Shaughnessy Park, Winnipeg - October 2026 Real Estate Report
Shaughnessy Park Real Estate Update: Solid Houses, Shaky Condos - Here's the Full Picture
The Vibe Right Now
If you've been watching the "For Sale" signs in Shaughnessy Park, here's what's actually happening. We're sitting in a split market. Houses are holding their ground as a reliable, affordable bet in Winnipeg. Condos are a different story - values are sliding and the numbers deserve a closer look before anyone makes a move.
Houses: The Honest Breakdown
The average HonestDoor Price for a house in Shaughnessy Park is $283,275 - up a modest 0.22% from last period. That's not a fireworks show, but it's movement in the right direction. The predicted market value sits at $282,647, which is just slightly off the 3-month moving average of $283,646. Basically, house values here are holding steady, not cratering.
- Average HonestDoor Price: $283,275 (up 0.22%)
- Average sale price: $389,400
- Current average list price: $429,000
- Price per square foot: $364
- Sale-to-list ratio: 90.77% - buyers are paying below asking
- Average days on market: 29 days
- Properties sold this month: 1
- Estimated monthly rent: $1,518
- Rental yield: 6.01% - that's a strong return
That 90.77% sale-to-list ratio is the number to pay attention to. It means buyers in our neighbourhood are negotiating, and they're winning. This is a buyers' market for houses right now. If you're selling, pricing sharp from day one matters more than ever. Sitting at $429,000 and hoping someone bites is a strategy that's getting punished.
On the neighbourhood leaderboard, Shaughnessy Park houses rank 56 out of 191 for growth in Winnipeg - that puts us in above-average territory. Days on market ranks 29 out of 78, meaning homes here sell at a moderately fast pace compared to the rest of the city. For affordability, we rank 162 out of 188 - one of the more accessible price points in Winnipeg, which keeps buyer demand real.
Compare that to neighbours like Weston Shops at $197,622 and Burrows Central at $221,630 - Shaughnessy Park houses are priced higher, and the rental yield backs up why investors keep circling this area.
Condos: Take a Breath Before You Jump
The condo picture is more complicated. The average HonestDoor Price is $681,685 - up 5.43% from last period on paper. But the predicted market value tells a different story at $646,555, which is already down from the 3-month moving average of $663,667. Values have dropped 3.01% recently. That's the market taking more than a breather.
- Average HonestDoor Price: $681,685 (up 5.43% from prior period)
- Predicted market value: $646,555
- 3-month moving average: $663,667
- Recent value change: -3.01%
- Estimated monthly rent: $3,078
- Rental yield: 3.59% - moderate, not exciting
- Airbnb estimate: $153 per night
A 3.59% rental yield on a condo priced near $650,000 is not a number that gets investors excited. Compare that to the 6.01% yield on houses here - the math strongly favours the house side of the ledger for anyone thinking about this as an income property.
On the neighbourhood leaderboard, Shaughnessy Park condos rank 151 out of 175 for growth in Winnipeg. That puts us near the bottom of the pack. If you own a condo here and you've been thinking about selling, this is the data point that should get your attention.
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 set valuation date and applies it across the board. It doesn't know what happened on your street last month. It doesn't adjust for the fact that condo values in Shaughnessy Park have slipped 3% recently, or that house prices are holding steadier than the broader trend might suggest.
The HonestDoor Price is updated in real time using actual transaction data and market signals. For houses here, it's pegging value at $282,647 - which is a live, working number, not a government estimate that could be 12 to 18 months stale. If you're refinancing, selling, or just want to know where you actually stand, the HonestDoor Price is the real-world check your assessment can't give you.
With 21 property transactions recorded in Shaughnessy Park in 2026, there's enough real activity to make these numbers meaningful - not guesswork.
So What Does This Mean If You're Thinking About Selling This Summer?
For house owners - you're in a reasonable spot, but don't get greedy. The market is telling sellers that buyers have options and they know it. That 90.77% sale-to-list ratio means the days of listing high and waiting are over for now. Price it right from the start, lean on the 29-day average market time, and you can still get a clean deal done this summer.
For condo owners - the honest answer is that the window may be tightening. Values are trending down, the growth rank sits near the bottom of Winnipeg neighbourhoods, and the rental yield isn't strong enough to attract investors at current prices. If selling is on your radar, sooner is likely better than later while the HonestDoor Price is still at $681,685. Waiting for the market to recover is a bet, not a plan.
Either way, pull your HonestDoor Price before you call an agent. Know your number before anyone else in the room does.
shaughnessy park | 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.