Fraserview, Prince George - July 2026 Real Estate Report

Fraserview Real Estate Update: Your Assessed Value Might Be Lying to You

If you own a home in Fraserview and you have not looked at your property value since your last tax assessment, here is something worth knowing - the city's number and the real-world number are not the same thing right now. Let's break down what is actually happening on our streets.

The Vibe: Houses vs. Condos in Fraserview

We are seeing two different stories play out depending on what you own here.

Houses - The house market in Fraserview is holding its ground. The average sale price sits at $574,000, with a price per square foot around $409. The predicted market value for houses is $495,536, and that number is nudging upward from the 3-month moving average of $494,774. That is a small but positive signal. Property values have moved up 0.38% recently, and on the neighbourhood leaderboard, our house growth ranks 9 out of 31 comparable neighbourhoods in Prince George - that puts us in above-average territory. Not the top of the pack, but solidly ahead of the middle. If you are renting out a house here, the estimated rent of $2,495 per month and a rental yield of 5.64% is genuinely strong. That is not a number to ignore.

Condos - The condo picture is a bit more cautious. The predicted market value is $399,600, and it is drifting down from the 3-month moving average of $409,567. Values have shifted -3.57% recently. The rental yield on condos comes in at 4.03%, which is moderate - it works, but it is not the same punch as the house side. On the growth leaderboard, condo growth ranks 13 out of 30 neighbourhoods, which still lands us in above-average territory. The HonestDoor Price for condos is $406,300, up 1.68% from the previous period, so there is a bit of a split signal happening there worth watching.

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

Here is the thing about city assessments - they are a snapshot from the past. The average assessed value for a Fraserview house is $481,477. But the average HonestDoor Price is $468,948, which is 2.60% lower than that assessment and has come down 5.37% from the previous period. That gap matters if you are making any financial decision based on what you think your home is worth.

The HonestDoor Price pulls from real-time market signals - not a once-a-year government estimate. If your assessed value says one thing and the actual market is saying another, you want to know that before you price a listing, refinance, or make your next move. Think of the HonestDoor Price as the real-world check that keeps you honest about where things actually stand today.

• Average assessed value (houses): $481,477
• Average HonestDoor Price (houses): $468,948 - down 5.37% from last period
• HonestDoor Price is 2.60% below the average assessed value
• Average HonestDoor Price (condos): $406,300 - up 1.68% from last period
• 176 properties assessed in the neighbourhood this year

Compared to nearby neighbourhoods, Fraserview holds its own. Perry comes in at $440,254, Assman at $423,496, and Vla at $377,682. All three are cheaper than us and growing slower. That tells us Fraserview is one of the stronger bets in this pocket of Prince George right now.

The So What: Thinking About Selling This Summer?

If selling is on your radar, here is the straight talk. The house market is more favourable than the condo market heading into summer. A predicted value of $495,536 on the house side, a rental yield of 5.64%, and a growth rank of 9 out of 31 - those are numbers that give a seller some confidence going into a listing conversation.

On the condo side, the recent -3.57% value shift and the dip below the 3-month moving average suggest the timing is a little softer. That does not mean do not sell - it means price it right from day one and do not anchor to an old assessment number.

For both property types, the single most useful thing you can do before calling an agent is check your HonestDoor Price. It is updated, it reflects what buyers are actually paying in markets like ours, and it will stop you from either leaving money on the table or scaring buyers off with a number that does not match reality.

• House predicted value: $495,536 - trending up
• House rental yield: 5.64% - strong
• House growth rank: 9 out of 31 in Prince George - above average
• Condo predicted value: $399,600 - trending down slightly
• Condo rental yield: 4.03% - moderate
• Condo growth rank: 13 out of 30 in Prince George - above average
• Neighbourhood growth year over year: 0.05%
• Average rental estimate: $2,381 per month

Bottom line - Fraserview is not a neighbourhood that is losing ground. It is taking a measured pace while still outrunning most of its neighbours. If you own here, stay informed. If you are thinking of selling, get your HonestDoor Price first. That is the number that actually reflects today's market.

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.