Griffin, Winnipeg - July 2026 Real Estate Report

Griffin, Winnipeg: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Griffin, here's what's actually happening. The market is taking a breather. The average HonestDoor Price sits at $245,250, down 3.50% from the previous period. That's not a crash - it's a pause. But the gap between what the city assessed your home at and what it's actually worth in today's market? That's where things get interesting.

On the houses side, the average sale price is coming in at $195,800, with listings averaging $199,900 this month. Homes are selling at about 97.95% of list price, meaning buyers have a little room to negotiate. Properties are moving in an average of 25 days, which is a reasonably healthy clip. This is a stable buyers' market - not a fire sale, but sellers need to be sharp on pricing.

• Average Sale Price (Houses): $195,800
• Average List Price: $199,900
• Price Per Square Foot: $227
• Sale-to-List Ratio: 97.95%
• Average Days on Market: 25 days
• Estimated Rent: $1,380 per month
• Rental Yield: 6.08%

The Secret Sauce - Your HonestDoor Price vs. That Old Assessment

Here's the thing about your city tax assessment: it's a snapshot from the past. It does not move with the market. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. Right now, the predicted market value for a Griffin house is $254,150 - noticeably higher than what many owners might see on their assessment notice.

That difference matters. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want the number that reflects today, not two years ago. The HonestDoor Price is that real-world check. The 3-month moving average sits at $254,633, so values are holding steady in that range even as the broader average dips slightly.

One more thing worth knowing: Griffin ranks 30 out of 193 comparable Winnipeg neighbourhoods for growth rate. That puts us in the top 16% of the city for value momentum. That is a leaderboard stat worth paying attention to.

How Does Griffin Stack Up Against the Neighbours?

Compared to nearby areas, Griffin is one of the most affordable entry points in this part of the city. Kildare Redonda averages $349,376 and Radisson sits at $358,231. Transcona North is even higher at $561,942. Griffin's average sale price of $195,800 is actually slightly above Kildare Redonda's sold price of $185,200, which tells you we're holding our own at a fraction of the price of surrounding neighbourhoods.

For investors, the rental yield of 6.08% is a strong number. At $1,380 per month in estimated rent against current home prices, Griffin delivers returns that pricier neighbourhoods simply cannot match.

• Transcona North HonestDoor Price: $561,942 - Rental Estimate: $2,745
• Radisson HonestDoor Price: $358,231 - Rental Estimate: $1,891
• Kildare Redonda HonestDoor Price: $349,376 - Rental Estimate: $1,849
• Griffin HonestDoor Price: $245,250 - Rental Estimate: $1,330

The So What - Should You Sell This Summer?

If you're thinking about listing this summer, here is the honest take. Griffin is affordable, it ranks well for growth, and buyers are still active - just more selective. At 25 days on market and a 97.95% sale-to-list ratio, you are not going to get a bidding war, but a well-priced home moves. The key word is well-priced.

Do not rely on your old assessment to set expectations. Pull your HonestDoor Price first. With a predicted market value of $254,150 and a growth rank sitting in the top tier of Winnipeg neighbourhoods, you have a real story to tell buyers. Price it right, present it well, and Griffin delivers.

Bottom line: Griffin is one of Winnipeg's most affordable neighbourhoods with above-average growth momentum. That combination does not last forever. If selling is on your radar, this summer is worth a serious look.

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.