North Grandview Heights, Surrey - July 2026 Real Estate Report

North Grandview Heights, Surrey: You're Sitting on the Most Expensive Street in the City - Do You Know What It's Actually Worth?

The Vibe Right Now

If you've been watching the "For Sale" signs in North Grandview Heights, here's what's actually happening. This neighbourhood holds the number one spot for average assessed value in all of Surrey. That's not a small thing. But the market is taking a breather, and if you're a homeowner here, the details matter more than the headline.

We're talking houses here - that's the story in North Grandview Heights. Two properties sold in 2026 so far, which keeps us in line with recent trends but puts us at rank 16 in Surrey for total transactions. Low volume means every single sale moves the needle. The average sale price is sitting at $2,745,000, with price per square foot around $594. Those numbers have held steady, which is actually a sign of resilience when you look at what's happening across the broader market.

• Average sale price: $2,745,000
• Price per square foot: $594
• Properties sold in 2026: 2
• 672 properties assessed this year

The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment

Here's the number your tax assessment is not telling you. The city's average assessed value for a home in North Grandview Heights is $2,718,022. That sounds impressive. But the average HonestDoor Price is $3,153,921 - that's 16.04% higher than what the government has on file for you.

Think about what that gap means in real dollars. We're talking about a difference of roughly $435,000 between what the city thinks your home is worth and what the real-world market says it's worth. Government assessments are snapshots frozen in time. The HonestDoor Price pulls in current market signals to give you a live read on your property's value - not last year's number, not a guess, but a real-time check on where you actually stand.

The predicted market value for houses here is $3,143,308, which is just slightly off the 3-month moving average of $3,145,643. Values have shifted -0.91% recently. That's a small dip, not a freefall. But it's exactly the kind of movement you want to know about before you make any decisions.

• Average assessed value: $2,718,022
• Average HonestDoor Price: $3,153,921
• Gap above assessment: 16.04% (roughly $435,000)
• HonestDoor Price change from previous period: +0.34%
• Recent property value change: -0.91%

The Neighbourhood Leaderboard

North Grandview Heights ranks 1 out of 45 neighbourhoods in Surrey for price. You are at the top of the leaderboard. But on growth, we rank 39 out of 41 comparable neighbourhoods. That's the honest truth. Neighbourhood growth is down 0.06% year over year, and that puts us near the bottom of the pack for momentum right now.

Compare that to the neighbours nearby. Morgan Heights has an HonestDoor Price of $1,464,543. Rosemary Heights Central sits at $1,868,270. South Surrey comes in at $2,222,329. Every single one of those neighbourhoods is cheaper than North Grandview Heights - and every one of them is growing at the same slow pace. So we're not alone in the slowdown, but we are carrying the highest price tag in the room.

• Growth rank: 39 out of 41 in Surrey (bottom tier)
• Price rank: 1 out of 45 in Surrey (most expensive)
• Morgan Heights HonestDoor Price: $1,464,543
• Rosemary Heights Central HonestDoor Price: $1,868,270
• South Surrey HonestDoor Price: $2,222,329

The 'So What?' - Thinking About Selling This Summer?

If you're weighing a sale this summer, here's the straight talk. You own the most expensive real estate in Surrey by average price. That's your leverage. But low transaction volume - just 2 sales in 2026 so far - means your buyer pool is thin. When the right buyer shows up, they're serious. When they don't, you wait.

The rental picture adds another angle. Estimated rent is $9,449 per month with a rental yield of 3.42%. That's moderate - not a reason to hold forever, but not a reason to panic-sell either. Airbnb potential ranks number 2 in all of Surrey at $469 per night, so if you're exploring short-term options while you decide, this neighbourhood has real income upside.

The bottom line - your HonestDoor Price is your most important number right now. It's $435,000 above what the city assessed you at, and it's updated in real time. Before you list, before you refinance, before you do anything, check your HonestDoor Price. That's the number that reflects what a buyer would actually pay today - not what a government form says from last year.

• Estimated monthly rent: $9,449
• Rental yield: 3.42%
• Airbnb estimate: $469 per night
• Airbnb rank in Surrey: 2 out of all neighbourhoods

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.