Port Kells, Surrey - October 2026 Real Estate Report
Port Kells, Surrey: Your House Is Worth Way More Than the City Thinks
If you have been glancing at your property tax notice and wondering if the numbers add up, here is the real story. Port Kells is sitting on some serious value that the official assessment is not capturing - and the gap is bigger than most people realize.
The Vibe: Houses vs. Condos - Two Very Different Stories
Let us start with houses, because that is where the action is. The average HonestDoor Price for a house in Port Kells right now is $2,954,791. The city's average assessed value? $2,236,276. That is a $718,515 difference sitting on the table. Our houses rank 3rd in all of Surrey for average assessed value, and the short-term predicted market value is pushing even higher at $3,000,730 - up from a 3-month moving average of $2,952,143. On top of that, house growth in Port Kells ranks 1st out of 41 comparable neighbourhoods in Surrey. First. That is not a typo.
- Average HonestDoor Price (Houses): $2,954,791
- Predicted Market Value: $3,000,730
- 3-Month Moving Average: $2,952,143
- Average Assessed Value: $2,236,276
- Gap Between HD Price and Assessment: 32.13% higher
- House Growth Rank in Surrey: 1 out of 41
- Average Rental Estimate: $8,661 per month
- Rental Yield: 3.47%
- Airbnb Rank in Surrey: 4th
- Airbnb Estimate: $430 per night
Condos are a different conversation. The average HonestDoor Price for a condo here is $773,300 - and it is actually higher than condos in every nearby neighbourhood we track. East Clayton North condos average $466,600. Anniedale sits at $554,357. Willoughby is at $552,483. So Port Kells condos are the priciest in the immediate area. The catch? Short-term momentum has dipped, with a recent change of -2.29% and a growth rank of 42nd out of 44 Surrey neighbourhoods. The condo market here is taking a breather right now.
- Average HonestDoor Price (Condos): $773,300
- Predicted Market Value: $771,650
- 3-Month Moving Average: $776,200
- Recent Value Change: -2.29%
- Condo Growth Rank in Surrey: 42 out of 44
- Average Rental Estimate: $3,570 per month
- Rental Yield: 3.31%
- Airbnb Estimate: $178 per night
The Secret Sauce: Why Your HonestDoor Price Matters Right Now
Here is the thing about BC assessments - they are a snapshot from July 1st of the previous year. By the time that notice hits your mailbox, the data is already stale. The HonestDoor Price pulls from real-time sales activity and current market signals, which is why it is showing $2,954,791 for houses while the city is still working off $2,236,276.
That 32.13% gap is not a rounding error. It is what happens when a static government number tries to keep pace with a neighbourhood that just ranked first in Surrey for house growth. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessment alone is like navigating with an old map. The HonestDoor Price is the updated version.
The 'So What?': Thinking About Selling This Summer?
For house owners, the timing conversation is real. Values are trending upward, the predicted price of $3,000,730 is ahead of the 3-month average, and you are in a neighbourhood that leads Surrey in growth. Buyers looking at Port Kells are also eyeing East Clayton North, where the HonestDoor Price averages $3,412,163 - so there is a ceiling nearby, but there is still room between where Port Kells sits today and where that ceiling is.
For condo owners, patience is the word. The short-term numbers are soft and the growth rank is near the bottom of the Surrey leaderboard right now. That does not mean the asset is broken - Port Kells condos are still priced above every comparable neighbourhood nearby. But if you are hoping to maximize your sale price, waiting for the momentum to shift back is a reasonable play.
Bottom line: if you own a house in Port Kells, check your HonestDoor Price before you do anything else. The gap between what the city says your home is worth and what the market actually says is nearly three quarters of a million dollars. That is the number that matters.
port kells | surrey | 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.