Heritage, Prince George - July 2026 Real Estate Report

Heritage, Prince George: Your Neighbour Just Asked "Should I Sell?" - Here's the Real Answer

If you own a home in Heritage and you've been wondering whether the market is moving for you or against you, pull up a chair. The numbers are in, and there's a split story happening right here on our streets - one for house owners, one for condo owners. They're heading in different directions, and which side you're on matters a lot right now.

The Vibe: Houses vs. Condos in Heritage

Let's be straight with each other. For houses, the market is taking a breather. The average sale price sits at $490,000, and the predicted market value for a Heritage house is $506,493 - but that number is sliding. It's down from a 3-month moving average of $510,149, and property values have dipped 1.32% recently. On the neighbourhood leaderboard for growth, Heritage houses rank 26 out of 31 neighbourhoods in Prince George. That puts us near the bottom of the pack for price momentum right now.

The upside? We're one of the most affordable options in the city. Heritage houses rank 6 out of 6 for price among comparable Prince George neighbourhoods - meaning buyers get more for their dollar here than almost anywhere else. Price per square foot runs around $210, and rental income potential is genuinely strong at an estimated $2,531 per month with a rental yield of 5.62%. If you're an investor, that number is worth paying attention to.

Condos are a completely different conversation. Our condo market is actually one of the top performers in the city right now. The average HonestDoor Price for a Heritage condo is $277,078 - up 5.19% from the previous period. The predicted value of $263,400 is climbing, beating the 3-month moving average of $255,680. Growth ranks 4 out of 30 neighbourhoods in Prince George. That puts Heritage condos in the top tier of the city for momentum. Rental yield sits at 4.25%, which is moderate but steady.

• House average sale price: $490,000
• House predicted market value: $506,493 (down from $510,149 three-month average)
• House price per square foot: $210
• House rental yield: 5.62%
• House growth rank: 26 out of 31 in Prince George
• Condo average HonestDoor Price: $277,078 (up 5.19%)
• Condo predicted market value: $263,400 (up from $255,680 three-month average)
• Condo growth rank: 4 out of 30 in Prince George
• Condo rental yield: 4.25%

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

Here's something most Heritage homeowners don't realize. The city's assessed value on your property - the number that shows up on your tax notice - is a snapshot from the past. It doesn't update in real time. It doesn't know what happened to prices last month or last quarter.

The average assessed value for a Heritage house is $490,289. The average HonestDoor Price is $500,901. That's a gap of roughly $10,600 - and the HonestDoor Price is 2.16% higher than what the city has on file. For a condo, the HonestDoor Price has jumped 5.19% in the most recent period alone. Your tax assessment almost certainly hasn't caught up to that move yet.

The HonestDoor Price is the real-world check. It pulls in current market signals, not last year's data. If you're making any decision about selling, refinancing, or even just understanding what you actually own, the HonestDoor Price gives you the number that reflects today - not the number a government office locked in months ago.

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

If you own a house in Heritage and you're thinking about listing this summer, the honest take is this: price it sharp. The market isn't surging. With a growth rank of 26 out of 31 and values trending slightly down from their recent peak, buyers have options. That doesn't mean you can't sell well - it means you need to be realistic from day one. An overpriced listing in a softening market sits. A well-priced one moves.

Compare us to nearby neighbourhoods and the picture gets clearer. Cranbrook Hill houses average $697,910 and are growing faster. North Nechako sits at $587,529, also growing faster. West Bowl comes in at $493,387 - cheaper than us and also growing faster. Heritage is the most affordable of the group, which is actually a selling point if you market it right to buyers who've been priced out elsewhere.

If you own a Heritage condo, the timing looks better. Values are rising, momentum is real, and a top-4 growth rank in the city means buyer interest is there. If you've been sitting on the fence about selling, this summer is worth a serious conversation.

Either way, check your HonestDoor Price before you do anything else. It takes 30 seconds and it'll tell you more about where you actually stand than any tax notice will.

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.