Grandview, Surrey - July 2026 Real Estate Report

Grandview, Surrey: Your Home Is Worth More Than the City Thinks

If you have been glancing at your latest property assessment and wondering if that number is actually what your home is worth - it is not. Not even close. The average assessed value in Grandview sits at $1,352,627 for houses, but the average HonestDoor Price tells a different story at $1,565,073. That is a gap of over $212,000. For condos, the city says $405,808, and HonestDoor says $456,397. That difference matters when you are making real decisions about real money.

The Vibe: What Is Actually Happening in Grandview Right Now

Let us break it down by property type, because houses and condos are telling two different stories here.

Houses

We are in steady territory. Five houses sold last month, and the average sale price came in at $1,084,400 at roughly $622 per square foot. The predicted market value for houses is $1,572,240, which is trending up from the 3-month moving average of $1,558,080. That upward tick matters - it means momentum is building, not fading.

• Average HonestDoor Price: $1,565,073
• Predicted Market Value: $1,572,240
• Average Sale Price: $1,084,400
• Price Per Square Foot: $622
• Estimated Monthly Rent: $5,557
• Rental Yield: 4.30%
• Recent Value Change: up 0.60%
• Growth Rank: 17 out of 41 neighbourhoods in Surrey - above average
• Price Rank: 20 out of 45 - above average in Surrey

On the neighbourhood leaderboard, Grandview houses rank 17th out of 41 for growth in Surrey. That puts us solidly in the upper half. Compare that to nearby Morgan Heights, where prices are lower and growth is slower, and South Surrey, which is priced much higher but growing at the same pace. Grandview is holding its own without the premium price tag of South Surrey.

Condos

The condo picture is a bit more nuanced. One condo sold last month at $785,000, or about $643 per square foot - slightly below Morgan Heights condos which averaged $790,000. The predicted market value is $461,860, up from the 3-month moving average of $455,863, so values are still creeping higher even if the pace is modest.

• Average HonestDoor Price: $456,397
• Predicted Market Value: $461,860
• Average Sale Price: $785,000
• Price Per Square Foot: $643
• Estimated Monthly Rent: $2,215
• Rental Yield: 3.85%
• Recent Value Change: up 0.50%
• Growth Rank: 26 out of 42 neighbourhoods - below average
• Price Rank: 1 out of 26 - among the most expensive condos in Surrey

Here is the headline for condos: Grandview ranks number one out of 26 comparable neighbourhoods for condo price in Surrey. We are sitting at the top of the price leaderboard. Growth is below average right now, but when you are already the most expensive, that is not a surprise. Cheaper nearby options like South Surrey condos at $345,318 and Sunnyside at $570,297 show just how far ahead Grandview condos are priced.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Your city assessment is a snapshot taken months ago using broad formulas. It does not know what your neighbour's reno did for the block. It does not factor in what buyers are actually paying right now. The HonestDoor Price is updated in real time using live transaction data, and in Grandview, it is running 15.71% higher than the average assessed value for houses and 12.47% higher for condos.

That gap is not a rounding error. For a house, we are talking about over $212,000 sitting between what the city thinks your home is worth and what the market is actually signalling. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessed value alone is leaving money on the table.

Check your HonestDoor Price now. It takes about 30 seconds and it is the real-world check your tax notice cannot give you.

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

Here is the honest take. The market is not on fire, but it is not cooling off either - it is taking a measured breath. House values are up 0.60% recently and trending above the 3-month average. Condo values are up 0.50%. There were 19 property transactions in Grandview in 2026, and the total transaction rank in Surrey is 3rd. That means Grandview is one of the busiest neighbourhoods for deals in the entire city.

If you are a house owner thinking about selling this summer, the timing is reasonable. You are above average in both price and growth rank, the predicted value is climbing, and buyers looking at South Surrey pricing may find Grandview a compelling alternative. That comparison works in your favour.

If you own a condo, the story is different but still interesting. You are sitting in the most expensive condo neighbourhood in Surrey by rank. Buyers who want Grandview will pay for it. The trade-off is that growth is below average right now, so if you are waiting for a big run-up, the data does not support that bet in the short term. If you need to move, the pricing position is strong. If you can wait, there is no urgency either way.

Either way, the first step is the same - pull your HonestDoor Price and know your real number before you talk to anyone.

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.