Westend, Burnaby - August 2026 Real Estate Report

Westend, Burnaby: What's Actually Happening With Home Values Right Now

If you've been glancing at your neighbour's "For Sale" sign and wondering whether now is the time to make a move, here's the straight story on Westend, Burnaby - no fluff, no spin, just the numbers that matter.

The Vibe: Houses vs. Condos

We're seeing two very different stories playing out on our streets right now, depending on what you own.

If you own a house in Westend, New Westminster, things are looking solid. The HonestDoor Price is sitting at $1,278,664 - and it's climbing. That number is already ahead of the 3-month moving average of $1,269,261, which tells us momentum is pointing in the right direction. A 1.60% recent change might not sound dramatic, but here's the part worth paying attention to: that growth ranks 1 out of 15 comparable neighbourhoods in New Westminster. We're not just holding our own - we're leading the pack.

• HonestDoor Price (Houses): $1,278,664
• 3-Month Moving Average: $1,269,261
• Recent Value Change: +1.60%
• Growth Rank: 1 out of 15 in New Westminster
• Estimated Monthly Rent: $4,955
• Rental Yield: 4.29%

Condos are a different conversation. The average HonestDoor Price for a condo in Westend, Burnaby is $677,200, which has dipped 0.75% from the previous period. Over in New Westminster, condo values are at $487,806 - also pulling back slightly from the 3-month average of $495,437, with a recent change of -1.43%. The condo market is taking a breather. That doesn't mean panic - it means awareness.

• HonestDoor Price (Condos, Burnaby): $677,200
• Recent Value Change (Burnaby Condos): -0.75%
• Estimated Monthly Rent (Burnaby Condos): $3,230
• HonestDoor Price (Condos, New Westminster): $487,806
• Recent Value Change (New Westminster Condos): -1.43%
• Growth Rank (New Westminster Condos): 4 out of 15 - above average
• Estimated Monthly Rent (New Westminster Condos): $2,427
• Rental Yield (New Westminster Condos): 3.84%

For context, nearby North Arm North condos are priced at $736,326 with estimated rents of $3,370 - running a bit higher than what we're seeing in Westend, Burnaby right now.

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

Here's something most homeowners don't think about until it's too late. Your BC Assessment is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already stale. The market doesn't wait for government paperwork.

The HonestDoor Price is updated in real time, pulling from actual market activity. For house owners in Westend right now, that means your property is likely worth more than what the city has on file. For condo owners, it means you get an honest read on where values actually sit today - not where they were 12 months ago.

Relying on your tax assessment to price a home is like using last year's weather forecast to plan a summer barbecue. Check your HonestDoor Price first. It's the real-world check that reflects what a buyer would actually pay today.

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

If you own a house in Westend, this summer looks promising. Sitting at number 1 on the neighbourhood growth leaderboard out of 15 comparable areas is not a small thing. Buyers looking in New Westminster are going to find Westend houses and see a market that's moving up. That's a story you can tell at the negotiating table.

If you own a condo, the honest advice is this: don't rush, but don't sleep on it either. A -0.75% to -1.43% dip is not a crash - it's a soft patch. Summer typically brings more buyers into the market, which can put a floor under prices. But if you've been sitting on the fence, waiting for values to climb back to their peak before listing, you want to watch the next 60 to 90 days closely.

Either way, the smartest first move is the same - pull your HonestDoor Price today, compare it to your last assessment, and you'll immediately know whether you're sitting on more equity than you thought.

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.