Lynnmour North, North Vancouver - August 2026 Real Estate Report

Lynnmour North Real Talk: Your Home Is Worth More Than the City Thinks

If you've been glancing at your latest property assessment and wondering if it tells the whole story - it doesn't. Here's what's actually happening on the ground in Lynnmour North right now.

The Vibe: What's Going On With Prices

Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood this year.

Houses

The house market in Lynnmour North is holding steady, but it's worth paying close attention to the details. The average HonestDoor Price for a house sits at $1,102,810 - just a hair above the city's assessed average of $1,095,192. That gap matters, and we'll get to why in a moment.

• Average HonestDoor Price: $1,101,499 (down 0.12% from last period)
• Recent sale price average: $620,000
• Price per square foot: $569
• Estimated monthly rent: $4,488 to $4,495
• Rental yield: 4.52%
• Airbnb potential: $223 per night
• Properties assessed this year: 647
• Sales in 2026 so far: 4 transactions

Here's the leaderboard stat that should make house owners feel good: Lynnmour North ranks 9 out of 52 comparable neighbourhoods in North Vancouver for growth rate. That puts us in the top tier of performers, even while values have dipped 1.27% recently. The 3-month moving average sits at $1,107,144, so the current predicted value of $1,102,810 is slightly below that trend line - the market is taking a breather, not falling apart.

On price, we rank 47 out of 47 - meaning houses here are the most affordable entry point in North Vancouver. For buyers, that's a door. For sellers, it means you're competing on value, not prestige.

Compare that to our neighbours: Riverside East houses average $2,071,037, Riverside West sits at $1,857,902, and Lower West Lynn comes in at $1,779,030. We're significantly more affordable than every nearby neighbourhood, which keeps demand from first-time buyers and investors real and consistent.

Condos

The condo picture in Lynnmour North is a bit more mixed. Values have nudged up 0.88% recently, which is a positive signal, but the growth rank of 40 out of 48 tells us condos here aren't leading the pack.

• Average HonestDoor Price: $626,159 (up 0.88% from last period)
• Recent sale price average: $880,000
• Price per square foot: $765
• Estimated monthly rent: $3,011 to $3,030
• Rental yield: 3.60%
• Airbnb potential: $150 per night
• Sales in 2026 so far: 1 transaction

The predicted market value of $620,707 is running below the 3-month moving average of $629,593, so condo values are softening slightly. A 3.60% rental yield is moderate - not a home run for investors, but not a reason to panic either. On price, condos here rank 8 out of 21 in North Vancouver, putting us above average in terms of what buyers are paying.

Nearby condo comps: Riverside West averages $1,300,114, Seymour Heights sits at $903,574, and Lower West Lynn comes in at $770,100. Our condos are priced well below all three, which is either a buying opportunity or a signal that the market sees them differently - depends on your unit and your timing.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, calculated using broad formulas that don't know your renovated kitchen or your south-facing deck. It's a bureaucratic average, not a real-world price.

The HonestDoor Price is updated in real time. It pulls from actual recent sales, current market movement, and live data - not last year's numbers. In Lynnmour North right now, the HonestDoor Price for houses is running 0.58% above the average assessed value. That might sound small, but on a $1.1 million home, that's roughly $6,300 sitting on the table that your assessment is ignoring.

If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - use the HonestDoor Price as your real-world check. The assessment is what the city uses to calculate your tax bill. The HonestDoor Price is closer to what a buyer will actually write a cheque for.

The 'So What?': Thinking About Selling This Summer?

If you own a house in Lynnmour North and you're weighing a summer sale, here's the honest read:

• You're in the top 20% of North Vancouver neighbourhoods for growth rate - that's a real selling point.
• Values are slightly off their 3-month peak, so the window to catch the top of this mini-cycle may be narrowing.
• You're the most affordable house option in the area, which means motivated buyers - especially those priced out of Riverside East or Lower West Lynn - are looking your way.
• With only 4 transactions recorded in 2026 so far, inventory is tight. Low supply plus steady demand is usually good news for sellers.

If you own a condo, the summer outlook is more cautious. Values are drifting below the recent moving average, and the growth rank of 40 out of 48 means other neighbourhoods are outpacing us right now. That doesn't mean don't sell - it means price it sharp and don't wait for the market to come to you.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not the city's number.

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.