Heritage Woods, Port Moody - October 2026 Real Estate Report
Heritage Woods, Port Moody: Your Neighbour Just Got a Reality Check on Their Home Value
If you own a home in Heritage Woods and you have not looked at your property value since your last tax assessment arrived, now is the time to pay attention. The numbers on that government notice and what your home is actually worth in today's market are not the same thing - and the gap matters more than you might think.
The Vibe: What Is Actually Happening in Our Neighbourhood
Heritage Woods is holding its ground. The market is taking a breather, not falling apart. Here is how things break down for us right now.
Houses
If you have been watching the "For Sale" signs on the streets around here, here is what is actually happening with houses in Heritage Woods.
- Average HonestDoor Price: $1,602,045
- Average Assessed Value: $1,619,269
- HonestDoor Price is down 1.83% from the previous period
- Average sale price: $1,576,667 - essentially flat
- Price per square foot: $798
- 3 properties sold recently - volume is steady
- Predicted market value: $1,631,991 - trending up from the 3-month average of $1,617,497
- Estimated rent: $5,875 per month
- Rental yield: 4.04%
- Recent value change: up 1.58%
That last number is the one to bookmark. A 1.58% recent gain puts Heritage Woods houses at growth rank 2 out of 16 neighbourhoods in Port Moody. That is a leaderboard position most of our neighbours would take any day. We are not the flashiest market in the city, but we are one of the most consistent performers. Price rank sits at 3 out of 13 - above average, and well ahead of Twin Creeks where houses are selling around $1,375,000.
Condos
The condo story in Heritage Woods is a bit different, and worth knowing if you own one or are thinking about buying one here.
- Average HonestDoor Price: $1,272,459
- HonestDoor Price is up 1.36% from the previous period
- Predicted market value: $1,255,419 - slightly below the 3-month average of $1,266,670
- Estimated rent: $4,913 per month
- Rental yield: 2.47%
- Airbnb rank in Port Moody: 2nd
- Recent value change: -0.47%
- Growth rank: 2 out of 15 neighbourhoods in Port Moody
Our condos are holding a top-2 growth rank in Port Moody even with a slight dip in predicted value. Compare that to Heritage Mountain condos at $815,240 or Twin Creeks at $791,559 - Heritage Woods condos are in a completely different price tier. The short-term rental angle is real too. An Airbnb rank of 2nd in all of Port Moody means this neighbourhood has genuine income potential for the right owner.
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here is the honest truth about that assessed value number sitting on your property tax notice. It is a snapshot from the past. The BC Assessment figure for Heritage Woods houses is $1,619,269 - but the HonestDoor Price is $1,602,045. That is a $17,000 difference, and it reflects what the market is actually doing today, not what it was doing when the assessor ran their numbers months ago.
The HonestDoor Price updates in real time. It pulls from actual recent sales, current market movement, and live data - not a once-a-year government calculation. If you are making any financial decision tied to your home's value - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the number that reflects reality. The assessment is useful for calculating your tax bill. The HonestDoor Price is useful for everything else.
With 933 properties assessed in Heritage Woods and 12 transactions recorded in 2026, there is a real, active market here. Your home's value is not theoretical.
The "So What?": Thinking About Selling This Summer?
Here is the straight talk for anyone considering listing in Heritage Woods this summer.
The predicted market value for houses is $1,631,991 and trending upward from the 3-month average. That is a good sign heading into the warmer selling season. You are not racing against a collapsing market - you are working with a neighbourhood that ranks near the top of Port Moody for growth. That is a real selling point.
The overall neighbourhood growth rate is down 0.04% year over year - a tiny dip, not a warning sign. Think of it as the market catching its breath after a strong run. Nearby, Heritage Mountain is slightly pricier at $1,691,106 but growing at the same slow pace. Twin Creeks is cheaper at $1,465,857. That gap tells buyers that Heritage Woods is worth the premium, and it gives sellers a defensible price position.
If you are a condo owner thinking about selling, the 1.36% price increase in the HonestDoor Price is a green light to at least get a current valuation. With rental demand strong at $4,913 per month and that top-2 Airbnb ranking, buyers looking at Heritage Woods condos have multiple reasons to pay up.
Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it will tell you more about your home's real-world value than any assessment notice ever will.
heritage woods | port moody | 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.