Shaughnessy Park, Winnipeg - August 2026 Real Estate Report

Shaughnessy Park Real Estate Update: Your Neighbour's House Just Sold for 10% Over Asking

If you own a home in Shaughnessy Park and you haven't checked your property value lately, now is the time. The market here is moving fast - and the numbers are telling a story worth paying attention to.

The Vibe: What's Actually Happening on Our Streets

Houses - A Sellers' Market, Full Stop

We are not in a slow market. Houses in Shaughnessy Park are selling in an average of 10 days, and buyers are paying 109.66% of the list price. That means if a home is listed at $174,900, it's closing closer to $192,000. That's not a typo.

• Average sale price: $230,500 - up 0.2% from last month
• Average days on market: 10 days
• Sale-to-list ratio: 109.66% - buyers are paying over asking
• Price per square foot: $237
• Properties sold this month: 5
• HonestDoor Price: $285,198 - up 0.51% from the previous period
• Predicted market value: $283,742 - rising above the 3-month average of $280,552

Our neighbourhood ranks 10th out of 71 in Winnipeg for days-on-market speed. That puts us in the very fast-selling category across the city. For context on price, we rank 168 out of 185 - meaning we are still one of the more affordable options in Winnipeg. That combination - affordable and fast-moving - is exactly what draws buyers in.

On the rental side, the numbers hold up too. Estimated rent sits at $1,520 per month with a rental yield of 6.01%. For anyone thinking about holding a property as an investment, that is a strong return.

Condos - Top-Tier Growth, but a Slight Cooldown

The condo picture in Shaughnessy Park is a different story - and an interesting one. Values are high, growth is strong, but there's a small dip happening right now.

• Average HonestDoor Price: $666,629 - down 1.65% from the previous period
• Predicted market value: $677,817
• 3-month moving average: $679,611 - values are easing slightly
• Estimated rent: $3,082 per month
• Rental yield: 3.54%
• Recent value change: 2.10%

Here's the leaderboard stat worth knowing: Shaughnessy Park condos rank 19th out of 175 neighbourhoods in Winnipeg for growth. That puts us in the top 11% of the city. The slight month-over-month dip is the market taking a breather - not a warning sign. When you're ranked that high for growth, a small pullback is normal.

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 sales data from a specific window, runs its formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price is updated in real time. It pulls from actual current sales, current listing activity, and current market trends. For houses in Shaughnessy Park, the HonestDoor Price of $285,198 is sitting above the average sale price of $230,500 - reflecting what the market is actually trending toward, not where it was six months ago.

If you're making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the real-world check. Your tax assessment is a historical document. Your HonestDoor Price is today's number.

The So What: Should You Sell This Summer?

If you own a house in Shaughnessy Park and you've been sitting on the fence, the data is pointing in one direction. Buyers are competing. Homes are gone in 10 days. And they're paying over asking price. That is about as good as it gets for a seller.

Compare us to nearby neighbourhoods and the case gets stronger. Weston Shops is averaging $199,804. Burrows Central sits at $220,447. Burrows Keewatin comes in at $279,338. Shaughnessy Park at $285,198 is leading the pack - and buyers who get priced out of other Winnipeg neighbourhoods are looking here next.

For condo owners, the timing is still solid. A top-20 growth ranking in the city means your asset has been performing. The slight dip in value right now could mean listing sooner rather than later makes sense - before the market fully digests that cooldown.

Bottom line: check your HonestDoor Price today, compare it to what's selling on your street, and have an honest conversation about what this summer could mean for your wallet. The window is open right now.

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.