Burrows Keewatin, Winnipeg - October 2026 Real Estate Report
Burrows Keewatin Real Talk: Your House Is Worth More Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs on your block, here's what's actually happening. Burrows Keewatin is a quiet, steady market - not flashy, but not falling apart either. Houses are moving fast and holding their value. That's a better story than a lot of Winnipeg neighbourhoods can tell right now.
Houses: Fast, Affordable, and Holding Firm
We are sitting in one of the most affordable pockets in Winnipeg - and that's not a knock. It means buyers are still showing up. Here's the snapshot:
- Average HonestDoor Price: $277,671
- Average sale price: $246,350
- Current listings averaging: $294,900
- Price per square foot: $261
- Homes selling at 99.73% of list price - buyers are not getting big discounts here
- Average days on market: 5 days
- Rental yield: 6.03% - that is a strong return for landlords
- Estimated rent: $1,481 to $1,483 per month
Five days on market is not a typo. That ranks 5th out of 78 Winnipeg neighbourhoods for speed. When a house hits the market here, it does not sit. Buyers are paying nearly full ask, which tells us demand is real. The market is stable - not booming, not crashing - just doing its job.
On the neighbourhood leaderboard, Burrows Keewatin houses rank 44th out of 191 Winnipeg neighbourhoods for growth. That puts us solidly above average. For price, we rank 168th out of 188 - meaning we are among the most affordable options in the city. That combo of affordability plus above-average growth is exactly what value-hunters are looking for.
Compare us to the neighbours: Shaughnessy Park is running about $283,275 and Inkster Industrial Park is up at $450,883. Weston Shops comes in cheaper at $197,622. We are right in the middle - not the cheapest, not the priciest, which is honestly a comfortable place to be.
Condos: A Different Story
The condo picture in Burrows Keewatin is unusual. The average HonestDoor Price is $2,033,830 - a significant jump from the house market. That number has increased 2.41% from the previous period, though the 3-month predicted value of $1,985,974 is trending slightly down from the moving average of $2,008,812. So there is some softening in the short term.
- Average HonestDoor Price: $2,033,830 (up 2.41%)
- Predicted market value: $1,985,974
- Estimated rent: $6,723 to $6,870 per month
- Rental yield: 2.51% - moderate, not a landlord's dream at this price point
- Airbnb potential: $341 per night - ranked 48th in Winnipeg for short-term rental income
The condo growth rank sits at 98th out of 175 Winnipeg neighbourhoods - below average. The rental yield of 2.51% is modest for the price. If you own a condo here, it is worth watching that HonestDoor Price closely over the next few months to see if the short-term dip stabilizes.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about city assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It is the difference between knowing what your home was worth and knowing what it is worth right now.
For houses in Burrows Keewatin, the HonestDoor Price of $277,671 is sitting above the average sale price of $246,350. That gap matters. It means the market is pricing in future demand that older assessments are not capturing yet. If you are making any financial decision - refinancing, selling, even just curious - the HonestDoor Price is the number to start with, not the one from city hall.
With 8 property transactions recorded in 2026 and a total transaction rank of 64th in Winnipeg, this is not a ghost town. Real money is changing hands here, and that data feeds directly into keeping the HonestDoor Price accurate and current.
So What Does This Mean If You Are Thinking About Selling This Summer?
Short answer: the timing is not bad. Here is the longer version.
- Homes are selling in 5 days on average - your house will not collect dust
- Buyers are paying 99.73% of list price - price it right and you will not be negotiating much off the top
- You are in the top 25% of Winnipeg neighbourhoods for selling speed
- Affordability is your friend - buyers priced out of Shaughnessy Park and Inkster Industrial Park are looking at us
The market is not on fire, but it is not taking a breather either. It is steady, and steady is actually great for sellers who price realistically. Check your HonestDoor Price before you call an agent. Walk in knowing your number, not guessing at it.
For condo owners thinking about selling - keep an eye on that short-term value trend. The 3-month moving average is dipping slightly. Not a panic move, but not the moment to rush either. Watch the next 60 days before committing.
burrows keewatin | 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.