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Assessment Data · 2026

South Vancouver property
assessments.

The typical South Vancouver house lot was assessed −4.5% for 2026, at a median of $1.88M — #5 of 25 among Vancouver neighbourhoods. Condos and townhouses were assessed −6.3%, at a median of $919K (#27 of 30).

Valued as of July 1, 2025 · City of Vancouver property tax report · BC Assessment area 017

Houses & duplex lots

5,566 properties on the 2026 roll

$1.88M

Median 2026 assessment

$1.97M in 2025

−4.5%

Typical change, 2025 → 2026

−1.4% the year before

96%

Assessed lower than last year

3% went up

$8,805

Median 2026 property tax

Land is 89% of value

Condos & townhouses

751 properties on the 2026 roll

$919K

Median 2026 assessment

$883K in 2025

−6.3%

Typical change, 2025 → 2026

−5.3% the year before

95%

Assessed lower than last year

4% went up

$3,148

Median 2026 property tax

Land is 73% of value

Asking vs assessed

What sellers are asking today.

South Vancouver condos and townhouses for sale are typically asking 4.2% below their assessed value (20 matched listings).

South Vancouver houses for sale are typically asking about their assessed value (76 matched listings).

Asking prices on October 30, 2026, matched to each home’s own 2026 assessment. Asking isn’t selling — members can compare actual sales.

Homes for sale

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South Vancouver assessment questions.

How much did house assessments change in South Vancouver for 2026?
The typical South Vancouver house or duplex lot was assessed −4.5% for 2026 (median $1.88M), compared with −5.3% across the City of Vancouver. 96% were assessed lower than in 2025.
What is the average condo assessment in South Vancouver?
The median 2026 assessment for a South Vancouver condo or townhouse is $919K, −6.3% from 2025. The median property tax bill is $3,148 before the home owner grant.
Are South Vancouver homes selling above assessed value?
Frank can only show asking prices publicly. South Vancouver condos for sale are typically asking 4.2% below their assessed value (20 matched listings). South Vancouver houses for sale are typically asking about their assessed value (76 matched listings). Asking prices are not sale prices; members can compare actual sales on Frank.

Other Vancouver neighbourhoods

Medians from every residential property in BC Assessment area 017 on the City of Vancouver’s 2026 property tax report; boundaries differ slightly from MLS® neighbourhoods. Property tax is the gross levy before the home owner grant. Frank’s figures, not BC Assessment’s or the City’s. How these numbers are made

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