North Point Douglas, Winnipeg - August 2026 Real Estate Report

North Point Douglas, Winnipeg: Here's What Your Home Is Actually Worth Right Now

The Vibe on the Ground

If you live in North Point Douglas and you haven't checked your HonestDoor Price lately, now is the time. The city's tax assessment is a snapshot from the past. The HonestDoor Price is updated in real time - and right now, it's telling a different story depending on whether you own a house or a condo here.

Houses: Affordable, Steady, and Taking a Breather

Let's be straight with each other. The house market in North Point Douglas is cooling. Homes are sitting on the market for an average of 53 days - nearly double the 28 days you'd see just down the road in South Point Douglas. Only 1 house sold recently, and it moved at 99.31% of list price, meaning buyers have a little room to negotiate. This is a buyers' market, plain and simple.

• Average HonestDoor Price: $177,371 (up 0.54% recently)
• Average sale price: $89,900
• Price per square foot: $173
• Average days on market: 53
• Predicted market value: $176,413
• Rental yield: 6.12% - that is a strong return for landlords
• Estimated monthly rent: $962
• Growth rank: 161 out of 193 Winnipeg neighbourhoods
• Price rank: 182 out of 185 - among the most affordable in the city

That 6.12% rental yield is the real headline for house owners here. If you are not living in it, you should be renting it. Comparable neighbourhoods like Glenelm ($298,099 average HD Price) and St. Johns Park ($331,849) are priced much higher, which means North Point Douglas houses offer entry-level ownership with landlord-level returns.

Condos: A Completely Different Story

Here is where things get interesting. The condo market in North Point Douglas is punching well above its weight. With an average HonestDoor Price of $806,479 and a predicted market value of $811,003 - which is climbing above the 3-month average of $802,918 - condo values here are actually trending up. The growth rate ranks 12 out of 175 Winnipeg neighbourhoods. That puts North Point Douglas condos in the top tier of the city's leaderboard right now.

• Average HonestDoor Price: $806,479 (down 0.56% recently, but predicted value is rising)
• Predicted market value: $811,003
• 3-month moving average: $802,918 - current value is above this
• Estimated monthly rent: $3,306
• Rental yield: 3.49%
• Airbnb estimate: $163 per night
• Growth rank: 12 out of 175 Winnipeg neighbourhoods - top performer

For context, nearby South Point Douglas condos are predicted at $694,105. North Point Douglas condos are sitting roughly $117,000 higher. That gap matters if you are thinking about what to do next.

The Secret Sauce: Why Your HonestDoor Price Beats the Tax Assessment

Your city assessment gets updated on a fixed schedule. It does not know what happened in the market last month. The HonestDoor Price does. Right now, it is showing that condo values here are climbing above their recent average, and that houses are holding steady at $177,371 despite a slow sales environment. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number you want in your hand, not a government document that could be 12 to 24 months out of date.

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

Here is the honest take, neighbour to neighbour.

If you own a house here: the market is slow and buyers know it. With 53 days on market and prices ranking near the bottom of Winnipeg, you are not in a rush-and-sell situation. The good news is your rental yield is strong at 6.12%, so holding and renting is a genuinely solid alternative to selling into a soft market right now.

If you own a condo here: the picture is much brighter. A top-12 growth ranking in Winnipeg is not something to ignore. Values are ticking up, and you are outpricing nearby neighbourhoods. If you have been waiting for a good window to sell, this summer looks more promising for condos than it does for houses.

Either way, pull your HonestDoor Price before you do anything else. It takes 30 seconds and it gives you the real-world number - not the one the city printed last year.

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.