Vancouver · British Columbia

Dunbar and Shaughnessy: Verified Specialists for Vancouver's Prestige Detached Market

Dunbar and Shaughnessy represent the top of Vancouver's housing market, tree-lined streets of heritage mansions and prestige detached homes on the city's west side. That segment has seen the steepest correction of the cycle: Greater Vancouver REALTORS reported a detached benchmark of $1,840,700 in April 2026, down 8.3% year-over-year, the largest annual decline of any property type. For luxury buyers, that has opened genuine opportunity; for sellers, it makes precise pricing and discreet marketing essential. Transactions at this level carry their own tax and legal complexity, so we present one verified expert in each profession.

Sector professionals

Real Estate Broker Leo Wilk ★ 5 (125)
93 /100
Verified
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Mortgage Broker Thrive Mortgage ★ 5 (378)
58 /100
Partial
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Home Inspector Mark Goodwin ★ 5 (283)
90 /100
Verified
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Real Estate Lawyer Bahar Mashreghi ★ 5 (263)
84 /100
Verified
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Certified Appraiser Gloria S. Battiston
51 /100
Partial
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Real estate market data

The Metro Vancouver detached benchmark was $1,840,700 in April 2026, down 8.3% year-over-year, the steepest annual decline of any property type, defining the high-end detached market of Dunbar and Shaughnessy.

Source : Greater Vancouver REALTORS (REBGV), Metro Vancouver MLS statistics, April 2026 (released May 2026). https://www.gvrealtors.ca/market-watch/monthly-market-report/april-2026.html

Expert guides by profession

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Best certified appraiser
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Frequently asked questions

Why has the luxury detached market fallen the most?

High-end homes are the most sensitive to interest rates and buyer sentiment, so they move first and hardest in a correction. The detached benchmark fell 8.3% year-over-year to $1,840,700 in April 2026, the largest annual decline of any property type, even as detached sales volumes rose. (Greater Vancouver REALTORS, April 2026.)

What extra taxes apply to high-value homes in Dunbar and Shaughnessy?

Beyond the tiered Property Transfer Tax, BC adds a further 2% on the residential value above $3 million, and an additional school tax applies annually to homes assessed above $3 million. Vacant high-end homes may also face the Empty Homes and Speculation taxes. (BC Ministry of Finance; City of Vancouver.)

Is now a good time to buy a prestige home on the west side?

For patient buyers, the opening is real. With the detached benchmark down 8.3% from a year earlier and inventory elevated, negotiating leverage is the strongest in years. The risk is that thin luxury comparables make pricing tricky, so independent valuation matters more than ever. (Greater Vancouver REALTORS, April 2026.)