The Maples, Winnipeg - October 2026 Real Estate Report
The Maples, Winnipeg: The Market Is Talking. Here Is What It Is Saying.
If you live in The Maples and you have been wondering whether now is the time to make a move, the numbers are worth a close look. This is not a doom-and-gloom story, but it is not a seller's paradise either. The market here is taking a breather, and knowing exactly where you stand is the difference between a smart decision and a costly one.
The Vibe: Houses vs. Condos in The Maples
Houses
We are seeing some softness on the house side. The average sale price for houses sits at $405,814, which is down 1.0% from last month. Only 7 houses sold this month - that is a 41.7% drop in sales volume. Homes are sitting on the market for an average of 34 days, and buyers are landing deals at about 94.84% of the asking price. That means if you list at $430,000, expect offers closer to $408,000.
- Average house sale price: $405,814
- Average list price this month: $430,720
- Price per square foot: $366
- Sale-to-list ratio: 94.84%
- Average days on market: 34
- Properties sold this month: 7
- Estimated monthly rent: $2,082
- Rental yield: 5.82%
The rental yield of 5.82% is a bright spot. If selling is not urgent, holding and renting is a genuinely solid play in this neighbourhood. The predicted market value for houses is $399,535, which is drifting below the 3-month moving average of $403,306. The trend is pointing slightly downward, not off a cliff, but worth watching.
On the neighbourhood leaderboard, The Maples houses rank 97 out of 191 for growth in Winnipeg. That puts us in the below-average tier right now. For days on market, we rank 33 out of 78 - meaning homes here sell moderately fast compared to the rest of the city. That is actually a decent sign that demand has not completely walked away.
Condos
The condo picture is a bit of a mixed bag. The average sale price clocked in at $167,100 this month, down 23.8% from last month - but with only 1 condo sold, that single transaction is doing a lot of heavy lifting on the averages. One sale does not make a trend, so take that drop with a grain of salt.
- Average condo sale price: $167,100
- Average list price this month: $179,900
- Price per square foot: $211
- Sale-to-list ratio: 92.88%
- Properties sold this month: 1
- Estimated monthly rent: $5,351
- Rental yield: 3.17%
The HonestDoor Price for condos in The Maples is $1,966,406, up 1.24% from the previous period. The predicted market value sits at $1,942,313. On the neighbourhood leaderboard, condo growth ranks 102 out of 175 in Winnipeg - below average, but the days-on-market rank of 1 out of 59 tells us that when a condo does hit the market here, it moves fast. That is a useful fact if you are a seller.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a specific cutoff date, runs its formula, and mails you a number that might already be 12 to 18 months out of date by the time it lands in your mailbox. In a market that is shifting month to month like The Maples is right now, that number can be dangerously misleading.
The HonestDoor Price is updated in real time using current sales, local trends, and live market signals. For houses in The Maples, that number is $401,512 - up 0.49% from the previous period. That is your real-world check. It is the number a buyer's agent is likely working with when they walk through your door. If you are pricing based on a stale government assessment, you could be leaving money on the table or scaring buyers off entirely.
Check your HonestDoor Price before you do anything else. It takes two minutes and it is free. Think of it as knowing your hand before you sit down at the table.
The So What: Should You Sell in The Maples This Summer?
If you are thinking about listing this summer, here is the honest take. The market is not crashing, but it is not on fire either. Buyers have options and they know it - that 94.84% sale-to-list ratio on houses tells you they are negotiating. The 34-day average on market means you need to price right from day one, because overpriced homes are sitting.
The good news is that 73 total property transactions happened in The Maples in 2026, ranking us 6th in Winnipeg for total transaction volume. People are still buying here. The neighbourhood has real demand - it just rewards sellers who come in sharp and realistic.
If you are a house owner with a rental option, the 5.82% yield gives you a legitimate reason to hold and wait for conditions to improve. If you need to sell now, price close to the HonestDoor Price of $401,512, not the top of the listing range, and you will move faster.
Bottom line - The Maples is a solid, active neighbourhood in Winnipeg. It is not the flashiest market on the leaderboard right now, but it is far from dead. Know your number, price it right, and you will be fine.
the maples | 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.