East Camble, Richmond - August 2026 Real Estate Report

East Camble, Richmond: Your Home Is Worth More Than The City Thinks

If you own a place in East Camble and you have not checked your numbers lately, now is the time. The city's assessment is already behind. The real-world picture looks a little different - and for most homeowners here, it is actually better news than the tax notice suggests.

The Vibe: What Is Actually Happening on Our Streets

East Camble is not a market on fire right now, but it is not falling apart either. It is taking a breather. Here is how houses and condos are each telling their own story.

Houses

If you own a house in East Camble, the market is holding steady. Sales are quiet - only 2 houses changed hands recently - but prices are not collapsing. The average sale price sits at $781,750, with a price per square foot of around $647.

• Average Assessed Value: $1,429,458
• HonestDoor Price: $1,436,701 - that is 0.51% above the city assessment
• Predicted Market Value: $1,447,229 - trending slightly up from the 3-month average of $1,445,277
• Estimated Monthly Rent: $5,356 to $5,386
• Rental Yield: 4.20%
• Airbnb Potential: around $266 to $268 per night
• Recent Value Change: -0.53%
• Neighbourhood Growth: -0.05% year over year
• Growth Rank: 7 out of 15 neighbourhoods in Richmond - right in the above-average zone
• Price Rank: 13 out of 13 - among the most affordable houses in Richmond
• Total Transactions in 2026: 10 - ranked 6th in Richmond

That affordability rank is worth paying attention to. We are sitting at the most accessible end of the Richmond house market. That is not a bad thing - it means buyers who are priced out of Bridgeport ($1,513,766 average HonestDoor Price) or West Camble ($1,472,496) are going to look our way. We are the logical next step for buyers stretching their budget.

Condos

The condo story in East Camble is more complicated. The numbers are moving in two directions at once, and it is worth understanding what that means for us.

• Average Assessed Value: $519,115
• HonestDoor Price: $878,685 - a massive 69.27% above the city assessment
• HonestDoor Price Change: up 3.95% from the previous period
• Predicted Market Value: $845,335 - this is actually dipping below the 3-month average of $867,681
• Average Sale Price: $488,000 - slightly below West Camble condos at $500,000
• Price per Square Foot: around $476
• Estimated Monthly Rent: $3,101 to $3,114
• Rental Yield: 3.73%
• Airbnb Potential: around $154 to $155 per night
• Recent Value Change: -3.32%
• Neighbourhood Growth: -0.04% year over year
• Growth Rank: 14 out of 15 - bottom of the Richmond leaderboard right now
• Price Rank: 10 out of 13 - below average in Richmond
• Total Transactions in 2026: 3 - ranked 5th in Richmond

That -3.32% recent value change is the number to watch. Condo values here are sliding a bit, and the predicted market value is trending down. Only 1 condo sold recently. The market is thin and soft. That does not mean panic - but it does mean condo owners need to be sharp about timing and pricing.

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

Here is the thing about the city's assessed value - it is a snapshot from months ago, built on a formula that does not know what your renovated kitchen looks like or what sold two streets over last week.

For houses in East Camble, the HonestDoor Price of $1,436,701 is already $7,243 higher than the city's assessment. That gap is money left on the table if you price based on what the government says your home is worth.

For condos, the gap is staggering. The city says $519,115. HonestDoor says $878,685. That is a difference of nearly $360,000. No, that does not mean every condo will sell at the HonestDoor Price - but it tells you the assessment is almost useless as a pricing guide. The HonestDoor Price pulls from real transaction data and updates in real time. It is the number a serious seller or buyer should be starting from.

With 2,573 houses and 246 condos assessed this year across East Camble, there is a lot of real data feeding into these estimates. That is not a small sample - it is a solid foundation for a realistic number.

The So What: Should You Sell in East Camble This Summer?

Straight answer - it depends on what you own.

If you own a house, the case for selling this summer is reasonable. Values are holding, the predicted market value is ticking up, and East Camble's affordability compared to Bridgeport and West Camble makes us attractive to buyers who are being squeezed out of pricier pockets of Richmond. You are not going to get a bidding war frenzy, but you are not going to be sitting on the market for months either if you price it right.

If you own a condo, summer 2025 asks for more patience and more precision. Values have slipped -3.32% recently, the growth rank is 14 out of 15, and the predicted value is trending down. That does not mean do not sell - it means do not overprice and do not wait for a rebound that is not showing up in the data yet. A sharp list price based on the HonestDoor Price, not the city assessment, is your best move.

Either way, the first step is the same - check your HonestDoor Price today. It is free, it is current, and it is a much more honest starting point than whatever number showed up on your last property tax notice.

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.