West Broadway, Winnipeg - August 2026 Real Estate Report

West Broadway, Winnipeg: Your Neighbour Just Asked What Their Place Is Worth - Here's the Real Answer

The Vibe Right Now

If you live on one of West Broadway's tree-lined streets and you've been half-watching the market, here's the honest picture. This neighbourhood is holding steady - not setting the world on fire, but not falling apart either. It's a buyers' market right now, which means if you're selling, you need to be sharp on price. If you're buying, you have a little room to breathe.

Let's break it down by property type, because houses and condos are telling two very different stories here.

Houses: Slow and Steady

West Broadway houses are doing the quiet grind. The HonestDoor Price for houses sits at an average of $334,438, up 1.05% from the previous period. That's not explosive growth, but it's movement in the right direction.

• Average HonestDoor Price: $334,438 (up 1.05%)
• Average sale price: $543,100
• Current average listing price: $274,900
• Price per square foot: $181
• Homes selling at: 96.07% of list price - buyers are getting a small discount
• Average days on market: 20 days
• Estimated monthly rent: $1,744
• Rental yield: 5.94% - that's a strong return for landlords
• Transactions in 2026 so far: 3

That 20-day average is actually a decent sign. On the Winnipeg leaderboard for days on market, West Broadway houses rank 19 out of 71 neighbourhoods - meaning homes here sell faster than most of the city. That's a quiet advantage sellers often overlook.

The growth rank sits at 124 out of 193 Winnipeg neighbourhoods. Below average, yes - but the predicted market value of $330,956 is creeping up past the 3-month moving average of $329,934. Small moves, but they're pointing the right way.

One thing worth flagging for investors: a 5.94% rental yield on houses is genuinely solid. If you're renting out a West Broadway house, you're doing better than a lot of people holding property elsewhere in the city.

Condos: A More Complicated Picture

Condos in West Broadway are a different conversation. The HonestDoor Price average for condos is $1,853,325, up 2.45% from the previous period. But the predicted market value has dipped to $1,809,009, which is slightly below the 3-month moving average of $1,830,422. That's a cooling signal worth watching.

• Average HonestDoor Price: $1,853,325 (up 2.45%)
• Average sale price: $151,300
• Current average listing price: $139,900
• Price per square foot: $285
• Condos selling at: 92.71% of list price - buyers have real negotiating power
• Average days on market: 27 days
• Estimated monthly rent: $6,228
• Rental yield: 2.41% - moderate, not a standout for income investors
• Airbnb estimate: $309 per night
• Transactions in 2026 so far: 3

The condo growth rank is 147 out of 175 Winnipeg neighbourhoods. That puts West Broadway condos near the bottom of the pack for price growth right now. The market is taking a breather here. Buyers are paying about 7.3% below list price on average - that gap tells you sellers are having to negotiate.

On the plus side, West Broadway condos rank 22 out of 51 neighbourhoods for transaction volume in Winnipeg. Things are still moving. And that Airbnb rank of 57 in the city means short-term rental demand is real here - something to consider if you're holding a condo unit.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's something most West Broadway homeowners don't think about until it's too late. The city's assessed value on your property tax notice is a snapshot from the past. It doesn't update in real time. It doesn't know what sold on your block last month. It doesn't factor in what buyers are actually paying right now.

The HonestDoor Price is the real-world check. It pulls in current transaction data, live market signals, and comparable sales to give you a number that reflects today - not two years ago. For houses in West Broadway, that number is $334,438 on average, and it's moving up. For condos, it's $1,853,325, and it's worth watching closely given the recent dip in predicted values.

If your tax assessment and your HonestDoor Price are far apart, that gap is information. It could mean you're sitting on more equity than you think - or it could mean your expectations need a reset before you list. Either way, you want to know before you make a move.

The 'So What?' - Thinking About Selling This Summer?

If you own a house in West Broadway and you're thinking about listing this summer, the 20-day average days on market is your friend. Priced right, houses here move. The catch is that buyers are landing deals at about 96% of list price, so padding your price hoping to negotiate down is a risky play. Come in clean and competitive.

Compared to neighbours like Roslyn (average HonestDoor Price $720,311) and Legislature ($489,942), West Broadway houses are priced well below the surrounding area. That's actually a selling point - buyers who get priced out of those neighbourhoods look here next.

If you own a condo and you're considering selling, be honest with yourself about timing. The predicted value is dipping, buyers are negotiating hard, and the growth rank is near the bottom of the Winnipeg leaderboard right now. That doesn't mean you can't sell - it means you need to price it to move, not to test the market. Sitting on the market at an optimistic price in this environment will cost you more than a sharp list price will.

Bottom line: West Broadway is a neighbourhood where knowing your real number - your HonestDoor Price - is the difference between a smart move and a frustrating one. Check it before you do anything else.

This 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.