Woodhaven, Belcarra - September 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 in Woodhaven right now is $2,939,488 - that is $391,541 more than what the city has on file. That gap is not a rounding error. That is real money sitting on the table.

The Vibe: What Is Actually Happening in Woodhaven

Let us break it down by property type, because houses and condos are telling two different stories right now.

Houses

The house market here is about as premium as it gets in Belcarra. We are sitting at a predicted market value of $2,964,998, and the recent sale average hit $6,750,000 - with a price per square foot around $1,471. Volume is thin, with 1 property sold last month, but that is pretty normal for a neighbourhood where homes rarely change hands.

• Average HonestDoor Price: $2,939,488
• Average Assessed Value: $2,547,947 - that is 15.37% lower than the HD Price
• Recent Sale Average: $6,750,000
• Price Per Square Foot: $1,471
• Estimated Monthly Rent: $8,990
• Rental Yield: 3.44%
• Airbnb Potential: $447 per night
• Year-Over-Year Growth: 0.01%
• Neighbourhood Growth Rank: 1 out of 3 in Belcarra - top of the leaderboard

One thing worth flagging: the 3-month moving average for houses is $3,037,496, and we are currently tracking just below that at $2,964,998. Values have dipped 1.49% recently. The market is taking a breather - not falling apart, just pausing. For context, Woodhaven still ranks number 1 in Belcarra for both assessed value and Airbnb potential. We are not losing ground, we are just not sprinting right now.

Condos

Condos in Woodhaven are a different animal. The average HonestDoor Price is $567,000 - and it is actually up 1.03% from the previous period, which is a nice contrast to the slight softness we are seeing on the house side.

• Average HonestDoor Price: $567,000 (up 1.03%)
• Predicted Market Value: $540,800
• Estimated Monthly Rent: $2,705
• Rental Yield: 3.75%
• Airbnb Potential: $135 per night

Here is something interesting for condo owners: compared to nearby neighbourhoods, Woodhaven condos are actually the most affordable option in the area. Tbd1 averages $773,060 and Cove Cliff comes in at $998,104. If you own here, you are in a price bracket that attracts buyers who got priced out of those spots. That is a real selling advantage.

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

Here is the thing about government assessments - they are a snapshot from the past. The city locks in its numbers based on data that is already months old by the time it lands in your mailbox. In a neighbourhood like Woodhaven, where the average HD Price is running $391,541 ahead of the assessed value, that lag is not just annoying - it is costing homeowners real clarity about what they actually own.

The HonestDoor Price pulls in current market signals and updates in real time. It is not a guess. It is the closest thing to what a buyer would actually pay today. With 237 properties assessed in Woodhaven this year, there is enough data here to make that number meaningful. Check yours at HonestDoor before you make any decisions - whether that is refinancing, listing, or just knowing where you stand.

The So What: Should You Sell This Summer?

If you own a house in Woodhaven and have been sitting on the fence, here is the honest read. Values are slightly off their 3-month peak, down about 1.49% recently. That is not a crisis - but it does mean the absolute top of this particular wave may have just passed. Listing while demand is still strong and before any further softening makes more sense than waiting to see if prices bounce back to $3,037,496.

For condo owners, the picture is a bit brighter. Values are up 1.03% and you are priced well below comparable spots nearby. Buyers looking at Cove Cliff or Tbd1 and getting sticker shock will land on Woodhaven condos. That is a real tailwind heading into summer.

Either way, the first move is simple - pull your HonestDoor Price, compare it to your assessment, and know your actual number before you talk to anyone. That gap of 15.37% between what the city says and what the market says is the most important figure in this whole report.

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.