Alpine Place, Winnipeg - August 2026 Real Estate Report

Alpine Place, Winnipeg: Your Neighbour Just Asked What Their House Is Worth - Here's the Real Answer

The Vibe Right Now

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Alpine Place is holding its ground. Values are moving up, not down, and that matters a lot heading into summer.

Houses - Steady and Climbing

The average HonestDoor Price for a house in Alpine Place sits at $354,865, up 0.41% from the previous period. The predicted market value is $353,400, and here's the part worth paying attention to - that number is climbing above the 3-month moving average of $347,643. That's momentum, not a fluke.

On the neighbourhood leaderboard, Alpine Place houses rank 56 out of 193 in Winnipeg for growth. That puts us solidly in the above-average tier. We're not leading the pack, but we're well ahead of the middle of the road.

• Average HonestDoor Price: $354,865
• Predicted Market Value: $353,400
• 3-Month Moving Average: $347,643
• Recent Value Change: 2.40%
• Growth Rank: 56 out of 193 in Winnipeg (above average)
• Average Rental Estimate: $1,877 per month
• Rental Yield: 5.91% - that's a strong return
• Airbnb Estimate: $94 per night

That 5.91% rental yield is worth a second look. For anyone thinking about holding a property as an investment, Alpine Place houses are punching well. A rental estimate of $1,877 per month against current values gives you real income, not just paper gains.

How do we stack up against the neighbours? St. George comes in at $371,674 and Varennes at $357,653 - both slightly ahead of us. Niakwa Place is in a different league at $506,831. We're priced accessibly compared to the area, which is actually a selling point, not a weakness.

Condos - A Different Story

The condo picture in Alpine Place is more nuanced, so let's be honest about it. The average HonestDoor Price for condos is $3,261,790 - up 0.11% - and the predicted market value is $3,258,096, rising above the 3-month average of $3,223,342. On the growth leaderboard, condos rank 27 out of 175 in Winnipeg. That's top performer territory.

• Average HonestDoor Price: $3,261,790
• Predicted Market Value: $3,258,096
• 3-Month Moving Average: $3,223,342
• Recent Value Change: 1.61%
• Growth Rank: 27 out of 175 in Winnipeg (top performer)
• Average Rental Estimate: $8,774 per month
• Rental Yield: 2.22%
• Airbnb Rank in Winnipeg: 27
• Days on Market: 14 days average
• Properties Sold for 95% of List Price

The catch? The rental yield on condos is 2.22% - moderate at best. And recent sale data shows condos are moving at 95% of list price, meaning buyers are negotiating. The average sale price came in at $177,600, down 1.2% from last month, while listings are sitting at $199,900. That gap tells you buyers have some room to push back right now. If you're a condo seller, pricing sharp from day one matters more than ever. Properties are moving in about 14 days, which is actually pretty quick - so the demand is there, just not at any price.

The Secret Sauce - Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

Here's the thing most homeowners don't realize. Your city assessment is a snapshot frozen in time - often reflecting what the market looked like a year or more ago. It doesn't know that your street's values have moved 2.40% recently. It doesn't know that the 3-month trend is pointing upward.

The HonestDoor Price is updated in real time. It's pulling from actual market movement right now, not from a government office playing catch-up. For a house in Alpine Place currently assessed well below $354,865, that difference isn't just a number - it's equity you might not even know you have. If you're refinancing, selling, or just curious, the HonestDoor Price is the real-world check that tells you where you actually stand today.

The "So What?" - Thinking About Selling This Summer?

For house sellers, the timing is decent. Values are above the 3-month average, growth is ranked above average in the city, and rental demand is strong enough that buyers see real value here. You're not in a feeding frenzy market, but you're not taking a breather either. Price it right and you'll find a buyer.

For condo sellers, be realistic. Buyers are landing deals at 95% of list price, and the recent average sale came in under $200,000. The growth rank is impressive, but the day-to-day sale data says buyers are in the driver's seat right now. A sharp list price beats a wishful one every time in this environment.

Bottom line - Alpine Place is a solid, stable neighbourhood with real upside for house owners and a fast-moving condo market that rewards smart pricing. Check your HonestDoor Price before you make any moves. It's the number that actually reflects today, not last year.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.