Fraser Lands, Richmond - September 2026 Real Estate Report

Fraser Lands, Richmond: Your Homes Are Holding Strong While the Rest of Richmond Watches

The Vibe Right Now

If you live in Fraser Lands and you've been quietly wondering whether your home is still worth what you think it is - the answer is yes, and then some. This neighbourhood is punching above its weight in Richmond right now, and the numbers back that up.

Let's break it down by property type, because houses and condos are telling two slightly different stories.

Houses: The Leaderboard Leader

Fraser Lands houses are sitting at an average HonestDoor Price of $2,059,849. That number has barely budged - down just 0.03% from the previous period, which is basically flat. More telling is the 3-month trend: the predicted market value of $2,060,451 is climbing past the 3-month moving average of $2,038,070. That means momentum is pointing up, not down.

Here is the stat worth sharing at your next block barbecue: Fraser Lands houses rank 1 out of 15 comparable neighbourhoods in Richmond for growth. That is not a typo. We are sitting at the top of the Richmond neighbourhood leaderboard for house price growth right now.

• Average HonestDoor Price: $2,059,849
• Predicted Market Value: $2,060,451
• 3-Month Moving Average: $2,038,070
• Recent Value Change: 0.98%
• Growth Rank in Richmond: 1 out of 15
• Average Rental Estimate: $5,875 per month
• Rental Yield: 4.38%
• Airbnb Estimate: $292 per night
• Airbnb Rank in Richmond: 6

For context, our closest neighbours are not keeping pace. Shellmont houses are priced at $1,556,527 and Tilbury sits at $1,061,998. East Richmond is a different beast entirely at $5,570,300 - that is large agricultural and estate land pulling the average way up. For a liveable, urban neighbourhood, Fraser Lands is the value sweet spot in this part of Richmond.

Condos: Quietly Climbing the Charts

The condo story here is a bit more nuanced, but still solid. The average HonestDoor Price for condos is $625,674, which is down 1.70% from the previous period. That dip is worth watching. But the forward-looking number - the predicted market value of $636,463 - is already above the 3-month moving average of $625,215, which tells us the correction may already be finding its floor.

Condo growth ranks 3 out of 15 neighbourhoods in Richmond. Top three. We are also ranked 4 out of 13 for price, meaning Fraser Lands condos are above average in value compared to the rest of Richmond - without being the most expensive option out there.

• Average HonestDoor Price: $625,674
• Average Assessed Value: $650,331
• HonestDoor Price vs. Assessment: 3.79% below Richmond average assessment
• Predicted Market Value: $636,463
• 3-Month Moving Average: $625,215
• Recent Value Change: 1.17%
• Growth Rank in Richmond: 3 out of 15
• Price Rank in Richmond: 4 out of 13
• Average Rental Estimate: $3,017 per month
• Rental Yield: 3.57%
• Airbnb Estimate: $150 per night
• Properties Assessed This Year: 139

One number to flag: the average sale price recorded is $688,000, against a HonestDoor Price of $625,674. That gap is worth understanding before you price anything.

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

Here is the thing about your BC Assessment notice - it reflects what your home was worth on July 1st of the previous year. By the time it lands in your mailbox, it is already 6 to 18 months out of date. In a market that has moved the way Fraser Lands has, that lag can cost you real money.

The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood-level signals. For condo owners, the HonestDoor Price is already showing a 3.79% gap below the Richmond average assessment - meaning if you relied on your assessment alone, you might be mispricing your unit in either direction.

For house owners, the HonestDoor Price is tracking upward momentum that your static assessment simply cannot capture yet. Checking your HonestDoor Price today gives you the real-world number - not last year's snapshot.

The So What - Should You Sell This Summer?

If you own a house in Fraser Lands and you have been sitting on the fence, the data is giving you a green light to at least get a current number. Ranking first in Richmond for growth is not something that stays quiet for long. More buyer attention tends to follow that kind of momentum, and summer is historically when serious buyers show up.

For condo owners, the picture is a bit more patient. The 1.70% recent dip is real, but the recovery trend in the predicted value suggests the floor is close if not already here. If your timeline is flexible, waiting for that predicted value of $636,463 to become the new baseline could make sense. If you need to move this summer, pricing sharp and knowing your real number - not the assessed one - is how you stay competitive against nearby Shellmont and East Richmond condos.

Either way, the first move is the same: pull your HonestDoor Price today and know exactly where you stand before you call anyone.

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.