Meadowood, Winnipeg - July 2026 Real Estate Report

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

If you live in Meadowood and you haven't checked what your home is actually worth lately, you're probably leaving money on the table. Prices here are moving, the rental numbers are strong, and the city's official assessment is already out of date. Here's the real picture.

The Vibe: What's Happening on Our Streets Right Now

Let's split this into what matters for most of us - houses first, then condos.

Houses in Meadowood

The headline number is hard to ignore. The average house sale price hit $469,740 this period - that's up 11.2% from last month. Only 5 houses sold, which is down from the month before, but the ones that did sell moved in an average of 22 days. That's not slow. Sellers are getting 99.32% of their asking price, which means buyers are paying close to full price but just barely negotiating a small discount.

• Average sale price: $469,740 (up 11.2% from last month)
• Average list price: $459,900
• Price per square foot: $372
• Average days on market: 22
• Properties sold: 5
• Sale-to-list ratio: 99.32%
• Estimated monthly rent: $2,149
• Rental yield: 5.80%

A 5.80% rental yield is genuinely solid. If you're an investor or thinking about renting your place out, Meadowood houses are pulling their weight. That's not a number you see everywhere in Winnipeg.

On the neighbourhood leaderboard, Meadowood houses rank 36 out of 193 Winnipeg neighbourhoods for growth rate. That puts us in the top 19% of the city. For days on market, we rank 22 out of 67 - meaning homes here sell faster than most. Price rank sits at 104 out of 185, so we're in the mid-range for Winnipeg pricing, which honestly makes us more accessible than a lot of comparable areas.

Condos in Meadowood

The condo market here is a different story - quieter, but not dead. Only 1 condo sold this period at $243,100, with a price per square foot of $221. The market is essentially flat on sales volume. That said, the predicted market value for condos is sitting at $1,031,725 and is actually trending up against the 3-month moving average of $1,011,887. So the underlying value is climbing even if transactions are slow.

• Average condo sale price: $243,100
• Price per square foot: $221
• Predicted market value: $1,031,725
• 3-month moving average: $1,011,887 (predicted value is rising)
• Estimated monthly rent: $2,760
• Rental yield: 3.89%
• Airbnb estimate: $138 per night

Condo growth ranks 67 out of 190 Winnipeg neighbourhoods - above average. If you own a condo here, the trend is quietly working in your favour even if it doesn't feel like it from the street.

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. By the time it lands in your mailbox, the market has already moved. In Meadowood right now, the average HonestDoor Price for houses is $418,814, up 1.01% from the previous period. For condos, it's $1,033,796, up 0.20%. These numbers update in real time based on actual market activity - not a government formula that runs on a lag.

Think of the HonestDoor Price as your home's real-world check. If your city assessment says one thing and the HonestDoor Price says another, the HonestDoor number is the one that reflects what a buyer would actually pay today. With house sale prices running at $469,740 and the predicted value at $414,619, knowing where you stand on that range is the difference between pricing your home right and leaving tens of thousands on the table.

We also rank 19th in Winnipeg for total transaction volume. That means Meadowood is one of the more active neighbourhoods in the city. More transactions mean more data, which means the HonestDoor Price here is based on real, recent comparable sales - not guesswork.

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

If you're a Meadowood homeowner eyeing a summer sale, the conditions are about as good as they've been. Here's the honest breakdown.

• Prices are up sharply - 11.2% on houses month over month is a real number
• Buyers are paying 99.32% of list price - they're not lowballing
• 22 days on market means you're not sitting and waiting
• We're in the top 19% of Winnipeg neighbourhoods for growth rate
• Nearby Vista ($423,691 HonestDoor Price) and St Vital Centre ($481,033) are priced higher, which means Meadowood still looks like relative value to buyers shopping the area

The one thing to watch - the predicted house value of $414,619 is slightly below the 3-month moving average of $419,773. That's a small dip in the forecast, not a cliff. It's the market taking a breather after a strong run, not a reason to panic or delay.

Bottom line: if you've been thinking about selling, this summer is not the time to sit on the sidelines. Check your HonestDoor Price first so you know exactly where you stand before you call an agent or set a list price. That number is your starting point - and right now in Meadowood, it's a good one to know.

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.