Crestview, Winnipeg - October 2026 Real Estate Report
Crestview Real Estate Check-In: Steady Street, But Watch the Numbers
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 exploding, but it isn't falling apart either. It's doing something more interesting - it's showing us exactly where the opportunities are, if you know where to look.
The Vibe: Houses vs. Condos in Crestview
Let's break down what's actually happening on our streets right now.
Houses
If you've been watching the "For Sale" signs in Crestview, here's what's actually happening. The average sale price for houses came in at $333,500 this month, which is down 19.1% from last month. That sounds alarming, but context matters - only 3 homes sold, down from 4 the month before. With that few transactions, one outlier sale can swing the average hard. Don't panic.
The more telling number? Homes are still selling at 102.70% of list price. That means buyers are going over asking. That's not a cold market - that's a competitive one with low inventory. The catch is that listings are sitting at an average of $399,900, while the average sale lands at $333,500. That gap tells us sellers may be pricing a little high, and the homes that do sell are the ones priced right.
- Average sale price: $333,500
- Average list price: $399,900
- Sale-to-list ratio: 102.70% - buyers paid over asking
- Average days on market: 15 days
- Sales volume: 3 homes sold this month
- Price per square foot: $296
On the neighbourhood leaderboard, Crestview houses rank 15 out of 78 for days on market in Winnipeg. That puts us in the top tier for speed - homes here move fast when they're priced well. Growth rate sits at 95 out of 191, which lands us in above-average territory city-wide. Not leading the pack, but solidly in the better half.
Condos
The condo picture in Crestview is a different story, and we should talk about it honestly. One condo sold this month at $179,400 - and it sold at 106.67% of list price, meaning even that single buyer paid well over asking. The average list price was $149,900, so demand for the right unit is clearly there.
Condos are sitting on the market for about 13 days, which is reasonable, though nearby Heritage Park is moving units in 7 days. That's a gap worth noting if we're comparing our options as sellers.
- Average sale price: $179,400
- Average list price: $149,900
- Sale-to-list ratio: 106.67% - buyers paid over asking
- Average days on market: 13 days
- Sales volume: 1 condo sold this month
- Price per square foot: $185
On the condo leaderboard, Crestview ranks 89 out of 175 for growth - that's below average for Winnipeg condos. Price rank is 101 out of 126, putting us among the more affordable condo options in the city. For buyers, that's actually a reason to look here. For sellers, it means pricing strategy matters more than ever.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here's the thing most Crestview homeowners don't realize. Your city tax assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what's happening on your street right now. The HonestDoor Price is updated in real time, pulling in actual sales data, market shifts, and neighbourhood trends as they happen.
Right now, the average HonestDoor Price for a house in Crestview is $384,517. The 3-month moving average sits at $388,027, and the current predicted value is $384,277. That slight dip tells us the market is taking a small breather - but it's a real-world number, not a government estimate from months ago.
For condos, the HonestDoor Price is $2,236,308, up 1.55% from the previous period. That's a meaningful move. If you're a condo owner in Crestview relying on your last tax assessment, you could be sitting on a very different number than what the market actually says your unit is worth today.
The bottom line: your tax assessment tells you what the city thinks your home was worth. The HonestDoor Price tells you what a buyer might actually pay right now. Those are two very different conversations.
The "So What?" - Thinking About Selling This Summer?
If you're a Crestview homeowner thinking about listing this summer, here's the straight talk.
For house sellers, the conditions are still working in your favour - but the window requires smart pricing. Homes priced right are selling in 15 days and going over asking. Homes priced too high are sitting. With only 3 sales this month, you don't want to be the overpriced listing that drags while the well-priced one down the street gets multiple offers. Check your HonestDoor Price, price close to it, and you'll move fast.
The rental angle is also worth knowing. If selling isn't the plan, houses here are pulling an estimated $2,013 per month in rent with a rental yield of 5.85%. That's a strong return by any measure, and it gives you a real alternative to selling if the timing doesn't feel right.
For condo owners, the market is thinner - one sale a month means your timing and pricing have to be sharp. The good news is that the one condo that did sell went for over asking. Buyers are out there. They're just selective. Heritage Park condos are selling faster, so if you're competing with that neighbourhood, presentation and price are your two biggest levers.
Either way, pull your HonestDoor Price before you have a single conversation with an agent. Walk into that meeting knowing your number - not the city's number from last year.
crestview | 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.