Peguis, Winnipeg - October 2026 Real Estate Report
Peguis, Winnipeg: Your Neighbour Just Got a Better Offer Than You Think
If you own a home in Peguis and you're still relying on your city tax assessment to know what your place is worth, you're probably working with stale numbers. Here's what's actually happening on the ground right now.
The Vibe - Houses in Peguis
We're seeing something interesting with houses here. The average sale price is sitting at $503,420, up 2.6% from last month. That's real momentum. Listings are averaging $499,950, and homes are selling at 98.19% of list price - so buyers are getting a slight discount, but sellers aren't giving away the farm.
- Average HonestDoor Price: $546,289 (up 0.95%)
- Average sale price: $503,420
- Price per square foot: $411
- Average days on market: 64 days
- Properties sold this month: 5
- Estimated monthly rent: $2,689 - $2,710
- Rental yield: 5.56%
The honest truth? Homes are taking about 64 days to sell, which is on the slower side - Peguis ranks 56 out of 78 Winnipeg neighbourhoods for speed of sale. So if you're selling, patience is part of the plan. On the growth leaderboard, we sit at 97 out of 191 Winnipeg neighbourhoods. That's below the midpoint, which means we're not leading the pack right now. The market is taking a breather on appreciation.
One bright spot for landlords and investors: a 5.56% rental yield is genuinely strong. If you're holding a house here and renting it out, the math is working in your favour.
The Vibe - Condos in Peguis
Condos tell a different story. The average sale price is $234,020, essentially flat from last month. Listings are sitting at $299,900, and condos are selling at 96.50% of list - buyers are negotiating a bit more room here. The good news is condos are moving faster, averaging just 29 days on market.
- Average HonestDoor Price: $2,248,490 (up 2.45%)
- Average sale price: $234,020
- Price per square foot: $311
- Average days on market: 29 days
- Properties sold this month: 5
- Estimated monthly rent: $4,798 - $4,867
- Rental yield: 3.38%
On the condo growth leaderboard, Peguis ranks 111 out of 175 Winnipeg neighbourhoods - below average. Values have dipped 2.05% recently, and the predicted market value of $2,194,647 is trending down from the 3-month average of $2,208,462. Not a freefall, but worth watching. Days-on-market rank is 25 out of 59, which actually puts us in decent shape for speed compared to other condo markets in the city.
The Secret Sauce - Why Your HonestDoor Price Matters Right Now
Here's the thing about city assessments: they're snapshots 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 from actual transaction data and current market signals - not a government formula that runs on a lag.
For houses in Peguis, the HonestDoor Price of $546,289 is notably higher than the recent average sale price of $503,420. That gap matters. It tells us there's potential value that recent sales haven't fully captured yet. For condos, the HonestDoor Price reflects a much broader picture of the segment's value range in this area.
Bottom line: if your neighbour sold six months ago and you're using that as your benchmark, you could be leaving money on the table - or pricing yourself out of a sale. Check your HonestDoor Price before you do anything else.
The So What - Thinking About Selling This Summer?
If you're a house owner in Peguis and you're eyeing a summer sale, here's the straight talk. Prices are up month-over-month, which is a green light. But with 64 average days on market and a growth rank sitting in the bottom half of Winnipeg neighbourhoods, you need to price sharp from day one. Overpricing and then chasing the market down is the worst move you can make right now.
List close to your HonestDoor Price, not above it. Buyers are doing their homework, and they'll know if you're dreaming.
For condo owners, the faster 29-day average is encouraging - but values are softening slightly. If you've been sitting on the fence, sooner is probably better than later while the HonestDoor Price is still showing a 2.45% gain from the previous period.
Want to see exactly where your property sits right now? Pull your HonestDoor Price before your next conversation with a realtor. It's the real-world check that puts you in the driver's seat.
peguis | 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.