St Boniface Industrial Park, Winnipeg - October 2026 Real Estate Report
St Boniface Industrial Park, Winnipeg: What Your Home Is Actually Worth Right Now
The Vibe in St Boniface Industrial Park
If you've been watching the "For Sale" signs around here lately, here's what's actually happening. The market is moving, but it's not moving the same way for everyone. Houses and condos are telling two different stories right now, and which one you're in matters a lot for your wallet.
Houses: Prices Are Up, But Read the Fine Print
The average sale price for houses here hit $594,700 this period - that's up 26.5% from last month. Before we get too excited, only 1 house sold, down 50% from the month before. One sale can swing the average hard, so treat that jump as a signal, not a guarantee.
What we can say with more confidence: listings are sitting at an average of $624,900, and homes are selling at about 95% of list price. That means buyers are getting a small discount off the ask. Properties are also sitting on the market for an average of 44 days, which is not a fast-moving situation.
- Average HonestDoor Price (Houses): $570,251 - up 0.74% from last period
- Average sale price: $594,700
- Price per square foot: $395
- Average days on market: 44
- Homes selling at: 95.17% of list price
- Estimated monthly rent: $2,804
- Rental yield: 5.51% - that's a strong return
- Neighbourhood growth rank: 131 out of 191 in Winnipeg
- Price rank: 66 out of 188 - above average for the city
On the neighbourhood leaderboard, houses here rank 131 out of 191 for growth. That puts us in the below-average tier for price momentum right now. The market is taking a breather on the growth side. But on price level alone, we sit above most of Winnipeg at rank 66 - so the value is here, it's just not sprinting.
Condos: A Quieter Story With a Solid Upside
Condo activity is thin - 1 sale, essentially unchanged from last month. The average sale price came in at $289,100, and price per square foot is around $312. That's actually below what sold in nearby Mission Gardens ($308,300), so there may be room to grow.
The bigger number to watch is the HonestDoor Price, which sits at $405,208 - up 8.17% from the previous period. That's a meaningful jump and suggests the real-world value of condos here is tracking higher than recent sale prices alone would tell you.
- Average HonestDoor Price (Condos): $405,208 - up 8.17%
- Average sale price: $289,100
- Price per square foot: $312
- Estimated monthly rent: $2,075
- Rental yield: 4.08% - moderate but steady
- Neighbourhood growth rank: 76 out of 175 in Winnipeg - above average
- Price rank: 56 out of 126 - above average for the city
On the condo leaderboard, we rank 76 out of 175 for growth - that puts us in the above-average tier. Not leading the pack, but not falling behind either. For condo owners here, the trajectory is better than the headlines suggest.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing most homeowners don't realize. Your city assessment is a snapshot from the past. It gets updated on a schedule, not in real time. By the time it lands in your mailbox, the market has already moved.
The HonestDoor Price is a live estimate - it pulls from actual transaction data, current listing activity, and what's happening in neighbourhoods around us right now. For houses in St Boniface Industrial Park, that number is $570,251. For condos, it's $405,208. These are the numbers a buyer's agent is looking at today, not the figure on a government form from last year.
If you're making any financial decision tied to your home - refinancing, selling, even just knowing where you stand - the HonestDoor Price is the real-world check you want in your corner.
The "So What?" - Thinking About Selling This Summer?
Here is the honest read for anyone thinking about listing this summer.
For house sellers: you're priced above most of Winnipeg, and the HonestDoor Price has ticked up 0.74%. But homes are sitting 44 days on average and selling below list. That means pricing sharp from day one matters more than ever. Overpricing and chasing the market down is the move to avoid. Come in tight, and you'll find a buyer.
For condo sellers: the HonestDoor Price is up 8.17%, which is a real tailwind. Sale prices are running below that number right now, which could mean the market hasn't fully caught up yet - or it could mean buyers are negotiating hard. Either way, knowing your HonestDoor Price before you list puts you in a stronger position at the table.
Bottom line - St Boniface Industrial Park is not the hottest neighbourhood on the Winnipeg leaderboard right now, but it holds solid value above most of the city. If you're selling, go in informed. Check your HonestDoor Price first.
st boniface industrial 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.