Home valueDunbar-Southlands › 2987 40th Ave W

2987 40th Ave W, Vancouver V6N 3B3

FreeholdR1-1Built 1976
Estimated value
$4,650,000
Range $4.37M – $4.93M
2026 assessed$4,264,000
2025 assessed$4,235,000
Change+0.7%
Market factor×1.09

Estimate = 2026 assessed value × the median list-price/assessment ratio of 88 demo listings in Dunbar-Southlands 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$2,216,000
Improvements$2,048,000
Land share52%
2026 tax levy$17,982
ZoningR1-1 Residential Inclusive
NeighbourhoodDunbar-Southlands
PID005-866-987

Comparable properties on the roll

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

Address2026 assessed2025Built
2974 40th Ave W$3,038,000$3,226,0001987
2987 39th Ave W$3,517,000$3,742,0001989
2983 39th Ave W$3,600,000$3,826,0001988
2936 39th Ave W$3,083,000$3,257,0001991
2971 39th Ave W$3,995,000$4,254,0001988
2963 39th Ave W$3,510,000$3,735,0001989
2955 39th Ave W$3,401,000$3,618,0001984
5615 Mackenzie St$3,029,000$3,592,0001979