Cape Horn, Coquitlam - October 2026 Real Estate Report
Cape Horn, Coquitlam: Your Neighbour Isn't Telling You This About Home Prices
If you own a home in Cape Horn and you're still relying on your BC Assessment notice to know what your place is worth, you're working with old information. Here's the real picture right now.
The Vibe: What's Actually Happening in Our Neighbourhood
Cape Horn is taking a breather. Values aren't in freefall, but they're not climbing either. Neighbourhood growth is down 0.02% year over year, and we saw 16 property transactions in 2026 across 3,335 assessed properties. That's a relatively quiet market - which matters a lot depending on whether you're buying or selling.
Here's how houses and condos are each telling a slightly different story right now.
Houses in Cape Horn
If you've been watching the "For Sale" signs on the streets around here, the numbers back up what you're seeing. House prices are holding steady but softening at the edges.
- Average sale price: $1,330,000
- Price per square foot: $1,003
- Predicted market value: $1,485,386
- 3-month moving average: $1,492,861 - and the predicted value is trending below that
- Recent value change: -0.79%
- Estimated monthly rent: $5,415
- Rental yield: 4.15%
- Properties sold recently: 3
On the neighbourhood leaderboard, Cape Horn houses rank 5 out of 13 for growth in Coquitlam - above average, but not leading the pack. For price, we rank 4 out of 12, which puts us firmly in the higher-value tier. Compared to nearby Maillardville, where predicted house values sit around $1,199,899, Cape Horn is still commanding a meaningful premium.
Condos in Cape Horn
The condo side of our market is a smaller slice - only 1 transaction recorded in 2026 and 318 assessed units - but the numbers are worth knowing if you own one.
- Average sale price: $528,000
- Price per square foot: $604
- Predicted market value: $538,562
- 3-month moving average: $544,821 - again, the trend is drifting lower
- Recent value change: -0.97%
- Estimated monthly rent: $2,615
- Rental yield: 3.77%
On the leaderboard, Cape Horn condos rank 10 out of 13 for growth - below average for Coquitlam. For price, we rank 8 out of 9, making this one of the more affordable condo options in the city. If you own a condo here and were thinking of selling, timing matters more than usual right now.
The Secret Sauce: Your HonestDoor Price vs. Your Assessment
Here's the thing most Cape Horn homeowners don't realize. Your BC Assessment is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, the market has already moved on.
For houses in Cape Horn, the average assessed value is $1,623,187. But the average HonestDoor Price - which updates in real time using actual sales data - is $1,477,819. That's 8.96% lower than what the government says your home is worth. That gap isn't a rounding error. That's roughly $145,000 of difference that could affect your pricing strategy, your negotiation position, and your expectations walking into a sale.
For condos, the story flips. The average assessed value is $470,474, but the HonestDoor Price is $530,184 - that's 12.69% higher than the assessment. If you're a condo owner, your city assessment is actually underselling you.
The HonestDoor Price is the real-world check. It's what the market is doing today, not what a government office calculated 12 months ago.
The "So What?": Thinking About Selling This Summer?
Straight talk: this is not a seller's market on fire. But it's not a disaster either. Here's what the data means for you specifically.
If you own a house in Cape Horn, you're sitting on a high-value asset in a neighbourhood that still ranks above average in Coquitlam. The predicted value of $1,485,386 is higher than what recent sales are averaging ($1,330,000), which tells us buyers are being selective. Price it right from day one. Overpricing based on your assessment number - which is nearly $150,000 above the HonestDoor Price - is the fastest way to sit on the market through the summer.
If you own a condo, the softening is more pronounced. A -0.97% recent change and a below-average growth rank of 10 out of 13 means waiting for the market to come back to you is a risky strategy. If selling is on your radar, sooner beats later.
For both property types, the rental numbers are solid. Houses are pulling an estimated $5,415 per month with a 4.15% yield. Condos are at $2,615 per month with a 3.77% yield. If selling doesn't feel urgent, holding and renting is a reasonable play while you watch the market find its footing.
Bottom line: check your HonestDoor Price before you do anything else. It's free, it's current, and it's the number that actually reflects what a buyer would pay you today - not what the city assessed a year ago.
cape horn | coquitlam | 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.