Shaughnessy Park, Winnipeg - September 2026 Real Estate Report

Shaughnessy Park Real Estate Update: Houses Are Flying Off the Market, But Condos Are a Different Story

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 telling two very different stories depending on what you own - and one of them is really good news for house owners thinking about selling this summer.

The Vibe: Houses vs. Condos

Let's start with houses, because the numbers are genuinely impressive for sellers. We're seeing homes sell in an average of just 10 days. That's not a slow market taking a breather - that's buyers moving fast. Properties are selling at 109.66% of list price on average, meaning sellers are routinely walking away with more than they asked for. Five homes sold recently, the average sale price sits at $230,500, and listings are coming in around $174,900. The gap between list and sale price tells you everything: demand is outpacing supply on our streets.

• Average sale price (Houses): $230,500
• Average list price this month: $174,900
• Sale-to-list ratio: 109.66% - sellers are winning
• Average days on market: 10 days
• Price per square foot: $237
• Rental yield: 6.01% - strong returns for landlords
• Estimated monthly rent: $1,527

Condos are a different conversation. We're seeing the predicted market value at $666,629, but that number is actually dipping - down from a 3-month moving average of $669,443, with a recent value change of -1.65%. The condo growth rank sits at 138 out of 175 Winnipeg neighbourhoods. That puts us in below-average territory for condo appreciation right now. It's not a crisis, but it's worth paying attention to if a condo is your main asset.

• Predicted condo market value: $666,629
• 3-month moving average: $669,443 (trending down)
• Recent value change: -1.65%
• Condo growth rank: 138 out of 175 Winnipeg neighbourhoods
• Estimated monthly rent: $3,014
• Rental yield: 3.57% - moderate, not spectacular

The Neighbourhood Leaderboard

Here's where Shaughnessy Park houses actually shine on the city-wide scoreboard. Our days-on-market rank is 10 out of 71 comparable Winnipeg neighbourhoods. That puts us near the very top for speed - buyers want in here. On growth, we rank 74 out of 191 neighbourhoods, which lands us in above-average territory across the city. On price, we rank 169 out of 187, meaning we're one of the more affordable options in Winnipeg. That combination - affordable, fast-selling, above-average growth - is exactly what attracts buyers and investors.

Compare us to the neighbours: Weston Shops houses average $197,552 and Burrows Central sits at $219,698. Shaughnessy Park houses, at an average HonestDoor Price of $282,647, are priced higher - and the market is backing that up with real sales data.

The Secret Sauce: Your HonestDoor Price vs. That Old Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The city runs those numbers on a cycle, and by the time that letter hits your mailbox, the market has already moved. The HonestDoor Price is updated in real time using actual transaction data, current listings, and neighbourhood trends. Right now, the HonestDoor Price for houses in Shaughnessy Park is $282,647. The predicted market value for houses is $284,859 - and that number is climbing above the 3-month moving average of $281,770.

That gap between what the city thinks your home is worth and what a buyer would actually pay today? That's money left on the table if you're making decisions based on old paperwork. The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Shaughnessy Park, the case for selling this summer is straightforward. Homes are moving in 10 days. Buyers are paying over asking. The market is a stable sellers' market right now. You're sitting in an affordable, above-average-growth neighbourhood that buyers are actively seeking out. Listing around $174,900 to $230,500 puts you right in the sweet spot where demand is clearly strong.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. Values are softening slightly and the growth rank isn't doing us any favours right now. That doesn't mean panic - a 3.57% rental yield still covers costs for investors - but if you were planning to sell, sooner is probably better than waiting for a rebound that isn't guaranteed.

Bottom line: Shaughnessy Park is a solid neighbourhood with real momentum on the house side. Check your HonestDoor Price, know what you actually have, and make your move with real numbers - not last year's assessment.

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.