Assessment Data
Vancouver 2026 property
assessments.
The typical Vancouver house lot was assessed −5.3% for 2026 (median $2.23M), and the typical condo or townhouse −4.7% (median $796K). House values fell most in Marpole (−10.3%). Condos held up best in Renfrew (+0.6%).
Valued as of July 1, 2025 · City of Vancouver property tax report, updated October 26, 2026
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See the 2026 assessed value, land vs building split, change from last year and the property tax — and how it compares with the rest of the city. City of Vancouver addresses only.
Citywide
The 2026 roll at a glance.
Houses & duplex lots
69,339 properties on the 2026 roll
$2.23M
Median 2026 assessment
$2.34M in 2025
−5.3%
Typical change, 2025 → 2026
+0.1% the year before
96%
Assessed lower than last year
3% went up
$9,774
Median 2026 property tax
Land is 91% of value
Condos & townhouses
116,172 properties on the 2026 roll
$796K
Median 2026 assessment
$824K in 2025
−4.7%
Typical change, 2025 → 2026
−1.7% the year before
79%
Assessed lower than last year
15% went up
$2,748
Median 2026 property tax
Land is 75% of value
By neighbourhood
House assessments by neighbourhood.
Detached and duplex lots (R1, RS and RT zones), biggest drop first.
| Neighbourhood | Median 2026 | Change | Median tax | Asking vs assessed |
|---|---|---|---|---|
| Marpole | $2.27M | −10.3% | $9,920 | −2.5% |
| Arbutus & Quilchena | $3.35M | −9.2% | $14,294 | +1.6% |
| Fairview & False Creek | $1.9M | −8.3% | $5,310 | too few |
| Shaughnessy | $4.56M | −7.9% | $21,504 | +2.1% |
| Southlands | $3.37M | −7.8% | $13,871 | +5.2% |
| Oakridge & South Cambie | $3.26M | −7.8% | $13,927 | +6.2% |
| Point Grey | $3.37M | −7.5% | $14,123 | +3.5% |
| South Granville | $3.92M | −6.9% | $17,106 | +3% |
| Mount Pleasant | $1.57M | −6.9% | $7,789 | too few |
| Dunbar | $3.17M | −6.7% | $13,202 | +3% |
| Kerrisdale | $3.38M | −6.3% | $14,208 | −1.6% |
| South Marine & River District | $1.82M | −6% | $9,125 | too few |
| Grandview & Hastings | $1.86M | −5.6% | $8,812 | −0.2% |
| Cambie | $2.98M | −5.3% | $12,450 | +14.5% |
| Killarney | $1.98M | −5.3% | $9,088 | +0.9% |
| Renfrew | $1.8M | −5.1% | $8,625 | +34.7% |
| Renfrew & Hastings Sunrise | $1.68M | −5% | $8,217 | −3.9% |
| Fraser & Main | $1.96M | −4.7% | $9,122 | +4.2% |
| Collingwood | $1.78M | −4.7% | $8,525 | −2.1% |
| Fraserview & Champlain Heights | $2.24M | −4.6% | $9,951 | −2.2% |
| South Vancouver | $1.88M | −4.5% | $8,805 | −0.2% |
| Renfrew Heights | $1.81M | −4.4% | $8,573 | +0.4% |
| Kitsilano | $2.74M | −4.3% | $11,638 | 0% |
| Victoria & Knight | $1.82M | −4.2% | $8,614 | −3.1% |
| Knight & Cedar Cottage | $1.96M | −2.3% | $9,118 | +1% |
Condo & townhouse assessments by neighbourhood.
Residential strata homes, biggest drop first.
| Neighbourhood | Median 2026 | Change | Median tax | Asking vs assessed |
|---|---|---|---|---|
| Renfrew Heights | $1.5M | −7.5% | $5,494 | too few |
| Marpole | $809K | −6.6% | $2,728 | −1.4% |
| Coal Harbour | $2.05M | −6.4% | $6,991 | +5.5% |
| South Vancouver | $919K | −6.3% | $3,148 | −4.2% |
| Downtown | $644K | −6.3% | $2,432 | +1.2% |
| Yaletown | $1.06M | −6.3% | $3,602 | +4.5% |
| South Granville | $1.45M | −6.1% | $4,924 | −1.8% |
| Downtown South | $651K | −5.7% | $2,240 | +1.9% |
| Oakridge & South Cambie | $1.11M | −5.4% | $3,744 | 0% |
| Fraser & Main | $1.19M | −5.3% | $4,019 | −3.9% |
| Southlands | $2.53M | −5.1% | $8,932 | too few |
| Mount Pleasant | $755K | −4.8% | $2,549 | −0.4% |
| Renfrew & Hastings Sunrise | $1.41M | −4.6% | $5,103 | too few |
| Victoria & Knight | $1.23M | −4.5% | $5,045 | too few |
| Dunbar | $2.38M | −4.2% | $8,434 | too few |
| Cambie | $1.09M | −4.1% | $3,663 | −5.4% |
| Knight & Cedar Cottage | $1.21M | −3.7% | $4,162 | −3.2% |
| Collingwood | $590K | −3.6% | $1,984 | −4.5% |
| Kitsilano | $991K | −3.5% | $3,347 | −2.3% |
| South Marine & River District | $738K | −3.4% | $2,492 | −4.3% |
| Grandview & Hastings | $700K | −3.2% | $2,354 | −2.9% |
| Shaughnessy | $1.56M | −2.7% | $5,260 | too few |
| Killarney | $1.17M | −2.1% | $5,400 | +2.6% |
| Fraserview & Champlain Heights | $898K | −1.9% | $3,042 | −2.5% |
| Kerrisdale | $1.2M | −1.8% | $4,060 | too few |
| West End | $807K | −1.8% | $2,751 | −0.6% |
| Fairview & False Creek | $870K | −1.5% | $3,004 | 0% |
| Point Grey | $1.16M | −0.6% | $3,898 | too few |
| Arbutus & Quilchena | $1.19M | −0.6% | $4,019 | 0% |
| Renfrew | $596K | +0.6% | $2,008 | too few |
Questions buyers and owners ask
Assessments, explained.
- How much did Vancouver assessments change for 2026?
- On the City of Vancouver's 2026 roll, the typical condo or townhouse was assessed −4.7% versus 2025 (median $796K), and the typical house or duplex lot −5.3% (median $2.23M). 96% of house lots and 79% of strata homes were assessed lower than the year before.
- What date is the 2026 assessment based on?
- BC Assessment values every property as of July 1, 2025, based on its physical condition on October 31, 2025. Notices are mailed in early January 2026, so the value can lag what homes sell for by six months or more.
- Is assessed value the same as market value?
- No. The assessment is a mass-appraisal estimate for taxation, made from a single valuation date. Across the City of Vancouver, homes currently for sale are asking a median −0.3% versus assessment for condos and +1.3% for houses — but individual homes vary widely with condition, renovations and views the assessor can't see.
- Does a lower assessment mean lower property taxes?
- Not necessarily. The City sets its tax rate to raise its budget, so your bill depends on how your value changed relative to the average. If your assessment fell less than the typical property, your share of the tax rises. The median effective 2026 rate was about 0.461% of value for houses and 0.336% for strata homes, before the home owner grant.
- Why is most of a Vancouver house assessment land value?
- Because land is scarce. For the typical Vancouver house lot on the 2026 roll, land made up 91% of the total assessed value; for strata homes it was 75%. That's why older houses on big lots are often assessed close to land value alone.
- How do I appeal my BC assessment?
- Contact BC Assessment first with evidence such as recent nearby sales. If you still disagree, file a Notice of Complaint to the Property Assessment Review Panel by January 31 of the assessment year. Owners commonly appeal when the property data is wrong (size, bedrooms, condition) or when comparable homes are assessed lower.
How these numbers are made. Medians come from every residential property on the City of Vancouver’s 2026 property tax report. “Change” is the median of each property’s own year-over-year change; redevelopment and new-build jumps are excluded. Neighbourhoods are BC Assessment’s neighbourhood areas, named after the MLS® neighbourhoods their addresses fall in, so boundaries differ slightly from MLS® maps. Property tax is the gross levy before the home owner grant. “Asking vs assessed” compares active MLS® asking prices with each home’s own assessment (checked October 30, 2026), shown only where at least 15 listings matched. Frank’s figures, not BC Assessment’s or the City’s.