Burrows Central, Winnipeg - August 2026 Real Estate Report

Burrows Central, Winnipeg: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your city tax assessment and wondering if it still means anything, the short answer is: not really. Here's what's actually happening on the ground in Burrows Central right now.

The Vibe: What's Going On With Houses and Condos

For houses, we're seeing some real movement. The average sale price hit $246,000 this period - that's up 18.3% from last month. Listings are sitting at $254,900 on average, and homes are selling at about 94.66% of list price, so buyers are still getting a small discount off the ask. Properties are spending around 37 days on market, which puts us in the middle of the pack for Winnipeg - not flying off shelves, but not sitting either.

• Average sale price: $246,000 (up 18.3% from last month)
• Average list price: $254,900
• Price per square foot: $285
• Homes sold this period: 7 (up 16.7%)
• Average days on market: 37
• Sale-to-list ratio: 94.66%
• Rental yield on houses: 6.09%
• Estimated monthly rent: $1,186

On the condo side, the numbers look very different. The average HonestDoor Price for condos in Burrows Central is $2,821,339 - and that figure is up 1.71% from the previous period. Rental estimates come in at $7,966 per month. The predicted market value sits at $2,773,788, though that number is slightly dipping compared to the 3-month moving average of $2,783,483. Worth keeping an eye on. The rental yield on condos is 2.44%, which is moderate - solid if you're holding long-term, but houses are clearly the stronger income play right now.

• Average HonestDoor Price (condos): $2,821,339 (up 1.71%)
• Predicted market value: $2,773,788
• 3-month moving average: $2,783,483
• Estimated monthly rent: $7,966
• Rental yield: 2.44%
• Airbnb rank in Winnipeg: 33rd

The Neighbourhood Leaderboard: Where Does Burrows Central Stand?

Let's be straight with you. On the growth leaderboard for houses, Burrows Central ranks 159 out of 193 Winnipeg neighbourhoods. That puts us near the bottom for price appreciation. For condos, we rank 90 out of 175 - below average, but not at the bottom. The good news on houses? We rank 20th in Winnipeg for total transaction volume. That means people are buying and selling here. The market is active, even if prices aren't climbing as fast as some other parts of the city.

Compared to neighbours, houses in Burrows Central are among the most affordable in Winnipeg - ranked 173 out of 185 for price. Robertson next door averages $314,868, and Shaughnessy Park sits at $285,198. We're the entry point in this pocket of the city, and that matters to buyers who've been priced out elsewhere.

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

Here's the thing about city assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price for houses in Burrows Central is currently $220,447, up 0.90% from the previous period. The predicted market value for houses is $218,491, and that number is ticking upward against the 3-month moving average of $218,360.

That gap between what the city thinks your home is worth and what a buyer would actually pay today is where real money gets left on the table. The HonestDoor Price updates in real time. Your assessment does not. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number you want in front of you.

The So What: Thinking About Selling This Summer?

If you own a house in Burrows Central and you're thinking about listing this summer, here's the honest read. Prices jumped hard this past month - 18.3% is not a small move. Seven sales closed, which is up 16.7%. That's momentum. Buyers are showing up.

The catch is that homes are still selling slightly below list price, and 37 days on market means you need to price it right from day one. Overpricing will cost you time, and time on market works against you in a neighbourhood that's still building its reputation on the Winnipeg leaderboard.

The rental yield of 6.09% also means investors are watching Burrows Central. If your home shows well as a rental play, lean into that in your listing. A $1,186 monthly rent estimate on an affordable house is a compelling pitch to a buyer who wants income, not just a place to live.

Bottom line - this is not a market to wait out. Check your HonestDoor Price, know your number, and if the timing works for you, this summer has more buyers in it than last year did.

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.