Stave Falls, Maple Ridge - September 2026 Real Estate Report

Stave Falls, Maple Ridge: Your Prices Are Up. Does Your Assessment Know That?

If you own a home in Stave Falls and you haven't checked your HonestDoor Price lately, you're probably sitting on more than you think. The average HonestDoor Price here has hit $2,162,800 - that's a 10% jump from the previous period. Your city assessment? Still catching up. More on that in a second.

The Vibe: What's Actually Happening on the Ground

Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses

We're in expensive territory. In Stave Falls, Mission, houses rank 1 out of 9 for price in the entire Mission area. That means we're sitting at the top of the price ladder locally. The average sale price is sitting at $1,569,000, and the predicted market value is $1,566,751 - those two numbers are basically shaking hands, which tells us the market is pricing things pretty accurately right now.

• Average sale price: $1,569,000
• Price per square foot: $718
• Predicted market value: $1,566,751
• 3-month moving average: $1,540,741 (values are trending up)
• Estimated monthly rent: $5,564
• Rental yield: 4.19%
• Growth rank: 5 out of 12 in Mission - above average

That growth rank matters. Out of 12 comparable neighbourhoods in Mission, we're in the top half. We're not leading the pack, but we're not trailing it either. Compared to neighbours, we're priced above Ruskin (predicted value $1,485,221) and below Blue Mountain ($1,857,464). If you've been eyeing Blue Mountain, Stave Falls is still the more accessible entry point at this price tier.

One sale closed last month. Low volume like that means each transaction carries a lot of weight. One strong sale can move the needle. One weak one can too. Keep that in mind.

Condos

Condos here are a smaller slice of the market, but they're worth watching. The predicted value is $382,300, which is just a hair under the 3-month moving average of $383,433. Values have nudged up 1.19% recently, and the growth rank is 2 out of 9 in Mission. That puts us near the top of the leaderboard for condo growth in the area.

• Predicted market value: $382,300
• 3-month moving average: $383,433
• Recent value change: +1.19%
• Estimated monthly rent: $2,010
• Rental yield: 4.06%
• Growth rank: 2 out of 9 in Mission - near the top

The predicted value is slightly below nearby Silverhill ($390,067), but the growth rank suggests we're closing that gap. For investors, a 4.06% rental yield with above-average growth momentum is a decent combination.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about government assessments - they're a snapshot from the past. They're calculated on data that's already months old by the time it lands in your mailbox. The market doesn't wait for paperwork.

The HonestDoor Price is updated in real time, pulling from actual sales, current market signals, and what buyers are genuinely paying right now. With the average HonestDoor Price in Stave Falls, Maple Ridge at $2,162,800 - up 10% - there's a real chance your assessment is underselling what your home is actually worth today.

That gap between your assessment and your HonestDoor Price? That's your real-world check. It's the number a buyer would actually negotiate around, not the one the city printed last year.

Stave Falls also ranks 4th in Maple Ridge for Airbnb potential, with an estimated $360 per night. If you have a suite or a secondary space, that's a number worth knowing before you decide what to do with the property.

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

If you're weighing a summer sale, here's the honest read on where we stand.

The house market is stable and priced at the top of the Mission area. Values are ticking upward from the 3-month moving average. That's not a bad position to list from. You're not fighting a declining market - you're entering one that's holding its ground and nudging higher.

Low sales volume cuts both ways. There's less competition from other sellers, which is good for you. But buyers know there aren't many comps to anchor their offer, so pricing it right from day one matters more than ever. An overpriced listing in a thin market sits. A well-priced one moves.

The rental and Airbnb numbers also give you a backup story if the sale timeline stretches. At $7,230 estimated monthly rent and $360 per night on Airbnb, this property has income options that a lot of buyers will find attractive - especially investors.

Bottom line: check your HonestDoor Price before you do anything else. If it's sitting 10% above what your assessment says, you need that number in your back pocket before you talk to anyone about listing.

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.