Kingston Crescent, Winnipeg - October 2026 Real Estate Report
Kingston Crescent, Winnipeg: Your Neighbour Just Got a Reality Check on Their Home Value
If you own a home on Kingston Crescent and you're still going off your last city assessment, you're probably working with the wrong number. Here's what's actually happening on our streets right now.
The Vibe: What the Market Is Doing
Kingston Crescent sits in a genuinely interesting spot. We're one of Winnipeg's pricier addresses - houses rank 15th out of 188 neighbourhoods by price - but the market is clearly taking a breather. Here's the split between houses and condos, because they're telling two very different stories.
Houses: Expensive, But Buyers Are Holding the Cards
If you've been watching the "For Sale" signs around Kingston Crescent, here's what's actually happening with houses right now.
- Average HonestDoor Price: $610,428 (down 0.29% from last period)
- Average sale price: $825,800
- Current listings averaging: $570,000
- Price per square foot: $556
- Homes selling at 93.67% of list price - buyers are negotiating below ask
- Average days on market: 27 days
- Predicted market value: $612,180
- 3-month moving average: $616,160 (values are drifting down slightly)
- Recent value change: -2.13%
- Growth rank: 145 out of 191 neighbourhoods - below average on the Winnipeg leaderboard
- Rental yield: 5.42% - that's a strong return if you're thinking landlord
- Estimated monthly rent: $2,937
The honest read here? Houses are taking longer to sell than nearby Wildwood (27 days vs. 16 days), and buyers are consistently paying below list price. That 93.67% sale-to-list ratio means if you list at $700,000, expect offers closer to $655,000. This is a buyers' market, full stop. Only 3 houses sold in the period, so we're not exactly seeing a flood of activity either.
Condos: The Quiet Outperformer
Here's something most people on the street don't know - our condos are actually punching above their weight right now.
- Average HonestDoor Price: $350,781 (up 1.35% from last period)
- Average sale price: $314,400
- Current listings averaging: $329,900
- Price per square foot: $299
- Properties selling at 95.30% of list price
- Average days on market: 27 days
- Predicted market value: $346,098
- 3-month moving average: $338,778 (values are climbing)
- Recent value change: +1.94%
- Growth rank: 16 out of 175 neighbourhoods - top performers on the Winnipeg leaderboard
- Rental yield: 4.11%
- Estimated monthly rent: $1,824
While houses are softening, condos here are quietly climbing. A growth rank of 16th out of 175 is genuinely impressive - that puts Kingston Crescent condos in the top 10% of Winnipeg for value growth right now. The predicted value of $346,098 is already above the 3-month average of $338,778, which means the momentum is real, not a blip.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that house values in Kingston Crescent have shifted -2.13% recently, or that condo values are up 1.94%. It definitely doesn't update every time a neighbour sells.
The HonestDoor Price is a real-world check that moves with the market. Right now, for houses, that number is $610,428 - and it's already factoring in the current softness. For condos, it's $350,781 and trending upward. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you want in your hand, not a government figure that could be 12 to 18 months out of date.
Your neighbours in Victoria Crescent are sitting on an average HonestDoor Price of $850,142. Wildwood is at $645,889. Knowing where you stand relative to the streets around you is exactly the kind of intel that helps you make a smart move - not a rushed one.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Kingston Crescent and you're eyeing a summer sale, go in with clear eyes. This is a buyers' market right now. Homes are sitting for 27 days and selling below list price. That doesn't mean you can't sell well - it means you need to price it right from day one. Overpricing and then chasing the market down is the worst outcome here.
The gap between the average listing price ($570,000) and the average sale price ($825,800) tells you the mix of what's actually trading is all over the map. Get your HonestDoor Price, understand your specific property's position, and price with intention.
If you own a condo, your timing is actually better. Values are rising, the growth rank is strong, and buyer demand relative to supply is holding up. You have a bit more leverage than the house sellers on the block right now.
Either way - don't guess. Pull your HonestDoor Price, see where you actually stand, and make the call from there.
kingston crescent | 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.