Meadows, Winnipeg - October 2026 Real Estate Report
Meadows, Winnipeg: Your Neighbour Just Got a Better Price Than You Think
If you own a home in Meadows and you're still going off your city tax assessment, you're probably leaving money on the table - or overpricing yourself right out of a sale. Here's what's actually happening on the ground right now.
The Vibe: Houses vs. Condos
Houses - A Market Taking a Breather
We've seen the average sale price for houses come in at $419,383 this month - that's down 11.7% from last month. Before you panic, here's the context: homes are still selling at 100.26% of list price. Buyers are paying above asking. That's not a collapsing market, that's a market finding its footing after a hot run.
- Average sale price: $419,383
- Average list price: $469,800
- Sale-to-list ratio: 100.26% - buyers are paying over ask
- Average days on market: 29 days
- Properties sold this month: 6
- Price per square foot: $394
- Estimated monthly rent: $2,317
- Rental yield: 5.72% - that's a strong return
The days-on-market rank is 29 out of 78 neighbourhoods in Winnipeg. That puts us in the moderately fast-selling category - houses here are not sitting. On the neighbourhood leaderboard for growth, we rank 98 out of 191. Right in the middle of the pack. Not leading the charge, but not falling behind either.
Condos - Fast Off the Line, But Watch the Numbers
The condo story in Meadows is a bit of a split screen. The average sale price hit $247,400 this month - down 42.4% from last month. That's a big swing, but with only 2 sales recorded, one outlier transaction can move that number dramatically. Don't read too much into a single month.
- Average sale price: $247,400
- Sale-to-list ratio: 99.84% - essentially full price
- Average days on market: 7 days
- Properties sold this month: 2
- Price per square foot: $265
- Estimated monthly rent: $3,506
- Rental yield: 3.67% - moderate, but steady
Seven days on market is fast. We're actually beating nearby Victoria West, where condos sit for 8 days. On the neighbourhood leaderboard, our days-on-market rank is 8 out of 59 - that puts Meadows condos among the very fastest-selling in all of Winnipeg. When something lists here, it goes.
The Secret Sauce: Why Your HonestDoor Price Matters More Right Now Than Your Tax Assessment
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 updates in real time, pulling from actual transaction data, current listings, and neighbourhood trends.
Right now, the HonestDoor Price for houses in Meadows sits at $458,472 - up 1.20% from the previous period. The 3-month predicted value is $453,014. That gap between what the city thinks your home is worth and what a buyer would actually pay today? That's the number that matters when you're making a real decision.
For condos, the HonestDoor Price is $1,339,956, up 2.30%. The predicted market value is $1,309,780. Compare that to nearby Radisson at $1,148,683 - Meadows condos are holding a clear premium in this part of the city.
Your tax assessment is a rear-view mirror. The HonestDoor Price is the windshield.
The 'So What?': Thinking About Selling This Summer?
If you're a homeowner in Meadows weighing a summer sale, here's the straight talk.
- Houses are still selling above list price - that's your leverage
- 52 total transactions in 2026 puts us at rank 22 in Winnipeg for sales volume - this neighbourhood trades
- Meadows houses are priced above average for Winnipeg - rank 88 out of 188 - so you're not discounting to compete
- Condos are moving in 7 days - if you price it right, you won't be hosting open houses all summer
- Rental demand is real - $2,340 estimated monthly rent on a house gives buyers a reason to pay full price
The cooling we're seeing is not a crash. It's the market asking sellers to be sharp on price. Overprice and you sit. Price with the HonestDoor data behind you and you sell - probably fast, probably close to what you're asking.
Check your HonestDoor Price before you call your agent. Know your number first.
meadows | 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.