Point Road, Winnipeg - September 2026 Real Estate Report

Point Road, Winnipeg: What's Actually Happening With Home Prices Right Now

If you live on Point Road and you haven't checked your property value lately, here's the honest truth - the market is moving, just not in a straight line. Here's what the numbers are actually telling us.

The Vibe: Houses vs. Condos in Point Road

Let's break it down by property type, because the two stories here are pretty different.

Houses - Steady, But Taking a Breather

Houses in our neighbourhood are holding their ground, but buyers have a little more breathing room than they did. Here's the snapshot:

• Average HonestDoor Price: $442,880 - down 1.10% from last period
• Average sale price: $415,520
• Current average list price: $449,900
• Price per square foot: $353
• Homes are selling at 99.78% of list price - buyers are getting just a hair under asking
• Average days on market: 31 days
• 5 homes sold recently
• Predicted market value: $447,801 - up from the 3-month average of $442,832
• Estimated monthly rent: $2,291 with a rental yield of 5.73%

That 31-day average is worth paying attention to. Wildwood next door is moving homes in 16 days, and Kingston Crescent is doing it in 27. We're not in a slow market - but we're not in a frenzy either. Think of it as a stable buyers' market where a well-priced home still sells, it just doesn't get snapped up overnight.

On the neighbourhood leaderboard, Point Road houses rank 66 out of 191 for growth in Winnipeg - that puts us in above-average territory. Price rank sits at 69 out of 187, also above average. Days-on-market rank is 30 out of 71, meaning we're in the moderately fast-selling camp city-wide.

Compare that to nearby neighbours: Wildwood is averaging $648,491 and Kingston Crescent is at $612,180. We're priced below both, which actually makes Point Road an interesting entry point for buyers who want to be close to those pricier pockets without paying that premium.

Condos - Fast-Moving and High-Value

The condo picture in Point Road is a different animal entirely. The HonestDoor Price for condos sits at $2,313,709 - yes, that number is real. It has dipped 1.86% recently, but the predicted market value is $2,357,464. That said, actual sale prices are coming in around $393,900, so there's a wide range in what "condo" means on our street.

• Average HonestDoor Price: $2,313,709 - down 1.86%
• Average sale price: $393,900
• Current average list price: $394,900
• Price per square foot: $303
• Sold at 99.75% of list price
• Average days on market: 6 days
• Estimated monthly rent: $7,162 with a rental yield of 2.49%
• Airbnb estimate: $356 per night

Six days on market. That's it. Condos here are moving fast - Point Road ranks 7 out of 52 in Winnipeg for condo days-on-market speed. If you own a condo here and you're thinking about selling, that stat matters. On price, we rank 25 out of 125 - putting us among the most expensive condo markets in the city.

The rental yield of 2.49% is moderate, but that Airbnb rank of 41 in Winnipeg tells you there's real short-term rental demand here if you want to go that route.

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

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a specific valuation date and applies it broadly. It doesn't know what happened on your street last month, or that the predicted market value for houses just ticked up to $447,801 while the 3-month average was sitting at $442,832.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and local sale trends. Right now, with 22 property transactions recorded in Point Road in 2026, there's fresh, real-world data feeding that number. Your tax assessment doesn't have that. It's the difference between a photo from last year and a live video feed.

If you're making any financial decision - refinancing, listing, or just figuring out where you stand - the HonestDoor Price is the number to start with, not the one on your tax notice.

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

If you're a house owner on Point Road and you're eyeing a summer sale, here's the straight talk:

• Pricing sharp matters right now. Homes are selling at 99.78% of list - buyers aren't overpaying, but they're not walking away either.
• Your competition is real. Wildwood and Kingston Crescent are priced higher, which can actually work in your favour - buyers priced out of those streets look at Point Road next.
• 31 days on market is manageable, but don't expect a bidding war unless you price it right from day one.
• With a rental yield of 5.73%, investor buyers are paying attention to Point Road houses. That's a wider pool of potential buyers for you.

If you own a condo here, the case for selling this summer is even stronger. Six days on market and a top-25 price ranking in the city means demand is real and buyers are ready to move quickly.

Bottom line - Point Road is not a market in trouble. It's a market taking a measured pause while still outperforming most of Winnipeg on the leaderboard. If you're thinking about making a move, check your HonestDoor Price first. It's the most current read you're going to get on what your home is actually worth today.

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.