Capilano, Burnaby - July 2026 Real Estate Report

Capilano, North Vancouver: Your Neighbour Just Got a Reality Check on Their Home Value

The Vibe Right Now

If you live on the Capilano side of North Vancouver, the market is telling two very different stories depending on what you own. Houses are holding steady at serious price points, while condos are quietly climbing the neighbourhood leaderboard. Here is what is actually happening on our streets.

Houses - Steady Money, Serious Price Tag

Only 2 houses sold last month, so we are not talking about a flood of activity. But the numbers behind those sales are nothing to shrug at.

• Average sale price: $2,210,000
• Price per square foot: $1,569
• HonestDoor predicted market value: $2,400,581
• 3-month moving average: $2,376,952 - and our predicted value is trending above it
• Estimated monthly rent: $7,851
• Rental yield: 3.56%
• Recent value change: 0.47%
• Growth rank: 37 out of 54 neighbourhoods in North Vancouver
• Price rank: 11 out of 47 - well above average

The honest read here? Capilano houses are expensive - top-tier expensive for North Vancouver. Growth is taking a bit of a breather, landing in the lower half of the neighbourhood leaderboard at 37 out of 54. But sitting at rank 11 for price means we are still in premium territory. Owners here are not losing ground. They are just not sprinting right now.

Condos - The Quiet Overachiever

This is where it gets interesting. One condo sold last month at $1,000,000, which sounds like a lot until you see what the HonestDoor data is actually pointing to.

• Average sale price: $1,000,000
• Price per square foot: $866
• HonestDoor predicted market value: $1,194,428
• 3-month moving average: $1,183,415 - and we are trending above it
• Estimated monthly rent: $4,719
• Rental yield: 2.61%
• Recent value change: 3.06%
• Growth rank: 7 out of 48 neighbourhoods in North Vancouver - top performers
• Price rank: 2 out of 20 - among the most expensive condos in all of North Vancouver

A 3.06% recent value change and a growth rank of 7 out of 48 puts Capilano condos near the top of the leaderboard. For context, nearby Highlands sits at a predicted value of $1,043,198 - we are running $150,000 ahead of that. Condo owners here should be paying close attention right now.

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

Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already old news. The market has moved. Your neighbours have sold. Prices have shifted.

The HonestDoor Price is a real-time estimate that updates as the market moves. For Capilano house owners, that means the difference between a static government number and a live predicted value of $2,400,581 could be the difference between leaving money on the table and pricing your home right. For condo owners, a predicted value of $1,194,428 against a recent sale average of $1,000,000 is a gap worth understanding before you make any decisions.

Do not let a number from last summer tell you what your home is worth today. Check your HonestDoor Price and get the current picture.

The So What - Thinking About Selling This Summer?

If you own a condo in Capilano and you have been sitting on the fence, the data is nudging you to pay attention. A growth rank of 7 out of 48 means buyers are noticing this neighbourhood. Values are moving up, not sideways.

For house owners, the story is about positioning. You are in a high-price neighbourhood - rank 11 out of 47 - which means buyers shopping at this level have options and they know it. Pricing sharp and presenting well is the move. The predicted value of $2,400,581 gives you a real-world anchor to work from, not a guess.

Bottom line - summer inventory in North Vancouver tends to be competitive. If your plan is to sell, getting your HonestDoor Price now gives you a head start on knowing where you actually stand before you call an agent or set a list price.

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.