Meadows, Winnipeg - August 2026 Real Estate Report

Meadows, Winnipeg: Your Home Is Worth More Than the City Thinks

If you live in Meadows and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. Here's the straight story on what's happening in our corner of Winnipeg right now.

The Vibe: What's Actually Moving in Meadows

We're seeing two pretty different stories depending on what type of property you own here. Let's break it down.

Houses: Steady, Not Flashy

Houses in Meadows are holding their ground. The average HonestDoor Price sits at $459,679, up 0.34% from last period. The predicted market value is $458,130, and that number is trending upward from the 3-month moving average of $454,639. Slow and steady.

• Average sale price: $461,140 - up 0.6% from last month
• Average list price: $384,850
• Price per square foot: $391
• Sale-to-list ratio: 97.56% - buyers are getting a slight discount
• Properties sold in 2026: 33 transactions
• Average days on market: 14 days
• Estimated rent: $2,340 per month
• Rental yield: 5.71%

Five houses sold last month, which is down 28.6% from the month before. That's the market taking a breather. Homes are sitting for 14 days on average, which is a bit longer than nearby Victoria West at 8 days. Not a red flag, but worth noting if you're planning to list. The good news? Our days-on-market rank is 13 out of 71 Winnipeg neighbourhoods - that still puts us among the fastest-selling areas in the city.

On the neighbourhood leaderboard, Meadows houses rank 138 out of 193 for growth rate. That's below average, honestly. But the rental yield of 5.71% is a real bright spot for anyone thinking about holding a property as an investment. If you're a landlord here, that number is working in your favour.

Condos: A Different Animal Entirely

The condo picture in Meadows is more interesting - and a little more complicated. The average HonestDoor Price for condos is $1,340,268, up a solid 2.27% from last period. That's real movement.

• Average sale price: $429,200
• Average list price: $429,900
• Price per square foot: $270
• Sale-to-list ratio: 99.84% - almost full asking price
• Properties sold in 2026: 6 transactions
• Average days on market: 7 days
• Estimated rent: $3,511 per month
• Rental yield: 3.67%

Only one condo sold last month, down 50% from the month before. Low volume like this means each sale carries a lot of weight - one deal can swing the averages hard. But the speed is real: 7 days on market, which actually beats nearby Victoria West at 8 days. When condos here hit the market, they move. On the neighbourhood leaderboard, Meadows condos rank 72 out of 175 for growth - that's above average in Winnipeg. Price rank is 51 out of 123, also above average.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The city reassesses on a fixed schedule, which means your official assessed value can be months or even years behind what your home is actually worth today.

The HonestDoor Price is updated in real time using actual sales data, current market conditions, and live comparable transactions. For Meadows houses, the HonestDoor Price is $459,679. For condos, it's $1,340,268. These numbers reflect the market right now - not what a government office calculated last year.

If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Don't wait for the next assessment letter to land in your mailbox.

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

If you own a house in Meadows and you're thinking about listing this summer, here's the honest take. Prices are up slightly, the predicted value is rising, and demand is real. But with homes averaging 14 days on market and buyers landing deals at about 97.5% of list price, you need to price it right from day one. Overpricing will cost you time and negotiating power.

If you own a condo, the story is more compelling. Condos are selling in 7 days and nearly at full asking price. That's seller-friendly territory. The catch is low volume - there's not a lot of comparable data to lean on, so nailing your list price matters even more.

Either way, the move right now is to check your HonestDoor Price before you do anything else. It's free, it's current, and it's the number that actually reflects what a buyer would pay you today - not what the city decided your home was worth a year ago.

Meadows is a solid neighbourhood. The numbers back that up. Just make sure you're working with the right numbers.

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.