Betsworth, Winnipeg - August 2026 Real Estate Report

Betsworth Real Estate Check-In: Prices Are Holding, But the Market Is Shifting

If you own a home in Betsworth and you haven't looked at your property value lately, now is the time. Things are moving - and not always in the direction you'd expect. Here's the straight story on what's happening in our corner of Winnipeg right now.

The Vibe: Houses vs. Condos in Betsworth

We're seeing two very different stories play out depending on what you own here.

Houses - The average HonestDoor Price for a house in Betsworth sits at $532,386, down a modest 0.39% from last period. The average sale price this month is $638,575, which is down 3.6% from last month. Listings are sitting at $672,400 on average, and homes are selling at about 96.96% of list price - meaning buyers are negotiating, and winning. With properties averaging 38 days on market and only 4 sales this month, our house market is taking a breather. That said, the predicted market value of $534,446 is trending up against the 3-month moving average of $523,154, so the longer-term signal is still positive. On the neighbourhood leaderboard, Betsworth houses rank 31 out of 193 neighbourhoods in Winnipeg for growth - that puts us solidly in the top tier. Price rank is 30 out of 185, meaning we're among the pricier addresses in the city.

• Average HonestDoor Price (Houses): $532,386
• Average Sale Price This Month: $638,575 (down 3.6%)
• Price Per Square Foot: $436
• Days on Market: 38
• Rental Estimate: $2,639/month
• Rental Yield: 5.57%
• Growth Rank: 31 out of 193 Winnipeg neighbourhoods

Condos - This is where it gets interesting for us condo owners. The average HonestDoor Price is $199,795, up 2.44% from last period - a nice bump. The one condo that sold this month went for $185,000, and it sold at 101.86% of list price. That means a buyer paid over asking. That's a sellers' market signal, plain and simple. The predicted market value is $195,032, creeping up from the 3-month average of $193,301. On the leaderboard, Betsworth condos rank 57 out of 175 for growth - above average. The real standout stat? Days-on-market rank is 1 out of 51. When a condo lists here, it does not sit around.

• Average HonestDoor Price (Condos): $199,795 (up 2.44%)
• Average Sale Price This Month: $185,000
• Price Per Square Foot: $254
• Sold at 101.86% of list price - above asking
• Rental Estimate: $1,095/month
• Rental Yield: 4.33%
• Growth Rank: 57 out of 175 Winnipeg neighbourhoods

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's something most Betsworth homeowners don't think about until it's too late. Your city tax assessment is a snapshot from the past - it's calculated on old data and updated on a slow government schedule. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is different. It's a real-time estimate that reflects what buyers are actually paying right now, not what a government formula calculated months ago. For houses in Betsworth, the HonestDoor Price is $532,386 - and the predicted market value is already tracking at $534,446, up from the 3-month average. That gap between your assessment and your actual market value could be significant money you're either leaving on the table or not accounting for in your financial planning.

For condo owners, the HonestDoor Price of $199,795 - up 2.44% - is a real-world check that your unit may be worth more than your last assessment suggests. Check it. It takes two minutes and it's free.

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

If you own a house in Betsworth and you're thinking about listing this summer, the honest answer is: the window is open, but it's not wide open. Buyers are negotiating - that 96.96% sale-to-list ratio tells you they have some leverage right now. Pricing your home sharp from day one matters more than it did a year ago. With 38 days on market as the average, an overpriced listing will sit, and a sitting listing loses momentum fast.

The good news? Betsworth still punches above its weight in Winnipeg. A growth rank of 31 out of 193 neighbourhoods means buyers looking for long-term value are paying attention to this area. Compared to nearby Southboine, where the average house sold for $579,700, Betsworth's $638,575 average sale price is actually holding its own - and then some.

If you own a condo and you're thinking about selling, the story is simpler. One condo sold over asking this month, and the days-on-market rank is the best in the city for condos. If you price it right, you will not be waiting long for an offer.

Bottom line - whether you're selling, renting, or just keeping score, pull your HonestDoor Price today. It's the number that actually reflects what your Betsworth property is worth right now, not what the city decided it was worth two years ago.

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.