Donovan Terrace, Paradise - September 2026 Real Estate Report

Donovan Terrace, Paradise: Here's 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 picture. The market is sending mixed signals depending on what you own - and the gap between houses and condos is worth paying attention to.

Houses: Holding Steady with a Small Dip

For those of us in houses, the story is pretty solid overall. The average HonestDoor Price sits at $382,655 - up 3.54% from the previous period. That's real, trackable appreciation. The predicted market value right now is $369,585, which is slightly below the 3-month moving average of $376,080. So yes, we're seeing a small pullback of about -2.68% recently. The market is taking a breather, not falling off a cliff.

The rental picture is genuinely strong. If you were to rent your house out, you're looking at an estimated $1,947 per month with a rental yield of 5.88%. That's a number landlords get excited about. On the short-term side, Airbnb potential comes in around $97 per month, and Donovan Terrace ranks 7th in Paradise for Airbnb performance.

• Average HonestDoor Price (Houses): $382,655
• Recent price change: +3.54% from previous period
• Predicted market value: $369,585
• 3-month moving average: $376,080
• Estimated monthly rent: $1,947
• Rental yield: 5.88%
• Airbnb estimate: $97/month ($100/night)
• Growth rank: 5 out of 8 neighbourhoods in Paradise

On the neighbourhood leaderboard, houses here rank 5th out of 8 comparable areas in Paradise. That puts us in the middle of the pack - not leading the charge, but not at the back either. For context, nearby Karwood Estates ($463,283) and Valley Ridge ($438,448) are priced higher, while Evergreen Village ($380,215) is running neck and neck with us.

Condos: The Numbers Need a Closer Look

This is where we need to be straight with each other. The condo side of Donovan Terrace is under more pressure. The average HonestDoor Price for condos is $366,100 - but that's down 28.06% from the previous period. That's a significant move and worth taking seriously if you own a condo here.

The predicted market value comes in at $508,900, down from a 3-month moving average of $522,667, with a recent change of -16.31%. On the neighbourhood leaderboard, Donovan Terrace condos rank 8th out of 8 in Paradise right now. That's the bottom of the list, and it's the kind of data point that should push condo owners to get a current read on their property's value - not wait for the next tax assessment.

The rental yield for condos is 3.83%, which is moderate. Estimated rent is $2,580 per month, and Airbnb potential is around $130 per month. The Airbnb rank for condos is 6th in Paradise.

• Average HonestDoor Price (Condos): $366,100
• Recent price change: -28.06% from previous period
• Predicted market value: $508,900
• 3-month moving average: $522,667
• Estimated monthly rent: $2,580
• Rental yield: 3.83%
• Airbnb estimate: $130/month ($95/night)
• Growth rank: 8 out of 8 neighbourhoods in Paradise

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened to condo prices in the last quarter. It doesn't know that house values in Donovan Terrace moved 3.54% recently. It's essentially a photo of a market that has already changed.

The HonestDoor Price is updated in real time. It pulls from actual market activity right now. For house owners, that means seeing a $382,655 average that reflects current conditions - not last year's numbers. For condo owners, it means getting an honest look at a market that has shifted, so you can make decisions based on reality, not a number the city printed months ago.

If your tax assessment says one thing and the HonestDoor Price says another, the HonestDoor Price is the real-world check. That gap - in either direction - is information you can actually use.

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 fundamentals are still working in your favour. Values are up over the previous period, rental demand is strong, and you're priced competitively against nearby neighbourhoods. The recent small dip in predicted value is worth watching, but it doesn't change the overall picture for houses.

If you own a condo, the honest advice is this: get your HonestDoor Price today. The market has moved quickly and significantly. Waiting for your next assessment to tell you where you stand is not a strategy right now. Knowing your real number - before you list, before you refinance, before you decide anything - puts you in control. Sellers who price with current data move faster and leave less money on the table.

Either way, Donovan Terrace is a neighbourhood where the details matter. The difference between a house and a condo here right now is not small. Know which side of that line you're on.

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.