Alpine Place, Winnipeg - July 2026 Real Estate Report

Alpine Place, Winnipeg: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here Is the Real Answer.

The Vibe Right Now

If you have been watching the "For Sale" signs in Alpine Place, here is what is actually happening. The market is not crashing and it is not on fire. It is doing something more interesting - it is holding steady while quietly rewarding the people who pay attention.

Alpine Place sits at a solid mid-range price point in Winnipeg, and the numbers back that up. Houses are the stronger story right now. Condos are a more complicated picture. Let us break both down.

Houses in Alpine Place

The average HonestDoor Price for a house here is $353,400 - up 2.40% from the previous period. That is real, measurable growth. Not explosive, but steady and in the right direction.

• Average HonestDoor Price: $353,400 (up 2.40%)
• Predicted market value: $345,118
• 3-month moving average: $350,933 (current value is slightly below this, worth watching)
• Average rental estimate: $1,871 per month
• Rental yield: 5.92% - that is a strong return by any measure
• Airbnb estimate: $92 per night
• Neighbourhood growth rank: 72 out of 193 in Winnipeg - above average

That 5.92% rental yield is the number that should catch your eye. It means if you own a house in Alpine Place and you are not renting it out, you are leaving real money on the table. For investors, this neighbourhood competes well against pricier options nearby.

On the leaderboard, Alpine Place houses rank 72nd out of 193 Winnipeg neighbourhoods for growth. That puts us in the top 37%. Not the flashiest address in the city, but solidly above the pack.

Compare that to the neighbours. Niakwa Place is sitting at an average HonestDoor Price of $499,742 - nearly $150,000 more than Alpine Place. St. George comes in at $371,610. Varennes is almost identical to us at $353,477. Alpine Place is priced competitively, and that matters a lot to buyers who have been priced out of Niakwa Place.

Condos in Alpine Place

The condo picture here is a bit different, and we should be honest about that.

• Average HonestDoor Price: $3,258,096 (up 1.61%)
• Predicted market value: $3,206,551
• 3-month moving average: $3,126,574 (current value is above this - a positive signal)
• Average sale price this period: $179,700 (down 5.4% from last month)
• Average listing price: $199,900
• Price per square foot: $154
• Sale-to-list ratio: 95% - buyers are negotiating below asking
• Days on market: 14 days
• Rental estimate: $8,750 per month
• Airbnb estimate: $435 per night
• Transactions in 2026: 3

The condo market here is taking a breather. Sale prices are down 5.4% from last month, and buyers are paying about 95 cents on the dollar of asking price. That is a buyers' market signal. Only 1 condo sold recently, so we are working with a thin data set - but the direction is worth noting if you are a condo owner thinking about timing.

The 14-day average days-on-market is actually a bright spot. That ranks 13th out of 55 comparable neighbourhoods in Winnipeg for speed. Condos here are not sitting around collecting dust - they are moving. The price softness is the issue, not the demand.

On the growth leaderboard, Alpine Place condos rank 75th out of 190 Winnipeg neighbourhoods. Above average, but not leading the pack.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is something most Alpine Place homeowners do not think about until it is too late. Your city assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what the market is doing today. By the time that number lands in your mailbox, it could be 12 to 18 months out of date.

The HonestDoor Price is a real-world check updated in real time. For houses in Alpine Place, that number is $353,400 right now. If your city assessment says something significantly lower, you could be underselling yourself - or making financial decisions based on a number that no longer reflects reality.

Think about it this way. If you are refinancing, making a move-up purchase, or just trying to figure out your net worth, you want today's number - not last year's guess. That is exactly what the HonestDoor Price gives you.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house owners in Alpine Place, the timing is reasonable. Prices are up 2.40%, the neighbourhood is ranked above average for growth in the city, and you are priced attractively compared to Niakwa Place - which means buyers who want this part of Winnipeg but cannot stretch to $499,000 are going to land on your doorstep.

The one thing to watch is that the predicted market value of $345,118 is sitting just below the 3-month moving average of $350,933. That gap is not alarming, but it does suggest the market is not accelerating right now. If you are selling, price it sharp and price it right. A well-priced house in Alpine Place should move.

For condo owners, be patient or be strategic. The sale-to-list ratio of 95% means buyers are coming in with offers below asking. If you need to sell this summer, price with that in mind from day one. Do not list high and chase the market down - that is how you end up sitting for months. The good news is that at 14 days average on market, the right price gets results fast.

Bottom line - Alpine Place is a stable, above-average neighbourhood in Winnipeg's market. It is not making headlines, but it is quietly doing what good real estate does. It holds value, attracts renters, and rewards owners who stay informed.

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.