Seymour Heights, North Vancouver - September 2026 Real Estate Report

Seymour Heights Real Estate: Good Bones, But the Market Is Taking a Breather

If you live in Seymour Heights and you have not checked your property value since your last tax assessment arrived, now is the time to pay attention. The numbers on that government paper and what your home would actually fetch today are not the same thing - and the gap matters more than you might think.

The Vibe: What Is Actually Happening on Our Streets

Let's be straight with each other. Seymour Heights is not on fire right now, but it is not falling apart either. Neighbourhood growth dipped 0.03% year over year, and our growth rank sits at 30 out of 52 comparable neighbourhoods in North Vancouver. That puts us in below-average territory on the leaderboard. Not last place, but not a podium finish either.

The good news? We are still a premium address. With 609 properties assessed this year, there is real weight behind these numbers.

Houses: Solid Value, Soft Momentum

If you own a house in Seymour Heights, here is the snapshot:

• Average sale price: $1,700,000 - holding steady
• Price per square foot: $1,574
• Predicted market value: $2,000,068
• 3-month moving average: $2,024,526 - the trend is drifting down slightly
• Estimated monthly rent: $6,817 with a rental yield of 3.66%
• Growth rank: 30 out of 52 neighbourhoods - below average
• Price rank: 28 out of 46 - below average for North Vancouver

That 3-month moving average tells us something important. Values are not crashing, but they are softening. Our neighbour Riverside East is sitting at a predicted value of $2,071,037 for houses - slightly ahead of us. Worth watching if you are thinking about timing a sale.

Condos: Holding Their Own, But Watch the Recent Dip

For condo owners in Seymour Heights, the picture is a bit more nuanced:

• Average HonestDoor Price: $906,453 - up 0.32% from last period
• Average sale price: $896,000 - essentially flat
• Price per square foot: $566
• Predicted market value: $903,574
• Estimated monthly rent: $3,972 with a rental yield of 3.04%
• Recent value change: -2.04% - the one number to keep an eye on
• Growth rank: 33 out of 48 - below average
• Price rank: 6 out of 21 - above average, which is a genuine bright spot

That -2.04% recent change is not a panic signal, but it is a heads-up. On the flip side, ranking 6th out of 21 neighbourhoods on price means we are still commanding a premium compared to most of North Vancouver's condo market. Winridge condos, for comparison, are sitting at around $759,912 - well below us.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is something most neighbours do not realize. The city's assessed value for houses in Seymour Heights averages $2,067,349. The average HonestDoor Price right now is $2,043,204. That is a $24,145 difference - and the assessment is the higher number.

Why does that matter? Government assessments are a snapshot from a fixed date in the past. They do not update when the market shifts. The HonestDoor Price pulls in real-time sales data, current market conditions, and live comparable sales. It is the number that reflects what a buyer would actually put on the table today - not what a government formula calculated months ago.

If you are making any financial decision based on your home's value - refinancing, selling, estate planning - the HonestDoor Price is your real-world check. The assessed value is a starting point. The HonestDoor Price is the answer.

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

Here is the honest take for anyone considering listing in Seymour Heights this summer.

The market is not surging. Growth is slightly negative, values are ticking down from their 3-month averages for both houses and condos, and our neighbourhood leaderboard ranking is middle-of-the-pack. That is the reality.

But here is what works in your favour:

• House rental potential of $6,931 per month gives buyers a strong income story
• Airbnb potential of $344 per night for houses ranks 29th in North Vancouver - a real selling point for investor buyers
• Condo prices still rank above average in North Vancouver at 6th out of 21 neighbourhoods
• Riverside East is slightly more expensive and growing faster - which means buyers priced out of there may look our way

The window is open, but it is not wide open. If you are thinking about selling, get your HonestDoor Price first. Know the real number before you sit down with an agent. That way, you are negotiating from fact - not from a tax notice that is already out of date.

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.