Maplewood, North Vancouver - October 2026 Real Estate Report
Maplewood, North Vancouver: Your House Is Worth Less Than The City Thinks - And That Actually Matters
If you have been watching the "For Sale" signs in Maplewood and wondering what is really going on, here is the straight answer. The city's assessment says one thing. The market is doing another. And the gap between those two numbers is where smart homeowners are paying attention right now.
The Vibe: What Is Actually Happening in Maplewood
Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.
Houses: Steady, But Watch the Price Gap
If you own a house in Maplewood, here is what we are working with. The average assessed value sits at $1,866,521. But the HonestDoor Price - the real-world number - comes in at $1,747,167. That is a $119,354 gap, with the HonestDoor Price running 6.39% below what the city has on the books.
- Average HonestDoor Price: $1,747,167 (up 3.17% from the previous period)
- Average assessed value: $1,866,521
- Average sale price: $1,115,000
- Price per square foot: $683
- Predicted market value: $1,695,450 (up from the 3-month average of $1,682,326)
- Estimated monthly rent: $5,986 with a rental yield of 4.00%
- Neighbourhood growth: -0.07% recently
- Properties sold in 2026: 1
The predicted value is trending upward against the 3-month moving average, which is a quiet positive signal. Growth is essentially flat right now - the neighbourhood is taking a breather. On the North Vancouver leaderboard, Maplewood houses rank 21 out of 53 for growth, putting us in above-average territory. For price, we rank 46 out of 47, which means we are one of the most affordable house markets in all of North Vancouver. That is not a bad thing if you are a buyer. If you are a seller, it is context you need to know.
Condos: A Top-5 Growth Story Nobody Is Talking About
This is where Maplewood gets interesting. Our condo market is quietly one of the strongest performers in the city right now.
- Average HonestDoor Price: $758,060 (down 5.92% from the previous period)
- Predicted market value: $805,729 (up from the 3-month average of $787,601)
- Estimated monthly rent: $3,665 with a rental yield of 3.23%
- Airbnb estimate: $174 per night
- Growth rank: 5 out of 48 neighbourhoods in North Vancouver
Yes, the HonestDoor Price dipped 5.92% from last period. But the predicted value is climbing above the 3-month average, and a top-5 growth rank out of 48 North Vancouver neighbourhoods is a real signal. For context, nearby Winridge condos are sitting at $765,705 in predicted value - we are ahead of them. The short-term dip and the upward trend are both true at the same time. That is the nuance worth understanding before making any moves.
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 taken months ago, using a formula that does not care what happened on your street last Tuesday. It is a tax document, not a market reality check.
For Maplewood house owners, the city says $1,866,521. The HonestDoor Price says $1,747,167. That is a $119,000 difference. If you are pricing a listing based on your assessment, you may be starting the conversation in the wrong place entirely.
The HonestDoor Price updates in real time, pulling from actual transaction data and current market signals. It is the number that reflects what a buyer sitting across the table from you today is actually thinking. With only 1 transaction recorded in Maplewood in 2026 so far, every data point matters more - and a live, updated estimate beats a static government number every single time in a thin market like this.
The "So What?" - Thinking About Selling This Summer?
If selling is on your radar for summer 2026, here is the honest picture for Maplewood.
For house sellers, the market is not running hot. Volume is low - one transaction so far this year. Neighbourhood growth is essentially flat at -0.02% year over year. But the predicted value is ticking upward, and at $683 per square foot with a 4.00% rental yield, there is a real story to tell buyers who are weighing a purchase against renting. Compared to neighbours like Riverside West (HonestDoor Price $1,913,945) and Lynnmour South ($1,475,901), Maplewood sits in the middle - not the cheapest, not the priciest, which is actually a comfortable place to sell from.
For condo sellers, the growth rank of 5 out of 48 is your headline. Lead with that. The predicted value of $805,729 is climbing, and being one of North Vancouver's top-performing condo neighbourhoods for growth is a legitimate selling point - especially when Riverside West condos are priced significantly higher and Lynnmour South is only slightly ahead.
Bottom line - do not walk into a summer listing conversation armed only with your tax assessment. Pull your HonestDoor Price first. Know the real number. Then decide.
maplewood | 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.