gap matters.
Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.
If you own a house in Brow Of The Hill, the city assessed you at an average of $1,309,006. But the HonestDoor Price - which tracks real-time market signals instead of sitting frozen in time - puts the average closer to $1,246,963. That is a gap of nearly $62,000. The market is essentially flat, with growth nudging up just 0.01% from the previous period, but the 3-month trend is drifting downward. The predicted value of $1,248,591 is sliding away from the 3-month moving average of $1,259,977, and property values have dipped 2.45% recently.
That growth rank is the number to pay attention to. On the neighbourhood leaderboard, we are sitting at 12th out of 15 - below average. We are not in last place, but we are not climbing either. The market is taking a breather, and the data backs that up.
Condos in Brow Of The Hill are a stranger story. The assessed value averages $533,594, but the HonestDoor Price comes in at $1,570,736 - a jaw-dropping 194% higher than the assessment. That is not a typo. It means the city's condo assessments here are dramatically out of step with where the market actually sits. The predicted value is $1,551,906, which is also pulling back from the 3-month moving average of $1,579,678, and values have shifted -2.77% recently.
The condo sale price dropping 26.7% in a single month is a big swing, but with only one sale recorded this month, one transaction can move that number dramatically. Do not read too much into a single data point. The HonestDoor Price, which averages across all 1,572 assessed condo properties, is a far more stable read on where values actually sit.
Here is the honest truth about government assessments. They are calculated once a year using data that is already months old by the time it lands in your mailbox. In a market that is shifting - even slowly - that lag can cost you real money, whether you are selling, refinancing, or just trying to understand what you actually own.
The HonestDoor Price updates continuously. It pulls from current sales, market trends, and neighbourhood-level signals. For house owners in Brow Of The Hill, it is showing a value roughly $62,000 below the city's assessment. For condo owners, the gap runs in the opposite direction - the assessment is wildly low compared to real market value. Either way, relying on the city's number to make a financial decision right now is like navigating with last year's map.
Check your HonestDoor Price before you do anything else. It is the real-world check your assessment cannot give you.
If you are a house owner considering listing this summer, the data is sending a clear signal: do not wait for the market to heat back up on its own. We are ranked 12th out of 15 neighbourhoods in New Westminster for growth. Values are drifting down, not up. Nearby Kelvin is priced higher at $1,509,407 but also declining faster. Uptown is cheaper at $1,030,551. We sit in the middle of the pack on price, but the momentum is not in our favour right now.
Selling into a flat or softening market is not a disaster - but pricing it right from day one is everything. The HonestDoor Price of $1,246,963 is your anchor. List above it without strong justification and you risk sitting on the market. List with a sharp, data-backed price and you stand out in a neighbourhood where only 1 house has changed hands so far in 2026.
For condo owners, the story is different. Your HonestDoor Price is strong relative to assessed value, and the Airbnb ranking of 3rd in New Westminster signals real short-term income potential at $246 per night. If you are not selling, that rental angle - at $4,961 per month estimated - is worth a serious look while you wait for the growth trend to turn around.
Bottom line: Brow Of The Hill is not a neighbourhood in freefall. It is a neighbourhood taking a breather. Know your real number, price it honestly, and move with the market - not against it.
brow of the hill | new westminster | august 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.