Renfrew Collingwood, Burnaby - August 2026 Real Estate Report

Renfrew Collingwood, Burnaby and Vancouver: What's Actually Happening to Your Home's Value Right Now

If you live in Renfrew Collingwood and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is moving - and not always in the direction you'd expect.

The Vibe: Houses vs. Condos

Let's break it down for us locals, because houses and condos are telling two very different stories right now.

Houses - Holding Steady, But Watch the Trend

If you own a house in Renfrew Collingwood, the headline number looks decent. The average HonestDoor Price sits at $1,256,400 - up 2.68% from the previous period. That's real money moving in the right direction.

On the sales side, the average house sold for $1,644,167, coming in at roughly $1,179 per square foot. Only 3 houses sold this month, so we're not exactly in a frenzy. The predicted market value is sitting at $1,887,802, but that number is drifting slightly below the 3-month moving average of $1,896,610. Values have dipped 0.65% recently. Not a crash - just the market taking a breather.

• HonestDoor Price (Houses): $1,256,400
• HonestDoor Price Change: +2.68%
• Average Sale Price: $1,644,167
• Price Per Square Foot: $1,179
• Predicted Market Value: $1,887,802
• Estimated Monthly Rent: $6,492
• Rental Yield: 3.79%
• Airbnb Estimate: $242 per night
• Neighbourhood Growth Rank: 16 out of 23 in Vancouver
• Price Rank: 16 out of 22 in Vancouver

On the neighbourhood leaderboard, houses here rank 16th out of 23 for growth in Vancouver. That puts us below average. It's not the bottom, but it's a signal worth paying attention to if you're thinking about timing a sale.

Condos - The Honest Truth Is Tougher

We're not going to sugarcoat this one. Condos in Renfrew Collingwood are facing some headwinds right now.

The average HonestDoor Price for condos is $799,386 - down 0.88% from last period. The average sale price dropped to $515,000, which is a 10.4% decline from last month. Only 2 condos sold, so the sample is small, but the direction is clear. Price per square foot is around $751.

• HonestDoor Price (Condos): $799,386
• HonestDoor Price Change: -0.88%
• Average Sale Price: $515,000
• Price Per Square Foot: $751
• Predicted Market Value: $931,936
• Estimated Monthly Rent: $3,589
• Rental Yield: 3.52%
• Airbnb Estimate: $178 per night
• Neighbourhood Growth Rank: 21 out of 22 in Vancouver
• Price Rank: 22 out of 22 in Vancouver

On the leaderboard, condos here rank 21st out of 22 for growth and dead last for price among comparable Vancouver neighbourhoods. The one silver lining - if you're a buyer, this is among the most affordable condo markets in the city. If you're a seller, pricing strategy matters more than ever right now.

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

Here's the thing about your BC Assessment notice - it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already old news. The market doesn't wait for government paperwork.

Your HonestDoor Price is updated in real time. It pulls in actual sales data, current market shifts, and what buyers are genuinely paying right now - not what they were paying 12 to 18 months ago. For house owners in Renfrew Collingwood, that 2.68% uptick in the HonestDoor Price is a live signal your assessment simply can't give you. For condo owners, the 0.88% dip is equally important to know - because going into a sale with an inflated number from an old assessment can cost you time and negotiating power.

Think of the HonestDoor Price as the real-world check. It's what your home is worth today, not last year.

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

If you own a house and you're considering listing this summer, the 2.68% HonestDoor Price gain gives you something to work with. But the predicted value is softening slightly against the 3-month average, and the growth rank of 16th out of 23 tells us this neighbourhood isn't leading the pack right now. Pricing it right from day one - not chasing a peak that may have already passed - is the move.

If you own a condo, the honest advice is this: don't wait for the market to turn around on its own. With a growth rank of 21st out of 22, and sale prices down 10.4% last month, sitting on the sidelines hoping for a rebound is a gamble. If you need to sell, get a current HonestDoor Price, price it competitively, and lean into the fact that this is one of the most affordable condo options in Vancouver - that's your selling point to buyers right now.

Either way, the best first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set expectations, and definitely before you rely on that tax assessment sitting in your filing cabinet.

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.