Iron Mask, Kamloops - September 2026 Real Estate Report

Iron Mask, Kamloops: Your Neighbour Just Texted You This

If you own a house in Iron Mask and haven't checked your property value lately, you're leaving money on the table. The neighbourhood is quietly punching above its weight - and most people haven't noticed yet.

The Vibe: Houses vs. Condos - Two Very Different Stories

Let's be straight with you. Houses and condos in Iron Mask are moving in opposite directions right now, and which one you own matters a lot.

Houses: We're in solid territory here. The average HonestDoor Price sits at $429,202, up 0.23% from the previous period. The predicted market value is $428,196, and that number is climbing - it's already above the 3-month moving average of $423,670. That upward momentum is real. On the neighbourhood leaderboard, Iron Mask houses rank 5 out of 27 comparable neighbourhoods in Kamloops for growth. Top 5. That's not a fluke.

• Average HonestDoor Price (Houses): $429,202
• Predicted Market Value: $428,196
• 3-Month Moving Average: $423,670 (current value is above this - trending up)
• Recent Value Change: +1.46%
• Growth Rank: 5 out of 27 in Kamloops
• Average Rental Estimate: $1,934 per month
• Rental Yield: 5.60% - that's a strong return
• Airbnb Estimate: $96 per night
• Airbnb Rank in Kamloops: 27

Condos: This is where we need to have an honest conversation. The average HonestDoor Price for condos is $401,833, which looks good on paper with a 7.16% increase in the HonestDoor metric. But the predicted market value tells a different story - it's at $375,000 and it's dipping below the 3-month moving average of $384,100. Recent value change is -5.10%. On the leaderboard, condo growth ranks 26 out of 27 in Kamloops. That's near the bottom. If you own a condo here, you need to know this now, not later.

• Average HonestDoor Price (Condos): $401,833
• Predicted Market Value: $375,000
• 3-Month Moving Average: $384,100 (current value is below this - trending down)
• Recent Value Change: -5.10%
• Growth Rank: 26 out of 27 in Kamloops
• Average Rental Estimate: $2,100 per month
• Rental Yield: 4.06% - moderate
• Airbnb Estimate: $103 per night
• Airbnb Rank in Kamloops: 15

The Secret Sauce: Why Your Tax Assessment Is Already Out of Date

Here's the thing about your BC Assessment notice - it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, the market has already moved on. For house owners in Iron Mask, that means your assessment is likely underselling what your property is actually worth right now.

The HonestDoor Price is updated in real time using current sales data, market signals, and neighbourhood trends. It's the real-world check against a number the government calculated months ago. With Iron Mask houses sitting in the top 5 for growth across all of Kamloops, there's a good chance the gap between your assessment and your actual value is wider than you think. Check your HonestDoor Price today - not when the next assessment cycle rolls around.

For condo owners, this cuts the other way. If your assessment still reflects last year's higher values, your HonestDoor Price may be giving you a more accurate - and more sobering - picture of where things actually stand. Better to know now than to price wrong and sit on the market.

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

If you own a house in Iron Mask, summer 2025 is worth a serious look. You're in a top-5 growth neighbourhood in Kamloops, values are trending upward, and nearby areas like Pineview (HonestDoor Price $746,368) and Dufferin ($837,378) are priced much higher - which means buyers priced out of those neighbourhoods are looking your way. Iron Mask is on their radar whether you know it or not.

A rental yield of 5.60% also means investors are circling. That's not just owner-occupier demand - that's a second pool of buyers who see the numbers and like what they see.

If you own a condo, the honest advice is this: don't wait for the market to turn around on its own. With a growth rank of 26 out of 27 and values trending below the 3-month average, the window to sell at a strong price may be tightening. Get your HonestDoor Price, understand where you actually stand, and make a decision based on real numbers - not hope.

Either way, the first step is the same. Know your number. HonestDoor gives you that for free, right now, without waiting for anyone's annual report.

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.