Heritage Woods, Port Moody - September 2026 Real Estate Report

Heritage Woods, Port Moody: What Your Home Is Actually Worth Right Now

If you live in Heritage Woods and you're still going off your BC Assessment notice, you're working with old information. Here's the real picture - straight from current market data, no fluff.

The Vibe: Where Heritage Woods Stands Today

The short version? Heritage Woods is a high-value, low-turnover neighbourhood. Prices are holding up well, but the market is taking a breather. Here's how houses and condos are each telling a slightly different story.

Houses: Steady at the Top

If you've been watching the "For Sale" signs in Heritage Woods, you'll notice there aren't many. Only 1 house sold recently, and the average sale price came in at $1,900,000 at roughly $784 per square foot. That's not a sign of weakness - it's a sign of a neighbourhood where people don't leave easily.

• Average HonestDoor Price: $1,631,991 - up 1.58% from the previous period
• Average BC Assessment: $1,619,269
• HonestDoor Price is 0.79% above the assessed value
• Predicted market value: $1,606,544
• 3-month moving average: $1,620,061 (values are easing slightly)
• Average rent estimate: $5,875 per month
• Rental yield: 4.09%
• Airbnb potential: $292 per night
• Price rank in Port Moody: 3 out of 13 - well above average
• Growth rank in Port Moody: 9 out of 16 - below average right now
• Total transaction rank in Port Moody: 1 - we lead the neighbourhood on deal volume

The growth rate is sitting at -0.46% recently, and on the neighbourhood leaderboard, houses rank 9th out of 16 for growth in Port Moody. That's not a crisis - it's a pause. But it does mean sellers who wait for a big price jump may be waiting a while. The price rank of 3rd out of 13 tells us we're still one of the pricier addresses in the city, which matters when you're negotiating.

Condos: High Price, Soft Momentum

Condos in Heritage Woods are a different conversation. The average HonestDoor Price is $1,255,419 - which is genuinely high for a condo anywhere in Port Moody. But values have dipped 0.47% from the previous period, and the recent change sits at -1.72%. On the neighbourhood leaderboard, Heritage Woods condos rank 15th out of 15 for growth in Port Moody. Dead last.

• Average HonestDoor Price: $1,255,419 - down 0.47% from the previous period
• Predicted market value: $1,261,289
• 3-month moving average: $1,255,328 (the predicted value is just above this - a small positive signal)
• Average rent estimate: $4,913 per month
• Rental yield: 2.46%
• Airbnb potential: $244 per night
• Airbnb rank in Port Moody: 2nd - strong short-term income potential
• Growth rank in Port Moody: 15 out of 15

The one bright spot for condo owners? The predicted value of $1,261,289 is nudging above the 3-month moving average of $1,255,328. It's a small thing, but it suggests the slide may be flattening. And that Airbnb rank of 2nd in all of Port Moody means if you're renting short-term, Heritage Woods condos punch well above their weight.

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

Here's the thing about BC Assessment - it's a snapshot taken in July of the previous year. By the time you read it, the market has already moved. For houses in Heritage Woods, the HonestDoor Price of $1,631,991 is already $12,722 higher than the average assessed value of $1,619,269. That gap is your real-world check.

With 933 properties assessed in Heritage Woods this year, the city is working from a broad average. Your specific home - its lot size, its view, its upgrades - is not an average. The HonestDoor Price updates in real time using actual transaction data and current market signals. If you're thinking about selling, refinancing, or just want to know what your biggest asset is actually worth today, the HonestDoor Price is the number to start with - not the one on your tax notice.

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

If you own a house in Heritage Woods and you're considering listing this summer, here's the honest read. Prices are high - 3rd in Port Moody - but momentum is soft. You're not in a runaway seller's market. What you do have is scarcity. With only 9 transactions recorded in 2026 across the neighbourhood, buyers who want Heritage Woods have very few options. That's leverage, if you price it right.

For condo owners, the picture calls for more patience or sharper pricing. Growth is at the bottom of the Port Moody leaderboard right now. A well-priced listing can still move - but overpricing in a -1.72% environment will cost you time and negotiating power.

Compare us to the neighbours and the story gets clearer. Heritage Mountain sits at $1,737,399 for houses - slightly pricier than us. Twin Creeks is at $1,458,110 - noticeably cheaper. Noons Creek is at $2,054,750 - a different tier entirely. Heritage Woods sits in a comfortable middle ground: premium, but not out of reach. That's a real selling point for buyers who've been priced out of Noons Creek.

Bottom line - if you want to know what your home is worth before you make any move, pull your HonestDoor Price at honestdoor.com. It's free, it's current, and it's a much better starting point than waiting for next year's assessment letter.

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.