Garibaldi Highlands, Squamish - October 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 have not looked at your property value since your last tax assessment, you are working with stale numbers. Here is what is actually happening on the ground right now.
The Vibe: What the Market Is Doing
Let us break it down by property type, because houses and condos are telling two different stories right now.
Houses in Garibaldi Highlands
The house market here is taking a breather. The average HonestDoor Price sits at $1,356,961 - that is down 1.20% from the previous period. The city's assessed value says your home is worth $1,479,711, but the real-world number is tracking about 8.30% below that. That gap matters when you are making decisions about selling, refinancing, or even just knowing where you stand.
Recent sales back this up. The average sale price for houses came in at $1,448,333, with 3 properties changing hands. Price per square foot is running around $952. The predicted market value of $1,373,412 is also dipping below the 3-month moving average of $1,386,867 - a sign that the softening is not just a blip.
- Average HonestDoor Price: $1,356,961
- Average Assessed Value: $1,479,711 (8.30% higher than the HD Price)
- Average Sale Price: $1,448,333
- Price Per Square Foot: $952
- Estimated Monthly Rent: $5,079
- Rental Yield: 4.36%
- Neighbourhood Growth Rank: 7 out of 11 in Squamish
On the neighbourhood leaderboard for growth, houses here rank 7th out of 11 comparable areas in Squamish. That puts us in the below-average tier for momentum right now. On price though, we rank 4th out of 8 - so we are still holding above-average value compared to most of the city.
How do we stack up against the neighbours? Eagle Run ($1,686,742) and Valleycliffe ($1,637,442) are both pricier but growing slower. Dentville ($1,153,930) is cheaper and also growing slower. Garibaldi Highlands sits in a solid middle ground - not the cheapest, not the most expensive, and outpacing the surrounding areas on growth.
Condos in Garibaldi Highlands
The condo picture is actually a bit more encouraging. The HonestDoor Price for condos is $588,092 - down 2.68% from last period, but the predicted value of $604,263 is trending upward against the 3-month moving average of $594,056. That is a small but real sign of stabilization.
One sale closed recently at an average of $895,000, which is notably above the HonestDoor Price. Price per square foot is around $684.
- Average HonestDoor Price: $588,092
- Average Assessed Value: $641,754 (8.36% higher than the HD Price)
- Average Sale Price: $895,000
- Price Per Square Foot: $684
- Estimated Monthly Rent: $2,929
- Rental Yield: 3.64%
- Neighbourhood Growth Rank: 2 out of 8 in Squamish
On the neighbourhood leaderboard, condos here rank 2nd out of 8 for growth in Squamish - that is above average, and a real bright spot. We also rank 1st out of 5 on price, making Garibaldi Highlands the most expensive condo market in the comparison set. For context, nearby Valleycliffe condos are tracking at $526,829 - we are sitting about $61,000 higher on the HonestDoor Price alone.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your BC Assessment number - it is a snapshot from the past. It does not know what happened in the market last month, last quarter, or even in the last six months. The government runs those numbers once a year and calls it done.
The HonestDoor Price is updated in real time. It pulls in actual transaction data, current market trends, and what comparable properties are doing right now. For houses in Garibaldi Highlands, that means the HD Price is running $122,750 below the assessed value. For condos, the gap is $53,662.
If you are a homeowner using your assessed value to make any kind of financial decision - whether that is a HELOC, a sale price conversation, or just knowing your net worth - you are using a number that does not reflect today's market. The HonestDoor Price is the real-world check.
The So What: Thinking About Selling This Summer?
If you are a house owner in Garibaldi Highlands and you are eyeing a summer sale, here is the honest read. Values are softening slightly - down 0.68% recently and sitting below the 3-month trend line. That does not mean panic. It means pricing sharp from day one matters more than it did a year ago. Buyers are doing their homework, and an overpriced listing will sit.
The rental income story is solid backup if you decide to hold. At $5,079 per month estimated rent and a 4.36% yield, this is not a bad asset to keep in your corner while you wait for the market to find its footing again.
For condo owners, the timing looks a little more interesting. Values are ticking upward against the recent trend, growth ranks 2nd in the city, and you are in the most expensive condo pocket in Squamish. If you have been sitting on the fence, this summer is worth a serious conversation with your agent.
Either way - house or condo - pull your HonestDoor Price before you do anything else. It takes 30 seconds and it will give you a far more honest starting point than whatever number showed up in your assessment notice.
garibaldi highlands | squamish | october 2026This 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.