Maplewood, North Vancouver - August 2026 Real Estate Report

Maplewood, North Vancouver: Your Assessment Is Lying To You

If you own a home in Maplewood and you've been feeling good about that government assessment notice, it's time for a reality check. The numbers on the ground tell a different story - and knowing the difference could save you from a costly mistake this summer.

The Vibe: What's Actually Happening in Maplewood Right Now

Let's split this into the two worlds most of us live in: houses and condos. They're moving in opposite directions, and that matters a lot depending on what you own.

Houses: Taking a Breather

The house market in Maplewood is under some pressure right now. Here's the honest snapshot:

• Average HonestDoor Price: $1,694,511 - up 2.53% from last period
• Average assessed value: $1,866,521
• HonestDoor Price sits 9.22% below that assessment
• Predicted market value: $1,654,816
• 3-month moving average: $1,711,458 - and we're trending below it
• Recent price change: -4.79%
• Average sale price: $1,115,000
• Price per square foot: $683
• Estimated rent: $5,879 per month
• Rental yield: 4.04%
• Airbnb potential: roughly $292 per month
• Properties sold in 2026: 1

On the neighbourhood leaderboard, Maplewood houses rank 47 out of 52 for growth in North Vancouver. That puts us near the bottom of the pack. Price rank is 44 out of 47, which means we're among the more affordable options in the city - but "affordable" in this context is relative when we're still talking about homes assessed near $1.9 million.

The predicted value of $1,654,816 is actually slightly higher than nearby Riverside West at $1,346,929, so we're not the cheapest option in the area. But the downward trend from the 3-month average is something sellers need to watch closely.

Condos: A Brighter Spot

If you own a condo in Maplewood, the picture is a bit more encouraging. Values are ticking up, not down.

• Average HonestDoor Price: $772,277 - down 1.60% from last period
• Predicted market value: $784,797
• 3-month moving average: $767,198 - and we're trending above it
• Recent price change: +1.44%
• Estimated rent: $3,591 per month
• Rental yield: 3.28%
• Airbnb potential: roughly $178 per month
• Average nightly Airbnb estimate: $176

On the condo leaderboard, Maplewood ranks 26 out of 48 for growth - below average, but nowhere near the bottom. The predicted value of $784,797 edges out nearby Winridge at $768,515, which means condo owners here are holding their own against the competition.

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

Here's the thing about government assessments - they're a snapshot from the past. The City calculates them based on data that can be months or even a year old by the time that notice hits your mailbox. In a market that's shifting, that lag is expensive.

For Maplewood house owners, the gap is significant. The average assessed value is $1,866,521. The average HonestDoor Price is $1,694,511. That's a $172,010 difference. If you're pricing a home based on your assessment, you could be walking into negotiations with the wrong number in your head.

The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It's the number that reflects what a buyer would actually put on paper today - not what a government formula said your home was worth last July. With 175 properties assessed in Maplewood this year, there's enough data to make that number meaningful.

Think of your assessment as a starting point. Think of your HonestDoor Price as the real-world check.

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

If you're a house owner in Maplewood and you're eyeing a summer sale, here's the straight talk. The market is cooling. Predicted values are sitting below the 3-month average. Growth ranks near the bottom of North Vancouver neighbourhoods. That doesn't mean you can't sell well - it means you need to price smart, not optimistic.

Listing at or near your assessed value of $1,866,521 when buyers are looking at real-time data showing $1,654,816 to $1,694,511 is a fast way to sit on the market. Buyers have access to the same tools you do. Price to where the market actually is, not where it was.

For condo owners, the story is a bit more encouraging. Values are climbing above the 3-month average, and at $784,797 predicted value, you're in slightly better shape than some neighbours. A summer listing could work in your favour if you move before the trend shifts.

Either way, the first step is the same - pull your HonestDoor Price, compare it to your assessment, and know the gap before you call an agent. That number is free, it's current, and it's the most honest starting point you've got.

• Maplewood house growth rank: 47 out of 52 in North Vancouver
• Maplewood condo growth rank: 26 out of 48 in North Vancouver
• Nearby comparison - Riverside West houses: HonestDoor Price $1,857,902, rental $6,470
• Nearby comparison - Lynnmour South houses: HonestDoor Price $1,475,267, rental $5,075
• Nearby comparison - Winridge condos: HonestDoor Price $759,912, rental $3,482

Bottom line - Maplewood is a real neighbourhood with real equity. But right now, the market rewards sellers who know their actual numbers. Check your HonestDoor Price before you do anything else.

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.