Overview & Character
Dunbar represents the pinnacle of Vancouver family living—a neighbourhood where tree-lined streets meet forest trails, where top-rated schools serve engaged families, and where community spirit thrives in village shops and park gatherings. Located on Vancouver’s westside between Pacific Spirit Regional Park and the broader Kerrisdale area, Dunbar delivers what many consider the ideal balance of suburban space and urban convenience.
The neighbourhood’s character is distinctly residential and family-oriented. Large homes sit on generous lots, mature trees provide canopy cover over quiet streets, and Pacific Spirit Park’s 750 hectares of forest create a backyard wilderness that most urban neighbourhoods can only dream of. Children walk to school, families cycle to the beach, and dogs enjoy some of Vancouver’s best off-leash areas.
What sets Dunbar apart is its completeness as a family community. Here you’ll find not just beautiful homes, but the schools, parks, shops, and neighbours that make a true community. It’s the kind of neighbourhood where families put down roots for generations.
History & Heritage
Dunbar takes its name from Charles Dunbar, an early Vancouver surveyor who helped lay out the city’s street grid. The neighbourhood developed primarily in the 1920s and 30s as Vancouver expanded westward, with additional growth in the post-war era.
The housing stock reflects this history: Tudor Revival homes from the 1930s stand alongside Craftsman bungalows and post-war ranches. Unlike some Vancouver neighbourhoods where heritage homes have been replaced wholesale, Dunbar has retained much of its original character while accommodating sensitive updates and infill.
Pacific Spirit Regional Park, which defines Dunbar’s western edge, was preserved through citizen activism in the 1980s when development threatened the UBC Endowment Lands. Today, the park’s protection ensures that Dunbar will forever have forest at its doorstep.
Real Estate Market Analysis
Current Market Conditions
Dunbar commands premium prices reflecting its desirability and limited supply.
Single-Family Homes: Properties on standard 33-foot lots typically range from $2.2 to $3.2 million. Larger lots (50’+) range from $3.0 to $4.5 million. Premium properties—corner lots, exceptional homes, or lots backing onto the park—can exceed $5 million.
Character Homes: Original Tudor and Craftsman homes in good condition command premiums from heritage-minded buyers, typically 10-15% above comparable newer construction.
Townhouses: The limited townhouse supply typically ranges from $1.5 to $2.5 million, with newer developments at the higher end.
Investment Potential
Dunbar investment considerations:
- Land Value: High land values support development but require premium execution
- Rental Demand: Strong from UBC-affiliated families and professionals
- Character Premium: Heritage properties attract specific buyer segment
- Development Potential: Larger lots offer multiplex opportunities
Market Dynamics
Dunbar values are supported by:
- Limited supply and high barriers to entry
- Exceptional school catchments
- Pacific Spirit Park access
- UBC proximity for employment and amenities
Community & Amenities
Pacific Spirit Regional Park
The park defines Dunbar’s character:
- 750 Hectares: One of the largest urban forests in North America
- 73 Kilometers of Trails: Hiking, running, cycling, and horseback riding
- Dog Paradise: Extensive off-leash areas
- Wildlife Habitat: Home to coyotes, owls, eagles, and diverse bird species
Dunbar Village
- Independent Shops: Bookstores, toy stores, specialty food
- Restaurants & Cafes: Family-friendly dining options
- Services: Banks, pharmacy, professional services
- Community Gathering: Farmers markets and neighbourhood events
Schools & Education
Dunbar is renowned for its schools:
- Lord Byng Secondary: Consistently top-ranked public high school
- Dunbar Elementary: Popular neighbourhood elementary
- Queen Elizabeth Elementary: Additional elementary option
- Private Schools: Near Crofton House, St. George’s, York House
Recreation
- Dunbar Community Centre: Programs for all ages
- UBC Facilities: Access to university athletics, pools, and programs
- Jericho Beach: Short bike ride to beach and sailing centre
Multiplex Development Opportunities
Considering a Multiplex in Dunbar?
With Vancouver's new zoning regulations, your lot may qualify for multiplex development. Get a free assessment of your property's development potential.
Dunbar presents multiplex opportunities for builders capable of premium execution on high-value sites.
Why Dunbar Works (For the Right Projects)
- End Values: Strong demand for family-sized units supports premium pricing
- Large Lots: Many 50’+ lots enable 6-unit developments
- Rental Market: UBC and hospital workers create professional tenant base
- Quality Focus: Market rewards excellent design and finishes
Development Economics
Dunbar multiplex development requires careful analysis:
- Land (50’ lot): $3.0-4.0M
- Construction: $380-450/sf for premium finish
- End Units: $900K-1.4M for well-designed family units
- Rental Rates: $2,800-4,000 for premium units
Strategic Considerations
- Premium Positioning: Market rewards quality; don’t compromise
- Family Focus: 3-bedroom units with storage perform best
- Parking: Essential in this car-oriented neighbourhood
- Design Quality: Neighbourhood expects architectural merit
Working With Greyden Douglas in Dunbar
My approach to Dunbar combines deep neighbourhood knowledge with honest market guidance:
- Market Expertise: Understanding what drives value in specific blocks
- School Knowledge: Guiding families on catchment implications
- Development Experience: Evaluating multiplex feasibility
- Long-term Perspective: Helping families find homes for generations
Whether buying your family’s forever home, selling a cherished property, or evaluating development opportunities, I provide the expertise Dunbar’s premium market demands.
Ready to Explore Dunbar?
Whether you're buying, selling, or exploring multiplex opportunities in Dunbar, I'm here to help. With nearly 20 years of Vancouver real estate experience, I'll guide you through every step.