Millar Addition, Prince George - September 2026 Real Estate Report

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

The Vibe Right Now

If you own property in Millar Addition and you have not checked your HonestDoor Price lately, now is the time. The city's assessment numbers are already behind the curve - and for most of us here, that gap is real money sitting on the table.

Houses: Holding Steady, But Watch the Trend

The average house in Millar Addition carries a city assessment of $393,863. But the average HonestDoor Price tells a different story - $401,289. That is nearly $7,500 more than what the city has on file. The predicted market value for houses right now sits at $408,784, though that number is easing down from a 3-month moving average of $412,349. In plain terms, house values are taking a small breather.

• Average assessed value (houses): $393,863
• Average HonestDoor Price: $401,289 - up 1.89% on the assessment
• Predicted market value: $408,784
• 3-month moving average: $412,349 (values are dipping slightly)
• Recent price change: -0.02%
• Estimated monthly rent: $2,075 with a rental yield of 5.79%
• Airbnb potential: roughly $103 per month
• 628 properties assessed this year
• Neighbourhood growth rank: 23 out of 31 in Prince George - below average on the leaderboard

A 5.79% rental yield is genuinely strong. If you are thinking about holding your house as a rental rather than selling, that number is worth paying attention to.

Condos: The Quiet Outperformer

Here is something most people in Millar Addition are not talking about yet - condos are actually climbing. The average condo HonestDoor Price is $254,221, which is up 2.86% from the previous period and sits 8.89% above the city's average assessed value of $233,470. The predicted market value of $247,142 is also creeping up past the 3-month moving average of $245,436. That is a positive signal.

• Average assessed value (condos): $233,470
• Average HonestDoor Price: $254,221 - up 8.89% on the assessment
• Predicted market value: $247,142
• 3-month moving average: $245,436 (values are nudging upward)
• Recent price change: +0.05%
• Estimated monthly rent: $1,318 with a rental yield of 4.24%
• Airbnb potential: roughly $66 per month
• 254 properties assessed this year
• Neighbourhood growth rank: 11 out of 30 in Prince George - above average on the leaderboard

Condo owners here are sitting in a better spot on the Prince George leaderboard than most people realize. Ranked 11th out of 30 comparable neighbourhoods for growth, condos in Millar Addition are outpacing a lot of the city right now.

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

Your city assessment is a snapshot taken months ago using broad formulas. It does not know what your neighbour's place just sold for. It does not adjust for what buyers are actually paying right now. The HonestDoor Price does. It pulls from real-time market signals and updates continuously - which is why it is consistently higher than the city's number for properties in Millar Addition.

For houses, that gap is about $7,400. For condos, it is over $20,000. If you are making any financial decision - refinancing, selling, even just figuring out your net worth - using the city's number means you are working with stale data. The HonestDoor Price is the real-world check.

The So What - Thinking About Selling This Summer?

For house sellers, the honest answer is this: the window may be tightening. Values are slightly off their 3-month peak, growth ranks 23rd out of 31 in the city, and the trend is a slow drift downward. That does not mean panic - it means do not wait another six months hoping for a big jump that the data is not currently supporting.

For condo sellers, the picture is more encouraging. Values are ticking up, the growth rank is solid at 11th out of 30, and the HonestDoor Price is running well ahead of the city's assessment. If you have been on the fence, this summer is a reasonable time to move.

Either way, check your HonestDoor Price before you price your listing. The city's assessment is not your selling price - and in Millar Addition right now, the difference is significant 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.