Crestview, Winnipeg - August 2026 Real Estate Report

Crestview Real Estate Check-In: Steady Street, But Watch the Details

If you live in Crestview and you haven't looked at your home's value lately, now is a good time to pay attention. The market here isn't crashing, but it isn't sprinting either. Here's what's actually going on, in plain language.

The Vibe: Houses vs. Condos

Houses

The average HonestDoor Price for a house in Crestview sits at $389,793 - essentially flat, down just 0.06% from the previous period. That's not a red flag, that's a market taking a breather.

Recent sales tell a more nuanced story though. The average sale price came in at $394,833, which is down 4.2% from last month. Nine houses sold, and they averaged 170 days on the market before finding a buyer. That's a long time. For context, Crestview ranks 63 out of 71 Winnipeg neighbourhoods for days-on-market speed - meaning homes here are among the slowest to sell in the city right now.

• Average HonestDoor Price: $389,793
• Average sale price: $394,833 (down 4.2% from last month)
• Average list price this month: $417,450
• Price per square foot: $334
• Sale-to-list ratio: 100% - buyers are paying exactly list price
• Average days on market: 170
• Properties sold in 2026: 43 transactions (ranked 19th in Winnipeg for volume)
• Estimated monthly rent: $2,038
• Rental yield: 5.84%

That 5.84% rental yield is genuinely solid. If we're thinking about holding a property here as a rental, the numbers actually work. The predicted market value of $390,012 is also trending up slightly against the 3-month moving average of $386,925 - a quiet but positive signal.

On the neighbourhood leaderboard, Crestview houses rank 150 out of 193 Winnipeg neighbourhoods for growth rate. That puts us in below-average territory for appreciation speed. Not alarming, but worth knowing if we're banking on fast equity gains.

Condos

The condo picture in Crestview is a bit of a mixed bag, and we should be honest about that.

The HonestDoor Price for condos averages $2,240,082 - up 1.46% from the previous period. But only 1 condo sold recently, at $159,900, which is down 17.7% from last month. With that little transaction volume, one sale can swing the numbers dramatically. Take the month-over-month drop with a grain of salt.

• Average HonestDoor Price: $2,240,082 (up 1.46%)
• Average sale price: $159,900
• Price per square foot: $165
• Sale-to-list ratio: 106.67% - that one buyer paid over asking
• Average days on market: 13
• Estimated monthly rent: $6,105
• Rental yield: 2.82%
• Airbnb rank in Winnipeg: 60th

The 13-day average days-on-market for condos is a sharp contrast to houses. When a condo does come up here, it moves fast - Crestview ranks 12th out of 51 Winnipeg neighbourhoods for condo selling speed. On the growth leaderboard, condos rank 124 out of 175, placing us in below-average territory for appreciation.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city tax assessment - it's a snapshot from the past. Winnipeg assessments are updated on a cycle, which means the number on your property tax bill could be based on market conditions from a year or two ago. A lot has shifted since then.

The HonestDoor Price is updated in real time, pulling from actual sales data, current listing trends, and neighbourhood-level signals. For a Crestview house, that means the difference between a stale government number and a live read of what a buyer would actually pay today. Right now, the predicted market value of $390,012 is running slightly above the 3-month moving average of $386,925 - a detail your tax assessment simply won't capture.

If you're making any financial decision tied to your home's value - refinancing, selling, even just curiosity - the HonestDoor Price is the real-world check. Use it.

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

Straight talk: if you're a Crestview homeowner thinking about listing this summer, the window is open but it requires a smart approach.

Houses are selling at exactly list price right now - not above, not below. That means buyers are engaged but not desperate. The 170-day average days-on-market is the number to respect. Overprice your home and you will sit. Price it right against the HonestDoor Price of $389,793 and you have a real shot at a clean sale.

The fact that listings are averaging $417,450 while sales are closing at $394,833 tells us something important - there's a gap between what sellers want and what buyers will pay. Close that gap early and you avoid becoming a stale listing statistic.

For condo owners, the story is different. Low inventory and fast days-on-market mean a well-priced condo can move in under two weeks. The market is thin, but that cuts both ways - less competition for sellers who show up ready.

Bottom line for Crestview this summer: price honestly, move decisively, and check your HonestDoor Price before you do anything else.

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.