Smith, Maple Ridge - October 2026 Real Estate Report
Smith, Maple Ridge: Your Neighbour Just Listed - Here Is What You Need to Know
If you have been watching the "For Sale" signs in Smith and wondering whether now is the time to make a move, here is the straight story. The market is taking a breather, but it is not sleeping. There is a real gap between what the city thinks your home is worth and what buyers are actually paying - and that gap matters for your wallet right now.
The Vibe: What Is Actually Happening in Smith
Let us break it down by property type, because houses and condos are telling two different stories this year.
Houses in Smith - Holding Steady With Some Upside
If you own a house in Smith, here is the honest picture. Sales activity is quiet - only 1 house sold recently - but the predicted value is actually trending in the right direction.
- Average sale price: $840,000
- Price per square foot: $745
- HonestDoor predicted market value: $1,142,755
- 3-month moving average: $1,132,856 - and the current prediction is above it, which is a good sign
- Recent value change: up 1.51%
- Estimated monthly rent: $4,611
- Rental yield: 4.45% - solid, moderate returns for landlords
- Airbnb income potential: approximately $229 per month
Here is the neighbourhood leaderboard stat worth bragging about: Smith houses rank 4 out of 23 neighbourhoods in Maple Ridge for growth rate. That puts us in the top tier. On price rank, we sit at 14 out of 19, which means we are below average in price compared to other Maple Ridge neighbourhoods - and that is actually a feature, not a bug, if you are buying. There is room to grow.
Compared to nearby areas, East Maple Ridge houses are sitting at an average HonestDoor Price of $2,079,921 and Websters Corners at $1,687,379. Both are growing slower than Smith. Albion is closer to us at $1,206,904 and growing slightly faster. We are in good company at a more accessible price point.
Condos in Smith - A Softer Patch Right Now
The condo side of Smith is taking more of a breather. Values have dipped slightly and the trend line is pointing down in the short term - but context matters here.
- Average HonestDoor Price: $550,675
- Recent price change: down 1.13%
- Predicted market value: $556,950
- 3-month moving average: $563,225 - the current prediction is below it, so we are in a mild dip
- Recent value change: down 0.65%
- Estimated monthly rent: $2,748
- Rental yield: 3.73% - moderate, but still generating income
- Airbnb income potential: approximately $138 per month
- Airbnb rank in Maple Ridge: 11th
On the neighbourhood leaderboard, Smith condos rank 10 out of 18 in Maple Ridge for growth - right in the middle of the pack. Not leading, not lagging. One bright spot: our condo values are higher than nearby East Maple Ridge ($457,433) and Websters Corners ($481,500), which tells us Smith condos carry a real premium in this corner of the city.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your BC Assessment notice. It is a snapshot from July 1st of last year. The market has moved since then - and in Smith, it has moved in a specific direction that your assessment does not reflect.
The average assessed value in Smith sits at $1,162,438. The average HonestDoor Price is $1,122,405. That is a gap of 3.44%. In plain language, the city's number is running higher than what the real-world market is currently showing. If you are pricing a listing based on your assessment, you could be starting from the wrong number - and that costs you time on market.
The HonestDoor Price updates in real time using actual transaction data and market signals. It is the real-world check against a static government number. With only 3 property transactions recorded in Smith in 2026 across 353 assessed properties, every data point counts - and having the most current picture is everything.
The So What - Should You Sell in Smith This Summer?
Here is the honest answer for anyone thinking about listing this summer.
For house owners, the timing has some merit. Values are ticking up, the 3-month trend is positive, and Smith's growth rank of 4 out of 23 in Maple Ridge means buyers looking at the broader market will notice this neighbourhood. You are not at the top of the price ladder, which means you are still attracting serious buyers who have been priced out of East Maple Ridge and Websters Corners. That is a real advantage right now.
For condo owners, patience might pay off. The short-term trend is slightly negative and the 3-month moving average is above current predicted values. If you do not need to sell this summer, watching another quarter of data makes sense. If you do need to move, price sharp from day one - do not anchor to your assessment. Use your HonestDoor Price as your starting point and work with current comps.
Either way, the rental market in Smith is worth knowing about. Houses are pulling $4,611 per month in estimated rent at a 4.45% yield. If selling feels premature, holding and renting is a legitimate play while the market finds its footing.
- Smith house growth rank: 4 out of 23 in Maple Ridge - top tier
- Smith condo growth rank: 10 out of 18 in Maple Ridge - middle of the pack
- HonestDoor Price vs. assessed value gap: 3.44% lower than assessment
- Neighbourhood year-over-year growth: down 0.03% - essentially flat
- Total transaction rank in Maple Ridge: 9th - moderate activity
Bottom line: Smith is not a market in trouble. It is a market catching its breath. The fundamentals - rental yield, growth rank, and price accessibility compared to neighbours - are still working in homeowners' favour. Check your HonestDoor Price before you do anything else. It is the number that actually reflects today, not last July.
smith | maple ridge | 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.