Grandview, Surrey - October 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 feeling a little underwhelmed, here is the real picture. The city's number is a snapshot from the past. The HonestDoor Price is what the market is actually saying right now - and in Grandview, that gap is significant.
The Vibe: What Is Happening on Our Streets Right Now
Grandview is not crashing. It is not on fire either. It is a market taking a breather - and for anyone thinking about their next move, that actually creates some interesting opportunities. Here is how houses and condos are stacking up.
Houses in Grandview
If you own a house here, the numbers are working in your favour more than you might think. The city assessed the average Grandview house at $1,352,627. But the HonestDoor Price tells a different story - $1,550,711. That is a gap of nearly $200,000, or 14.64% higher than what the assessment says. That is real money sitting on the table that a tax notice will never show you.
- HonestDoor Price (Houses): $1,550,711
- Average Assessed Value: $1,352,627
- Assessment Gap: 14.64% higher than assessed
- Recent Price Change: -0.43%
- 3-Month Moving Average: $1,560,176
- Average Sale Price: $996,429
- Price Per Square Foot: $556
- Properties Sold (Recent): 7
- Estimated Monthly Rent: $5,499
- Rental Yield: 4.33%
- Airbnb Estimate: $273 per night
- Neighbourhood Growth Rank: 7 out of 41 in Surrey
- Price Rank: 22 out of 45 in Surrey
That growth rank is worth pausing on. Sitting at 7 out of 41 neighbourhoods in Surrey puts Grandview houses in the top tier of the leaderboard. We are not leading the pack, but we are well ahead of most. Values have dipped a fraction recently - down 0.43% - but the 3-month moving average of $1,560,176 shows this is a minor wobble, not a slide. With 38 total property transactions in 2026 and a total transaction rank of 3rd in Surrey, people are still buying here. That kind of activity matters when you are pricing a listing.
Condos in Grandview
The condo story here is a bit more nuanced. The HonestDoor Price sits at $449,490 - about 10.76% above the average assessed value of $405,808. Values have pulled back 1.04% recently, and the growth rank of 28 out of 44 puts condos in below-average territory on the Surrey leaderboard. But here is the flip side: on price alone, Grandview condos rank 3rd out of 27 comparable neighbourhoods. We are among the most expensive condo markets in Surrey. That is not a bad place to be if you are a seller.
- HonestDoor Price (Condos): $449,490
- Average Assessed Value: $405,808
- Assessment Gap: 10.76% higher than assessed
- Recent Price Change: -0.30%
- 3-Month Moving Average: $455,399
- Average Sale Price: $785,000
- Price Per Square Foot: $643
- Properties Sold (Recent): 1
- Estimated Monthly Rent: $2,180
- Rental Yield: 3.87%
- Airbnb Estimate: $107 per night
- Growth Rank: 28 out of 44 in Surrey
- Price Rank: 3 out of 27 in Surrey
One sale in the recent period means the condo data is thin. Do not read too much into a single transaction. What we can say is that at $643 per square foot, Grandview condos are holding their own - and sitting just slightly above comparable South Surrey condos at $337,612 and below Sunnyside at $571,286.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your BC Assessment notice. It is based on data from July 1st of the previous year. By the time it lands in your mailbox, it is already old news. The market has moved. Buyer demand has shifted. Interest rates have done their thing. Your assessment is a historical document, not a price tag.
The HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood trends. For Grandview house owners, that means the real-world number is sitting nearly $200,000 above what the city says your home is worth. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessment figure alone is leaving you with an incomplete picture.
Think of the HonestDoor Price as the check you run before you trust the government's homework.
The So What - Should You Sell in Grandview This Summer?
Short answer: the window is open, but it is not wide open forever.
For house sellers, the fundamentals are solid. We rank 7th out of 41 neighbourhoods in Surrey for growth - that is a strong leaderboard position to be advertising to buyers. Values are down a fraction, but the 3-month trend shows stability, not a freefall. With only 7 houses sold recently, inventory is tight. Tight inventory in a top-10 growth neighbourhood is a seller's friend. Buyers looking at Grandview are not finding a flood of options, which keeps pricing power on your side.
For condo sellers, the picture is more cautious. Growth momentum is below average right now, and with only one recent sale, it is hard to call a strong trend. But being ranked 3rd in price out of 27 Surrey condo neighbourhoods means the buyers who do come to Grandview are expecting to pay a premium. Price it right and you will find them.
For both property types, the core message is the same. Do not anchor your expectations to the assessed value. Check your HonestDoor Price first. In Grandview, that number is consistently telling a better story than the city's paperwork - and this summer, that story is worth knowing before you decide your next move.
grandview | surrey | 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.