If you own property in Mission Industrial and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's happening on the ground today. Here's the real picture.
We're seeing a split market in Mission Industrial right now, and it matters depending on what you own.
On the house side, things are taking a breather. The average HonestDoor Price for a house sits at $365,291, up a hair - just 0.14% from last period. But the predicted market value is $364,798, and that number is sliding below the 3-month moving average of $365,893. Property values have dipped 1.03% recently. On the neighbourhood leaderboard, houses in Mission Industrial rank 162 out of 191 for growth in Winnipeg. That puts us near the bottom of the pack. Not a crisis, but not a reason to wait around if you're thinking about selling.
The bright spot for house owners? That 5.86% rental yield is genuinely strong. If you're a landlord or thinking about renting before selling, the numbers work in your favour right now.
Condos tell a different story. The average HonestDoor Price is $418,147, down 2.18% from last period - but the predicted value has actually climbed to $427,468, sitting above the 3-month moving average of $424,312. That's a 1.00% recent gain. Condos rank 100 out of 175 for growth - below average, but a much more comfortable position than houses. We're in the middle of the pack, not the back.
Here's the thing about city assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling in current sales data to give you a live read on what your property is actually worth today.
For Mission Industrial house owners, that gap matters right now. Values are drifting downward. If your city assessment was done during a stronger period, you might think you're sitting on more equity than you actually have. Knowing your real number - not a stale government estimate - means you can make smarter decisions about refinancing, selling, or even just understanding your net worth.
For condo owners, the HonestDoor Price is showing something the assessment won't - that predicted values are actually ticking up even while the period-over-period average dipped. That's a nuance worth knowing.
If you own a house in Mission Industrial and selling is on your radar, the honest advice is this: don't wait for the market to come back to you. With a growth rank of 162 out of 191 and values trending slightly down, the window you have right now is better than the one you might have in six months if that trend continues. The rental demand is real - $1,894 a month in estimated rent gives buyers a reason to be interested - but motivated sellers move first.
Nearby, houses in Tyne Tees are predicted at $323,127, Dufresne sits at $292,139, and Tissot comes in at $271,677. Mission Industrial prices us above all of them. That premium is a selling point - use it while it holds.
If you own a condo, you have a bit more breathing room. Values are inching up and the predicted price of $427,468 is ahead of the moving average. Summer is still a good time to list, but you're not in the same urgency zone as house sellers. Watch the next 60 days and check your HonestDoor Price regularly - it updates so you don't have to guess.
Bottom line: Mission Industrial is a neighbourhood where knowing your real number right now - not last year's assessment - is the difference between a smart move and a missed one.
mission 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.