Rosemary Heights Business Park, Surrey - October 2026 Real Estate Report
Rosemary Heights Business Park, Surrey: Your Home Is Worth More Than the City Thinks - Or Less. Here's the Real Number.
If you've been glancing at your latest property assessment and nodding along, hold on. The numbers on the ground in Rosemary Heights Business Park right now tell a more complicated story - and depending on whether you own a house or a condo, that story is very different.
The Vibe: Houses vs. Condos - Two Markets, Two Moods
Let's be straight with each other. Our neighbourhood is not one-size-fits-all right now.
Houses: We're taking a breather. The average HonestDoor Price for a house sits at $1,094,726 - and that's actually $20,315 below what the city assessed us at ($1,115,041). That gap matters. The HonestDoor Price has dipped 0.73% from the previous period, and the predicted market value of $1,102,811 is sliding below the 3-month moving average of $1,113,147. Only 1 house sold this month at an average of $776,000 - down 27.3% from last month, though with just one sale, that number moves fast. Price per square foot is running around $618. On the neighbourhood leaderboard, our house growth ranks 25 out of 41 Surrey neighbourhoods - that puts us in below-average territory for growth right now. Price rank is 35 out of 45. We're not leading the pack, but we're not falling off a cliff either.
Condos: This is where things get interesting for us. The average HonestDoor Price for a condo is $883,538 - and that is 48.53% higher than the city's average assessed value of $594,867. The city is dramatically undervaluing condo owners here. The predicted market value is $905,741, which is actually climbing above the 3-month moving average of $894,199. Two condos sold this month at an average of $527,500, with price per square foot around $492. On the leaderboard, our condo growth ranks 7 out of 44 Surrey neighbourhoods - that puts us firmly among the top performers. Price rank is 10 out of 27. Condos here are punching above their weight.
- House HonestDoor Price: $1,094,726 (down 0.73%)
- House predicted market value: $1,102,811
- House price per sq ft: $618
- House rental estimate: $4,445/month
- House growth rank: 25 out of 41 in Surrey
- Condo HonestDoor Price: $883,538 (down 2.45%)
- Condo predicted market value: $905,741
- Condo price per sq ft: $492
- Condo rental estimate: $3,626/month
- Condo growth rank: 7 out of 44 in Surrey - top performers
- Total house transactions in 2026: 34
- Total condo transactions in 2026: 9
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters Right Now
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold last month. It doesn't know that buyer demand has shifted. It's a static number doing a real-time job, and it's not built for that.
For house owners, your HonestDoor Price is already running $20,315 below your assessed value. If you're pricing a sale based on that assessment, you could be setting expectations that the market won't meet. That's a painful conversation to have after 60 days on the market.
For condo owners, the gap runs the other way - and it's massive. The city says your condo is worth around $594,867. The HonestDoor Price says $883,538. That's nearly $289,000 in value the assessment is leaving on the table. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using the city number is like navigating with an old map.
The HonestDoor Price updates in real time using actual transaction data. It's the real-world check, not the government's best guess from months ago.
The 'So What?': Thinking About Selling This Summer?
If you own a house in Rosemary Heights Business Park and you're eyeing a summer sale, the honest advice is this - move with intention, not urgency. Values are drifting down slightly, the 3-month trend is softening, and with only 1 house sale on the books this month, you don't have a lot of comparable data to lean on. Nearby, Sunnyside is slightly pricier and South Surrey is significantly higher - so buyers shopping our area are often doing it for value. Price it right from day one. Overpricing in a softening market costs you time and money.
If you own a condo, your position is genuinely stronger. Growth ranks in the top 7 out of 44 neighbourhoods. The predicted value is trending up. Rental yield sits at 3.40% with an estimated $3,701/month in rent - that's a real number for investors who are still active in this market. Compared to nearby Sunnyside condos (selling around $520,650), we're holding our own at $527,500. If you're thinking about selling, the momentum is more in your favour than it is for house sellers right now.
Bottom line - check your HonestDoor Price before you do anything else. It takes 30 seconds and it'll tell you more than your last assessment notice ever will.
rosemary heights business park | 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.