If you live in Mcleod Industrial and you have been curious about what your place is really worth, here is the straight answer. The average HonestDoor Price for a house in this neighbourhood sits at $455,127. That number has barely moved - down just 0.05% from the previous period. Call it a breather, not a crash. The market is not falling apart; it is just catching its breath.
The 3-month moving average for houses is $454,220, and the predicted value is nudging ahead of that at $455,360. That is a small but real upward signal. We are not seeing a runaway market here, but we are also not seeing a selloff. Steady is the word.
Here is the number worth paying attention to. On growth, Mcleod Industrial ranks 181 out of 191 comparable neighbourhoods in Winnipeg. That puts us near the bottom of the pack right now. Being honest about that matters, because it shapes every decision you make about buying, selling, or holding.
Compare that to the neighbours next door. Springfield South is sitting at an average HonestDoor Price of $420,052. Valley Gardens comes in at $375,193. Rossmere A is at $387,919. All three are cheaper than Mcleod Industrial, which means if you own here, you are sitting on more equity than most of the surrounding area. That is worth something - even if the growth rank is not pretty right now.
Your city assessment is a snapshot from the past. It is calculated on old data and updated on a slow government schedule. By the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is a real-time check on what your home is actually worth today - not what a bureaucrat estimated it was worth 18 months ago.
With a -3.15% recent value shift in Mcleod Industrial, there is a real gap opening up between what the city thinks your home is worth and what a buyer would actually pay right now. That gap can cost you money if you are pricing a sale, refinancing, or just trying to understand your net worth. Checking your HonestDoor Price costs nothing and takes two minutes. Ignoring it could cost you thousands.
If you are thinking about listing this summer, here is the honest take. You are priced above your neighbours, which is a real advantage when buyers are shopping the east side of Winnipeg. A house here at $455,000-plus stands above Springfield South, Valley Gardens, and Rossmere A on price - and buyers who can afford Mcleod Industrial are not cross-shopping the cheapest option anyway.
The growth rank of 181 out of 191 tells us this neighbourhood is not leading the charge right now. That means pricing your home correctly from day one is critical. Overpricing in a slow-growth area leads to sitting on the market, which leads to price cuts, which leads to leaving money on the table. Come in sharp, come in informed, and use your HonestDoor Price as your anchor - not a number from last year's assessment.
One more thing worth noting for investors in the room. A 5.72% rental yield on a $455,000 asset is genuinely strong. If selling is not the plan, renting at an estimated $2,339 per month is a real option that pencils out well compared to most of Winnipeg.
mcleod industrial | winnipeg | september 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.