Fraserview, Prince George - August 2026 Real Estate Report

Fraserview, Prince George: Your Home Is Probably Worth Less Than Your Tax Bill Says

If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The real-world numbers for Fraserview are telling a slightly different story right now - and you deserve to know what is actually going on before you make any moves.

The Vibe: What Is Happening With Houses and Condos Right Now

Let us start with houses. The city has us assessed at an average of $481,477. But the average HonestDoor Price - which pulls from live market signals, not a once-a-year government snapshot - sits at $460,872. That is a gap of about $20,000, and it has slipped another 1.72% from the previous period. The 3-month predicted value is coming in at $468,948, down from a moving average of $486,044. In plain terms, house values here are taking a breather, with a recent change of -5.37%.

• Average assessed value (houses): $481,477
• Average HonestDoor Price (houses): $460,872 - down 1.72%
• Predicted market value (houses): $468,948
• 3-month moving average (houses): $486,044
• Average sale price (houses): $574,000
• Price per square foot: $409
• Estimated monthly rent: $2,381
• Rental yield: 5.70% - that is a strong return
• Neighbourhood growth rank: 30 out of 31 in Prince George

That growth rank is the number we need to talk about. On the neighbourhood leaderboard for Prince George, Fraserview houses sit at 30 out of 31. That puts us near the bottom of the pack for price growth right now. It does not mean the sky is falling - but it does mean this is not the moment to assume your home is quietly appreciating on its own.

On the condo side, the picture is a bit more stable but still soft. The average HonestDoor Price for condos is $392,800, down 3.32% from the previous period. The predicted value is $406,300, which is essentially flat against the 3-month moving average of $406,767. Rental yield comes in at 4.01% - moderate, but workable if you are holding as an investment. The condo growth rank lands at 19 out of 28 in Prince George, which puts us in below-average territory.

• Average HonestDoor Price (condos): $392,800 - down 3.32%
• Predicted market value (condos): $406,300
• 3-month moving average (condos): $406,767
• Estimated monthly rent (condos): $2,120
• Rental yield (condos): 4.01%
• Condo growth rank: 19 out of 28 in Prince George

One quick neighbourhood check: our closest comparisons - Perry, Vla, and Assman - are all coming in cheaper than Fraserview for houses. Perry sits at an HD Price of $455,525, Vla at $381,539, and Assman at $430,827. We are holding a price premium over our neighbours, but the growth rates across the board are nearly flat or slightly negative. Nobody around here is running away with big gains right now.

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

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. In a flat or softening market, that number can actually overstate what your home would sell for today. Right now in Fraserview, the average assessment is running about 4.28% higher than the average HonestDoor Price. That gap is not just a rounding error - on a $481,000 home, that is roughly $20,000 of paper value that the market is not currently backing up.

The HonestDoor Price updates in real time using actual comparable sales, current demand signals, and neighbourhood trends. Think of it as the number a sharp buyer's agent would use to write an offer - not the number the city uses to calculate your property tax. If you are making any financial decisions based on your assessment alone, you are working with a stale map.

The So What: Should You Sell in Fraserview This Summer?

Straight talk - this is not the hottest seller's market we have seen. Only one house sold in the tracked period, values are drifting downward on a 3-month basis, and our growth rank puts us near the bottom of the Prince George leaderboard. If you were hoping to ride a wave this summer, the wave is pretty small right now.

That said, a few things work in your favour. Fraserview still commands a price premium over every nearby neighbourhood. If you need to sell, you are not in a distressed position - you are just in a patient market. Price it sharp, use the HonestDoor Price as your anchor rather than your assessment, and you give yourself the best shot at a clean sale.

If you can wait, the rental numbers are actually a decent argument for holding. A 5.70% rental yield on a house is real money. At $2,381 a month in estimated rent, a Fraserview house can carry itself while you wait for conditions to improve. That is the kind of number worth paying attention to.

Bottom line - know your real number before you do anything. Check your HonestDoor Price at HonestDoor.com. It is free, it is current, and right now in Fraserview, it is the most honest starting point you have got.

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.