Maplewood, North Vancouver - September 2026 Real Estate Report

Maplewood, North Vancouver: Your Home Is Probably Worth Less Than the City Thinks

If you have been glancing at your latest property assessment and feeling pretty good about yourself, here is a reality check worth reading. The city says the average Maplewood home is worth $1,866,521. The HonestDoor Price says $1,693,493. That is a $173,000 gap - and that gap matters a lot if you are thinking about selling, refinancing, or just trying to understand what your biggest asset is actually doing right now.

The Vibe: What Is Happening With Houses vs. Condos

Let us break it down by property type, because the two stories here are pretty different.

Houses - Quietly Holding Their Ground

Houses in Maplewood are in a steady spot. The average sale price is sitting at $1,115,000, essentially flat from last month. Price per square foot is around $683. Only one property sold in 2026 so far, which tells us this is a low-volume, high-value pocket of North Vancouver - not a lot of turnover, but the homes that do sell are meaningful transactions.

Here is the number we are most excited about for house owners: the predicted market value is $1,696,712, and it is trending upward from the 3-month moving average of $1,696,545. Small move, but it is moving in the right direction. Property values have shifted 2.53% recently, and on the neighbourhood growth leaderboard, Maplewood houses rank 4 out of 52 neighbourhoods in North Vancouver. That puts us in the top tier for growth - which is not something every neighbourhood on the North Shore can say right now.

• Average HonestDoor Price (Houses): $1,693,493
• Average Assessed Value: $1,866,521 - that is 9.27% higher than the HonestDoor Price
• Predicted Market Value: $1,696,712
• Price Per Square Foot: $683
• Estimated Monthly Rent: $5,988 - $5,991
• Rental Yield: 4.00%
• Growth Rank: 4 out of 52 neighbourhoods in North Vancouver
• Price Rank: 44 out of 46 - among the more affordable options in the city

That combination - top-tier growth rank but sitting near the affordable end of the price spectrum - is actually a compelling setup. We are outperforming most of the city on momentum while still being priced below a lot of comparable neighbourhoods.

Condos - A Mixed Signal Worth Watching

The condo picture is a bit more nuanced. The average HonestDoor Price for condos is $805,729, which is up 4.33% from the previous period - a solid jump. But the predicted market value of $772,277 is actually dipping slightly below the 3-month moving average of $776,901, and recent value change sits at -1.60%. So we have got a short-term dip happening inside a longer-term price increase. That is not a crisis - it is a market taking a breather.

On the growth leaderboard, Maplewood condos rank 26 out of 48 neighbourhoods. That is below average for North Vancouver right now. Not alarming, but worth keeping an eye on if you own a condo and are thinking about timing a sale.

• Average HonestDoor Price (Condos): $805,729 - up 4.33% from last period
• Predicted Market Value: $772,277
• 3-Month Moving Average: $776,901 - values are slightly below this trend
• Estimated Monthly Rent: $3,549 - $3,665
• Rental Yield: 3.30%
• Airbnb Estimate: $182 per night
• Growth Rank: 26 out of 48 neighbourhoods in North Vancouver

For context, nearby Lynnmour South condos are averaging $824,188 and Winridge is at $765,705. Maplewood sits right in the middle of that range, which makes sense given the neighbourhood profile.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. The BC Assessment process captures a value as of July 1 of the prior year, then mails it to you months later. By the time you read it, the market has already moved on.

The HonestDoor Price is updated in real time using actual transaction data, market trends, and comparable sales. For Maplewood house owners, that means the HonestDoor Price of $1,693,493 is 9.27% lower than the assessed value of $1,866,521. If you are pricing a listing based on your assessment, you could be starting the conversation in the wrong place entirely - and that costs time on market and negotiating leverage.

Think of the HonestDoor Price as the real-world check. It is what a serious buyer is going to benchmark against, not the number on your tax notice.

The So What - Should You Sell in Maplewood This Summer?

If you own a house in Maplewood and have been sitting on the fence, the data gives you a reasonable case for moving. Growth is ranked 4th out of 52 neighbourhoods in North Vancouver - that is a strong position to be selling from. Values are nudging upward. And with only one transaction recorded in 2026 so far, there is not a lot of competition on the street. Low supply and motivated buyers is generally a good combination for sellers.

The honest caveat: the HonestDoor Price is running about $173,000 below the assessed value. Price your home based on current market reality, not last year's assessment, and you will have a much smoother sale.

For condo owners, the picture calls for a bit more patience. The 4.33% HonestDoor Price increase is encouraging, but the short-term predicted value is dipping slightly. If you do not need to sell this summer, watching how the next quarter plays out is a reasonable call. If you do need to sell, just make sure your pricing reflects the current HonestDoor data - not the assessed value, and not wishful thinking.

Either way, the smartest first move is pulling your free HonestDoor Price at honestdoor.com and seeing exactly where you stand today - not where the city thought you stood last July.

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.