Renfrew Collingwood, Burnaby - July 2026 Real Estate Report

Renfrew Collingwood, Burnaby and Vancouver: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your last property assessment and feeling either smug or nervous, stop. That number is already old news. Here's what's actually happening on the ground in Renfrew Collingwood right now - and what it means for your wallet.

The Vibe: Houses vs. Condos

We're seeing two different stories play out depending on what you own here, so let's break it down honestly.

Houses

If you own a house in Renfrew Collingwood, the market is holding up better than you might think. The HonestDoor Price is sitting at $1,256,400, up 2.68% from the previous period. That's real, measurable momentum. On the sales side, the average sale price came in at $1,143,750 - essentially flat from last month, with 4 homes changing hands. Volume is steady, not spectacular, but steady is good.

• HonestDoor Price (Houses): $1,256,400 - up 2.68%
• Average Sale Price: $1,143,750
• Price per square foot: $709
• Predicted market value: $1,900,118
• Estimated monthly rent: $6,517
• Rental yield: 3.78%
• Growth rank: 10 out of 23 neighbourhoods in Vancouver - above average
• Affordability rank: 21 out of 22 - one of the most affordable entry points in Vancouver

That affordability rank is actually a selling point, not a knock. We sit near the bottom of the price ladder in Vancouver, which means buyers who are priced out of other areas are looking our way. More buyers eyeing the neighbourhood is good for everyone who already owns here.

Condos

The condo picture is a bit more mixed, and we should be straight about that. The HonestDoor Price for condos is $799,386, down 0.88% from the previous period - a small dip, not a freefall. The one sale that closed this month came in at $485,000, which is down 11.4% from last month. One sale is a thin data set, so don't read too much into that single number. What's more telling is the predicted market value of $950,615, which is actually creeping up against the 3-month moving average of $944,137. That's a quiet positive signal.

• HonestDoor Price (Condos): $799,386 - down 0.88%
• Average Sale Price: $485,000 (based on 1 sale)
• Price per square foot: $924
• Predicted market value: $950,615 - trending up vs. 3-month average
• Estimated monthly rent: $3,567
• Rental yield: 3.50%
• Growth rank: 8 out of 22 neighbourhoods in Vancouver - above average
• Affordability rank: 22 out of 22 - the most affordable condo market in Vancouver

Again, that affordability rank cuts both ways. Yes, we're the most affordable condo market in Vancouver. That's a magnet for first-time buyers and investors who want in without overpaying. Demand from that crowd keeps a floor under prices here.

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

Here's the thing about your BC Assessment number - it's a snapshot from July 1st of last year. The market has moved since then. Rates have shifted. Buyer demand has shifted. Your neighbour's sale last month matters more than a government formula built on data that's already 12 months old.

The HonestDoor Price is updated in real time, pulling in actual recent sales, current market conditions, and live data from the neighbourhood. For houses in Renfrew Collingwood, that means a current read of $1,256,400 - not a stale government estimate. For condos, it's $799,386. These numbers move with the market, not behind it.

If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the real-world check you need. Your assessment is a tax document. The HonestDoor Price is what a buyer would actually pay today.

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

If you own a house here and you're thinking about listing this summer, the timing is not bad. Prices are up 2.68%, the neighbourhood ranks above average for growth in Vancouver, and we're one of the most affordable house markets left in the city. That combination attracts buyers. You're not competing with Shaughnessy or Dunbar on price - you're the option that makes sense for people who want Vancouver without the sticker shock.

For condo owners, the honest advice is to watch the next 60 days closely. The predicted value is nudging upward, and the growth rank of 8 out of 22 is solid. But with thin sales volume, you want to price sharp and not get greedy. A well-priced condo here will find a buyer - an overpriced one will sit.

Either way, before you call an agent or set a number, check your HonestDoor Price first. It's the most current read on what your home is actually worth - not what the city assessed it at last summer.

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.