Peguis, Winnipeg - July 2026 Real Estate Report

Peguis, Winnipeg: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Peguis and you're still going off your city tax assessment, you're probably leaving money on the table. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos

Let's break it down for us locals, because houses and condos are telling two very different stories this month.

Houses - Still Moving Fast

Houses in Peguis are holding strong. The average sale price hit $536,900 this month, up 3.9% from last month. That's not a fluke - that's real momentum. Homes are sitting on the market for just 13 days on average, which puts us at rank 13 out of 67 neighbourhoods in Winnipeg for speed. We are near the top of that leaderboard.

• Average HonestDoor Price: $544,645 (up 1.21%)
• Average sale price this month: $536,900
• Listings averaging: $579,900
• Price per square foot: $328
• Homes selling at 98.60% of list price
• Average days on market: 13
• 4 properties sold this month
• Estimated monthly rent: $2,677
• Rental yield: 5.56%
• Neighbourhood growth rank: 128 out of 193 in Winnipeg
• Price rank: 62 out of 185 in Winnipeg - above average

The 13-day average is the number to pay attention to. Buyers are not sitting around here. When a good house hits the market in Peguis, it goes. The 3-month predicted value sits at $538,155, which is slightly below the 3-month moving average of $552,638 - so we're taking a small breather on the trajectory, but the month-over-month sale price jump says demand is still real.

On the neighbourhood leaderboard for growth, we rank 128 out of 193. That puts us in the below-average tier for price appreciation right now. Not a crisis, but not a rocket ship either. The story here is speed and stability, not explosive growth.

Condos - Taking a Breather

The condo side is a different conversation. The average sale price dropped 7.0% from last month to $300,000, and homes are sitting for 36 days on average. That's slower. Buyers in the condo market have more room to negotiate, and the numbers show it - properties are selling at 98.04% of list price.

• Average HonestDoor Price: $2,190,117 (up 0.88%)
• Average sale price this month: $300,000
• Listings averaging: $263,900
• Price per square foot: $310
• Condos selling at 98.04% of list price
• Average days on market: 36
• 3 properties sold this month
• Estimated monthly rent: $4,779
• Rental yield: 3.39%
• Neighbourhood growth rank: 125 out of 190 in Winnipeg
• Price rank: 49 out of 121 in Winnipeg - above average

The condo growth rank of 125 out of 190 puts us below average on the Winnipeg leaderboard for that property type too. The rental yield of 3.39% is moderate - not a bad number, but house investors are getting 5.56%, which is a much stronger return. If you're holding a condo in Peguis as a rental, it's working, just not as hard as a house would.

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

Here's the thing about city assessments - they're snapshots from the past. The city looks at sales data from a window that can be 12 to 24 months old, then locks in a number that sits on your file until the next cycle. Meanwhile, the market in Peguis has moved.

The HonestDoor Price is updated in real time using current sales, current listings, and current market signals. For houses in Peguis, that number is sitting at $544,645 right now. If your tax assessment is lower than that - and for many of us it probably is - you could be undervaluing your biggest asset when it comes to refinancing, selling, or even just knowing your net worth.

Think of the HonestDoor Price as the real-world check. It's what a buyer would likely pay today, not what a government office calculated last year. With 25 house transactions and 18 condo transactions already recorded in 2026, there's fresh data backing these numbers up.

The So What - Should You Sell This Summer?

If you own a house in Peguis and you've been thinking about selling, this summer has a reasonable case behind it. Homes are moving in 13 days. Buyers are paying close to full list price. The average sale price is up nearly 4% from just last month. That's a window worth paying attention to.

A few things to keep in mind before you plant that sign in the yard:

• Your competition is priced around $579,900 on average - price sharp and you move fast
• Buyers are active but not reckless - they're paying 98.60% of list, so overpricing will cost you days and leverage
• Nearby, Kildonan Crossing houses are averaging $649,780 - if your home has the features to compete, that ceiling is not far off
• Regent is cheaper at $409,100 - buyers who get priced out there may be looking your way

If you own a condo, the summer picture is a bit more patient. With 36 days on market and a 7% price dip month-over-month, you're not in panic territory, but you're also not in a rush-to-list situation. Price it right from day one and give it time.

Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real number, not the stale one sitting in a government database. That's the move.

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.