Home valueKensington-Cedar Cottage › 1048 40th Ave E

1048 40th Ave E, Vancouver V5W 1M4

FreeholdR1-1Built 1986
Estimated value
$2,030,000
Range $1.91M – $2.15M
2026 assessed$1,910,000
2025 assessed$1,995,000
Change-4.3%
Market factor×1.06

Estimate = 2026 assessed value × the median list-price/assessment ratio of 133 demo listings in Kensington-Cedar Cottage for this property type. Assessments reflect July 1, 2025 values; the demo listings are synthetic. Treat this as a first read, not an appraisal.

Assessment detail

Land$1,714,000
Improvements$196,000
Land share90%
2026 tax levy$9,753
ZoningR1-1 Residential Inclusive
NeighbourhoodKensington-Cedar Cottage
PID014-812-720

Comparable properties on the roll

Same neighbourhood, zoning and tenure, assessed within ±30%, built within 15 years, nearest first.

Address2026 assessed2025Built
1056 40th Ave E$1,793,200$1,877,5001978
1038 40th Ave E$1,910,000$1,995,0001986
1062 40th Ave E$1,822,000$1,907,0001978
1028 40th Ave E$2,047,000$2,138,0001994
1070 40th Ave E$1,916,000$2,001,0001987
1026 40th Ave E$2,112,000$2,202,0001996
1020 40th Ave E$1,910,000$1,994,0001986
1082 40th Ave E$2,006,000$2,088,0001998