If you have been glancing at your latest BC Assessment notice 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.
Mary Hill is taking a breather. Values are dipping, sales are steady but slow, and the market is clearly recalibrating after a few big years. Here is how it breaks down for us, depending on what we own.
If you own a house in Mary Hill, you are sitting on one of the most expensive properties in Port Coquitlam - price rank 1 out of 6 neighbourhoods. That is the good news. The less comfortable news is that values are moving in the wrong direction right now.
That growth rank is the number to watch. On the neighbourhood leaderboard, Mary Hill houses are sitting near the bottom for momentum. Nearby River Heights is growing faster, and even Fraser Heights - which is also cooling - is priced similarly at $1,544,760. We are the most expensive, but not the fastest moving. That combination matters if you are timing a sale.
Condo owners in Mary Hill actually have something to feel good about this period. The HonestDoor Price jumped 2.18% - the only green number in this whole report. But the short-term trend is still softening.
That Airbnb rank of 1 is genuinely interesting. At $173 per night, Mary Hill condos top the Port Coquitlam chart for short-term rental potential. If you are an investor running the numbers, that is worth a second look. But the growth rank of last place means do not expect a quick flip to pay off right now.
Here is the thing about BC Assessment. It is a snapshot taken months ago, based on data that is even older. It does not know what happened to the market last quarter. It does not care that values have dropped 2.77% recently. It just sends you a number and moves on.
The average assessed value for a Mary Hill house is $1,337,364. The HonestDoor Price right now is $1,290,876. That is a gap of roughly $46,000 - and it is not in your favour. The city thinks your home is worth more than the market currently does. If you price your home based on that assessment, you will sit on the market longer than you want to.
The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. Think of it as the number a sharp buyer's agent already knows - and the number you should know before you list.
Straight talk: this is not a panic moment, but it is not a "wait and see" moment either. Here is what the data is telling us.
If you are selling a house this summer, price it at or just below the HonestDoor Price of $1,290,876 - not the assessed value of $1,337,364. Buyers are doing their homework. Overpricing right now means sitting on the market while values keep drifting down, which is the worst of both worlds.
If you own a condo and are thinking about renting instead of selling, the 4.28% rental yield on houses and 3.35% on condos are both in moderate territory - not spectacular, but not bad. With rents at $3,417 to $5,016 per month, holding makes sense if you are not in a rush.
Bottom line: Mary Hill is still one of the most valuable addresses in Port Coquitlam. But right now, the market is the boss - not the assessment notice on your kitchen counter. Check your HonestDoor Price before you make any moves.
mary hill | port coquitlam | september 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.