West Coast Ivana Blog


Real Estate Trends for Port Moody – BC Assessment Review

 

Port Moody values have increased significantly since 2020. The value of detached homes grew 39% from 2020 to 2023, and with a benchmark price of $2,077,000.00 at the end of 2023.  Reduced inventory and multiple-offers, paired with location to trails, buyers in 2020 and 2021 sought out areas that would compliment their work-from-home lifestyle.

According to BC Assessment  one of the top 500 properties made it to the list in Port Moody.

Ranking: 430
1300 Ioco Rd Port Moody
Type: AcreageTotal Value = $12,853,000
Improvement Value = $596,000
Land Value = $12,257,000

 

Most affordable Detached homes – PORT MOODY CENTRE
with a benchmark price of $1,757,252 

Most affordable Townhome – NORTH SHORE PORT MOODY
with a benchmark price of $794,900

Most affordable attached condo – COLLEGE PARK PORT MOODY
$508,900

For more market updates click below to get your weekly news for Port Moody’s new listings, sold properties and price adjustments.