Logan CPR, Winnipeg - July 2026 Real Estate Report

Logan CPR, Winnipeg: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your last property tax assessment and feeling pretty good about it, hold on. The real numbers in Logan CPR tell a more nuanced story - and depending on whether you own a house or a condo here, the picture looks very different.

The Vibe: Houses vs. Condos in Logan CPR

Let's split this up, because these two property types are living in completely different realities right now.

Houses - Steady, Affordable, and Moving Slowly

For those of us with houses in Logan CPR, the market is calm - maybe a little too calm. Here's the snapshot:

• Average HonestDoor Price: $225,817 - up 1.56% from last period
• Average sale price: $224,200
• Current average list price: $244,900
• Price per square foot: $185
• Homes are selling at 91.55% of list price - buyers are negotiating, and winning
• Average days on market: 59 days
• Only 1 house sold recently
• Predicted market value: $222,338
• 3-month moving average: $228,207 - values are drifting down slightly
• Rental yield: 6.08% - that's a strong return for landlords
• Estimated rent: $1,193 per month

The honest read here? Houses in Logan CPR are among the most affordable in the city - ranking 170 out of 185 neighbourhoods on price. That's not a knock. It means buyers get real value. But sellers need to be sharp. Homes are sitting for nearly two months on average, and buyers are coming in roughly 8.5% below asking. This is a buyers' market, full stop.

On the neighbourhood leaderboard, Logan CPR houses rank 158 out of 193 for growth. That puts us near the bottom tier for appreciation right now. The market is taking a breather. Not crashing - just not racing ahead either.

Condos - A Completely Different Animal

Now here's where things get interesting. Condos in Logan CPR are operating at a scale that feels almost disconnected from the house market. Check these numbers:

• Average HonestDoor Price: $2,705,518 - down 1.14% from last period
• Predicted market value: $2,736,710
• 3-month moving average: $2,690,458 - the predicted value is actually trending up against this baseline
• Estimated rent: $8,652 per month
• Rental yield: 1.72%
• Airbnb estimate: $426 per night - ranking 28th in all of Winnipeg for short-term rental potential

The condo rental yield of 1.72% is moderate at best. You're not buying a Logan CPR condo for the cash flow. The Airbnb ranking of 28th in Winnipeg is genuinely strong though - if short-term rental is part of your strategy, that ranking matters. On the growth leaderboard, condos sit at 109 out of 190 - right in the middle of the pack, which is a reasonable place to be.

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

Here's the thing about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals.

For house owners in Logan CPR, the HonestDoor Price of $225,817 is your real-world check. The predicted market value sits at $222,338 - and that 3-month moving average of $228,207 shows values have slipped slightly. If your tax assessment is higher than these numbers, you may be paying property tax on a value that no longer reflects reality. That's worth a conversation.

For condo owners, the gap between the HonestDoor Price ($2,705,518) and the predicted value ($2,736,710) actually suggests the market sees slightly more upside than the current price reflects. That's useful information if you're deciding when to list.

Bottom line - don't wait for the city to tell you what your home is worth. Check your HonestDoor Price now, while the data is fresh.

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

If you own a house in Logan CPR and you're thinking about listing this summer, here's the straight talk:

• Price it right from day one - homes priced at $244,900 are selling for around $224,200. That gap is costing sellers time and leverage.
• 59 days on market is a long time in summer heat. A sharp list price gets you out faster.
• Buyers know this is an affordable neighbourhood - rank 170 out of 185 in the city. They will negotiate. Build your strategy around that reality.
• The 6.08% rental yield is a selling point if you're marketing to investors. Lead with that number.

If you own a condo and are considering a sale, the short-term rental angle is your strongest card. An Airbnb rank of 28th in Winnipeg is a real differentiator - make sure any buyer who walks through that door knows it.

Logan CPR is not the flashiest neighbourhood on the Winnipeg leaderboard right now. But for the right buyer - someone looking for affordability, decent rental returns on the house side, or serious short-term rental upside on the condo side - this neighbourhood has a real case to make. Know your numbers, price with confidence, and use your HonestDoor Price as the starting point - not the city's outdated assessment.

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.