Dawson-Delta, Burnaby - August 2026 Real Estate Report

Dawson-Delta, Burnaby: Your Home Is Worth More Than The City Thinks

The Vibe Right Now

If you live in Dawson-Delta and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is already out of date. The real-world numbers tell a more interesting story - and depending on whether you own a house or a condo, that story reads a little differently.

Houses: Steady, Not Flashy

Let's be honest - the house market here is taking a breather. The average HonestDoor Price sits at $1,349,667, down a tiny 0.17% from last period. That's not a crash. That's a market catching its breath. The predicted market value comes in at $1,351,973, which is actually ticking down slightly against the 3-month moving average of $1,353,925. Nothing dramatic, but worth watching.

• Average HonestDoor Price: $1,349,667
• Recent sale price average: $1,089,000
• Price per square foot: $813
• Estimated monthly rent: $5,105
• Rental yield: 4.35% - solid, moderate returns
• Airbnb potential: $253 per night

Here's the neighbourhood leaderboard stat we actually like: houses in Dawson-Delta rank 11 out of 36 neighbourhoods in Burnaby for growth. That puts us in above-average territory. We're not leading the pack, but we're not at the back either. For price, we sit at 25 out of 35 - below average - which means there's room to run if the broader Burnaby market picks up.

Compare that to neighbours like Brentwood at $1,954,924 or Willingdon Heights at $1,769,767, and Dawson-Delta looks like the more accessible entry point into a strong part of the city. For buyers, that gap matters. For sellers, it's a conversation worth having.

Condos: The Surprise Package

This is where it gets interesting for us condo owners. The average HonestDoor Price is $684,834 - and it's actually up 0.21% from last period. The city's average assessed value is $699,750, which means the assessment is running about 2.13% higher than what the real market is showing. That gap is exactly why you don't want to rely on your tax notice to understand what your unit is actually worth today.

• Average HonestDoor Price: $684,834 (up 0.21%)
• Average assessed value: $699,750
• Recent sale price average: $796,800 (up 20.8% from last month)
• Price per square foot: $924
• Estimated monthly rent: $3,221
• Rental yield: 3.48%
• Airbnb potential: $160 per night
• Properties assessed this year: 2,398
• Transactions in 2026: 35

On the neighbourhood leaderboard, condos here rank 12 out of 37 in Burnaby for growth - above average. For price, we rank 5 out of 26 - meaning Dawson-Delta condos are among the most expensive in Burnaby. That's a strong position. Willingdon Heights condos average $957,149 and Brentwood comes in at $650,841, so we're sitting in a competitive middle-to-upper tier. The predicted value of $683,391 also beats nearby Brentwood's $649,136 - a gap that matters if you're thinking about what a buyer will actually pay.

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

Your city assessment is a snapshot from months ago, calculated using broad formulas. It doesn't know about the reno you did, the new transit line nearby, or what actually sold on your street last week. The HonestDoor Price updates in real time using live transaction data. For condo owners in Dawson-Delta, the assessment is already running 2.13% above the HonestDoor Price - which means if you're pricing a sale based on your tax notice, you could be setting expectations that the market won't meet. Get the current number first. Then have the conversation.

The So What - Thinking About Selling This Summer?

Here's the straight talk for anyone weighing a summer sale in Dawson-Delta.

For house owners - the market is stable but not surging. With only 1 sale recorded and prices slightly below the Burnaby average, you need sharp pricing and good presentation. The rental income story ($5,105 per month estimated) is a strong angle to lead with for investors who might be your buyer. Your growth rank of 11 out of 36 is a legitimate selling point - above average in a city people still want to be in.

For condo owners - the recent sale average of $796,800 is a 20.8% jump from last month. One sale can move that number significantly, so treat it as a signal, not a guarantee. What's more reliable is the HonestDoor Price at $684,834 and the fact that you're sitting in the top 5 most expensive condo neighbourhoods in Burnaby. That's real leverage in a listing conversation. Lead with the price-per-square-foot of $924 and the rental yield - investors will do the math quickly and like what they see.

Bottom line - Dawson-Delta is not a market that's running hot right now, but it's not soft either. It's a market where the right price, backed by real data, wins. Check your HonestDoor Price before you do anything else.

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.