Spilsbury, Maple Ridge - July 2026 Real Estate Report

Spilsbury, Maple Ridge: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now

If you have been assuming your home is worth what the city says it is, it is time for a reality check. The latest numbers out of Spilsbury tell a story that your tax assessment is not going to tell you - and if you are thinking about selling this summer, you need to read this first.

The Vibe: What Is Happening to Our Home Values?

Let us be straight with you. Values in Spilsbury are taking a breather right now, and that goes for both houses and condos. Here is how the two break down.

Houses in Spilsbury

The average HonestDoor Price for a house here sits at $1,513,501. That is already down 1.98% from the previous period, and the trend is not reversing yet - the predicted market value of $1,544,102 is sliding below the 3-month moving average of $1,589,141. In plain terms, prices have been drifting lower for a while now.

• Average HonestDoor Price: $1,513,501
• Predicted Market Value: $1,544,102
• 3-Month Moving Average: $1,589,141
• Recent Price Change: -2.16%
• Average Rental Estimate: $5,502 per month
• Rental Yield: 4.18% - decent, not spectacular
• Airbnb Potential: $273 per night
• Neighbourhood Growth Rank: 22 out of 24 in Maple Ridge

That growth rank is the number we want you to sit with. On the Maple Ridge neighbourhood leaderboard, Spilsbury houses are sitting near the bottom - 22nd out of 24 comparable neighbourhoods. That does not mean panic. It means awareness.

On the bright side, if you are a landlord or thinking about becoming one, a 4.18% rental yield is a reasonable return in this market. And compared to neighbours like Thornhill (HonestDoor Price $1,959,535) and Whonnock ($1,776,263), Spilsbury is actually the more accessible entry point - and both of those neighbourhoods are growing slower too, so we are not alone in this cooldown.

Condos in Spilsbury

Our condo market is a different story - and honestly, a more interesting one. The average HonestDoor Price for a condo is $1,077,050, down 0.95% recently. The predicted value of $1,087,433 is also slipping below the 3-month moving average of $1,170,411, so the same softening trend applies here.

• Average HonestDoor Price: $1,077,050
• Predicted Market Value: $1,087,433
• 3-Month Moving Average: $1,170,411
• Recent Price Change: -1.07%
• Average Rental Estimate: $4,445 per month
• Rental Yield: 2.69%
• Airbnb Potential: $221 per night
• Airbnb Rank in Maple Ridge: 2nd - that is a strong number
• Growth Rank: 10 out of 18 comparable neighbourhoods

Here is the interesting part. Our condos rank 2nd in all of Maple Ridge for Airbnb potential. If you own a condo here and you are not at least thinking about short-term rental income, that is worth a conversation. And at $1,077,050, Spilsbury condos are priced above nearby Albion ($999,523), Whonnock ($849,050), and Albion Flats ($669,050) - meaning we are holding a premium position in the local condo market even while prices soften.

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

Here is the thing about your city assessment. It is a snapshot from months ago, built on old sales data, and it does not move with the market in real time. Right now in Spilsbury, the average assessed value is $1,537,531 - but the HonestDoor Price is $1,513,501. That is a $24,030 gap, and it is not in your favour if you are pricing a listing based on what BC Assessment told you.

The HonestDoor Price pulls from current market signals. It updates. It reflects what buyers are actually doing right now - not what they were doing last year. In a market that has shifted -2.16% recently, using a stale number to price your home is one of the most expensive mistakes you can make.

Think of the HonestDoor Price as your real-world check. It is the number a serious buyer is going to work from. You should be working from it too.

The So What - Should You Sell in Spilsbury This Summer?

If you are thinking about listing this summer, here is the honest take.

The window is not closed, but it is narrowing. Prices are down, the 3-month trend is pointing lower, and Spilsbury sits near the bottom of the Maple Ridge growth leaderboard for houses. Waiting for a rebound that has not shown up in the data yet is a gamble.

What works in your favour right now - buyers who want into Maple Ridge but cannot afford Thornhill or Whonnock are looking at Spilsbury. You are the value play in a premium market. That is a real selling point, and a smart agent will use it.

For condo owners, the calculus is slightly different. A 2.69% rental yield is modest, but that number 2 Airbnb ranking is a genuine asset. If you are not selling, renting short-term is worth running the numbers on seriously.

Bottom line - price it right from day one using your HonestDoor Price, not your assessment. In a softening market, the sellers who win are the ones who get ahead of the trend instead of chasing it.

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.