Garibaldi Highlands, Squamish - July 2026 Real Estate Report

Garibaldi Highlands Real Estate: Your Assessed Value Is Lying To You

If you own a home in Garibaldi Highlands and you're still quoting your BC Assessment number at dinner parties, it's time for a reality check. The city says your house is worth one thing. The actual market says something different. Here's what's really going on.

The Vibe: Houses vs. Condos

We're seeing two pretty different stories play out in our neighbourhood right now, depending on what you own.

Houses: This is where Garibaldi Highlands is quietly flexing. Our houses are sitting at a predicted market value of $1,408,077 - up from a 3-month moving average of $1,384,653. That's real upward movement. Recent property values have shifted 3.95%, and when you stack us up against every comparable neighbourhood in Squamish, we rank 1 out of 11 for growth. That's not a typo. We're leading the pack. The average sale price is running around $885,000, with price per square foot at roughly $770 - and that's already beating nearby Eagle Run, where houses are selling closer to $795,000.

• Predicted market value: $1,408,077
• 3-month moving average: $1,384,653
• Average sale price: $885,000
• Price per square foot: $770
• Estimated rent: $5,173 per month
• Rental yield: 4.33%
• Growth rank: 1 out of 11 in Squamish

Condos: Honestly, we need to be straight with you here. Condo values are taking a breather. The HonestDoor Price for condos has dipped 3.04% from the previous period, sitting at $576,438. Growth ranks 7 out of 8 in Squamish right now. That said, the predicted value of $594,482 is still creeping above the 3-month average of $591,510, so it's not a freefall - just a slow crawl. Average condo sales are coming in around $460,000, which is actually ahead of nearby Valleycliffe at $395,000, so we're holding our own in that comparison.

• Predicted market value: $594,482
• 3-month moving average: $591,510
• Average sale price: $460,000
• Price per square foot: $613
• Estimated rent: $2,887 per month
• Rental yield: 3.65%
• Growth rank: 7 out of 8 in Squamish

The Secret Sauce: Why You Need Your HonestDoor Price Right Now

Here's the thing about BC Assessment. It's a snapshot from last July. A lot has happened since then. For houses in Garibaldi Highlands, the average assessed value is $1,479,711 - but the HonestDoor Price is $1,403,656. That's a gap of over $76,000, and the HonestDoor number is 5.14% lower than what the government has on file. For condos, the gap is even wider. Assessed at $641,754, but the HonestDoor Price is $576,438 - that's 10.18% lower than the city's number.

Why does this matter to us? Because if you're making any financial decision - refinancing, selling, even just understanding your net worth - you want the number that reflects what a buyer would actually pay today, not what an assessor estimated almost a year ago. The HonestDoor Price is updated in real time. The assessment is not. That's the difference between a real-world check and a stale government estimate.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Garibaldi Highlands and you've been sitting on the fence, the data is giving you a nudge. We're ranked number one for growth among comparable Squamish neighbourhoods. Values are trending up. Rental demand is strong at $5,173 a month. Buyers looking at Eagle Run or Valleycliffe - where prices are actually higher - might find us looking like a smart alternative. That's a real selling point.

For condo owners, summer 2025 is a moment to be realistic. The market isn't collapsing, but it's not running hot either. A 3.04% dip in the HonestDoor Price and a bottom-tier growth ranking means pricing your unit sharp will matter more than it did a year ago. Overpricing based on your assessment number could leave you sitting on the market longer than you'd like.

Either way, the move right now is to pull your HonestDoor Price before you do anything else. It's the most current read on what your property is actually worth - not what the city guessed last summer.

• 1,244 houses assessed in Garibaldi Highlands this year
• 325 condos assessed this year
• Neighbourhood growth: 0.04% year over year for houses, 0.02% for condos
• Garibaldi Highlands Airbnb rank in Squamish: 7 for houses, 6 for condos
• Assessed value rank in Squamish: 3 for both houses and condos

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.