Alpine Place, Winnipeg - September 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 in Alpine Place, here's what's actually happening. The market is taking a breather on houses, but the numbers still tell a pretty solid story for anyone thinking about their next move.

Let's break it down by property type, because houses and condos are living in two very different worlds right now.

Houses in Alpine Place

The average HonestDoor Price for a house here sits at $346,929. That's down 2.24% from the previous period - a small dip, not a freefall. Think of it as the market catching its breath after a long run. The predicted market value is actually nudging up to $354,865, which is above the 3-month moving average of $351,127. That upward trend matters.

• Average HonestDoor Price: $346,929 (down 2.24%)
• Predicted Market Value: $354,865 (trending up)
• 3-Month Moving Average: $351,127
• Recent Value Change: up 0.41%
• Average Rental Estimate: $1,838 per month
• Rental Yield: 5.90% - that is a strong return
• Airbnb Estimate: $91 per night
• Neighbourhood Growth Rank: 80 out of 191 in Winnipeg - above average

That growth rank is worth paying attention to. Out of 191 comparable neighbourhoods in Winnipeg, Alpine Place houses land in the top half of the leaderboard. We are not leading the pack, but we are ahead of more than half the city. For a neighbourhood that does not always get the spotlight, that is a real signal.

On the rental side, a 5.90% yield is genuinely strong. If you own a house here and have ever thought about renting it out, the math is working in your favour right now.

Condos in Alpine Place

The condo picture is a different conversation. The average HonestDoor Price for condos comes in at $3,258,582 - and yes, that number reflects a very specific slice of the condo market here. It is down just 0.10%, essentially flat. The predicted market value is $3,261,790, ticking up from a 3-month moving average of $3,242,146.

• Average HonestDoor Price: $3,258,582 (down 0.10%)
• Predicted Market Value: $3,261,790 (trending up)
• Average Sale Price: $177,600
• Average Listing Price: $199,900
• Price Per Square Foot: $178
• Sale-to-List Ratio: 95% - buyers are paying below asking
• Average Days on Market: 14 days
• Transactions in 2026: 4
• Airbnb Estimate: $435 per night
• Days-on-Market Rank: 13 out of 52 - moderately fast-selling

The condo side is a buyers' market right now. Properties are selling at 95% of list price, which means if you are buying, you have some room to negotiate. If you are selling, pricing sharp from day one is the move. The 14-day average time on market is not bad at all - condos are not sitting and collecting dust.

The growth rank for condos sits at 116 out of 175, which puts us in the below-average tier for Winnipeg. That is honest. The condo segment here is not the growth story - the houses are.

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

Here is the thing most homeowners do not realize. 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 right now, this month, this week.

The HonestDoor Price is a real-world check. It pulls in current sales data and updates continuously. When the predicted market value for houses in Alpine Place is sitting at $354,865 and trending upward, that is information you can actually use today - not information from a document that was accurate 18 months ago.

If your tax assessment has your home pegged lower than $354,865, you might be leaving money on the table when you price it for sale. If it is pegged higher, you want to know that before you set expectations. Either way, the HonestDoor Price gives you the honest starting point.

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

If you own a house in Alpine Place and selling this summer is on your radar, here is the straight talk.

The short-term dip of 2.24% is real, but the 3-month trend is pointing back up. The predicted value of $354,865 is above where the average HonestDoor Price sits today. That gap suggests the market is not done moving in your favour - at least not yet.

Compare us to the neighbours. St. George is sitting at $369,156 and Varennes at $353,626. We are competitive. Niakwa Place is in a different price tier entirely at $499,828, which tells you there is room for Alpine Place values to grow if the broader Winnipeg market stays active.

For condo owners thinking about selling - price it right from day one. Buyers are negotiating down to 95% of list, so padding your price to "leave room" often just means more days on market and a lower final number anyway. The 14-day average is your friend if you price honestly.

Bottom line: check your HonestDoor Price before you do anything else. It is the most current read on what your home is actually worth in today's market - not last year's market, not the city's schedule. Today's.

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.