Donovan Terrace, Paradise - July 2026 Real Estate Report

Donovan Terrace, Paradise: What Your Home Is Actually Worth Right Now

The Vibe in Donovan Terrace

If you've been watching the "For Sale" signs around Donovan Terrace lately, here's the honest read on what's happening to our property values - and it's a mixed bag depending on what you own.

Houses: Steady, Not Spectacular

For those of us with houses in Donovan Terrace, the market is holding its ground. The average HonestDoor Price sits at $379,776, up a modest 0.24% from the previous period. That's not a headline number, but steady beats sliding any day.

The 3-month moving average tells an encouraging story too. The predicted value of $378,878 is climbing above that $367,537 moving average - meaning the direction is up, even if the pace is slow.

• Average HonestDoor Price: $379,776 (up 0.24%)
• Predicted Market Value: $378,878
• 3-Month Moving Average: $367,537
• Estimated Monthly Rent: $1,990 - $1,995
• Rental Yield: 5.86% - that's a strong return for landlords
• Airbnb Estimate: $99 per night
• Neighbourhood Growth Rank: 7 out of 8 in Paradise

That growth rank is worth a straight conversation. On the neighbourhood leaderboard, our houses sit at 7th out of 8 comparable areas in Paradise. We're not leading the pack right now. But a 5.86% rental yield? That's genuinely strong, and it means Donovan Terrace houses are pulling real weight for investors and landlords.

How do we stack up against the neighbours? Valley Ridge houses average $455,703 and Karwood Estates comes in at $463,877. We're priced below both - which, depending on how you look at it, means either room to grow or a buying opportunity right now.

Condos: A Wild Ride Worth Watching

The condo picture in Donovan Terrace is a different story - and a more complicated one. The average HonestDoor Price jumped 34.83% to $608,100. That's a big number. But the predicted market value is currently sitting at $451,000, which is well below the 3-month moving average of $665,967. Values have shifted by -27.15% recently.

• Average HonestDoor Price: $608,100 (up 34.83% from previous period)
• Predicted Market Value: $451,000
• 3-Month Moving Average: $665,967
• Estimated Monthly Rent: $2,320 - $2,980
• Rental Yield: 3.92% - moderate returns
• Airbnb Estimate: $150 per night - ranked 1st in Paradise for Airbnb potential
• Neighbourhood Growth Rank: 8 out of 8 in Paradise

That Airbnb rank of 1st in all of Paradise is a real standout. If you own a condo here and you're not thinking about short-term rental income, that number deserves your attention. At $150 per night, Donovan Terrace condos top the leaderboard for Airbnb potential across the city.

The growth rank of 8th out of 8 means condos here are taking a breather on the appreciation side. The gap between the HonestDoor Price and the predicted value suggests the market is recalibrating after a sharp run-up. This is a moment to watch closely, not panic over.

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

Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know what happened to condo prices in the last quarter. It doesn't reflect that 34.83% swing in local condo values or the fact that house values are trending above their 3-month average right now.

The HonestDoor Price is updated in real time. It's the number that reflects what a buyer would actually put on the table today - not what a government office calculated months ago from older sales data. For Donovan Terrace homeowners, checking your HonestDoor Price right now gives you a real-world check on where you actually stand, not where you stood last year.

If your tax assessment and your HonestDoor Price are far apart, that gap is information. It could mean you're sitting on more equity than you think - or it could mean your expectations need a reset before you list.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Donovan Terrace and you're thinking about listing this summer, the honest take is this: you're priced below Valley Ridge and Karwood Estates, your value is trending upward from the 3-month average, and a 5.86% rental yield means buyers who want income properties have real reason to look at your street. That's a decent hand to play.

If you own a condo, the picture is more nuanced. The HonestDoor Price shows a big jump, but the predicted value and recent movement suggest the market is finding its footing. The Airbnb rank of 1st in Paradise is a genuine selling point - lean into that if you're marketing to investors or lifestyle buyers. Timing matters here, so watching that predicted value trend over the next few weeks before committing to a list price makes sense.

Either way, the move right now is to check your HonestDoor Price, compare it to what your assessment says, and have an honest conversation about what the gap means for your bottom line. That's the number that matters when a real buyer is standing in your living room.

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.