Point Road, Winnipeg - August 2026 Real Estate Report

Point Road, Winnipeg: Your Neighbour Just Sold - Here Is What You Need To Know

If you have been watching the "For Sale" signs on Point Road lately, the market is sending some mixed signals. Prices are holding up better than you might think, but things are definitely taking a breather. Here is the straight story on what is happening to your home's value right now.

The Vibe: Houses vs. Condos in Point Road

Houses - Solid Ground, But Buyers Are Gaining Leverage

We are sitting at an average sale price of $415,520 for houses this period - down 41.5% from last month, which sounds alarming until you look closer. Only 5 houses sold, down from last month, so one or two lower-priced sales can swing that average hard. The HonestDoor Price for houses is averaging $447,801, up 0.59%, which tells a more stable story than the raw sales number suggests.

• Average HonestDoor Price: $447,801 (up 0.59%)
• Average sale price: $415,520
• Average list price: $449,900
• Price per square foot: $353
• Sold-to-list ratio: 99.78% - buyers are paying just under asking
• Average days on market: 31 days
• Properties sold this period: 5
• Estimated monthly rent: $2,291
• Rental yield: 5.74% - that is a strong return

Our houses are sitting on the market for 31 days on average. Compare that to Kingston Crescent at 27 days and Wildwood at just 16 days, and you can see buyers in Point Road have a little more breathing room to negotiate. That 99.78% sold-to-list ratio means sellers are still getting close to what they are asking - but the days of bidding wars pushing prices over list are not the story here right now.

On the neighbourhood leaderboard, Point Road houses rank 65 out of 193 neighbourhoods in Winnipeg for growth. That puts us in above-average territory - not leading the pack, but comfortably ahead of more than half the city. For price, we rank 48 out of 185, which means we are in the upper tier of Winnipeg neighbourhoods. That is a solid position to be in.

Condos - Fast-Moving but Watch the Trend

The condo picture in Point Road is a bit of a head-scratcher. The HonestDoor Price for condos is averaging $2,357,464 - well above what is actually trading hands. Only 1 condo sold this period at $393,900, essentially flat from last month. That single sale moved in just 6 days, which ranks us 7th out of 51 Winnipeg neighbourhoods for speed. When condos here hit the market at the right price, they go fast.

• Average HonestDoor Price: $2,357,464 (up 1.00%)
• Average sale price: $393,900
• Average list price: $394,900
• Price per square foot: $303
• Sold-to-list ratio: 99.75%
• Average days on market: 6 days
• Estimated monthly rent: $7,237
• Rental yield: 2.47%
• Airbnb rank in Winnipeg: 41st

The condo growth rank sits at 155 out of 175 Winnipeg neighbourhoods right now, and the predicted market value of $2,334,048 is dipping below the 3-month moving average of $2,369,176. With a rental yield of 2.47%, condos here are not the strongest income play compared to houses. If you own a condo in Point Road, this is a moment to pay attention to your numbers.

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. The city looks at sale data from a set valuation date and locks that number in. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time using current sales, listing activity, and neighbourhood trends. For Point Road houses, that number is $447,801 right now - and it is ticking upward. The 3-month moving average for predicted house values is $439,252, and the current predicted value of $445,159 is climbing past it. That upward momentum is exactly the kind of detail a static tax assessment will never show you.

If you are making any decision about your home - refinancing, selling, or just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need. Do not wait for a piece of government mail to tell you what your home is worth today.

The So What - Should You Sell in Point Road This Summer?

If you own a house in Point Road and have been thinking about listing, the window is real but it requires smart pricing. Here is the honest breakdown:

• Buyers are paying 99.78% of list price - price it right and you will get it
• 31 days on market means you have time, but you are not in a rush-and-panic situation
• Your competition from nearby Wildwood and Kingston Crescent is priced significantly higher - Wildwood averages $662,296 and Kingston Crescent averages $625,517 - which makes Point Road look like relative value to buyers
• Beaumont at $405,003 is the cheaper alternative nearby, so you are sitting in the middle of the market with a strong position
• A 5.74% rental yield means if your sale falls through or you want to hold, renting at $2,279 per month is a genuinely good fallback

The bottom line for summer sellers: Point Road is not a hot frenzy market right now, but it is not soft either. Price your house close to that $447,801 HonestDoor benchmark, present it well, and a serious buyer will be there within the month. If you are a condo owner, watch that predicted value trend closely - it is dipping, and waiting too long could cost you.

Want to know exactly where your specific property sits? Pull your HonestDoor Price today. It takes 30 seconds and it is the most current number you will find anywhere.

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.