If you live on Stride Avenue and you're still relying on your last BC Assessment notice, you're working with old news. The market has moved. Here's the real picture.
Let's break down what's happening for the two main groups of us on Stride Avenue.
Houses: The average sale price is sitting at $974,000, and the predicted market value comes in at $1,178,556. That gap matters - it tells us buyers are still active and the underlying value holds up. Price per square foot is around $872. We're ranking 29 out of 35 neighbourhoods in Burnaby for price, which puts us in the more accessible end of the market. Growth rank is 28 out of 36 - below average for Burnaby right now, so we're not leading the pack, but we're not falling off either. Two homes sold last month, holding steady.
Condos: This is where Stride Avenue actually stands out on the neighbourhood leaderboard. Condos rank 9 out of 37 in Burnaby for growth - that puts us in the top quarter. Average sale price is $569,400, with a predicted market value of $696,219. Price per square foot is around $670. The 3-month moving average is $695,893, and values are ticking upward. Two condos sold last month as well. Rental yield sits at 3.58%, which is moderate but steady.
Here's the thing about BC Assessments - they're a snapshot from July 1st of the previous year. By the time that notice hits your mailbox, it's already six to twelve months out of date. The market doesn't wait for paperwork.
The average HonestDoor Price for Stride Avenue is $917,750, and it has moved up 6.71% from the previous period. That kind of shift doesn't show up in a government assessment until it's old history. The HonestDoor Price pulls from real-world sales data and updates in real time - so when we say $917,750, we mean what a buyer would likely pay today, not last summer.
If you're a homeowner on Stride Avenue, checking your HonestDoor Price right now gives you a live read on your equity. That's the number that matters when you're talking to a mortgage broker, weighing a refinance, or just figuring out where you actually stand.
If you own a condo on Stride Avenue, the timing is worth a serious look. A top-quarter growth ranking in Burnaby - 9 out of 37 - means buyer interest is real and values are nudging upward. That's a decent position to list from before the fall market shifts the conversation.
For house owners, the story is a bit more measured. Growth is below average for Burnaby right now, but the predicted value of $1,178,556 is still sitting above nearby Edmonds at $1,031,961. We're more affordable than most of the city, which actually attracts buyers who've been priced out elsewhere. That's not a bad thing heading into a summer listing.
Either way, the move is the same - get your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing at 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.