Kingston Crescent, Winnipeg - August 2026 Real Estate Report

Kingston Crescent, Winnipeg: Your Neighbour Just Got a Better Offer Than You Think

If you own a home on Kingston Crescent and the last number you checked was your city tax assessment, you are leaving real money on the table. Here is what is actually happening on our streets right now.

The Vibe: What the Market Is Doing

Let us split this into two honest conversations - one for house owners, one for condo owners - because the stories are pretty different.

Houses: Solid Ground, But Buyers Are Negotiating

The average HonestDoor Price for a house in Kingston Crescent sits at $625,517, up 2.41% from the previous period. That is real, measurable growth. The average sale price is coming in at $684,500, with current listings averaging $570,000 this month. Price per square foot is around $445.

Here is the honest part though. Buyers are paying an average of 93.67% of list price. That gap between asking and selling is a signal. We are sitting in a buyers' market right now, which means if you price your house without doing your homework, you will feel that discount personally.

• Average HonestDoor Price: $625,517 (up 2.41%)
• Average sale price: $684,500
• Current listings average: $570,000
• Price per square foot: $445
• Sale-to-list ratio: 93.67%
• Average days on market: 27 days
• Predicted market value: $610,783
• Rental yield: 5.43%
• Estimated monthly rent: $2,933

Houses are sitting for 27 days on average before selling. Compare that to Wildwood next door at 16 days, and you can see we are taking a bit of a breather. Not a crash - just a slower pace. On the neighbourhood leaderboard, Kingston Crescent houses rank 71 out of 193 for growth in Winnipeg. That puts us in above-average territory, which is a decent place to be.

Condos: A More Cautious Picture

Condo owners, this one deserves your attention. The average HonestDoor Price for condos is $339,495, up 2.65% from the previous period on paper. But the predicted market value has actually dipped to $330,742, which is slightly below the 3-month moving average of $334,844. Recent value change is sitting at -2.87%.

On the neighbourhood leaderboard, Kingston Crescent condos rank 161 out of 175 for growth in Winnipeg. That is bottom-of-the-pack territory, and it is worth knowing before you make any decisions.

• Average HonestDoor Price: $339,495 (up 2.65% from prior period)
• Average sale price: $314,400
• Current listings average: $329,900
• Price per square foot: $299
• Sale-to-list ratio: 95.30%
• Average days on market: 27 days
• Predicted market value: $330,742
• Rental yield: 4.14%
• Estimated monthly rent: $1,752

Buyers are paying about 95.30% of list price on condos - a stable buyers' market. There were only 3 condo transactions in 2026 so far, so we are working with a thin slice of data. But the trend is worth watching closely.

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

Here is something most homeowners do not realize. Your city assessment is a snapshot from the past. It does not update when interest rates shift, when a nearby street sells hot, or when buyer demand cools off in a specific property type. It is essentially a photo from last year being used to describe what you look like today.

The HonestDoor Price is a live, real-world check. It pulls in actual transaction data, current listing activity, and neighbourhood-level trends to give you a number that reflects what a buyer would likely pay right now - not what the city guessed 12 to 18 months ago.

For Kingston Crescent house owners, the HonestDoor Price of $625,517 is your real baseline. For condo owners, that number is $339,495 - but the predicted value of $330,742 is the more current signal to pay attention to. Knowing the difference between those two numbers could change how you price, when you list, and what you walk away with.

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

If you own a house in Kingston Crescent and you are thinking about listing this summer, the window is real but it requires a sharp price. Buyers are negotiating hard - that 93.67% sale-to-list ratio is not a rounding error. Price it right from day one, because sitting on the market for 27-plus days in a buyers' market gives buyers more leverage, not less.

The rental angle is also worth knowing. A 5.43% rental yield on houses is genuinely strong. If selling is not urgent, holding and renting is a legitimate play. Estimated rent of $2,933 per month is a real number to run against your carrying costs.

If you own a condo and are thinking about selling, move sooner rather than later. The predicted value is trending down, the growth rank is near the bottom of the Winnipeg leaderboard, and there is not a lot of condo transaction volume here to create upward pressure on prices. Waiting for the market to turn around is a gamble right now.

Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it will tell you more about your home's current value than any assessment notice sitting in your kitchen drawer.

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.