Lyndhurst, Burnaby - July 2026 Real Estate Report

Lyndhurst, Burnaby: What Your Home Is Actually Worth Right Now

If you live in Lyndhurst and you haven't checked your HonestDoor Price lately, you're probably making decisions based on numbers that don't reflect reality. Here's the straight story on what's happening in our corner of Burnaby.

The Vibe: Houses vs. Condos in Lyndhurst

We've got two pretty different stories playing out here depending on what you own.

Houses are holding their ground. The average HonestDoor Price for a house in Lyndhurst sits at $1,196,805 - only down 0.40% from the previous period. That's not a slide, that's a market taking a breather. The predicted market value is $1,201,599, which is actually climbing above the 3-month moving average of $1,180,107. That's a good sign. On the neighbourhood leaderboard, our house growth ranks 6 out of 36 neighbourhoods in Burnaby - that puts us in the top tier. Price rank is 9 out of 34, meaning we're above average in value compared to the rest of the city. One house sold in 2026 at an average sale price of $1,700,000, with price per square foot around $842.

Condos are a different conversation. The HonestDoor Price for condos is $909,657, but it's down 3.34% from the previous period - that's the number to watch. The predicted market value is $941,082, up from a 3-month moving average of $922,651, so there's some recovery momentum. But on the leaderboard, condo growth ranks 20 out of 37 neighbourhoods - below average for Burnaby. Price rank is 25 out of 26, which makes Lyndhurst condos among the most affordable in the city. One condo sold in 2026 at an average sale price of $300,000, with price per square foot around $418.

• House HonestDoor Price: $1,196,805 (down 0.40%)
• House predicted market value: $1,201,599
• House rental estimate: $4,691/month - rental yield: 4.52%
• House growth rank: 6 out of 36 in Burnaby
• Condo HonestDoor Price: $909,657 (down 3.34%)
• Condo predicted market value: $941,082
• Condo rental estimate: $3,484/month - rental yield: 3.56%
• Condo growth rank: 20 out of 37 in Burnaby

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

Here's the thing most Lyndhurst homeowners don't realize. The city's assessed value for houses here averages $1,188,985. The HonestDoor Price is $1,196,805. That's a gap of about $7,820 - and it's already 0.66% higher than the average assessed value across Burnaby.

For condos, the gap is massive. The average assessed value is $550,612. The HonestDoor Price is $909,657. That's 65.21% higher than the assessed value. If a condo owner in Lyndhurst is using their tax assessment to make any financial decision - refinancing, selling, even just understanding their net worth - they're working with a number that is nowhere close to what the market actually says their home is worth.

Government assessments are a snapshot from months ago. The HonestDoor Price updates in real time using actual market data. It's the difference between a map from last year and GPS running right now.

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

If you own a house in Lyndhurst and you're thinking about listing this summer, the data is reasonably encouraging. We're ranked 6th in growth out of 36 Burnaby neighbourhoods. Values are ticking up from the 3-month average. Compared to nearby Cameron (HonestDoor Price $979,949) and Lake City ($1,147,902), Lyndhurst houses are priced higher and growing faster. Even Cariboo-Burquitlam at $1,788,367 is growing slower than us right now.

If you own a condo, be realistic. The 3.34% dip in HonestDoor Price is a signal that buyers have options. The good news is that at $909,657, Lyndhurst condos are priced well above cheaper nearby options like Cameron at $517,946 - so there's genuine value here. But pricing it right from day one matters more than it did a year ago.

Either way, the smartest move before you call an agent is to check your HonestDoor Price. Not your assessment. Not what your neighbour thinks their place is worth. The actual, current number - so you walk into any conversation knowing exactly where you stand.

• Lyndhurst house growth rank: 6 out of 36 - top performer in Burnaby
• Condo HonestDoor Price is 65.21% above city assessment - a major gap to know about
• House rental potential: $4,691/month - Airbnb potential: $233/night
• Condo rental potential: $3,484/month - Airbnb potential: $173/night
• 1,236 houses and 421 condos assessed in Lyndhurst this year

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.