Lochdale, Burnaby - October 2026 Real Estate Report
Lochdale, Burnaby: Your Home Is Worth More Than the City Thinks - But the Market Is Sending Mixed Signals
The Vibe Right Now
If you've been watching the "For Sale" signs in Lochdale, here's what's actually happening. The neighborhood is holding its own as one of Burnaby's pricier pockets, but the market is taking a breather. With only 9 property transactions recorded in 2026 so far, this is not a high-volume street. That low turnover, across 2,138 assessed properties, tells you most owners are sitting tight.
Neighborhood growth is essentially flat at -0.03% year over year. Not a crash. Not a boom. A pause.
Houses: Still Expensive, Still Slow
For those of us with houses in Lochdale, the numbers are a mixed bag worth understanding.
- Average sale price: $1,770,833 - essentially unchanged from last month
- Properties sold recently: 3 - a thin slice of activity
- Price per square foot: $1,107
- Predicted market value (HonestDoor): $2,037,130
- 3-month moving average: $2,027,973 - values are nudging upward
- Recent value change: +0.95%
- Estimated monthly rent: $6,928 with a rental yield of 3.68%
- Airbnb income potential: approximately $344 per month
Here's the honest read on those house numbers. The predicted market value of $2,037,130 is trending above the 3-month average, which is a quiet positive signal. But on the neighborhood leaderboard, Lochdale houses rank 25 out of 36 Burnaby neighborhoods for growth. That puts us in below-average territory for momentum. The good news? We rank 6 out of 35 for price. Lochdale is expensive. It just isn't racing ahead right now.
Condos: A Different Story Altogether
The condo picture in Lochdale is where things get interesting - and a little complicated.
- Average HonestDoor Price: $2,276,230 - up 4.29% from the previous period
- Predicted market value: $2,182,594
- 3-month moving average: $2,185,688 - values are dipping slightly
- Recent value change: -3.32%
- Estimated monthly rent: $6,988 with a rental yield of 2.57%
- Airbnb income potential: approximately $347 per month
- Airbnb rank in Burnaby: 4th
That -3.32% recent change is the number to watch. The HonestDoor Price jumped 4.29% from the previous period, but the short-term trend is pulling back. On the growth leaderboard, Lochdale condos rank 30 out of 37 Burnaby neighborhoods. That's bottom-tier momentum. If you own a condo here, you're sitting on a high-value asset that isn't gaining ground fast right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your BC Assessment notice. It reflects a snapshot from July 1 of the prior year. By the time it lands in your mailbox, it's already stale. The market has moved. Rates have shifted. Buyers have changed what they'll pay.
The average assessed value in Lochdale sits at $2,117,962. The average HonestDoor Price for houses is $2,009,041 - that's 5.14% lower than what the city has on file. That gap is real money. If you're making decisions about selling, refinancing, or even just understanding your net worth, using a number that's 5% off can cost you. The HonestDoor Price updates in real time using actual transaction data. It's the real-world check against a government number that gets refreshed once a year.
For condos, the HonestDoor Price of $2,276,230 tells a different story than the house segment. Knowing which direction your specific property type is moving - not just the neighborhood average - is exactly why checking your HonestDoor Price regularly beats waiting for next January's assessment.
So What Does This Mean If You're Thinking About Selling This Summer?
Straight talk: Lochdale is a high-price neighborhood with low transaction volume and flat growth. That combination means a few things for anyone considering listing this summer.
- You're in a premium price bracket - house buyers at this level take their time and do their homework
- With only 3 house sales recently, your competition is thin - but so is your buyer pool
- The predicted market value of $2,037,130 for houses is trending up slightly, which gives sellers a small window of positive momentum
- For condo owners, that -3.32% recent dip is a reason to price carefully, not aggressively
- Nearby, Parkcrest-Aubrey is priced close to Lochdale at $2,001,571 - buyers will compare the two directly
If you're a house owner thinking about selling, the slight upward tick in predicted values and a thin supply of competing listings could work in your favor. Move before that changes. If you own a condo, price it sharp. The growth rank of 30 out of 37 tells you buyers have options in stronger-momentum neighborhoods, and they know it.
Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your real number - not the city's year-old guess.
lochdale | burnaby | 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.