Port Kells, Surrey - August 2026 Real Estate Report

Port Kells, Surrey: 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 real picture. The city says your house is worth around $2.2 million. The market says something very different.

The Vibe: What Is Actually Happening in Port Kells Right Now

Let us break it down by property type, because houses and condos are telling two different stories here.

Houses

The average HonestDoor Price for a house in Port Kells sits at $2,938,670 - that is 31.41% higher than the city's average assessed value of $2,236,276. That gap is not a rounding error. That is real money sitting on the table that a tax assessment will never show you.

The current predicted market value is $2,917,029, which is tracking slightly below the 3-month moving average of $2,938,870. Values have dipped 1.81% recently, so the market is taking a breather. On the neighbourhood leaderboard, houses in Port Kells rank 45 out of 45 for growth in Surrey right now. That is the honest truth - and it matters if you are timing a sale.

• Average HonestDoor Price: $2,938,670
• Average Assessed Value: $2,236,276
• HonestDoor Price is 31.41% above assessed value
• Predicted Market Value: $2,917,029
• 3-Month Moving Average: $2,938,870
• Recent Value Change: -1.81%
• Estimated Monthly Rent: $8,588
• Rental Yield: 3.49%
• Airbnb Potential: $429 per night
• Surrey Airbnb Rank: 4th
• Surrey Assessed Value Rank: 3rd
• Growth Rank: 45 out of 45 in Surrey

Here is the silver lining on that Airbnb number. Port Kells ranks 4th in all of Surrey for short-term rental income potential at $429 a night. If you own a house here and have extra space, that is a serious income lever most neighbours are not pulling.

Condos

Condos in Port Kells are a different story - and honestly, a more interesting one for investors. The average HonestDoor Price is $789,700, up 2.93% from the previous period. That is the one green arrow in this update, and it stands out.

The predicted market value is $767,250, sitting below the 3-month moving average of $785,525. Values have slipped 3.89% recently, and on the neighbourhood leaderboard, condos rank 42 out of 44 in Surrey for growth. So while the HonestDoor Price trend is positive, the short-term momentum is soft.

• Average HonestDoor Price: $789,700
• HonestDoor Price Change: +2.93%
• Predicted Market Value: $767,250
• 3-Month Moving Average: $785,525
• Recent Value Change: -3.89%
• Estimated Monthly Rent: $3,535
• Rental Yield: 3.31%
• Airbnb Potential: $180 per night
• Surrey Airbnb Rank: 13th
• Growth Rank: 42 out of 44 in Surrey

One thing worth noting for condo owners - Port Kells condos are priced significantly higher than nearby neighbourhoods. East Clayton North condos average $483,800, Anniedale sits at $565,258, and Willoughby is at $560,255. Port Kells condos are commanding a real premium over the neighbours.

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

Your city assessment is a snapshot taken months ago using a formula that does not know your renovated kitchen or your oversized lot. It is a tax tool, not a market tool.

The HonestDoor Price is updated in real time using actual sales data, current market signals, and what buyers are genuinely paying right now. For Port Kells house owners, that difference is $702,394 on average. That is the gap between what the city thinks your home is worth and what a buyer might actually write a cheque for.

Waiting for next year's assessment to understand your home's value is like checking last year's weather forecast to decide what to wear today. Check your HonestDoor Price instead - it is the real-world number.

The So What - Should You Sell in Port Kells This Summer?

Here is the straight talk. Port Kells sits near the top of Surrey for assessed values and Airbnb income potential. Those are real strengths. But the growth rankings are sitting at the bottom of the Surrey leaderboard right now, and values have been drifting down over the past few months.

If you are a house owner thinking about selling this summer, the window is not closed - but the momentum is not in your favour the longer you wait. Buyers are watching the same numbers you are. Pricing sharp and moving quickly matters more right now than it did a year ago.

For condo owners, the HonestDoor Price trend is actually moving up, which is a rare bright spot. But the short-term value dip of 3.89% means you want to watch the next 60 days closely before committing to a list price.

Bottom line - Port Kells is still a high-value pocket of Surrey. But this is not a market where you can sit back and let appreciation do the work for you right now. Know your real number, price it right, and move with intention.

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.