Maplewood, North Vancouver - July 2026 Real Estate Report

Maplewood Real Talk: Your House and Your Assessment Are Not Telling the Same Story

If you own a home in Maplewood, North Vancouver, here is something worth knowing before you assume your property tax bill reflects what your place is actually worth on the open market right now. The gap between what the city thinks your home is worth and what a buyer would actually pay is significant - and it is moving in a direction you need to pay attention to.

The Vibe: What Is Happening With Houses vs. Condos in Maplewood

We are seeing two very different stories play out on the same streets right now, depending on what type of property you own.

Houses - Taking a Breather

If you have been watching the "For Sale" signs in Maplewood, here is what is actually happening with houses. The average HonestDoor Price sits at $1,652,687 - and it has slipped 4.81% from the previous period. The predicted market value for houses is $1,738,105, which is already trending below its 3-month moving average of $1,743,081. That is a slow but consistent downward drift. On the neighbourhood leaderboard, house growth ranks 45 out of 54 comparable areas in North Vancouver. That puts us near the bottom of the pack right now. Sales activity is thin - only 1 transaction recorded in 2026 so far, and the average sale price came in at $1,115,000 with a price per square foot around $683. The rental picture is more encouraging - estimated rent of $6,095 per month and a rental yield of 3.97% means holding a house here still makes financial sense if you are not in a rush to sell.

Condos - A Bright Spot

The condo side of Maplewood is a different conversation entirely, and honestly, it is one of the better stories in North Vancouver right now. The average HonestDoor Price for condos is $784,797, up 1.44% from the previous period. The predicted market value of $773,629 is climbing above its 3-month moving average of $752,736 - that is momentum, not noise. On the neighbourhood leaderboard, condo growth in Maplewood ranks 4 out of 48 comparable areas in North Vancouver. That puts us near the top. Estimated rent of $3,553 per month and a rental yield of 3.30% round out a solid picture for condo owners here.

• House HonestDoor Price: $1,652,687 (down 4.81%)
• House predicted market value: $1,738,105
• House rental estimate: $6,095/month - yield 3.97%
• House growth rank: 45 out of 54 in North Vancouver
• Condo HonestDoor Price: $784,797 (up 1.44%)
• Condo predicted market value: $773,629
• Condo rental estimate: $3,553/month - yield 3.30%
• Condo growth rank: 4 out of 48 in North Vancouver

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

Here is the thing about your city assessment. It is a snapshot from months ago, built on a formula that does not care what the market did last week. For houses in Maplewood, the average assessed value is $1,866,521. The average HonestDoor Price is $1,652,687. That is an 11.46% gap - roughly $213,000 of difference between what the government says your home is worth and what the real world is currently saying.

That gap matters for two reasons. First, if you are pricing a home to sell based on your assessment, you may be setting expectations that buyers will not meet. Second, if you are a buyer using the assessment as a benchmark, you could be anchoring to a number that no longer reflects the market. The HonestDoor Price updates in real time. Your assessment does not. Think of the HonestDoor Price as the real-world check - the number that accounts for what is actually happening on the ground in Maplewood today, not what was happening when the city last ran its numbers.

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

If you own a house in Maplewood and are thinking about listing this summer, the data is telling you to move with clear eyes. Values are drifting down - not crashing, but softening. The neighbourhood growth rank of 45 out of 54 means nearby areas are outperforming us right now. Riverside West next door has an HonestDoor Price of $1,882,007 and buyers shopping that price range have options. Lynnmour South is cheaper and still drawing attention. Waiting for the market to bounce back may cost you more than acting now at a realistic price.

If you own a condo, the calculus is different. You are sitting in one of the top-performing condo markets in North Vancouver right now. A growth rank of 4 out of 48 is not a number to ignore. If you have been on the fence, this summer may be the window before that momentum levels off.

Either way, the smartest first move is checking your HonestDoor Price before you call an agent, set a price, or make any decision based on last year's assessment. The number on your tax notice and the number a buyer will write on an offer are not the same thing right now - and in Maplewood, that gap is wide enough to matter.

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.