Panorama Village, West Vancouver - August 2026 Real Estate Report

Panorama Village Real Talk: Your Home Is Worth Way More Than the City Thinks

If you have been glancing at your latest property assessment and feeling a little underwhelmed, here is the number that actually matters. The average HonestDoor Price for a house in Panorama Village sits at $4,020,608. The city's average assessed value? $2,960,272. That is a gap of nearly $1.1 million - or 35.82% - that the government's paperwork is simply not capturing. This is not a rounding error. This is real money sitting on the table.

The Vibe: Houses vs. Condos

Let us break down what is actually happening on both sides of the market right now.

Houses - Holding Strong at the Top

Houses in Panorama Village are priced well above most of what West Vancouver has to offer. The average sale price is sitting at $4,700,000, and the HonestDoor predicted market value comes in at $4,066,506. That predicted value is nudging down slightly from the 3-month moving average of $4,123,711, so we are seeing a bit of a breather in the short term. The recent change in property values is -2.04%, which is worth watching but not worth panicking over.

On the neighbourhood leaderboard, our houses rank 7 out of 26 for price in West Vancouver - that puts us firmly in the upper tier. Growth rank is 18 out of 25, which is below average, so price appreciation has cooled off compared to some other pockets of the city. We are a premium address that is taking a breather, not falling apart.

• Average HonestDoor Price: $4,020,608 (down 1.13% from last period)
• Average Assessed Value: $2,960,272 (gap of 35.82%)
• Average Sale Price: $4,700,000
• Predicted Market Value: $4,066,506
• Price Per Square Foot: $598
• Estimated Monthly Rent: $10,949
• Rental Yield: 3.10%
• Airbnb Potential: $541 per night
• Price Rank in West Vancouver: 7 out of 26 (above average)
• Growth Rank in West Vancouver: 18 out of 25 (below average)
• Properties Assessed: 265

Condos - A Different Story Altogether

Condos in Panorama Village are genuinely surprising. The average HonestDoor Price is $4,666,067 - and it is actually up 2.36% from the previous period. That is the kind of move that gets attention. The predicted market value sits at $4,558,500, which is slightly below the 3-month moving average of $4,585,378, but the recent value change of +2.05% tells us momentum is still positive here.

On the leaderboard, condo growth ranks 6 out of 19 in West Vancouver - that is above average, and it puts Panorama Village condos in a genuinely competitive spot. The Airbnb rank for condos is 2 out of all West Vancouver neighbourhoods, which is a standout number for anyone thinking about short-term rental income.

• Average HonestDoor Price: $4,666,067 (up 2.36%)
• Predicted Market Value: $4,558,500
• Estimated Monthly Rent: $12,880 - $13,073
• Rental Yield: 1.14%
• Airbnb Potential: $650 per night
• Airbnb Rank in West Vancouver: 2 out of all neighbourhoods
• Growth Rank in West Vancouver: 6 out of 19 (above average)

The Secret Sauce: Why Your HonestDoor Price Matters More Right Now

Here is the thing about government assessments - they are a snapshot from the past. They are calculated on data that is already months old by the time it lands in your mailbox. The HonestDoor Price is a real-time check on what your property is actually worth in today's market, not last year's market.

For houses in Panorama Village, that difference is $1,060,336 on average. If you are making any financial decision - refinancing, selling, estate planning, or just figuring out your net worth - using the assessed value is like navigating with an old map. The HonestDoor Price is the updated GPS. Use it.

Compared to neighbours like Westhill (HonestDoor Price $3,150,131), Panorama Village houses are priced significantly higher. Whitby Estates ($6,397,575) is the only nearby neighbourhood that clears our price point by a wide margin. We sit in a strong middle ground - premium, but not stratospheric.

The So What - Thinking About Selling This Summer?

If you are a homeowner in Panorama Village and summer selling is on your mind, here is the honest read. The house market is taking a short-term breather - values are down about 2% recently and the growth rank of 18 out of 25 tells you this is not a runaway seller's market right now. But the average sale price of $4,700,000 is essentially unchanged, and only 1 property sold recently, which means supply is tight. Tight supply with a premium price point is not a bad place to be.

For condo owners, the picture is actually better. Values are up 2.05%, growth ranks above average for the city, and that Airbnb rank of 2 in all of West Vancouver gives you a compelling story to tell buyers who want income potential.

Bottom line - do not walk into a listing conversation armed only with your tax assessment. Pull your HonestDoor Price first. Knowing you are sitting on $4 million-plus in real-world value, not the $2.96 million the city has on file, changes the entire conversation with your agent, your bank, and any buyer who walks through your door.

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.