St James Industrial, Winnipeg - October 2026 Real Estate Report
St James Industrial, Winnipeg: Your Neighbour Just Got a Raise - Did You?
The Vibe Right Now
If you own property in St James Industrial, the numbers are worth a close look. The story splits pretty cleanly depending on what you own - a house or a condo - and the two are moving in different directions right now.
Houses: The average HonestDoor Price sits at $754,359, up 4.82% from the previous period. That is real money. The predicted market value for houses is $719,650, and it is sitting just below the 3-month moving average of $725,161 - which means we are seeing a slight cooling after a strong run. Think of it as the market catching its breath, not falling off a cliff. Houses here rank 52 out of 191 neighbourhoods in Winnipeg for growth. That puts us solidly above average on the city leaderboard.
Condos: This is where it gets interesting. The average HonestDoor Price for condos is $278,417, up 0.35%. But the predicted market value of $277,458 is actually climbing above the 3-month moving average of $274,197. Condo values have moved up 3.78% recently, and that growth ranks 11 out of 175 comparable neighbourhoods in Winnipeg. Top performers. That is not a typo.
- House HonestDoor Price: $754,359 - up 4.82%
- House predicted market value: $719,650
- House rental estimate: $3,042 per month
- House rental yield: 5.56% - strong returns
- House Airbnb estimate: $151 per night
- House growth rank: 52 out of 191 in Winnipeg
- Condo HonestDoor Price: $278,417 - up 0.35%
- Condo predicted market value: $277,458
- Condo rental estimate: $1,504 per month
- Condo rental yield: 4.24% - moderate returns
- Condo Airbnb estimate: $75 per night
- Condo growth rank: 11 out of 175 in Winnipeg
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing most homeowners in St James Industrial do not realize. Your city assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street right now. By the time that number lands in your mailbox, the market has already moved.
The HonestDoor Price is a real-time check on what your property is actually worth today. For house owners here, that gap between the static government number and the live HonestDoor Price of $754,359 could represent tens of thousands of dollars you are either leaving on the table or using to make smarter decisions. For condo owners sitting in the top 11 neighbourhoods in the city for growth, knowing your current number is not optional - it is the whole game.
Do not wait for the city to tell you what your home is worth. Check your HonestDoor Price now, while the data is fresh.
The So What - Thinking About Selling This Summer?
For house sellers, the timing conversation is real. Values are up nearly 5% and the rental yield of 5.56% tells us demand for this area is genuine - people want to be here, whether they are buying or renting. The slight dip below the 3-month moving average is worth watching, but it is not a red flag. It is a normal pause. Listing this summer means you are still riding a strong wave.
For condo sellers, the case is even sharper. A top-11 growth ranking in Winnipeg is the kind of stat that gets buyers paying attention. Values are trending up, not down. If you have been sitting on the fence, this is the data that should push you to at least get a current number on your unit before summer inventory picks up and competition increases.
Either way, the move is the same - get your HonestDoor Price, compare it to what your neighbours are listing at, and make a decision based on real numbers. Not last year's assessment. Not a gut feeling. The data is right here.
st james industrial | 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.