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      Dundarave, Burnaby - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Burnaby, Dundarave

      Dundarave Real Talk: Your Home Is Worth More Than the City Thinks

      The Vibe Right Now

      If you've been watching the "For Sale" signs on Dundarave's streets, here's what's actually happening. The market is taking a breather - but it's not falling apart. Sales are quiet, prices are holding, and the gap between what the city assessed your home at and what it's actually worth in the real world is wider than ever. That's the story here.

      Houses: Steady, But Watch the Predicted Value

      We saw one house sell in Dundarave recently at an average of $1,750,000, which works out to roughly $1,128 per square foot. That number has held steady. No big swings up or down.

      But here's where it gets interesting. The HonestDoor predicted market value for houses sits at $2,960,386 - well above that sale price. That predicted value is actually ticking down slightly, off from a 3-month moving average of $2,972,869, a shift of -0.44%. Not a crash, but worth watching.

      • Average sale price: $1,750,000
      • Price per square foot: $1,128
      • HonestDoor predicted value: $2,960,386
      • 3-month moving average: $2,972,869
      • Recent value change: -0.44%
      • Estimated monthly rent: $9,167
      • Rental yield: 3.42%
      • Neighbourhood growth rank: 11 out of 26 in West Vancouver - above average
      • Price rank: 23 out of 26 - one of the more affordable pockets in West Vancouver

      That price rank is a sleeper stat. Dundarave houses are sitting near the affordable end of the West Vancouver leaderboard. For buyers priced out of neighbouring areas, that's a real draw. And compared to nearby Altamont at $2,443,892, Dundarave is holding its own at a higher predicted value.

      Condos: A Quiet Climb

      The condo side of Dundarave is actually moving in a better direction. One unit sold at $1,030,000 - about $990 per square foot - and the HonestDoor predicted value of $1,237,427 is creeping up from a 3-month average of $1,222,568. That's a small but real positive signal.

      • Average sale price: $1,030,000
      • Price per square foot: $990
      • HonestDoor predicted value: $1,237,427
      • 3-month moving average: $1,222,568
      • Recent value change: +0.02%
      • Estimated monthly rent: $4,737
      • Rental yield: 2.77%
      • Neighbourhood growth rank: 10 out of 19 in West Vancouver - below average
      • Price rank: 5 out of 7 - below average in price among West Vancouver condos

      Condo growth is sitting in the bottom half of the West Vancouver leaderboard right now. It's not alarming, but if you own a condo here and are thinking about your next move, the window to act at current values is something to take seriously.

      The Secret Sauce: Your HonestDoor Price Is Your Real Number

      Here's the honest truth about property assessments. The city's number is a snapshot from months ago, built on old data. It does not move with the market. The HonestDoor Price does.

      For Dundarave houses, the predicted market value of $2,960,386 is a live, real-world estimate - not a number frozen in time on a government form. If you're making any financial decision based on your assessed value alone, you're working with incomplete information. Your actual equity position could look very different from what BC Assessment is telling you.

      Check your HonestDoor Price now. It takes two minutes and it's the closest thing to knowing what your home would actually sell for today - not last July.

      So What Does This Mean If You're Thinking About Selling This Summer?

      Straight talk: this is not a panic-and-list moment, but it's also not a "wait forever" market. Here's how to read it.

      For house owners - values are softening slightly. That -0.44% shift is small, but the direction matters. If you've been sitting on the fence about selling, summer 2025 is a reasonable window before any further cooling sets in. You're still priced competitively against the rest of West Vancouver, and buyers looking in this area know it.

      For condo owners - the slight uptick in predicted value is a small green light. Inventory is thin, one sale sets the tone, and your price-per-square-foot at $990 is competitive. A well-presented unit could move well right now.

      Either way, the first step is the same. Pull your HonestDoor Price, compare it to your BC Assessment, and you'll immediately see the real gap - and the real opportunity.

      dundarave | burnaby | october 2026

      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.

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