Money-Buckingham, Burnaby - October 2026 Real Estate Report
Money-Buckingham, Burnaby: One of the Priciest Spots in the City - But Is It Still Worth It?
If you own a home in Money-Buckingham, you already know this neighbourhood does not mess around when it comes to property values. We are sitting near the very top of Burnaby's price rankings. But the honest story right now is a bit more nuanced than just "prices are high." Here is what is actually going on.
The Vibe: Houses vs. Condos
Let us break it down by property type, because the two stories here are pretty different.
Houses
If you have been watching the "For Sale" signs in Money-Buckingham, here is what is actually happening with houses. The average sale price sits at $2,600,000, with a price per square foot around $1,666. Those are serious numbers. We rank 2nd out of 35 neighbourhoods in Burnaby for price - basically, we are at the top of the heap.
The catch? Growth is a different story. Our house growth rate ranks 29th out of 36 comparable neighbourhoods in Burnaby. That puts us near the bottom of the leaderboard for momentum right now. The market is taking a breather. The predicted market value of $2,369,720 is dipping slightly below the 3-month moving average of $2,371,185, and neighbourhood growth is down 0.04% year over year. Only 1 house sold recently, and total transaction volume ranks 7th in Burnaby.
- Average sale price: $2,600,000
- Price per square foot: $1,666
- Predicted market value: $2,369,720
- Estimated monthly rent: $7,734
- Rental yield: 3.66%
- Neighbourhood growth rank: 29 out of 36 in Burnaby
- Price rank: 2 out of 35 in Burnaby
- Properties assessed this year: 1,175
For context, nearby Oakalle has houses averaging around $1,461,704 - nearly a million dollars less. Richmond Park sits at $1,657,865. We are in a different price category entirely. But those neighbours are not growing slower by a huge margin either, which is worth keeping in mind if you are weighing your options.
Condos
Here is where Money-Buckingham flips the script. Our condos are quietly one of the stronger performers in Burnaby right now. The average HonestDoor Price for a condo is $672,007, and the predicted value of $672,036 is actually climbing above the 3-month moving average of $670,619. Condo growth ranks 5th out of 37 neighbourhoods in Burnaby - that puts us near the top of the leaderboard for this property type.
- Average HonestDoor Price (condo): $672,007
- Predicted market value: $672,036
- Estimated monthly rent: $3,115
- Rental yield: 3.50%
- Airbnb estimate: $155 per night
- Airbnb rank in Burnaby: 38
- Condo growth rank: 5 out of 37 in Burnaby
Compared to nearby Oakalle condos at $631,972, we are coming in higher and trending upward. That is a real positive signal for condo owners here.
The Secret Sauce: Why Your HonestDoor Price Matters More Right Now Than Your Tax Assessment
Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of last year. The market has moved since then - and in Money-Buckingham, it has moved down slightly. The average assessed value for houses here is $2,367,959. The average HonestDoor Price is $2,341,454 - that is 1.12% lower than the assessed value, and it has decreased 1.19% from the previous period.
That gap matters. If you are using your assessment to price a listing, or to benchmark what your home is worth for any financial decision, you could be working with a number that is already out of date. The HonestDoor Price pulls in real-world data continuously. It is the real-time check against a static government number. For a property worth over two million dollars, a 1% difference is roughly $23,000. That is not a rounding error.
On the condo side, the HonestDoor Price held flat at $672,007 - no change from the previous period - while the predicted value is actually nudging upward. That kind of stability is useful information when you are deciding whether to hold or list.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Money-Buckingham and you are thinking about listing this summer, the data is telling you to move with clear eyes. Prices are still among the highest in Burnaby - that is a real advantage. But growth momentum is soft, sitting near the bottom of the neighbourhood leaderboard. Buyers at the $2.3 to $2.6 million price point have options, and they know it.
The window is not closed. But pricing sharp matters more than it did a year ago. Use your HonestDoor Price as your starting point - not your assessment - because the market has already moved past that July 1st number.
If you own a condo here, the picture is more encouraging. Values are ticking up, rental yield is a solid 3.50%, and we rank near the top of Burnaby for condo growth momentum. If you have been on the fence, this summer is a reasonable time to have a real conversation about what your unit is worth.
Either way, the first step is knowing your actual number. Check your HonestDoor Price before you do anything else.
money-buckingham | burnaby | 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.