Murray Industrial Park, Winnipeg - July 2026 Real Estate Report

Murray Industrial Park, Winnipeg: What Your Neighbour Would Tell You Over the Fence

The Vibe Right Now

If you own a house in Murray Industrial Park, the market is sending mixed signals. The average HonestDoor Price sits at $478,293 - up 2.85% from the previous period, which sounds great. But the predicted market value has pulled back to $465,020, and it is trending down from the 3-month moving average of $478,762. Property values have dipped 3.23% recently. On the neighbourhood leaderboard, houses rank 183 out of 193 in Winnipeg for growth. That is bottom-of-the-pack territory, and it is worth paying attention to.

Condos are a completely different story. The average HonestDoor Price for a condo here is $223,956, up 2.07%. The predicted market value is $219,422 and it is actually climbing past the 3-month moving average of $214,448. Recent growth sits at 3.45%, and on the neighbourhood leaderboard, condos rank 16 out of 190 in Winnipeg. That puts Murray Industrial Park condos in the top tier of the city. Not bad at all.

• House HonestDoor Price: $478,293 (up 2.85%)
• House predicted market value: $465,020 (down from 3-month average of $478,762)
• House recent value change: -3.23%
• House growth rank: 183 out of 193 in Winnipeg
• House rental estimate: $2,428 per month
• House rental yield: 5.70%
• Condo HonestDoor Price: $223,956 (up 2.07%)
• Condo predicted market value: $219,422 (above 3-month average of $214,448)
• Condo recent value change: +3.45%
• Condo growth rank: 16 out of 190 in Winnipeg
• Condo rental estimate: $1,222 per month
• Condo rental yield: 4.33%

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

Here is the thing about city assessments - they are 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 actual sales data and current market conditions. For house owners in Murray Industrial Park, that gap between the HonestDoor Price and the predicted market value right now tells you something important: values are softening. If you are making any financial decision based on what the city says your home is worth, you could be working with a number that is already out of date.

For condo owners, the HonestDoor Price is your proof of momentum. A rank of 16 out of 190 neighbourhoods is not something a tax assessment will show you. That is a real-world signal that demand for condos here is holding up well compared to most of Winnipeg.

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

If you own a house and you have been sitting on the fence, the data is nudging you to act sooner rather than later. Values are taking a breather right now, and with a growth rank near the bottom of the city, waiting for a big rebound is a gamble. A rental yield of 5.70% is genuinely strong, which means there is a healthy pool of buyers who would consider this a solid investment property. That works in your favour when pricing and marketing.

If you own a condo, you are in a better spot. Values are trending up, the growth rank is excellent, and a 4.33% rental yield gives buyers a real reason to pull the trigger. Summer is a good window to list while that momentum is still showing in the numbers.

Either way, check your HonestDoor Price before you call an agent. It is the most current read on what your place is actually worth - not what it was worth when the city last looked.

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.