Connaught Heights, New Westminster - September 2026 Real Estate Report

Connaught Heights Real Talk: Your Home Is Worth Less Than the City Thinks

If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The numbers on the ground in Connaught Heights, New Westminster are telling a slightly different story right now - and it is worth knowing before you make any big moves.

The Vibe: What Is Actually Happening Here

Let us break it down by property type, because houses and condos are living in two very different realities right now.

Houses

The average sale price for a house in Connaught Heights is sitting at $1,328,800, with a price per square foot of around $955. Sales activity is quiet - only 1 property changed hands in 2026 so far. That is not panic, but it is not a feeding frenzy either. The market is taking a breather.

The HonestDoor Price for houses is $1,444,724, which is actually running below the 3-month moving average of $1,489,386. Values have dipped 1.78% recently. On the neighbourhood leaderboard, Connaught Heights houses rank 10 out of 15 for growth in New Westminster - that puts us in the below-average tier right now. On price though, we rank 5 out of 14, which means we are still holding above-average value compared to most of the city.

• Average sale price: $1,328,800
• Price per square foot: $955
• HonestDoor Price: $1,444,724
• 3-month moving average: $1,489,386
• Recent value change: -1.78%
• Estimated rent: $5,355 per month
• Rental yield: 4.16%
• Growth rank: 10 out of 15 in New Westminster
• Price rank: 5 out of 14 in New Westminster

Condos

Condos in Connaught Heights are a different animal entirely. The average HonestDoor Price is $4,211,828 - up 2.43% from the previous period. That is a meaningful jump. The predicted market value sits at $4,111,887, just slightly below the 3-month moving average of $4,123,318, so things are holding relatively steady at a very high price point.

On the neighbourhood leaderboard, condo growth ranks 4 out of 15 in New Westminster - that puts us in above-average territory. The Airbnb rank for condos is 1 in all of New Westminster, which tells you something about the short-term income potential here.

• HonestDoor Price: $4,211,828
• Recent value change: +2.43%
• Predicted market value: $4,111,887
• 3-month moving average: $4,123,318
• Estimated rent: $9,831 per month
• Rental yield: 1.77%
• Airbnb estimate: $494 per night
• Growth rank: 4 out of 15 in New Westminster
• Airbnb rank: 1 in New Westminster

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

Here is the thing about government assessments - they are a snapshot from the past. The average assessed value in Connaught Heights is $1,523,330 for houses. Sounds great. But the HonestDoor Price is $1,450,499, which is 4.78% lower than that assessment. That gap is not a rounding error. That is real money.

The city's assessment does not update in real time. It does not know what happened in the market last month. The HonestDoor Price does. It pulls from current transaction data, recent sales, and live market signals to give you a number that actually reflects what a buyer would pay today - not what a buyer might have paid when the assessment was calculated.

If you are using your assessed value to make financial decisions - whether that is refinancing, listing, or just knowing where you stand - you could be working with a number that is nearly $73,000 off. Check your HonestDoor Price first. It is the real-world check your assessment cannot give you.

The So What: Thinking About Selling This Summer?

Honest answer? The house market in Connaught Heights is not running hot right now. One transaction in 2026, values down 1.78% recently, and a growth rank of 10 out of 15 - that is not a seller's market. Nearby neighbourhoods like Stride Avenue are actually growing faster, and they are cheaper, which means buyers have options.

That said, Connaught Heights still ranks above average on price in New Westminster. We are not a bargain neighbourhood. If you are selling a house this summer, pricing it right from day one is everything. Coming in too high based on your assessed value could leave you sitting. The HonestDoor Price of $1,444,724 is a smarter starting point for that conversation with your agent.

If you own a condo here, the picture is brighter. Growth is above average, the HonestDoor Price is up 2.43%, and the short-term rental potential ranks first in the city. If you are on the fence about selling or renting, the numbers suggest holding a condo in Connaught Heights is not a bad position to be in right now.

Bottom line - know your real number before you do anything. Your HonestDoor Price is free, it is current, and it is the most honest starting point you have got.

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.