Cape Horn, Coquitlam - July 2026 Real Estate Report

Cape Horn, Coquitlam: Your Home Is Worth Less Than the City Thinks - And That Actually Matters

If you have been watching property values in Cape Horn and assuming your BC Assessment notice tells the whole story, here is the real talk: it does not. The numbers on the ground right now are telling a different story, and every homeowner on the block should know what it is.

The Vibe: What Is Actually Happening in Cape Horn Right Now

Let us break it down by property type, because houses and condos are moving in very different directions.

Houses

We are sitting in a market that is holding its ground but taking a breather. Here is the snapshot:

• Average sale price: $1,671,000 - essentially flat from last month
• Price per square foot: $743
• HonestDoor predicted value: $1,529,562
• 3-month moving average: $1,519,361 - values are trending up slightly
• Estimated monthly rent: $5,531
• Rental yield: 4.11%
• Recent value change: up 2.14%
• Properties sold in 2026: 2
• Growth rank: 8 out of 13 neighbourhoods in Coquitlam
• Price rank: 3 out of 12 - we are near the top for home values in the city

Two sales is a thin market. That means each transaction carries a lot of weight. If a house sells low, it drags the average down fast. If it sells high, the opposite happens. For us as homeowners, that is both a risk and an opportunity depending on which side of the deal we are on.

On the neighbourhood leaderboard, Cape Horn houses rank 8th out of 13 for growth - below average. But rank 3rd out of 12 for price. Translation: we live in one of Coquitlam's pricier pockets, but the growth engine is not firing at full speed right now.

Condos

The condo picture is a little more complicated. One sale at $296,000 - down 40.9% from last month - sounds alarming, but with only 1 transaction, that number is almost certainly a one-off. Do not read too much into a single data point.

• Average sale price: $296,000 - down 40.9% from last month (1 sale only)
• Price per square foot: $573
• HonestDoor predicted value: $559,199
• 3-month moving average: $559,428 - values are dipping slightly
• Estimated monthly rent: $2,697
• Rental yield: 3.73%
• Recent value change: up 1.09%
• Properties sold in 2026: 1
• Growth rank: 7 out of 13 neighbourhoods in Coquitlam
• Price rank: 8 out of 9 - among the most affordable condos in Coquitlam

On the leaderboard, Cape Horn condos rank 7th out of 13 for growth and 8th out of 9 for price. That puts us in the affordable-but-slow-growth category. For a buyer, that is actually an entry point worth watching. For a condo owner thinking about selling, timing matters more than ever.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is something worth printing out and sticking on the fridge. The city's assessed value for houses in Cape Horn averages $1,623,187. The HonestDoor Price for those same houses averages $1,495,255. That is a gap of nearly $128,000 - and the assessed value is the higher number.

For condos, it flips. The average assessed value is $470,474, but the HonestDoor Price comes in at $530,184 - about $60,000 higher than what the city has on record.

BC Assessment snapshots your property value on July 1st of the previous year. By the time you read that notice in January, the market has already moved. The HonestDoor Price updates in real time using actual sales data, current market conditions, and comparable properties. It is not a government estimate frozen in time - it is a live read on what your home is actually worth today.

For house owners, the assessed value is running 7.88% above the HonestDoor Price. That gap matters if you are making decisions about refinancing, selling, or even just understanding your net worth. You could be planning around a number that is nearly $128,000 too high.

The So What: Should You Sell in Cape Horn This Summer?

Straight answer: it depends on what you own.

If you own a house in Cape Horn, the fundamentals are still in your corner. We rank 3rd in Coquitlam for price - that is a strong position. The predicted value of $1,529,562 is trending upward against the 3-month average. Rental demand is real at $5,531 per month with a 4.11% yield. If you are thinking about selling, the window is open - but inventory is thin, which cuts both ways. Fewer competing listings is good for sellers. Fewer buyers in a slow-growth market is the counterweight.

If you own a condo, the picture calls for more patience. Values are essentially flat, the growth rank is below average, and the one sale we saw this year came in well below predicted value. That does not mean do not sell - it means price it right from day one. Overpricing a condo in a thin market is the fastest way to sit on it all summer.

For anyone on the fence, the single best move right now is to pull your HonestDoor Price and compare it to your BC Assessment. That gap - whether it is $60,000 too low or $128,000 too high - is the real starting point for any conversation about selling, refinancing, or just knowing where you stand.

• Cape Horn house HonestDoor Price: $1,495,255 - down 2.22% from last period
• Cape Horn condo HonestDoor Price: $530,184 - down 1.51% from last period
• House rental income potential: $5,444 per month
• Condo rental income potential: $2,574 per month
• Total house transactions in 2026: 6
• Total properties assessed: 3,335 houses, 318 condos

Cape Horn is not a neighbourhood in trouble. It is a neighbourhood taking a measured breath. Know your real number, price accordingly, and you will be ahead of most people on your street.

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.