Millar Addition, Prince George - July 2026 Real Estate Report

Millar Addition Real Talk: Your Home Is Worth More Than the City Thinks

If you own a place in Millar Addition and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment is one number. What buyers are actually paying is another. Right now, those two numbers are not the same - and the gap matters.

The Vibe: What Is Actually Happening on Our Streets

Let's break it down by property type, because houses and condos are telling two different stories in Millar Addition right now.

Houses: Holding Steady With a Slight Breather

Our houses are sitting at an average HonestDoor Price of $407,856. That is 3.55% above the average city assessment of $393,863 - meaning the city is still undervaluing what our homes are actually worth on the open market. The predicted market value for houses comes in even higher at $419,412, which is nudging upward from the 3-month moving average of $418,834. That is a good sign for stability.

The recent price change of -0.12% is barely a blip. This market is taking a breather, not falling apart. On the neighbourhood leaderboard, Millar Addition houses rank 15 out of 31 neighbourhoods in Prince George for growth - right in the above-average tier. We are not leading the pack, but we are not getting lapped either.

• Average Assessed Value: $393,863
• Average HonestDoor Price: $407,856
• Predicted Market Value: $419,412
• HonestDoor Price Change: -2.52% from previous period
• Estimated Monthly Rent: $2,074 - $2,121
• Rental Yield: 5.77% - strong returns for landlords
• Airbnb Estimate: $103 to $105 per night
• Growth Rank: 15 out of 31 neighbourhoods
• Properties Assessed: 628

Condos: The Numbers Need a Closer Look

Condos in Millar Addition are a more cautious story right now. The average HonestDoor Price is $247,028 - up 2.02% from the previous period, which sounds good. But the predicted market value has slipped to $242,137, down from a 3-month moving average of $247,343. That recent -6.46% price change is the number to watch. It is not a cliff, but it is a slide worth paying attention to.

On the leaderboard, our condos rank 19 out of 30 neighbourhoods in Prince George for growth - below average territory. The assessed value rank of 2 in the city tells us the city actually has a decent read on condo values here, but the HonestDoor Price is still 5.81% higher than that assessment. Rental yield sits at 4.23%, which is moderate but not a home run.

• Average Assessed Value: $233,470
• Average HonestDoor Price: $247,028
• Predicted Market Value: $242,137
• HonestDoor Price Change: +2.02% from previous period
• Estimated Monthly Rent: $1,289 - $1,314
• Rental Yield: 4.23% - moderate returns
• Airbnb Estimate: $65 per night
• Growth Rank: 19 out of 30 neighbourhoods
• Properties Assessed: 254

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

Here is the thing about your city tax assessment - it is a snapshot from the past. It is calculated using data that is already months old by the time it lands in your mailbox. It does not know what sold on your block last Tuesday. It does not factor in your renovated kitchen or the new roof you put on two summers ago.

The HonestDoor Price is a real-world check. It pulls in current market activity and updates in real time. For Millar Addition house owners, that means your home is likely worth $407,856 to $419,412 right now - not the $393,863 the city has on file. That is a gap of roughly $14,000 to $25,000. That is not nothing. For condo owners, the HonestDoor Price of $247,028 still clears the city assessment by 5.81%, even with the recent softening. Knowing the real number puts you in the driver's seat, whether you are selling, refinancing, or just keeping score.

The So What: Thinking About Selling This Summer?

For house sellers, the timing is not bad. Values are holding near their predicted high of $419,412, the rental demand is strong at over $2,000 a month, and we sit in the above-average tier on the Prince George growth leaderboard. Buyers looking at Millar Addition are also looking at Downtown, where HonestDoor Prices hit $713,959. We are the more affordable option with solid fundamentals - that is a real selling point.

For condo sellers, move with more urgency. The 3-month trend is pointing down, and a -6.46% recent price change means waiting could cost you. If you are thinking about listing, this summer is a better window than fall. Lock in closer to that $247,028 HonestDoor Price before the predicted value of $242,137 becomes the ceiling instead of the floor.

Bottom line - check your HonestDoor Price before you do anything else. It is free, it is current, and it is the number that reflects what a real buyer would actually pay for your home today.

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.