Is a home listed below its BC Assessment automatically a good deal?

No — and anyone who tells you otherwise is selling something. Assessed values are set each July 1 and can lag a softening market, and some below-assessment listings reflect condition issues, strata problems, or teardown value. That's exactly why the weekly list flags the size of each gap and, where possible, the likely reason for it, so you can tell a genuine opportunity from a mirage.

Metro Vancouver · Updated Weekly

Homes listed below their assessed value — the full list, every week

Q: Where does the assessment data come from?

Assessed values for City of Vancouver properties are drawn from the City of Vancouver's Open Data portal (Open Government Licence – Vancouver). For other municipalities, gaps are as stated in public listing information by the listing agent. Every figure can be independently verified on BC Assessment's public website.

Q: How current is the list?

The list is refreshed weekly from active MLS® listings across Metro Vancouver. Homes that sell or are relisted at new prices drop off; new below-assessment listings are added.

BC Assessment says the property is worth one number. The seller is asking less. In today's buyer's market those gaps are the widest in years — if you know where to look.

Get every Metro Vancouver home currently listed below its BC Assessment value, with addresses and the size of each gap, free in your inbox each week.

Over 80% of Metro Vancouver homes sold below asking price in 2025. Assessments haven't caught up — and that's the opportunity.

On this week's list

A sample from the current list of 23 homes. Full addresses and listing details arrive in the weekly email.

Area	Home	Asking price	Address	vs. 2026 assessment
Grandview-Woodland, Vancouver	5-bed character house	$1,688,000	🔒 In the email	$292,000 below (−14.7%) ✓ verified
Killarney, Vancouver	7-bed house	$1,379,000	🔒 In the email	$179,200 below (−11.5%) ✓ verified
West End, Vancouver	2-bed condo, 963 sf	$919,000	🔒 In the email	Below assessment*
River District, Vancouver	2-bed condo, 1,141 sf	$859,000	🔒 In the email	Below assessment*
Lower Lonsdale, North Vancouver	2-bed condo, 904 sf	$799,000	🔒 In the email	Below assessment*
Brentwood, Burnaby	3-bed townhome, 1,711 sf	$1,099,000	🔒 In the email	Below assessment*
Vancouver Heights, Burnaby	4-bed house, 2,193 sf	$1,549,000	🔒 In the email	Below assessment*
Central City, Surrey	2-bed condo, 722 sf	$549,000	🔒 In the email	Below assessment*
Port Moody Centre	4-bed house, 2,701 sf	$1,790,000	🔒 In the email	Below assessment*
New Westminster	3-bed character house	$1,198,000	🔒 In the email	Below assessment*

✓ verified = asking price compared against the property's 2026 assessed value in City of Vancouver open data. * = below assessment as stated in the public listing by the listing agent. Sample as of July 7, 2026. Get the full list →

Why would a home sell for less than its assessment?

An honest answer — because not every gap is a bargain, and knowing the difference is the whole game.

Assessments lag the market

Your 2026 assessed value reflects what BC Assessment estimated the property was worth on July 1, 2025. In a softening market, asking prices move faster than the assessment roll — which creates real, honest gaps on well-kept homes.

Motivated sellers price to move

Estates, relocations, presale completions, and investors exiting the market often price below assessment deliberately to attract attention and sell quickly. These are frequently the best opportunities on the list.

Sometimes the discount is deserved

Condition issues, difficult strata minutes, leasehold land, or teardown value can all explain a low price. A big gap on paper can be no deal at all — this is where a trained eye on the actual property matters.

The gap is a starting point, not a verdict

Treat "below assessment" as a signal to investigate, not proof of value. The weekly email flags the size of each gap so you can decide which ones are worth a closer look — and Reggie can tell you why the gap exists.

How it works

Three steps, no cost, unsubscribe anytime.

Sign up free

Enter your email above. You'll be added to the weekly list — no spam, one email a week.

Scan the gaps weekly

Every week: each Metro Vancouver home listed below its BC Assessment value, with the address, asking price, and size of the gap.

Investigate the real ones

See something interesting? Reply to any email. Reggie will tell you honestly whether the gap is opportunity or mirage — and help you move fast when it's real.

Reggie MacIntosh

People-focused. Design-driven. Solution-oriented.

A below-assessment price tells you something is going on — but not what. As a REALTOR® with an architecture background and years of designing, renovating, and building homes, Reggie brings a trained eye to every gap on this list: what's cosmetic, what's structural, what a fix really costs, and what a property could become.

That judgment is the difference between buying a genuine discount and inheriting someone else's problem. Learn more at reggiemacintosh.com.

Common questions

The honest version.

Is a home listed below assessment automatically a good deal?

No — and anyone who tells you otherwise is selling something. Assessments lag the market, and some low prices reflect condition, strata, or land issues. The list flags the size of each gap so you can judge which ones deserve a closer look; Reggie can help you figure out why the gap exists before you offer.

Where does the assessment data come from?

Assessed values for City of Vancouver properties come from the City of Vancouver's Open Data portal (Open Government Licence – Vancouver). For other municipalities, "below assessment" is as stated in the public listing by the listing agent. You can verify any property yourself on BC Assessment's public site.

What does this cost?

Nothing. The weekly list is free. If you eventually buy a home with Reggie as your agent, he is paid the standard buyer-agent commission from the transaction, like any purchase.

How current is the list?

It's rebuilt weekly from active Metro Vancouver listings. Sold and relisted homes drop off; new below-assessment listings are added. In a fast-moving segment, the email is the freshest version — the sample on this page is a snapshot.