Legislature, Winnipeg - September 2026 Real Estate Report

Legislature, Winnipeg: Your Neighbour Just Got a Raise - Did You?

The Vibe Right Now

If you own a home on these streets, here is the honest picture. Legislature is not sitting still. Values are moving, and the gap between what the city thinks your place is worth and what buyers will actually pay is wider than most people realize. Here is what the numbers are telling us.

Houses: Steady Climbing

The average HonestDoor Price for a house in Legislature sits at $497,463 - up 1.54% from the previous period. The 3-month moving average is $482,930, and the predicted market value is pushing $489,942. That upward trend is not a fluke. It is a signal.

• Average HonestDoor Price: $497,463
• Predicted Market Value: $489,942
• 3-Month Moving Average: $482,930
• Recent Value Change: 1.64%
• Growth Rank: 24 out of 191 Winnipeg neighbourhoods
• Estimated Monthly Rent: $2,442
• Rental Yield: 5.65%

That growth rank is worth pausing on. Out of 191 comparable neighbourhoods in Winnipeg, Legislature houses land at number 24. That puts us in the top 13% of the city for growth. For anyone who bought here a few years ago, that is real money sitting in your walls.

The rental story is just as strong. A 5.65% rental yield is not something you see everywhere in Winnipeg right now. If you are an investor or thinking about renting your place out, Legislature houses are pulling their weight. Estimated rent of $2,442 per month backs that up.

Want some neighbourhood context? West Broadway houses average $335,508 and Broadway Assiniboine comes in at $392,630. Legislature is priced higher than both - and the growth rank suggests that gap is not closing anytime soon. Colony is the only nearby neighbourhood running neck-and-neck at $500,450.

Condos: Top 3 in the Entire City

This is where it gets interesting. Legislature condos are not just performing well - they are ranked 3rd out of 175 Winnipeg neighbourhoods for growth. That is elite territory.

• Average HonestDoor Price: $1,969,300
• Predicted Market Value: $1,990,938
• 3-Month Moving Average: $1,954,532
• Recent Value Change: 4.29%
• Growth Rank: 3 out of 175 Winnipeg neighbourhoods
• Estimated Monthly Rent: $6,825
• Airbnb Estimate: $335 per night
• Airbnb Rank in Winnipeg: 48

Yes, the average HonestDoor Price dipped 1.09% from the previous period. But zoom out and the picture is clear - the predicted value of $1,990,938 is already above that average, and it is climbing past the 3-month moving average of $1,954,532. A short-term dip inside a top-3 growth neighbourhood is noise, not a trend.

Nearby condos in West Broadway average $1,814,274, Broadway Assiniboine sits at $1,460,335, and Colony comes in at $1,142,030. Legislature condos are priced above all three - and the growth rank says the market agrees with that premium.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know about the 1.64% bump in house values or the 4.29% condo growth we just saw. It definitely does not know your neighbour sold for more than expected last month.

The HonestDoor Price is updated in real time using actual market data. It is the difference between knowing what your home is worth today versus what a government spreadsheet guessed it was worth a year or two ago. For Legislature owners, that gap could mean tens of thousands of dollars in equity you did not know you had. Check your HonestDoor Price now - not when the next assessment letter shows up in your mailbox.

The So What - Should You Sell This Summer?

If you own a house in Legislature and you have been on the fence, the data is nudging you. A top-25 growth rank out of 191 neighbourhoods, values trending above the 3-month average, and a rental yield that tells buyers this is a smart hold - that is a strong hand to play heading into summer.

If you own a condo here, the case is even more direct. A top-3 growth rank in the city means buyer demand is real. The predicted value is already above the current average HonestDoor Price, which suggests the market is moving faster than the listed numbers. Sellers who move before the summer rush ends are the ones who capture that momentum.

The bottom line - Legislature is not a neighbourhood that is taking a breather right now. It is one of the few spots in Winnipeg where both houses and condos are putting up serious numbers at the same time. If you want to know exactly where your property sits in that picture, your HonestDoor Price is the place to start.

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.