Meadowood, Winnipeg - October 2026 Real Estate Report
Meadowood, Winnipeg: Prices Are Holding, But the Window Might Not Stay Open Forever
The Vibe Right Now
If you've been watching the "For Sale" signs on your street, here's what's actually happening. Meadowood is a steady, mid-range neighbourhood in Winnipeg's south end - not the flashiest market in the city, but not one you should sleep on either. We're seeing a split story right now between houses and condos, so let's break it down.
Houses - The Real Story
The average house sale price in Meadowood hit $427,100 this month, up 3.3% from last month. That's a real number. Listings are sitting at $464,900 on average, and homes are selling at 98.38% of list price - meaning buyers are getting a small discount, but sellers are still landing close to what they're asking. That's not a fire sale. That's a healthy negotiation.
- Average sale price: $427,100 (up 3.3% from last month)
- Average list price: $464,900
- Price per square foot: $402
- Average days on market: 29 days
- Properties sold this period: 7 (down 36.4% from last month)
- Sale-to-list ratio: 98.38%
- HonestDoor Price: $417,323 (up 0.53% from previous period)
- Estimated monthly rent: $2,161
- Rental yield: 5.80%
The drop in sales volume - from 11 to 7 homes - is worth noting. Fewer transactions doesn't always mean trouble, but it does mean less competition among buyers. If you're selling, that matters. On the neighbourhood leaderboard, Meadowood houses rank 118 out of 191 for growth in Winnipeg - squarely below average. Days on market rank is a brighter spot at 29 out of 78, meaning homes here move moderately fast compared to the rest of the city.
Condos - A Different Animal
The condo picture in Meadowood is a bit unusual. Only one condo sold this period at $243,100, with a price per square foot of $221. That's a thin data set, so take it with some context. The HonestDoor Price for condos sits at $1,050,202 - up 1.87% - which reflects a broader range of condo-style properties in the area. The predicted market value is $1,030,899, slightly down from the 3-month moving average of $1,038,447.
- Average condo sale price: $243,100
- Price per square foot: $221
- HonestDoor Price: $1,050,202 (up 1.87%)
- Estimated monthly rent: $2,837
- Rental yield: 3.88%
- Growth rank: 100 out of 175 in Winnipeg
Condo rental yield here is 3.88% - moderate, not spectacular. If you're an investor weighing options, the house side of Meadowood at 5.80% yield is the stronger play right now.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about city assessments: they're snapshots from the past. By the time Winnipeg's assessment lands in your mailbox, the market has already moved. The HonestDoor Price updates in real time, pulling from actual transaction data. Right now, the HonestDoor Price for a Meadowood house is $417,323 - and it's already factoring in the recent -1.72% shift in property values that a static assessment would completely miss.
That gap matters. If you're making a decision about selling, refinancing, or even just understanding what you actually own, the HonestDoor Price is the real-world check. It's not a guess. It's built from what buyers are actually paying on your street, right now.
The "So What?" - Thinking About Selling This Summer?
Here's the honest take. Meadowood is not a neighbourhood where you can sit back and assume prices will keep climbing. The predicted house value of $415,127 is already trending below the 3-month moving average of $418,778. That's a small gap, but it's moving in the wrong direction for sellers who wait too long.
The good news? Homes here are still selling in about 29 days, and buyers are paying 98 cents on the dollar. That's a functional market. If you list a well-priced house this summer, you're not going to sit on it for months. But pricing it right from day one is everything - the gap between your $464,900 list price and your $427,100 sale price is real, and buyers know it.
For context, nearby Vista sits at a HonestDoor Price of $420,623 and St Vital Centre is up at $484,467. Meadowood is priced competitively against its neighbours, which is an advantage when buyers are comparison shopping across the south end.
Bottom line - if selling is on your radar, this summer is a reasonable window. But the data says act with a plan, not with patience.
meadowood | 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.