Montcalm, Winnipeg - July 2026 Real Estate Report

Montcalm Real Estate Update: Your Neighbourhood Is Holding Its Ground

If you own a home in Montcalm and you haven't checked your property value lately, now is the time. The numbers are moving, and your city assessment is almost certainly not keeping up.

The Vibe: What's Actually Happening in Montcalm Right Now

Let's break it down by property type, because houses and condos are telling two very different stories here.

Houses - Steady and Above the Pack

The average HonestDoor Price for a house in Montcalm sits at $550,328, up 1.48% from the previous period. That's not a headline-grabbing spike, but steady gains in a cautious market are exactly what long-term owners want to see.

The predicted market value for houses is currently $542,297. That's slightly below the 3-month moving average of $551,031, which tells us the market is taking a breather - not falling, just pausing to catch its breath.

Here's the number we really like: Montcalm houses rank 39 out of 193 neighbourhoods in Winnipeg for growth. That puts us in the top 20% of the city. On the neighbourhood leaderboard, that's a strong position to be in.

• Average HonestDoor Price (Houses): $550,328
• Recent price change: +0.93%
• Predicted market value: $542,297
• 3-month moving average: $551,031
• Growth rank: 39 out of 193 Winnipeg neighbourhoods
• Average rental estimate: $2,735 per month
• Rental yield: 5.56% - that's a strong return
• Airbnb estimate: $136 per night (Airbnb rank: 69 in Winnipeg)

That 5.56% rental yield is worth pausing on. For anyone thinking about holding their property as an investment, Montcalm houses are generating real income. Compare that to a savings account and the math speaks for itself.

We also stack up well against our neighbours. Agassiz houses are predicted at $520,522, University at $520,289, and Waverley Heights at $450,114. Montcalm is the priciest of the group - and holding that lead.

Condos - A More Complex Picture

The condo market in Montcalm is a bit of a mixed bag, and we want to be straight with you about it.

The average HonestDoor Price for condos is listed at $5,320,727 - a figure that reflects a small number of high-value units skewing the average. The more grounded number to watch is the average sale price, which came in at $244,600 this month, up a notable 13.4% from last month. Listings are averaging $244,900, and the price per square foot is around $181.

Only 1 condo sold last month, spending an average of 13 days on market. That fast-selling pace earns Montcalm condos a days-on-market rank of 12 out of 55 in Winnipeg - properties here are not sitting around.

The growth rank for condos is 127 out of 190, which puts condos in below-average territory for Winnipeg growth right now. The rental yield on condos is 1.38%, which is moderate. This is not the segment of the Montcalm market firing on all cylinders - but the quick sale times and rising sale prices suggest buyer demand is still real.

• Average condo sale price: $244,600 (up 13.4% from last month)
• Average listing price: $244,900
• Price per square foot: $181
• Sale-to-list ratio: 99.88% - buyers are paying close to asking
• Days on market: 13 days average
• Days-on-market rank: 12 out of 55 in Winnipeg
• Growth rank: 127 out of 190 in Winnipeg
• Airbnb rank: 9 in Winnipeg - top tier short-term rental potential
• Rental estimate: $12,200 per month (for high-value units)

That Airbnb rank of 9 in all of Winnipeg is worth noting for condo owners. If you're sitting on a unit and wondering about short-term rental income, Montcalm is one of the best-positioned neighbourhoods in the city for it.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the honest truth about city assessments - they are snapshots taken in the past. By the time that number lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time using actual sales data, current market trends, and comparable properties selling right now. For Montcalm houses, that means a current estimated value of $550,328 - a number that reflects what a buyer would actually pay today, not what the city calculated based on data from a year or two ago.

If you're making any financial decision - refinancing, selling, buying out a co-owner, or just figuring out your net worth - your HonestDoor Price is the real-world check you need. Don't let a stale government number be the only figure you're working with.

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

If you own a house in Montcalm and you're thinking about listing this summer, the conditions are reasonable. You're sitting in a top-20% growth neighbourhood in Winnipeg, your home is worth more than most of your immediate neighbours, and rental demand suggests buyers see real value here.

The slight dip from the 3-month moving average ($551,031 down to a predicted $542,297) is something to watch, but it's not a red flag. It's the market taking a breath after a run-up. Sellers who price accurately and present well are still moving properties.

For condo owners, the story is more nuanced. Sale prices jumped 13.4% last month and units are selling in under two weeks - that's genuine buyer urgency. But the growth rank sitting at 127 out of 190 means you're not in a runaway market. Price it right, and you'll find a buyer fast. Overprice it, and you'll feel the difference.

Bottom line for Montcalm: houses are your strongest asset class right now. Check your HonestDoor Price, know what you're actually worth, and make your move with real numbers in hand.

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.