Willingdon Heights, Burnaby - August 2026 Real Estate Report

Willingdon Heights, Burnaby: Your Home Is Probably Worth Less Than the City Thinks

If you have been glancing at your latest BC Assessment notice and feeling pretty good about yourself, hold on. The real numbers on the ground in Willingdon Heights are telling a slightly different story right now - and knowing the gap could save you from a costly mistake this summer.

The Vibe: What Is Actually Happening With Houses and Condos

Houses

Let us be straight with you. The house market in Willingdon Heights is taking a breather. The average HonestDoor Price for a house sits at $1,769,767 - and that number has slipped 2.34% from the previous period. Values have shifted by -1.22% recently, and the predicted market value of $1,812,195 is already trending below the 3-month moving average of $1,833,063. That is a slow bleed, not a crash, but it is worth watching.

On the neighbourhood leaderboard, houses here rank 34 out of 36 for growth in Burnaby. That puts us near the bottom of the pack. Price rank comes in at 27 out of 35 - below average for Burnaby. Only 1 house sold recently, and with just 5 total transactions recorded in 2026, this is a thin market. Low volume means prices can swing hard on a single sale.

• Average HonestDoor Price (Houses): $1,769,767
• Recent value change: -1.22%
• Predicted market value: $1,812,195
• 3-month moving average: $1,833,063
• Price per square foot: $801
• Estimated rent: $6,335 per month
• Rental yield: 3.84%
• Growth rank in Burnaby: 34 out of 36

Condos

The condo picture is more interesting. We are actually outperforming every nearby neighbourhood on price. The average HonestDoor Price for a condo here is $957,149 - higher than Brentwood ($650,841), West Central Valley ($769,665), and Dawson-Delta ($684,834). That is a real edge. The HonestDoor Price is also up 1.76% from the previous period, which is a welcome green arrow in an otherwise cautious market.

That said, values have dipped -2.38% recently and the predicted market value of $940,600 is sliding below the 3-month moving average of $946,155. Growth ranks 23 out of 37 in Burnaby - below average, but nowhere near the basement. Price rank is 12 out of 26, which puts us solidly above average. Three condos sold recently, and 23 transactions have been recorded in 2026, making condos the far more active segment here.

• Average HonestDoor Price (Condos): $957,149
• Recent value change: -2.38%
• Predicted market value: $940,600
• 3-month moving average: $946,155
• Price per square foot: $782
• Estimated rent: $3,916 per month
• Rental yield: 3.25%
• Growth rank in Burnaby: 23 out of 37
• Average Airbnb estimate: $196 per night

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

Here is the thing about BC Assessment. That number is a snapshot frozen in time - it reflects market conditions from July 1 of the previous year. It does not know what happened last month. It does not care that values have been sliding.

For houses in Willingdon Heights, the average assessed value is $1,870,362. The average HonestDoor Price is $1,769,767. That is a gap of roughly $100,000 - and the HonestDoor Price is 5.38% lower than the assessed average. If you are pricing your home based on that assessment, you may be walking into negotiations already offside.

For condos, the story flips. The average assessed value is $755,910, but the average HonestDoor Price is $957,149 - a full 26.62% higher. That means condo owners here are sitting on more value than the city's paperwork suggests. The HonestDoor Price updates in real time using actual market signals, not a once-a-year government estimate. That is the difference between guessing and knowing.

The So What: Thinking About Selling This Summer?

If you own a house here and you are thinking about listing, the window is not closing - but it is not wide open either. Values are drifting down, transaction volume is low, and we rank near the bottom of Burnaby for growth. That does not mean you cannot get a strong price. It means you need to price sharp from day one. Overpricing in a thin market is the fastest way to sit on a listing and watch buyers walk to Brentwood instead.

If you own a condo, you are in a better spot. We are priced above every comparable neighbourhood nearby, and the HonestDoor Price is still trending up year over year. A well-presented condo listed at the right number this summer has a real audience. With 2,847 condos assessed in the neighbourhood, buyers have options - so condition and pricing still matter.

Either way, pull your HonestDoor Price before you call an agent. It is the real-world check that tells you where the market actually is today - not where it was last July.

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.