Woodhaven, Belcarra - October 2026 Real Estate Report
Woodhaven, Belcarra: Your Home Is Worth More Than the City Thinks
If you have been glancing at your latest property assessment and feeling a little underwhelmed, here is the real number you should be looking at. The average HonestDoor Price for a home in Woodhaven sits at $2,876,139 - that is 12.88% higher than the average government assessed value of $2,547,947. The city's number is a snapshot from the past. The HonestDoor Price is what the market is actually doing right now.
The Vibe: What Is Happening in Our Neighbourhood?
Woodhaven is holding its ground as one of Belcarra's most premium addresses. We rank 1st in Belcarra for average assessed value, and our neighbours in Cove Cliff, Tbd1, and Belvedere are all coming in cheaper. That tells you something about where Woodhaven sits in the local pecking order.
That said, the market is taking a breather. The overall HonestDoor Price has dipped 2.16% from the previous period, and neighbourhood growth is a modest 0.01% year over year. This is not a crash - it is a pause. Here is how it breaks down by property type.
Houses: Still the Crown Jewel, But Watch the Trend
If you own a house in Woodhaven, you are sitting on some serious real estate. The predicted market value for houses is $2,939,488, though that number is edging down from the 3-month moving average of $2,971,446. Recent values have shifted by -0.86%. Not alarming, but worth watching.
- Average Sale Price: $6,750,000 (essentially unchanged)
- Price Per Square Foot: $1,471
- Predicted Market Value: $2,939,488
- Estimated Monthly Rent: $8,910
- Rental Yield: 3.46%
- Airbnb Income Potential: $442 per month (ranked 1st in Belcarra)
- Properties Assessed This Year: 237
- Neighbourhood Growth Rank: 3 out of 3 in Belcarra
That growth rank is the one number to keep an eye on. On the neighbourhood leaderboard, houses in Woodhaven are currently sitting at the bottom for growth among comparable Belcarra neighbourhoods. It does not mean values are falling off a cliff - it means the rocket fuel from previous years has cooled. Buyers still want in here. The price rank of 1st out of 1 confirms we are the top of the market in Belcarra.
Condos: A Quiet Bright Spot
Condos in Woodhaven are actually moving in the right direction. The predicted market value is $548,200, and that number is climbing - up from a 3-month moving average of $542,667. Recent growth is sitting at a solid 1.37%, which puts condos at rank 1 out of 1 in Belcarra for growth. Small sample, but the trend is positive.
- Average HonestDoor Price: $561,800 (down 0.92% from last period)
- Predicted Market Value: $548,200
- Estimated Monthly Rent: $2,735
- Rental Yield: 3.74%
- Airbnb Estimate: $140 per night
- Recent Value Change: +1.37%
- Growth Rank: 1 out of 1 in Belcarra
One thing worth noting - nearby neighbourhoods like Cove Cliff and Tbd1 have condo prices well above ours. That gap could mean Woodhaven condos have room to run, or it could reflect a difference in product type. Either way, the upward momentum is a good sign for condo owners here.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the honest truth about government assessments - they are calculated once a year using data that is already months old by the time it lands in your mailbox. In a market like Woodhaven, where a single sale can move the needle significantly, that lag matters a lot.
The HonestDoor Price is updated in real time using current sales, market trends, and comparable properties. For houses in Woodhaven, that means the difference between the assessed value and the HonestDoor Price is $328,192 - or 12.88%. If you are making any financial decision based on your assessment alone, you are working with an incomplete picture. Your HonestDoor Price is the real-world check.
The So What: Should You Sell This Summer?
Here is the straight talk for anyone thinking about listing in Woodhaven this summer.
The market is not on fire right now, but it is not broken either. Prices are holding at a high level - houses are still trading at an average of $6,750,000 and $1,471 per square foot. The dip in the HonestDoor Price and the soft growth rank tell us that buyers have more options and more patience than they did a year ago. That means your pricing strategy has to be sharp.
The good news - Woodhaven still ranks at the top of Belcarra for prestige and price. Buyers who want this neighbourhood are not cross-shopping with Belvedere or Cove Cliff. They want Woodhaven specifically. That gives sellers here a real advantage, as long as you price to the current market and not to last year's peak.
If you are a condo owner, the momentum is actually in your favour right now. Values are ticking up and the rental yield of 3.74% gives buyers a reason to act. Summer could be a smart window.
Bottom line - check your HonestDoor Price before you do anything else. It is the most current number you have, and in a market like this, current is everything.
woodhaven | belcarra | 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.