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Assessment Data · 2026

Southlands property
assessments.

The typical Southlands house lot was assessed −7.8% for 2026, at a median of $3.37M — #21 of 25 among Vancouver neighbourhoods. Condos and townhouses were assessed −5.1%, at a median of $2.53M (#20 of 30).

Valued as of July 1, 2025 · City of Vancouver property tax report · BC Assessment area 006

Houses & duplex lots

1,824 properties on the 2026 roll

$3.37M

Median 2026 assessment

$3.66M in 2025

−7.8%

Typical change, 2025 → 2026

+1.9% the year before

97%

Assessed lower than last year

3% went up

$13,871

Median 2026 property tax

Land is 89% of value

Condos & townhouses

164 properties on the 2026 roll

$2.53M

Median 2026 assessment

$2.66M in 2025

−5.1%

Typical change, 2025 → 2026

+5.6% the year before

90%

Assessed lower than last year

9% went up

$8,932

Median 2026 property tax

Land is 82% of value

Asking vs assessed

What sellers are asking today.

Southlands houses for sale are typically asking 5.2% above their assessed value (32 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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Southlands assessment questions.

How much did house assessments change in Southlands for 2026?
The typical Southlands house or duplex lot was assessed −7.8% for 2026 (median $3.37M), compared with −5.3% across the City of Vancouver. 97% were assessed lower than in 2025.
What is the average condo assessment in Southlands?
The median 2026 assessment for a Southlands condo or townhouse is $2.53M, −5.1% from 2025. The median property tax bill is $8,932 before the home owner grant.
Are Southlands homes selling above assessed value?
Frank can only show asking prices publicly. Southlands houses for sale are typically asking 5.2% above their assessed value (32 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 006 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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