Port Kells, Surrey - July 2026 Real Estate Report

Port Kells, Surrey: Your Home Is Worth a Lot More Than the City Thinks

If you own property in Port Kells and you have not looked at your numbers lately, now is the time. The city's assessment is sitting at an average of $2,235,058 for houses - but the real-world market tells a very different story.

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

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

Houses

Our houses are holding serious value. The average HonestDoor Price for a Port Kells house is $2,915,550 - that is 30.45% higher than what the city assessed us at. Think about that gap for a second. If you are making any financial decision based on your tax assessment alone, you are working with a number that undersells your home by roughly $680,000.

The predicted market value for houses is now sitting at $2,969,443, which is trending up from the 3-month moving average of $2,904,397. Values have moved 1.42% recently, and on the neighbourhood leaderboard, Port Kells houses rank 6 out of 41 comparable Surrey neighbourhoods for growth. That puts us firmly in the top tier of the city.

• Average HonestDoor Price (Houses): $2,915,550
• Predicted Market Value: $2,969,443
• 3-Month Moving Average: $2,904,397
• Recent Value Change: +1.42%
• Growth Rank in Surrey: 6 out of 41 (top performers)
• Average Assessed Value: $2,235,058
• Gap Between Assessment and HonestDoor Price: +30.45%
• Average Rental Estimate: $8,588 per month
• Rental Yield: 3.47%
• Airbnb Estimate: $426 per night
• Airbnb Rank in Surrey: 4 out of all Surrey neighbourhoods

Yes, the HonestDoor Price dipped 1.81% from the previous period. The market is taking a breather. But with a growth rank of 6 out of 41 and a predicted value still climbing past the moving average, this is a pause - not a slide.

Condos

Condos in Port Kells are a smaller slice of the market - 263 total properties assessed - but they are still outperforming nearby options. The average HonestDoor Price is $767,250, with a predicted market value of $798,275, up from a 3-month moving average of $782,258. Values have shifted 0.91% recently.

• Average HonestDoor Price (Condos): $767,250
• Predicted Market Value: $798,275
• 3-Month Moving Average: $782,258
• Recent Value Change: +0.91%
• Growth Rank in Surrey: 20 out of 42 (above average)
• Average Rental Estimate: $3,535 per month
• Rental Yield: 3.25%
• Airbnb Estimate: $176 per night
• Airbnb Rank in Surrey: 16

Condos did see a 3.89% dip in HonestDoor Price from the previous period. That is worth watching. But compared to nearby condos in East Clayton North ($493,200), Anniedale ($542,730), and Willoughby ($567,313), Port Kells condos are priced significantly higher - which tells you buyers are paying a premium to be here.

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

Here is the honest truth about BC property assessments. They are a snapshot from July 1 of the previous year. By the time that number lands in your mailbox, it is already stale. The market has moved on.

The HonestDoor Price is updated in real time using actual sales data, market trends, and comparable properties. For Port Kells house owners, that means the HonestDoor Price is running $680,000 higher than the city's figure. That is not a rounding error. That is the difference between pricing your home right and leaving serious money on the table.

If your neighbour lists based on their assessment and you list based on your HonestDoor Price, one of you is going to have a much better summer.

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

Port Kells is ranked 4th in all of Surrey for Airbnb income potential on the house side. We are ranked 3rd in Surrey for average assessed value. And our house growth rank sits at 6 out of 41 neighbourhoods. This is a strong market position heading into the summer selling season.

The slight dip in HonestDoor Price (-1.81% for houses, -3.89% for condos) is a signal worth paying attention to - but it does not change the bigger picture. Values are still well above assessment, the predicted market value is trending upward, and Port Kells is still outperforming most of Surrey.

If you are thinking about selling this summer, the window is open. Buyers looking at East Clayton North (average $3,294,625) may find Port Kells at $2,915,550 looks like a relative deal. That comparison works in your favour as a seller.

Bottom line - check your HonestDoor Price before you do anything else. It is the number that reflects what a real buyer would actually pay today, not what a government formula calculated last July.

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.