Lynnmour South, North Vancouver - October 2026 Real Estate Report
Lynnmour South Real Talk: Your Home Is Probably Worth Less Than the City Thinks
If you have been eyeing your latest property assessment and feeling pretty good about yourself, hold on. The real-world numbers tell a slightly different story - and knowing the gap could save you from a costly mistake this summer.
The Vibe: What Is Actually Happening in Lynnmour South Right Now
Let us break it down by property type, because houses and condos are moving in different directions here.
Houses
The city says the average house in our neighbourhood is worth $1,538,631. But the HonestDoor Price - which tracks real-time market signals instead of a once-a-year government snapshot - puts that number at $1,475,901. That is a gap of about $62,700. The HonestDoor Price is sitting 4.08% below the assessed value, which means the city is running a little hot compared to where buyers are actually writing cheques.
The predicted market value right now is $1,453,859, and it is drifting down from the 3-month moving average of $1,486,572. Values have shifted -1.45% recently. On the neighbourhood leaderboard, Lynnmour South houses rank 48 out of 53 in North Vancouver for growth. That puts us near the bottom of the pack - not a panic moment, but not a reason to pop champagne either.
- Average HonestDoor Price (Houses): $1,475,901
- Recent price change: -1.45%
- Predicted market value: $1,453,859
- 3-month moving average: $1,486,572
- Growth rank in North Vancouver: 48 out of 53
- Average rental estimate: $5,083 per month
- Rental yield: 4.42%
- Airbnb estimate: $253 per night
For context, neighbours in Moodyville are sitting on an average HonestDoor Price of $1,927,356 with rental estimates of $6,628. Maplewood is at $1,747,167. Both are growing faster than us right now. We are the more affordable entry point into this part of North Vancouver - which is actually a selling point if you frame it right to buyers.
Condos
The condo picture is a bit more nuanced. The city's average assessed value is $867,118, but the HonestDoor Price comes in at $833,413 - again, 3.89% below what the assessment says. The predicted market value is $827,676, which is slipping from the 3-month moving average of $836,085. Values are down -1.16% recently.
One condo sold in 2026 so far, with an average sale price of $613,000 - down 12.3% from last month. Price per square foot is around $1,030. On the leaderboard, condos rank 25 out of 48 in North Vancouver for growth - below average, but not at the bottom. Price rank is 16 out of 21, which puts us below average on price too.
- Average HonestDoor Price (Condos): $833,413
- Recent price change: -1.16%
- Predicted market value: $827,676
- 3-month moving average: $836,085
- Growth rank in North Vancouver: 25 out of 48
- Average sale price (2026): $613,000
- Price per square foot: $1,030
- Average rental estimate: $3,707 per month
- Rental yield: 3.22%
- Airbnb estimate: $184 per night
Nearby condos in Moodyville average $593,800 and Maplewood sits at $758,060 - both cheaper than us. So for condos, we are actually the pricier option in this corner of the market, which matters when buyers are comparison shopping.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the thing about your BC Assessment number - it is a snapshot from July 1st of the previous year. It does not know what happened to interest rates last month. It does not know a comparable house down the street sat on the market for 60 days. It is looking in the rearview mirror.
The HonestDoor Price updates continuously using current sales data, market trends, and real buyer behaviour. Right now, it is telling us that both houses and condos in Lynnmour South are worth less than the city thinks - by roughly $60,000 to $40,000 depending on your property type. If you price your home based on the assessment alone, you risk sitting on the market while buyers walk to a better-priced listing.
Check your HonestDoor Price today. It is the real-world check your assessment cannot give you.
The So What - Should You Sell in Lynnmour South This Summer?
Straight answer: the window is open, but it is not wide open.
Values are softening. The growth rank for houses is 48 out of 53 - that is near the bottom of the North Vancouver leaderboard. The market is taking a breather. If you are a house owner thinking about selling, the gap between the assessed value and the HonestDoor Price means you need to price sharp, not proud. Buyers are doing their homework and they have options.
For condo owners, the single sale this year at $613,000 is well below the HonestDoor Price of $833,413. That gap is worth paying attention to. Thin transaction volume means less data for pricing confidence - which cuts both ways.
The silver lining: a rental estimate of $5,083 per month for houses and $3,707 for condos means if selling does not feel right, holding and renting is a legitimate play. The yields are moderate but real.
Bottom line - if you are serious about selling this summer, get your HonestDoor Price, price it to where the market actually is, and move before fall inventory picks up. Waiting for the market to come back to your assessment number is not a strategy right now.
lynnmour south | north vancouver | 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.