If you own a home in Lundy and the last number you checked was your city tax assessment, you are probably sitting on a stale figure. Here is what is actually happening on the ground right now.
We are seeing a real split in Lundy right now, and it matters depending on what you own.
Houses are holding their ground and then some. The HonestDoor Price for a house here sits at $632,806, and the forward-looking predicted value is already climbing to $640,221 - up from a 3-month moving average of $624,447. That upward trend is the market telling us something. Yes, there was a small dip of 1.16% from the previous period, but the trajectory is pointing up. On the neighbourhood leaderboard, Lundy houses rank 15 out of 64 in Niagara Falls for growth. That puts us in the top quarter of the city. Not bad at all.
Condos are a different conversation. The HonestDoor Price is $428,643, which is up 2.08% from the previous period - a good sign. But the predicted value of $419,897 is slightly below that, and the recent 3-month change sits at -3.12%. The growth rank here is 42 out of 57 neighbourhoods for condos in Niagara Falls. That puts us below average in this category. Nearby Oakwood condos are predicted at $440,511 and Brookfield at $457,934, so the competition is a bit ahead right now.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that house prices in Lundy are trending toward $640,000. It does not know that the rental market here is generating yields above 5% for houses. It is essentially a photograph of a market that has already moved on.
The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government review cycle that can lag by months or even years. If you are a house owner in Lundy, your HonestDoor Price right now is likely telling a more optimistic story than whatever number is sitting on your last assessment notice. That gap between $632,806 and whatever the city last told you - that is real money on the table.
For condo owners, the HonestDoor Price is equally important, but for a different reason. It gives you an honest read on where you actually stand relative to Oakwood and Brookfield, so you are not pricing based on hope or an outdated figure.
For house owners in Lundy, the timing conversation is genuinely interesting right now. The predicted value is climbing above the current HonestDoor Price, the rental yield is strong at 5.36%, and we are sitting in the top quarter of Niagara Falls neighbourhoods for growth. If you have been on the fence, summer 2025 is worth a serious look. Buyers who want to be near Niagara Falls but do not want to pay Oakwood prices - which average nearly $940,000 for houses - are going to land in neighbourhoods like ours.
For condo owners, the picture calls for a bit more patience or a sharper price strategy. The growth rank of 42 out of 57 means we are not leading the pack in this category. That does not mean do not sell - it means price it right from day one. An overpriced condo in a below-average growth ranking sits. A well-priced one moves.
Either way, the first step is the same - check your HonestDoor Price today. Not last year's number. Today's number. That is your real starting point for any conversation about selling, renting, or just knowing where you stand in the Lundy market.
lundy | niagara falls | august 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.