These are the most valuable homes in Ridge Meadows

The typical assessed value of a residential property in the City of Maple Ridge has dropped by about three per cent, and in Pitt Meadows by four per cent, according to the BC Assessment authority, as a softening real estate market continues to be felt.

Maple Ridge properties dropped from 1,223,000 to 1,183,000 while in Pitt Meadows the drop went from 1,285,000 to 1,239,000.

The most valuable residential properties in Maple Ridge are at 12498 – 232 St. and 12930 – 203 St., with both valued at more than $7 million, with 27031 – 112 Ave. coming in at $5.3 million.

The top-three properties are mostly barren land waiting to be developed. The most valuable actually house is on acreage at 13035 Alouette Rd. (pictured above).

The 2026 property assessments, which reflect market value as of July 1, 2025, were recently announced for property owners of about 1,140,000 properties throughout the Lower Mainland.

The updated property values are now available at bcassessment​.ca in addition to 2026 Property Assessment Notices being mailed to each property owner.  

Overall, the Lower Mainland total assessments have decreased from about $2.01 trillion in 2025 to about $1.92 trillion this year. Almost $24 billion of the region’s updated assessments is from new construction, subdivisions and the rezoning of properties. The Lower Mainland region includes all of Greater Vancouver, the Fraser Valley as well as the Sea to Sky area and the Sunshine Coast. 

“The softening housing market is being reflected in 2026 property assessments,” said BC Assessment Assessor Bryan Murao. “Many homeowners throughout the Lower Mainland can expect some decreases in assessed value with most changes ranging between -10% to 0%.”