Sturgeon Creek, Winnipeg - October 2026 Real Estate Report
Sturgeon Creek Real Estate: What Your Neighbours Aren't Telling You
If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Sturgeon Creek is a mixed bag right now - houses and condos are telling two very different stories, and your city assessment is almost certainly not keeping up with either of them.
The Vibe: Houses vs. Condos
Houses - Taking a Breather
The average sale price for a house in Sturgeon Creek sits at $395,920, which is up 7.6% from last month. That sounds great on the surface. But dig a little deeper and we see a few signs the market is cooling off. Homes are sitting for 18 days on average before selling - longer than nearby Crestview, where houses are moving in 13 days. Buyers are also paying 94.45% of list price, meaning sellers are giving up ground at the negotiating table.
- Average sale price: $395,920 (up 7.6% from last month)
- Average list price: $439,900
- Price per square foot: $387
- Average days on market: 18
- Sale-to-list ratio: 94.45%
- Properties sold this month: 5
- Rental yield: 5.83%
- Estimated monthly rent: $2,068
- Neighbourhood growth rank: 128 out of 191 in Winnipeg
On the leaderboard, houses in Sturgeon Creek rank 128 out of 191 Winnipeg neighbourhoods for growth. That puts us in the below-average tier right now. The 3-month moving average for predicted value is $401,191, and the current predicted value of $396,717 is sitting below that line. The market isn't falling off a cliff - it's just taking a breather.
Condos - A Different Story Entirely
Condos here are moving fast. One sold this month and it was gone in 2 days. Buyers paid 99.67% of list price - basically full ask. The average condo sale price is $196,800, which is actually ahead of nearby Crestview condos at $179,400. If you own a condo in Sturgeon Creek, demand is real and it's happening now.
- Average sale price: $196,800
- Average list price: $239,900
- Price per square foot: $256
- Average days on market: 2
- Sale-to-list ratio: 99.67%
- Estimated monthly rent: $1,937
- Rental yield: 4.12%
- Neighbourhood growth rank: 9 out of 175 in Winnipeg
On the leaderboard, Sturgeon Creek condos rank 9 out of 175 Winnipeg neighbourhoods for growth. That puts us in the top tier of the city. The predicted market value of $649,711 is climbing above the 3-month moving average of $640,221. Condo owners here are sitting in a strong position.
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. It gets updated on a fixed schedule, and by the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is a real-time estimate that reflects what buyers are actually paying right now, not what a government formula calculated months ago.
For houses in Sturgeon Creek, the average HonestDoor Price is $397,356. For condos, it's $640,419. Those numbers are recalculated continuously using real transaction data. Your tax assessment? It doesn't do that. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need.
Compared to nearby neighbourhoods, Heritage Park houses average $430,369 and Booth houses average $435,747. Sturgeon Creek sits below both. Knowing that gap exists is exactly the kind of intel that helps you price smart, not just price fast.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Sturgeon Creek and you're thinking about listing this summer, the window is open but it's not wide open. Buyers are negotiating - that 94.45% sale-to-list ratio means the days of getting over ask are not the norm here right now. Price it right from day one. Overpricing is how you end up sitting on the market for 18-plus days while Crestview listings sell faster.
If you own a condo, the story is better. Two days on market and near-full-price offers tell you demand is outpacing supply. If you've been on the fence, this summer looks like a reasonable time to make a move.
Either way, the first thing to do is check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing at it. That's how neighbours in Sturgeon Creek get the better end of the deal.
sturgeon creek | 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.