If you've been watching the "For Sale" signs on your street, here's what's actually happening. The average HonestDoor Price for a house in Tyne Tees is sitting at $318,460 - up 0.96% from the previous period. That's not a rocket ship, but it's not falling off a cliff either. The market is taking a breather.
The more telling number is the 3-month moving average. Our predicted market value for houses is $315,433, and that's drifting down from the $321,704 average we saw over the past three months. A drop of about 2.38% in recent property value change tells us the peak of this little run may be behind us - at least for now. For us in Tyne Tees, that's worth paying attention to before summer listings pile up.
Here's the thing about your city assessment: it's a snapshot from the past. It doesn't know what happened on your street last month. The HonestDoor Price is updated in real time, pulling in actual sales data to give you a current, real-world check on what your home is worth today - not what a government office calculated a year or two ago.
Right now in Tyne Tees, that gap matters. If your tax assessment is anchoring your expectations, you could be pricing your home wrong in either direction. Pull your HonestDoor Price and compare. It takes two minutes and it's free.
Context is everything. Here's a quick look at how we sit compared to nearby neighbourhoods:
We're sitting in the middle of the pack. Mission Industrial is running about $44,000 ahead of us on average price. That gap is a signal - buyers priced out of Mission Industrial may well be looking at Tyne Tees next. That's not a bad thing for sellers.
On growth, we need to be straight with you. Tyne Tees ranks 155 out of 191 comparable neighbourhoods in Winnipeg for growth rate. That puts us in the bottom third of the city leaderboard. It doesn't mean your home has no value - it clearly does. But it does mean Tyne Tees is not one of the hot-growth pockets right now. Buyers know this too.
If selling isn't the move, the rental numbers are worth a look. Estimated rent for a house in Tyne Tees comes in at $1,643 per month, with a rental yield of 5.95%. That's a solid return. Anything above 5% in this city is generally considered strong. So if you're on the fence about selling, holding and renting is a legitimate play here.
Airbnb is a smaller story in Tyne Tees. At roughly $82-$83 per night and an Airbnb rank of 192 in Winnipeg, short-term rental income isn't going to be a game-changer for most owners here. Long-term rental is the stronger income option.
Here's the straight talk. Values are slightly off their recent peak. Growth ranks near the bottom of the Winnipeg leaderboard. And more listings typically hit the market in summer, which means more competition for your buyer's attention.
That doesn't mean don't sell. It means price it right from day one. Overpriced homes in a softening market sit. Homes priced at or just under the HonestDoor Price of $318,460 tend to move. If you're serious about selling this summer, get your HonestDoor Price now - before your neighbour lists theirs and sets the comp on your street.
tyne tees | 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.