Sir John Franklin, Winnipeg - July 2026 Real Estate Report

Sir John Franklin, Winnipeg: Your Neighbour Just Listed. Here's What You Need to Know.

If you've been watching the "For Sale" signs on your street and wondering what your place is actually worth right now, this is your update. Sir John Franklin is sitting in an interesting spot - prices are holding up better than most of Winnipeg, but the market is clearly taking a breather. Here's the real picture.

The Vibe: Houses vs. Condos

Let's break down what's happening for each property type, because the story is pretty different depending on what you own.

Houses - Strong Value, Slow Burn

We're seeing some month-to-month noise in the house numbers, but the fundamentals here are solid. The average sale price came in at $578,433 this month, and homes are sitting on the market for an average of 107 days. That's a long time - and it tells us buyers are being choosy. Sellers are getting 99.32% of their list price on average, which means there's almost no room to pad your asking price and hope for the best.

• Average HonestDoor Price: $478,220 - up 2.14% from last period
• Average sale price this month: $578,433
• Current average listing price: $709,000
• Price per square foot: $454
• Average days on market: 107
• Properties sold last month: 3 (up 50% from the month before)
• Predicted market value: $468,605
• Estimated monthly rent: $2,337 - rental yield of 5.70%
• Growth rank: 31 out of 193 neighbourhoods in Winnipeg

That growth rank is worth pausing on. Out of 193 comparable neighbourhoods across Winnipeg, Sir John Franklin houses land at number 31. That puts us in the top tier of the city's neighbourhood leaderboard for value growth. The days-on-market rank tells a different story though - 55 out of 67 means houses here are among the slowest to sell in the city right now. Price it right, or it sits.

Condos - Faster Sales, Premium Price Tag

Condos in Sir John Franklin are a different animal. Only one sold last month, but it moved in 29 days - a much tighter turnaround than the house market. We're also sitting at a price rank of 12 out of 121 condo neighbourhoods in Winnipeg, which means our condos are among the most expensive in the city. That's not a bad thing if you own one.

• Average HonestDoor Price: $590,458 - up 0.56% from last period
• Average sale price this month: $434,900
• Current average listing price: $388,900
• Price per square foot: $403
• Average days on market: 29
• Properties sold last month: 1
• Predicted market value: $587,143
• Estimated monthly rent: $2,713 - rental yield of 3.70%
• Growth rank: 46 out of 190 neighbourhoods in Winnipeg

The predicted market value of $587,143 is actually climbing above the 3-month moving average of $579,583. That's a quiet signal that condo values here are trending in the right direction, even if the monthly sale numbers bounce around.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your block last Tuesday, and it definitely doesn't reflect the 2.14% bump in house values or the condo growth we've seen recently.

The HonestDoor Price is updated in real time using actual transaction data. For houses, that's $478,220. For condos, it's $590,458. These numbers move with the market - not with a government update cycle that can lag by a year or more. If you're making any financial decision - refinancing, selling, even just knowing your net worth - the HonestDoor Price is your real-world check against a number that may already be out of date.

With Sir John Franklin houses ranking 32 out of 185 for price across Winnipeg, your property is in rare company. That's not reflected in most assessments people are still looking at.

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

If you're a house owner eyeing a summer sale, here's the honest take. Demand exists - we're in the top third of Winnipeg for growth - but buyers are taking their time. That 107-day average means you need to come in priced sharp from day one. Overpricing and dropping later is the slowest, most expensive way to sell in this market.

For condo owners, the picture is more encouraging. Faster sales, a rising predicted value, and a top-12 price ranking in the city means there's real buyer interest. One condo sold last month and it didn't linger.

Either way, the move right now is to check your HonestDoor Price before you call an agent, not after. Know your number. Then price with confidence.

• House rental income potential: $2,337 per month - yield of 5.70%
• Condo rental income potential: $2,713 per month - yield of 3.70%
• Total house transactions in 2026 so far: 14
• Total condo transactions in 2026 so far: 3

Sir John Franklin is not a neighbourhood that makes headlines - it just quietly holds its value while the rest of the city catches up. That's exactly the kind of market worth paying attention to.

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.