Barrie Real Estate Appraisals

Coverage Area

Central Ontario

Barrie Real Estate Appraisals

Residential, Commercial & Industrial Property Appraisals in Barrie, Ontario

REX Valuations provides professional real estate appraisal and valuation services throughout Barrie, Ontario and the surrounding Simcoe County market. Our assignments include residential homes and condominiums, commercial and mixed-use properties, industrial buildings, office and retail properties, vacant and development land, and other specialized real estate.

Appraisals may be required for financing, acquisitions and dispositions, matrimonial and litigation matters, estate planning, taxation, expropriation, retrospective valuation and other purposes. REX Valuations prepares independent, well-supported valuation analyses in accordance with professional appraisal standards, including the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP).

Barrie Real Estate Market – Q2 2026

Barrie's real estate market remained active through the second quarter of 2026, but the market continued to favour careful property selection and realistic pricing rather than broad-based price appreciation.

Residential activity improved during the spring. In April 2026, seasonally adjusted Barrie home sales increased 18.8% from March, one of the strongest monthly increases among the Canadian markets monitored by Scotiabank and CREA. By June, however, substantial available inventory continued to give purchasers meaningful choice.

At the end of Q2, 191 residential properties sold in Barrie during June 2026 at an average selling price of approximately $653,944 and a median price of $643,500. There were 595 new listings and 946 active listings, with an average listing period of approximately 30 days. The sales-to-new-listings ratio was 32.3%, indicating that available supply remained significant relative to transaction activity.

Commercially, Barrie continued to benefit from its Highway 400 location, expanding employment base and role as the primary urban and service centre for much of Simcoe County. Q2 2026 also coincided with the implementation of Barrie's new Employment Lands Development Community Improvement Plan, intended to encourage employment-generating development through incentives including tax increment equivalency grants, planning and building permit fee grants, study grants and development-charge deferrals.

Residential Real Estate Market in Barrie – Q2 2026

Barrie's residential market entered the spring of 2026 with increasing transaction activity but considerably more available inventory than was characteristic of the highly competitive markets earlier in the decade. This created a market in which purchasers could generally compare multiple alternatives and negotiate based on property condition, location and recent comparable sales.

The MLS Home Price Index composite benchmark for Barrie was $631,500 in June 2026, approximately 8.2% below June 2025. The townhouse benchmark was approximately $511,100, down 14.4% year-over-year, while the apartment benchmark was approximately $403,300, down 14.0%. These figures indicate that the lower-density and condominium sectors were not moving uniformly and reinforce the importance of analyzing the specific property type being appraised.

June's average selling price of approximately $653,944 was above the MLS benchmark because average prices are affected by the mix of homes that happen to sell in a given month. For appraisal purposes, the distinction is important: neither a city-wide average price nor an HPI benchmark represents the market value of an individual property.

The wider Simcoe County market also became more active during Q2. County sales increased from approximately 658 in April to 790 in May and 788 in June. By June, Simcoe County's average selling price was approximately $765,000, although values varied considerably between Barrie and surrounding higher-value municipalities such as Springwater and Oro-Medonte.

What did Q2 2026 mean for Barrie homeowners?

The principal Q2 trend was greater activity without a corresponding return to rapidly rising prices. Buyers were participating in the market, but they remained selective. Properties that were appropriately priced relative to current comparable sales could attract interest, while properties priced according to older market conditions faced greater competition from available listings. For valuation purposes, this makes recent sales evidence particularly important — a sale from 2024 or early 2025 may reflect materially different market conditions from a comparable transaction occurring in the spring of 2026.

Barrie Q2 2026 Residential Market Snapshot

IndicatorQ2 2026 Quarter-End
Residential sales191
Average selling price$653,944
Median selling price$643,500
New listings595
Active listings946
Sales-to-new-listings ratio32.3%
Average days on market30 days
MLS HPI composite benchmark$631,500
HPI year-over-year change−8.2%
Townhouse benchmark$511,100 (−14.4%)
Apartment benchmark$403,300 (−14.0%)

Source: TRREB Market Watch, June 2026.

Residential Neighbourhoods in Barrie

Barrie contains a range of housing markets, and values can differ materially across relatively short distances.

Downtown Barrie & Waterfront

A combination of older detached housing, condominium apartments, townhouses and higher-density development. Proximity to Kempenfelt Bay, the downtown commercial district and waterfront amenities can be important value considerations.

Allandale

Established residential neighbourhoods south of downtown with proximity to the Allandale Waterfront GO Station. Older housing stock, redevelopment potential and differences in renovation quality can create significant variation between individual properties.

Ardagh & Holly

Established southwest Barrie residential areas containing detached homes, townhouses and newer subdivisions. Lot characteristics, age, construction quality and access to Essa Road, Mapleview Drive and Highway 400 are relevant valuation considerations.

Painswick, Bayshore & Innishore

Substantial suburban residential development in Barrie's southeast, including detached homes and townhouse developments. Benefits from proximity to Barrie South GO Station, Yonge Street and south Barrie commercial areas.

East End, Codrington & Georgian Drive

Established housing with properties influenced by proximity to Georgian College and Royal Victoria Regional Health Centre.

Little Lake & North Barrie

Substantial condominium and higher-density development alongside established residential areas.

Salem & Hewitt's (South Barrie)

Important future-growth areas resulting from Barrie's 2010 boundary expansion, planned to accommodate more than 40,000 additional residents and 10,000 jobs across two secondary plan areas.

Commercial Real Estate Market in Barrie – Q2 2026

Barrie functions as the principal commercial, institutional and employment centre in the central Simcoe County market. Its commercial property inventory includes industrial buildings, warehouses, manufacturing facilities, neighbourhood and regional retail, office buildings, medical office space, automotive properties, mixed-use buildings and development land.

Unlike the residential market, standardized Barrie-specific Q2 2026 commercial vacancy and rental statistics are not consistently published by the major national brokerage firms. For that reason, a defensible Barrie market analysis should not simply adopt GTA vacancy rates or unsupported local estimates and label them as Barrie statistics.

Barrie ranked among the top ten Ontario municipalities for non-residential building-permit value during Q2 2026, ranking ninth in one Statistics Canada-based municipal comparison. It also ranked tenth for commercial permit value. The City's Employment Lands Development CIP also became effective during Q2, specifically intended to encourage employment-generating development and accelerate development of Barrie's designated employment lands.

Industrial Property in Barrie

Industrial real estate is an important component of the Barrie commercial market. The city's location along Highway 400 provides direct access south toward the Greater Toronto Area and north toward Orillia, Muskoka and Northern Ontario, supporting manufacturing, distribution, service-industrial and warehousing uses.

Barrie's existing industrial inventory is concentrated around several established employment districts, including the Bayview Drive/Welham Road/Caplan Avenue area, Highway 400 employment lands and industrial areas around Mapleview Drive and Essa Road.

New industrial construction was also reaching the market during Q2 2026. JLL marketed a newly constructed 11,799-square-foot industrial building at 50 Ironstone Crescent in Bayview Point Industrial Park, with 24-foot clear height, modern shipping facilities, municipal servicing and permitted outside storage.

Industrial property valuation in Barrie may consider recent comparable sales, market rents, capitalization rates and the value of the underlying land, depending on the nature of the assignment. A modern distribution building near a Highway 400 interchange competes in a different market from an older small-bay industrial property even where the two properties are located within the same municipality.

Key industrial valuation factors

  • Building size and clear height
  • Truck-level and drive-in shipping
  • Office percentage
  • Site coverage and yard area
  • Outside storage permissions
  • Building age and condition
  • Electrical capacity and specialized improvements
  • Highway 400 accessibility
  • Zoning and permitted use
  • Excess or surplus land
  • Environmental considerations
  • Redevelopment or expansion potential

Office and Commercial Property in Barrie

Barrie's office market is supported by government, professional services, healthcare, education and the city's function as a regional service centre. Office concentrations include the downtown area, Bell Farm Road/Duckworth Street, the Georgian Drive/Royal Victoria Regional Health Centre area, Bayview Drive and several suburban commercial corridors.

The City's Official Plan specifically identifies lands near Duckworth Street and Bell Farm Road for the Strategic Employment and Economic District (SEED) concept, intended to support economic activity including innovation, business incubation and acceleration.

Office appraisal values can vary materially depending on building quality, parking availability, tenant profile, lease terms, accessibility, medical use permissions, vacancy and proximity to institutional anchors.

Retail and Mixed-Use Property in Barrie

Barrie's principal retail corridors include Bayfield Street, Mapleview Drive, Essa Road, Dunlop Street and Yonge Street. The Highway 400/Mapleview Drive area contains major regional retail and automotive uses, while Bayfield Street serves as a major north Barrie retail corridor. Downtown Barrie has a different commercial character, with smaller storefronts, restaurants, professional uses and mixed commercial-residential buildings.

The growing residential population surrounding these districts supports retail demand, but valuation must still account for frontage, visibility, access, parking, unit configuration, tenant covenant and lease structure.

Mixed-use development is becoming increasingly relevant in Barrie's intensification areas. In 2026, an application at 145 Bradford Street and 48 Ellen Street proposed five mixed-use towers ranging from 51 to 61 storeys, scheduled for a public meeting in April 2026.

What Drives Real Estate Values in Barrie?

Barrie's economic base is substantially broader than that of many surrounding Simcoe County municipalities. The City's 2025 Business & Employer Data Survey identified 4,389 active brick-and-mortar businesses. Responding businesses accounted for approximately 64,619 jobs, including 43,263 full-time, 18,425 part-time and 2,931 seasonal positions. The City describes Barrie's economy as well diversified, with no single industry representing more than 19% of the business base or surveyed employment.

Healthcare & Life Sciences

Invest Barrie estimated that health care and social assistance accounted for approximately 13,899 jobs in 2025, an increase of 29.8% from 2020. Royal Victoria Regional Health Centre and the surrounding healthcare ecosystem contribute to demand for medical office, professional services and housing.

Manufacturing

The City reported in 2025 that Barrie was home to more than 300 manufacturing businesses employing more than 7,400 people. Manufacturing supports demand for industrial buildings, service-commercial space and employment land.

Other important sectors include retail, education, professional and technical services, construction, tourism and public administration.

Major Commercial and Employment Areas in Barrie

Highway 400 / Mapleview Drive

One of Barrie's most significant commercial nodes. The area includes major-format retail, automotive uses, restaurants and nearby industrial/employment properties. Highway access is a major value consideration.

Bayfield Street / Highway 400

A major retail and service-commercial corridor in north Barrie, with regional shopping facilities, restaurants, automotive uses and commercial properties extending north and south of Highway 400.

Bayview Drive / Welham Road / Caplan Avenue

One of Barrie's established industrial and employment districts, containing manufacturing, warehousing, flex-industrial, service-commercial and office uses.

Bell Farm Road / Duckworth Street

Contains office, healthcare, institutional and employment uses and is specifically recognized within Barrie's Official Plan through the SEED employment concept.

Downtown Barrie

Characterized by retail storefronts, restaurants, office space, mixed-use buildings, heritage properties and increasing residential development. Downtown valuations frequently require consideration of redevelopment potential, heritage issues, parking and the relationship between land value and existing improvements.

South Barrie Employment Lands

The Salem and Hewitt's areas represent an important component of Barrie's longer-term residential and employment growth. Servicing, development timing, zoning and planning status can be particularly significant when valuing undeveloped land in these areas.

Transportation and Accessibility

Barrie's transportation network is a significant influence on both residential and commercial property demand. Highway 400 is the city's principal regional transportation corridor and provides access south toward the GTA and north toward Central and Northern Ontario. Commercial nodes have developed around several Highway 400 interchanges, including Bayfield Street, Essa Road and Mapleview Drive.

Transportation accessibility can influence industrial shipping costs, employee access, office location decisions and residential demand, although its effect on market value must be measured using actual market evidence rather than assumed premiums.

Allandale Waterfront GO Station

24 Essa Road. The new Barrie Allandale Transit Terminal opened September 2025 beside this station, strengthening connections among Barrie Transit, GO Transit, Ontario Northland, the GTA and Northern Ontario.

Barrie South GO Station

833 Yonge Street. GO operates rail and bus service between Barrie and Toronto along the Barrie Line, serving the growing southeast residential communities.

Development, Planning and Zoning in Barrie

Barrie's Official Plan 2051 is now in effect and provides the City's long-term policy framework for residential, commercial and employment growth. The Plan was prepared to accommodate approximately 298,000 residents and 150,000 jobs by 2051.

Barrie's current principal zoning instrument remains Comprehensive Zoning By-law 2009-141, while the City continues work on a replacement comprehensive zoning by-law intended to implement Official Plan 2051. This distinction can be important in an appraisal: an Official Plan designation describes the municipality's policy intent, while the zoning by-law establishes more specific permitted uses and development standards. They should not be treated as interchangeable.

Following boundary changes effective January 1, 2026, some newly incorporated lands remain subject to the former Springwater or Oro-Medonte zoning by-laws until new Barrie zoning is passed for those areas. This makes parcel-specific planning research particularly important when valuing development land or properties near the expanded municipal boundary.

What Affects Property Value in Barrie?

There is no single "Barrie price per square foot" that reliably determines market value. A professional appraisal considers the specific competitive market for the property, rather than applying a municipal average to an individual asset.

Residential

  • –Neighbourhood
  • –Dwelling type
  • –Lot size and building size
  • –Condition and renovation quality
  • –Garage and parking
  • –Waterfront influence
  • –Proximity to transit
  • –Recent comparable sales

Commercial & Industrial

  • –Zoning and permitted use
  • –Market rent and vacancy
  • –Lease terms and tenant quality
  • –Operating expenses
  • –Capitalization rates
  • –Building utility and clear height
  • –Shipping and site coverage
  • –Access and visibility

Vacant & Development Land

  • –Official Plan designation
  • –Zoning
  • –Permitted density and use
  • –Servicing availability
  • –Development timing
  • –Environmental and natural heritage constraints
  • –Road access
  • –Site configuration
  • –Development charges
  • –Planning approvals
  • –Highest and best use

Real Estate Appraisal Services in Barrie

REX Valuations provides appraisal and valuation services for a range of Barrie properties, including commercial, office and industrial properties; residential properties; vacant and development land; investment properties; and specialized real estate.

Assignments may be required for

  • Financing
  • Acquisition or disposition
  • Estate matters
  • Matrimonial proceedings
  • Litigation support
  • Property taxation
  • Expropriation
  • Insurance
  • Investment analysis
  • Retrospective valuation

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