Renfrew Collingwood, Burnaby - September 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 pretty good about it, hold that thought. The market has moved - and not always in the direction the city's paperwork suggests. Here's the real picture for Renfrew Collingwood homeowners right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

Let's start with houses, because there's actually some good news here. The average HonestDoor Price for a house in our neighbourhood sits at $1,256,400, and it's up 2.68% from the previous period. That's real, measurable movement in the right direction. Recent sales data shows houses trading around $1,680,000, with a price per square foot of roughly $1,318. Only one house sold last month, so we're not dealing with a flood of inventory - which tends to keep prices from sliding.

The predicted market value for houses lands at $1,882,450, though that number is drifting slightly below its 3-month moving average of $1,890,025. It's a small dip, but worth watching. On the neighbourhood leaderboard, house growth ranks 22 out of 23 comparable areas in Vancouver. That puts us near the bottom for momentum right now. The market isn't crashing - it's just taking a breather while other parts of the city run ahead.

Condos are a different conversation. The average HonestDoor Price for a condo here is $799,386, down 0.88% from last period. Two condos sold recently at an average of $374,000 - that's down 18% from the month before, which is a notable swing. Price per square foot comes in around $678. On the leaderboard, condo growth ranks 14 out of 22 neighbourhoods in Vancouver, which puts us below average. On price rank, condos here sit at 22 out of 22 - meaning we're the most affordable condo market in the Vancouver comparison set. Depending on your position, that's either a concern or an opportunity.

• House HonestDoor Price: $1,256,400 (up 2.68%)
• House average sale price: $1,680,000 - price per sq ft: $1,318
• House predicted market value: $1,882,450
• House rental estimate: $4,920/month - Airbnb estimate: $242/night
• House growth rank: 22 out of 23 in Vancouver
• Condo HonestDoor Price: $799,386 (down 0.88%)
• Condo average sale price: $374,000 - price per sq ft: $678
• Condo predicted market value: $928,113
• Condo rental estimate: $3,589/month - Airbnb estimate: $178/night
• Condo growth rank: 14 out of 22 in Vancouver - price rank: 22 out of 22

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

Here's the thing about government assessments - they're a snapshot from last July. A lot has happened since then. The HonestDoor Price is updated in real time using actual sales data, current market signals, and what buyers are genuinely paying today. It's the difference between checking yesterday's weather and looking out the window.

For house owners, the HonestDoor Price of $1,256,400 reflects current conditions - not what the city decided your home was worth eight months ago. For condo owners, the same applies. With the predicted market value sitting at $928,113 and the 3-month average sliding slightly to $936,888, knowing your real-world number right now isn't just interesting - it's useful. Whether you're refinancing, selling, or just keeping score, the HonestDoor Price is the number that actually reflects today's market.

Compare us to nearby neighbourhoods and the gap becomes clear. Cascade-Schou houses are averaging an HonestDoor Price of $1,786,238. Garden Village houses sit at $1,819,428. We're priced meaningfully lower than both - which tells a story about relative value that your tax assessment simply won't capture.

The So What: Thinking About Selling This Summer?

If you own a house here and you're weighing a summer sale, the 2.68% price increase is a green light worth paying attention to. Inventory is thin - one house sold last month - and thin supply generally supports sellers. The rental yield on houses sits at 3.79%, which signals that buyers with investment intentions still see value here. That's a motivated buyer pool.

For condo owners, the picture calls for more patience or more urgency, depending on your timeline. The 18% drop in average sale price month-over-month is partly a sample size issue - only two sales - but the downward drift in predicted value is real. If you're thinking about selling, getting your HonestDoor Price now gives you a clear baseline before you commit to a list price. Going in blind with an old assessment in a softening condo market is the kind of move that costs money.

Bottom line - Renfrew Collingwood is not the hottest growth market in Vancouver right now, and pretending otherwise doesn't help anyone. But for house owners especially, there's genuine value here and real buyer demand. Know your number, price it right, and you're in a much stronger position than most people who just guess.

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.