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    Buffalo, Winnipeg - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Winnipeg, Buffalo

    Buffalo, Winnipeg: Your Home Is Worth More Than the City Thinks

    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 answer. Buffalo is holding its own. The average HonestDoor Price for a house sits at $438,100, and the predicted market value is pushing even higher at $462,462. That gap matters - and we'll get to why in a second.

    Yes, the HonestDoor Price dipped 5.27% from the previous period. But before you panic, look at the direction things are heading. The 3-month moving average is $452,646, and current predicted values are climbing above that. The market here is taking a breather, not falling apart. There is a difference.

    • Average HonestDoor Price: $438,100
    • Predicted Market Value: $462,462 (above the 3-month average of $452,646)
    • Recent Value Change: +1.91%
    • Average Rental Estimate: $2,252 per month
    • Airbnb Estimate: $113 per night

    The Neighbourhood Leaderboard

    Here is a stat worth sharing at the backyard fence. Buffalo ranks 83 out of 193 comparable Winnipeg neighbourhoods for growth. That puts us squarely in above-average territory - not leading the pack, but well ahead of the bottom half of the city. For a residential neighbourhood that does not have the flashy price tag of somewhere like Parker, that is a solid position to be in.

    Speaking of Parker - the average HonestDoor Price there is $1,420,267. Buffalo is not competing in that lane. But compared to neighbours like Beaumont ($405,003) and Maybank ($376,854), Buffalo is the pricier option, which tells you something about how buyers are valuing this area relative to what is right next door.

    • Buffalo growth rank: 83 out of 193 Winnipeg neighbourhoods (above average)
    • Beaumont avg. price: $405,003 - cheaper than Buffalo
    • Maybank avg. price: $376,854 - cheaper than Buffalo
    • Parker avg. price: $1,420,267 - a different market entirely

    The Secret Sauce - Why You Should Check Your HonestDoor Price Today

    Here is the thing about your city tax assessment. It is a snapshot taken in the past, updated on a slow government schedule, and it does not care what the market did last month. The HonestDoor Price is a real-time check on what your home is actually worth right now - not what a bureaucrat estimated two years ago.

    With predicted values at $462,462 and a rental yield of 5.71% - which signals strong rental returns by any measure - your property is likely doing better than your assessment suggests. If you are making any financial decision tied to your home's value, using an outdated assessment is like navigating with an old map. The HonestDoor Price is the updated one.

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

    If selling is on your mind, the timing conversation is more nuanced than a simple yes or no. Here is what the numbers are actually telling us.

    Values dipped recently but the trend line is pointing back up. Predicted values are already above the 3-month moving average. A rental yield of 5.71% means buyers who are even slightly investment-minded will look at a Buffalo property and see real income potential - $2,365 per month in estimated rent is not a small number. That is a selling point you can put in front of a buyer.

    The Airbnb rank of 127 in Winnipeg is not a headline number, but short-term rental income at roughly $113 per night is still a conversation starter for the right buyer.

    Bottom line - if your home is priced right against the HonestDoor Price of $438,100 to $462,462, and you are not waiting for a peak that may or may not come, this summer is a reasonable window. Buffalo is above average in growth, above its neighbours in price, and the rental story gives buyers a reason to act. That is a decent hand to play.

    buffalo | winnipeg | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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