Burrows Central, Winnipeg - October 2026 Real Estate Report
Burrows Central, Winnipeg: Your Neighbour Just Got a Better Price Than You Think
If you own a home in Burrows Central and you're still going off your city tax assessment, you're probably leaving money on the table. Here's the real picture of what's happening on your street right now.
The Vibe: What's Actually Going On in Burrows Central
Let's split this into two stories, because houses and condos are telling very different ones right now.
Houses - Steady, Affordable, and Moving
The average HonestDoor Price for a house here sits at $221,630, up 0.88% from last period. That's not a headline-grabbing jump, but it's consistent forward movement. The average sale price came in at $216,650 this month, up 0.9%, and listings are sitting at $249,900 on average. That gap between list and sale matters - homes are selling at 96.1% of asking price, so buyers are getting a small discount, but sellers are still closing deals.
Four houses sold last month, which is down 20% from the month before. That dip sounds alarming, but with only 23 days on market on average, properties here are not sitting around collecting dust. That's a moderately fast pace by Winnipeg standards - our days-on-market ranks 23rd out of 78 comparable neighbourhoods.
- Average HonestDoor Price (Houses): $221,630
- Average Sale Price: $216,650 - up 0.9% month over month
- Average List Price: $249,900
- Price Per Square Foot: $235
- Sale-to-List Ratio: 96.1% - buyers paying slightly below ask
- Average Days on Market: 23 days
- Properties Sold (2026): 51 total transactions
- Estimated Monthly Rent: $1,192 - $1,202
- Rental Yield: 6.09% - that's a strong return
On the neighbourhood leaderboard, Burrows Central houses rank 35th out of 191 Winnipeg neighbourhoods for growth rate. That puts us in the top 20%. For price, we rank 169th out of 188 - meaning we're one of the most affordable options in the city. That combo of affordability plus above-average growth is exactly what buyers hunting for value are looking for right now.
How do we stack up against the neighbours? Robertson houses average $312,655 and Shaughnessy Park sits at $283,275. We're priced well below both. Dufferin comes in cheaper at $167,322, but our rental estimate of $1,202 beats their $908 by a solid margin. For investors, that matters.
Condos - A Different Animal Entirely
The condo numbers here are unusual, and worth a closer look. The average HonestDoor Price for condos in Burrows Central is $2,797,611 - a figure that stands out sharply compared to the house market. It's up 1.01% from last period, but the predicted market value of $2,769,761 is actually dipping slightly below the 3-month moving average of $2,788,296. So condos are taking a small breather right now.
The rental yield on condos comes in at 2.45%, which is moderate - not the home run that houses are delivering at 6.09%. The estimated monthly rent is around $7,900, and Airbnb potential sits at roughly $392 per month. On the short-term rental side, Burrows Central condos rank 34th in Winnipeg for Airbnb - a strong position if that's your play.
- Average HonestDoor Price (Condos): $2,797,611 - up 1.01%
- Predicted Market Value: $2,769,761
- 3-Month Moving Average: $2,788,296 - values are easing slightly
- Estimated Monthly Rent: $7,900
- Rental Yield: 2.45%
- Airbnb Estimate: $395 per night - ranked 34th in Winnipeg
- Recent Value Change: -1.83%
On the condo leaderboard, we rank 97th out of 175 Winnipeg neighbourhoods for growth - that's below average. If you own a condo here, this is not the moment to sit back and assume values are climbing on their own.
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from the past. It gets updated on a schedule, not in real time. The HonestDoor Price is recalculated continuously, pulling in actual transaction data, market shifts, and what comparable properties are doing right now.
With 51 property transactions recorded in Burrows Central in 2026 alone, there is a real, current data trail to work from. Your tax assessment doesn't know about the sale that closed last month two streets over. The HonestDoor Price does.
For house owners, the HonestDoor Price of $221,630 is running close to the actual average sale price of $216,650 - that's a tight, reliable read on what your home is worth today. For condo owners, the gap between the HonestDoor Price and the predicted value is worth watching closely given the recent -1.83% shift. Knowing your real number now means you're not caught off guard.
The So What - Should You Sell This Summer?
If you own a house in Burrows Central and you've been on the fence, here's the honest take. You're in a neighbourhood that ranks in the top 20% for growth in Winnipeg, priced well below Robertson and Shaughnessy Park, and homes are moving in under 25 days. That's a decent window to list and get a real result.
The sale-to-list ratio of 96.1% means you need to price smart - not greedy. Buyers are negotiating, but they're still buying. A well-priced home here is not going to sit.
If you own a condo, the picture calls for a bit more patience and a sharper eye. Values are dipping slightly against the 3-month trend, and the growth rank of 97th out of 175 puts you in the middle of the pack. That doesn't mean don't sell - it means price it right and don't wait for a recovery that may be slow to arrive.
Either way, the first move is simple - check your HonestDoor Price at honestdoor.com. It takes 30 seconds and gives you a real-world number, not a government estimate that's already months behind the market.
burrows central | winnipeg | october 2026This 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.