Montcalm, Winnipeg - September 2026 Real Estate Report

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

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening. Montcalm is holding its value better than most of Winnipeg, but the market is taking a breather. Homes are sitting longer than usual, and buyers know it. That means if you're selling, you need to price smart - not just optimistically.

Houses: The Real Numbers

We're seeing houses in Montcalm average around $571,050 in actual sale prices, with listings sitting at $588,950. That gap matters. Buyers are negotiating, and on average they're landing about 3% below asking price - so if you list at $589K, expect offers closer to $571K. That's just the reality right now.

• Average sale price: $571,050
• Average list price: $588,950
• Price per square foot: $349
• Sale-to-list ratio: 96.91% - buyers are paying below asking
• Average days on market: 190 days
• Predicted market value: $548,150
• Estimated monthly rent: $2,724
• Rental yield: 5.54%

The number that should get your attention is 190 days on market. That is a long time. Montcalm ranks 65th out of 71 Winnipeg neighbourhoods for how fast homes sell. That does not mean your home won't sell - it means overpriced homes are getting ignored. The ones priced right are moving.

On the bright side, Montcalm ranks 49th out of 187 neighbourhoods for price. That puts us solidly in the upper tier of Winnipeg home values. We're priced higher than nearby Agassiz, University, and Waverley Heights - and the predicted value of $548,150 is still trending upward from the 3-month average of $546,925. Small gains, but gains.

For landlords or anyone thinking about renting out, a 5.54% rental yield is genuinely strong. At $2,724 per month in estimated rent, Montcalm houses are pulling real income.

Condos: A Different Story

The condo picture in Montcalm is a bit unusual, and worth unpacking. The HonestDoor Price average looks very high because of how the data aggregates across different property types in the neighbourhood. What we can tell you is that actual condo sales are averaging $229,200, with listings at $244,500.

• Average sale price: $229,200
• Average list price: $244,500
• Price per square foot: $253
• Sale-to-list ratio: 93.60% - buyers are negotiating harder here
• Average days on market: 80 days
• Estimated monthly rent: $12,327 (reflects mixed commercial and residential units)
• Airbnb rank in Winnipeg: 9th - top tier short-term rental potential
• Growth rank: 56th out of 175 - above average in Winnipeg

Condos here rank 9th in all of Winnipeg for Airbnb potential. If you own a condo in Montcalm and you're not at least thinking about short-term rentals, that's a conversation worth having. The neighbourhood draws enough traffic to put us near the top of the city leaderboard for that income stream.

Condo growth ranks 56th out of 175 comparable Winnipeg neighbourhoods. That puts us in the above-average category - better than most, not the top of the pack, but moving in the right direction with a recent value change of plus 2.02%.

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

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a set period, runs its formula, and mails you a number. By the time you read it, the market has already moved.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and neighbourhood trends. For houses in Montcalm, the HonestDoor Price is sitting at $542,040 right now. Your city assessment almost certainly does not reflect the $349 per square foot that buyers are actually paying today, or the fact that your street competes with Agassiz and University - both of which are priced lower than us.

Check your HonestDoor Price before you do anything else - before you call an agent, before you refinance, before you decide whether to sell or hold. It's the real-world number, not the government's best guess from 18 months ago.

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

Straight talk: summer 2025 in Montcalm is a market where preparation beats optimism. Here's what that means for you.

• 190 days on market is the average - homes that are priced right from day one are not sitting that long
• Buyers are coming in below asking, so build your pricing strategy around the 96.91% sale-to-list ratio for houses
• Your predicted value of $548,150 is nudging upward, so waiting a few months is not going to hurt you - but it won't dramatically change your outcome either
• Montcalm is priced above Agassiz, University, and Waverley Heights - lean into that when you're marketing your home
• If you own a condo, the Airbnb ranking of 9th in Winnipeg gives you a strong story to tell potential buyers who want income potential

The bottom line: Montcalm is not a market that rewards wishful pricing. It rewards honest pricing. Pull your HonestDoor Price, compare it to what's actually selling on your street, and go from there. That's how neighbours here are winning right now.

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.