Keith Lynn, North Vancouver - September 2026 Real Estate Report

Keith Lynn, North Vancouver: Your Home Is Worth More Than the City Thinks

If you own a house in Keith Lynn and you have not checked your HonestDoor Price lately, here is the short version: the city's assessment is already behind. The average assessed value sits at $1,965,872, but the average HonestDoor Price is $2,046,500. That is a gap of over $80,000 that your tax notice is simply not telling you about.

The Vibe: What Is Actually Happening in Keith Lynn Right Now

Let us be straight with you. The market here is taking a breather. Neighbourhood growth is down 0.07% year over year, and we are sitting at rank 32 out of 52 neighbourhoods for house price growth in North Vancouver. That is below average on the leaderboard. But "below average growth" does not mean "cheap" - not even close.

On price alone, Keith Lynn houses rank 10 out of 46 neighbourhoods in North Vancouver. We are in the top tier for what homes are worth here. The market is just moving more slowly right now, which is a very different thing from declining.

Houses vs. Condos - Two Different Stories

Here is how the two property types stack up right now in Keith Lynn:

Houses

• Average sale price: $2,275,000
• Price per square foot: $1,192
• HonestDoor predicted value: $2,068,694
• 3-month moving average: $2,073,280 (values are easing slightly)
• Estimated rent: $7,012 per month
• Rental yield: 3.67%
• Airbnb potential: $348 per night
• Growth rank: 32 out of 52 in North Vancouver
• Price rank: 10 out of 46 in North Vancouver - well above average

Condos

• HonestDoor Price: $592,185 (down 0.15% from last period)
• Predicted market value: $593,069
• 3-month moving average: $599,538 (also easing slightly)
• Estimated rent: $2,893 per month
• Rental yield: 3.66%
• Airbnb potential: $143 per night
• Growth rank: 23 out of 48 in North Vancouver - above average

The condo story is actually more interesting than it looks. Yes, values are down 1.15% recently. But condos here rank 23 out of 48 for growth - that puts us in the above-average half of the North Vancouver leaderboard. And at $592,185, Keith Lynn condos are priced noticeably below nearby options like Cedar Village ($792,519), Lower West Lynn ($752,500), and Grand Boulevard ($682,244). If you are a condo owner here, that relative affordability is a selling point.

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

Your BC Assessment is a snapshot from July 1st of last year. It is already stale by the time it lands in your mailbox. The average assessed value in Keith Lynn is $1,965,872. The average HonestDoor Price is $2,046,500. That is a 4.10% difference - and it is the difference between what the government recorded and what the real world is actually doing with your property value.

Think of the HonestDoor Price as the real-world check. It updates continuously using current sales data, not a once-a-year government snapshot. With 733 properties assessed in Keith Lynn this year and only 2 recorded transactions in 2026 so far, the city has very little fresh data to work with. HonestDoor fills that gap.

For houses specifically, the HonestDoor predicted value of $2,068,694 is your most current benchmark - not the assessed number, and not last year's sale down the street.

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

Here is the honest take for anyone weighing a summer sale in Keith Lynn.

The market is not on fire right now. Growth is slow, values are easing slightly month over month, and transaction volume is thin - only 1 house sold recently. That means buyers have a bit more breathing room than they did a year ago, and pricing your home right matters more than ever.

But here is what works in your favour. Keith Lynn houses are still priced in the top 10 out of 46 neighbourhoods in North Vancouver. Compared to neighbours like Cedar Village and Lower West Lynn, we are commanding a significant premium - and Grand Boulevard, which is priced higher at $2,271,912, is actually showing slower growth too. The whole area is in a similar holding pattern.

If you are a house owner, your HonestDoor Price of roughly $2,046,500 on average is the number to anchor your conversation with an agent - not the assessed value. That $80,000-plus gap is real money on the table. If you are a condo owner, the relative affordability of Keith Lynn condos versus nearby neighbourhoods could be your pitch to buyers who have been priced out elsewhere.

Bottom line: do not let a slow market fool you into underpricing. Check your HonestDoor Price first, then have the conversation.

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.