Grand Boulevard, Burnaby - August 2026 Real Estate Report

Grand Boulevard, North Vancouver: Prices Are Holding, But the Cracks Are Starting to Show

The Vibe Right Now

If you live on one of those tree-lined streets in Grand Boulevard and you've been quietly wondering what your place is worth, here's the honest answer: it depends a lot on what type of home you own. Houses and condos are telling two very different stories right now.

Houses - Still the Strong Hand

The house market in Grand Boulevard is holding its ground. Average sale prices are sitting at $2,144,000, with a price per square foot around $1,642. That's not a number you see everywhere in North Vancouver.

The HonestDoor predicted market value for houses comes in at $2,256,880. That's actually above the recent sale average, which tells us the market sees more value here than the transaction data alone suggests. For context, that predicted value is slightly below nearby Tempe at $2,593,422 - so there's a ceiling we're bumping up against, but we're not far off.

On the neighbourhood leaderboard, Grand Boulevard houses rank 17 out of 52 for growth in North Vancouver. That puts us solidly above average - not leading the pack, but not getting left behind either.

• Average sale price: $2,144,000
• Price per square foot: $1,642
• HonestDoor predicted value: $2,256,880
• 3-month moving average: $2,282,433 (values are easing slightly)
• Recent value change: -1.81%
• Estimated monthly rent: $7,492
• Rental yield: 3.58%
• Growth rank: 17 out of 52 in North Vancouver
• Price rank: 18 out of 47 in North Vancouver (above average)

Condos - Taking a Breather (and Then Some)

This is where we need to be straight with each other. The condo side of Grand Boulevard is under pressure. Average sale prices are at $660,000, and the HonestDoor predicted value sits at $771,767 - which sounds encouraging until you look at the trend. That predicted value is down from a 3-month moving average of $784,969, and recent price changes have come in at -2.50%.

On the neighbourhood leaderboard, condo growth ranks 46 out of 48 in North Vancouver. That's bottom-of-the-pack territory. We're also sitting at price rank 17 out of 21 - meaning we're among the more affordable condo options in the city, which is a double-edged sword. Buyers get a deal, but sellers aren't getting top dollar right now.

The one bright spot: the HonestDoor predicted value of $771,767 is actually higher than nearby Kirkstone at $652,685, so we're not the cheapest option in the area. But the direction of travel is something condo owners need to watch closely.

• Average sale price: $660,000
• Price per square foot: $809
• HonestDoor predicted value: $771,767
• 3-month moving average: $784,969 (trending down)
• Recent value change: -2.50%
• Estimated monthly rent: $3,482
• Rental yield: 3.36%
• Growth rank: 46 out of 48 in North Vancouver (bottom performers)
• Price rank: 17 out of 21 in North Vancouver (affordable end)

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

Here's the thing about your BC Assessment notice: it's a snapshot from July 1st of last year. The market has moved since then - and in some cases, it's moved against you. If you're a condo owner in Grand Boulevard, your assessment might actually be showing you a number that's higher than what buyers are willing to pay today.

The HonestDoor Price is updated in real time using actual sales data, current market trends, and neighbourhood-level comparisons. It's not a government estimate built on old data. It's what the market thinks your home is worth right now - this week, not last summer.

For house owners, the HonestDoor predicted value of $2,256,880 is running above recent sale prices, which is a useful data point if you're negotiating or just benchmarking. For condo owners, the gap between the predicted value and the 3-month moving average is a signal worth paying attention to before you make any big decisions.

The So What - Thinking About Selling This Summer?

If you own a house in Grand Boulevard and you're thinking about listing this summer, the window is open - but it's not wide open forever. Values are easing slightly month over month, and sitting at -1.81% recently means the peak may already be behind us for this cycle. Listing sooner rather than later gives you more room to price confidently.

If you own a condo, this is a harder conversation. A growth rank of 46 out of 48 means buyers have a lot of other options in North Vancouver right now. That doesn't mean you can't sell - it means you need to price sharp and present well. Overpricing based on an old assessment will cost you time on market, and time on market costs you money.

Either way, the smartest move before you call an agent is to pull your HonestDoor Price. Know your real number first. Everything else follows from there.

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.