If you own property in Murray Industrial Park, the story is different depending on what you own. Houses and condos are moving in opposite directions, and that gap matters for your next move.
Let's break it down.
The average HonestDoor Price for a house here sits at $457,467, down 4.14% from the previous period. That sounds like bad news, but hold on. The predicted market value is actually $477,200 - and that number is climbing past the 3-month moving average of $471,073. The market is taking a breather on paper, but the forward-looking signal is pointing up.
Here is the stat that should get your attention: houses in Murray Industrial Park rank 7 out of 191 neighbourhoods in Winnipeg for growth. That puts us in the top 4% of the entire city. That is not a neighbourhood in trouble. That is a neighbourhood that serious buyers are watching.
A 5.68% rental yield is genuinely strong. If you are a landlord here, your property is working hard for you. The math on holding versus selling is worth running right now.
Condo owners, we have a different story - and honestly, a pretty good one. The average HonestDoor Price is $228,967, up 3.36% from the previous period. The predicted market value of $221,533 is also nudging past its 3-month moving average of $220,881. Small moves, but they are moving in the right direction.
Condos here rank 15 out of 175 Winnipeg neighbourhoods for growth. That puts us in the top 9% of the city. For a property type that often gets overlooked in industrial-adjacent areas, that is a real result.
Here is the thing about your city assessment: it is a snapshot from the past. The city runs those numbers on a cycle, which means by the time you read yours, the market has already moved on. In a neighbourhood where house values are predicted at $477,200 and condos are quietly climbing, that lag can cost you real money - either in a sale you underpriced or an offer you misjudged.
The HonestDoor Price updates in real time. It pulls from actual market activity, not a government spreadsheet that was frozen months ago. If you are a homeowner in Murray Industrial Park right now, checking your HonestDoor Price is the fastest way to know what your property is actually worth today - not what the city thought it was worth last year.
With houses ranking 7th in all of Winnipeg for growth, the gap between your assessment and your real-world value could be significant. That gap is money left on the table if you do not know it exists.
If you are a house owner here and you have been sitting on the fence, the data gives you a real argument for moving sooner rather than later. A top-7 growth ranking in the city means buyer interest is real. The short-term dip in the HonestDoor Price is worth watching, but the predicted value trending above the 3-month average suggests the floor is holding.
For condo owners, the case is simpler. Prices are up, the trajectory is positive, and ranking 15th out of 175 neighbourhoods means you have a story to tell a buyer. Summer inventory tends to rise across the city, so listing before the crowd shows up is a legitimate strategy.
For anyone who is not selling - if you own a house here and a tenant is paying you $2,345 a month against a 5.68% yield, the numbers say holding is not a bad plan either.
Bottom line: Murray Industrial Park is not making headlines, but it is quietly putting up numbers that most Winnipeg neighbourhoods would take. Check your HonestDoor Price, know what you actually own, and make the call from there.
murray industrial park | 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.