If you've been glancing at your city assessment and assuming that's the number that matters, here's a reality check. The market has moved, and your assessment hasn't kept up. Here's what's actually happening on the ground in Stride Hill right now.
We've got two pretty different stories playing out in our neighbourhood depending on what you own.
Houses are holding their ground. The average sale price is sitting at $1,375,000, and the HonestDoor Price for houses is $1,326,963 - up from the 3-month moving average of $1,308,102, which tells us momentum is still pointing in the right direction. At $881 per square foot, Stride Hill houses rank 10th out of 35 neighbourhoods in Burnaby for price - that's solidly above average. On the neighbourhood leaderboard for growth, we're sitting at 9th out of 36 - again, above average. Not the flashiest number, but it means we're outperforming more than half of Burnaby. If you're renting your house out, the estimated rent of $5,022 per month with a 4.43% yield is a decent return in this market.
Condos are a different conversation. The HonestDoor Price for condos is $637,802, and it's drifted down slightly - both from the previous period (-0.11%) and compared to the 3-month moving average of $641,719. The recent value change of -0.92% is worth watching. That said, condo growth still ranks 8th out of 37 neighbourhoods in Burnaby, which keeps us in above-average territory. The price rank is 20th out of 26, so condos here are on the more affordable end of the Burnaby spectrum. Rental income at $3,068 per month with a 3.57% yield is moderate - it covers costs but don't expect it to make you rich overnight.
Here's the thing about your city assessment - it's a snapshot from months ago, calculated using a formula that doesn't care what a buyer would actually pay you today. It's a tax tool, not a selling tool.
For houses in Stride Hill, the average assessed value is $1,251,135. The HonestDoor Price is $1,298,051 - that's 3.75% higher than what the city has on file. That gap is real money. We're talking roughly $47,000 sitting between what the government thinks your house is worth and what the market is actually saying.
For condos, the story flips. The average assessed value is $695,909, but the HonestDoor Price is $637,802 - about 8.35% lower. If you're a condo owner banking on that assessment number, you may want to recalibrate your expectations before listing.
The HonestDoor Price updates in real time using actual transaction data and market signals. Your assessment does not. That's the difference between a live reading and last year's weather report.
Let's be straight with each other. Stride Hill is not a market that's running hot right now. Neighbourhood growth dipped 0.04% year over year overall, and transaction volume is modest - 3 house transactions and 10 condo transactions recorded in 2026 so far. That's a quiet market, not a panicked one.
For house sellers, the timing is reasonable. Values are nudging upward against the 3-month trend, you're priced above average for Burnaby, and nearby Edmonds is commanding HonestDoor Prices of $1,642,805 - which tells buyers that this corner of Burnaby carries real value. You're not the cheapest option, and that's a good thing.
For condo sellers, be realistic. With values slightly declining and a price rank of 20th out of 26 in Burnaby, you're competing in a crowded, affordable-end market. Pricing sharp and marketing hard will matter more than waiting for a wave that isn't building right now.
Bottom line - if you're a Stride Hill homeowner, pull your HonestDoor Price before you do anything else. It's the number that reflects today, not last January. Whether you're selling, refinancing, or just keeping score, that's the figure worth knowing.
stride hill | burnaby | 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.