Pembina Strip, Winnipeg - October 2026 Real Estate Report
Pembina Strip, Winnipeg: Your Neighbour Just Listed - Here Is What You Need To Know
The Vibe Right Now
If you have been watching the "For Sale" signs along Pembina Strip lately, here is what is actually happening. The market is taking a breather. Not crashing, not booming - just cooling off a touch. That is useful information whether you are thinking about selling, buying, or just keeping tabs on your biggest asset.
Houses: The Real Numbers
The average HonestDoor Price for a house in Pembina Strip sits at $489,083. That is down 1.21% from the previous period, and the predicted market value of $495,062 is also sliding below its 3-month moving average of $500,847. So yes, we are seeing a soft patch. Property values have shifted by -1.50% recently, and on the neighbourhood growth leaderboard, Pembina Strip houses rank 101 out of 191 in Winnipeg - right in the below-average zone.
Here is the silver lining for landlords and investors: the rental yield on houses is sitting at 5.66%, which is genuinely strong. With an average rental estimate of $2,389 per month, a house here still makes real financial sense as an income property.
- Average HonestDoor Price (Houses): $489,083
- Recent price change: -1.21%
- Predicted market value: $495,062
- 3-month moving average: $500,847
- Average rental estimate: $2,389/month
- Rental yield: 5.66%
- Airbnb estimate: $119/night
- Growth rank: 101 out of 191 in Winnipeg
For context, nearby Agassiz is running a predicted value of $518,342 - a bit ahead of us. Maybank comes in cheaper at an average HonestDoor Price of $373,596, and Chevrier is in a completely different price tier at $1,853,967. Pembina Strip sits comfortably in the middle of that range.
Condos: A Different Story
The condo numbers here need some honest context. The average HonestDoor Price of $2,865,921 reflects the specific mix of condo properties in this neighbourhood - and it is up 2.00% from the previous period, which is a positive signal. But the predicted market value of $2,809,620 is trending below its 3-month moving average of $2,841,079, and the recent change of -2.68% puts condo growth at rank 145 out of 175 in Winnipeg. That is bottom-tier territory, and we should not sugarcoat it.
On the actual sales side, the picture is more grounded. The average sale price for condos that traded hands was $213,900, with listings averaging $234,900. Buyers paid about 97.62% of list price - slightly below asking - which tells us buyers have a little room to negotiate. Properties moved in an average of 15 days, which is actually fairly quick - a days-on-market rank of 14 out of 59 in Winnipeg. So while growth is sluggish, condos that are priced right are not sitting forever.
- Average HonestDoor Price (Condos): $2,865,921
- Recent price change: +2.00%
- Average sale price: $213,900
- Average list price: $234,900
- Price per square foot: $240
- Sale-to-list ratio: 97.62%
- Average days on market: 15
- Rental estimate: $6,048/month
- Rental yield: 3.05%
- Airbnb estimate: $301/night
- Growth rank: 145 out of 175 in Winnipeg
- Properties sold in 2026: 20
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment - it is a snapshot from the past. By the time it 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. Right now, with house values dipping 1.21% and condo values shifting -2.68%, the gap between what the city thinks your home is worth and what a buyer would actually pay today could be significant.
If you are a Pembina Strip homeowner, checking your HonestDoor Price right now is not just curiosity - it is a real-world check on your net worth. Do not wait for the next assessment cycle to find out where you actually stand.
The So What - Thinking About Selling This Summer?
Straight talk: this is not a seller's market right now in Pembina Strip. Values are easing, and the growth rank of 101 out of 191 for houses tells us we are not leading the pack. But "taking a breather" is not the same as a bad time to sell.
If you are a house owner, the strong 5.66% rental yield means buyers who are investors are still paying attention to this neighbourhood. Price it right and you will find them. If you are a condo owner, the 15-day average days on market is your friend - the buyers who are looking are moving fast. The key word there is "priced right." At 97.62% sale-to-list, buyers are not paying full ask, so coming in aggressive on price will cost you time and money.
The move this summer is simple: get your HonestDoor Price, compare it to what similar homes are actually selling for, and price with the current market - not the one from six months ago. That is how you sell in a cooling market without leaving money on the table.
pembina strip | 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.