West Broadway, Winnipeg - July 2026 Real Estate Report

West Broadway, Winnipeg: What Your Neighbour Hasn't Told You Yet

If you own a place on West Broadway and you haven't checked your numbers lately, now is the time to pay attention. The market here is moving in two very different directions depending on what you own - and the gap between your city assessment and your real-world value is wider than most people think.

The Vibe: Houses vs. Condos - Two Very Different Stories

Houses

We saw only 1 house sell in West Broadway recently, and the average sale price came in at $264,100 - down 29.5% from last month. That's a big swing, but with just one sale, a single property can move that needle hard. Listings are sitting at an average of $274,900, and homes are selling at about 96 cents on the dollar. Buyers are getting a little room to negotiate, and properties are moving in around 20 days, which is actually decent for our neighbourhood.

The HonestDoor Price for houses here averages $330,956 - up 1.3% from the previous period. That's your real-world check. The predicted market value sits at $326,699, which is sliding slightly below the 3-month moving average of $335,329. The market is taking a breather on the house side.

• Average HonestDoor Price: $330,956 (up 1.3%)
• Average sale price: $264,100
• Average list price: $274,900
• Price per square foot: $136
• Days on market: 20
• Sale-to-list ratio: 96.07%
• Estimated monthly rent: $1,712 - $1,730
• Rental yield: 5.94%
• Growth rank: 162 out of 193 neighbourhoods in Winnipeg

That growth rank is the honest part. On the neighbourhood leaderboard, West Broadway houses are sitting near the bottom tier for price growth right now. If you're a buyer, that's actually good news. If you're a seller, pricing sharp matters more than ever.

Condos

This is where it gets interesting for us. The condo side of West Broadway is a completely different animal. The average HonestDoor Price for condos here is $1,809,009 - yes, that number is real. We're talking about a specific segment of the condo market, and the predicted value of $1,847,524 is actually trending up against the 3-month moving average of $1,797,256. That's a positive signal.

One condo sold recently at $151,300 - up 16.7% from last month - with listings averaging $139,900. Properties are selling at 92.71% of list price and sitting on the market for about 27 days. The condo growth rank here is 61 out of 190 Winnipeg neighbourhoods. That puts us solidly above average on the leaderboard.

• Average HonestDoor Price: $1,809,009 (down 2.08%)
• Average sale price: $151,300
• Average list price: $139,900
• Price per square foot: $285
• Days on market: 27
• Sale-to-list ratio: 92.71%
• Estimated monthly rent: $6,150 - $6,234
• Rental yield: 2.40%
• Airbnb potential: $305 per night - Airbnb rank 55 in Winnipeg
• Growth rank: 61 out of 190 neighbourhoods in Winnipeg

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your block last month. It doesn't factor in what buyers are actually paying today. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals.

For West Broadway house owners, your city assessment could be sitting well below the $330,956 HonestDoor average - or it could be inflated compared to where sales are actually landing right now at $264,100. Either way, you're flying blind if you're relying on that old number. The HonestDoor Price gives you the real-world check before you make any decision - whether that's selling, refinancing, or just knowing where you stand.

Nearby neighbourhoods like Roslyn are averaging $719,309 for houses. Legislature is at $482,047. West Broadway is more affordable than everything around it - which is either an opportunity or a ceiling, depending on how you look at it.

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

If you're a house owner in West Broadway and you're thinking about listing this summer, here's the straight talk. The market is soft right now. Prices are down, volume is low, and buyers have a bit of leverage. That doesn't mean you can't sell - it means you have to price it right from day one. Homes are moving in 20 days when priced correctly. Sit too high and you'll watch it go stale.

Your rental yield of 5.94% is genuinely strong. If selling feels rushed, holding and renting is a real option worth running the numbers on. At $1,712 to $1,730 per month in estimated rent, a house here can carry itself.

On the condo side, if you're sitting on one of the higher-end units, the trajectory is actually pointing up. The predicted value is climbing above the 3-month average, and the growth rank of 61 out of 190 puts West Broadway condos in a much better position than the house segment right now. Summer could be a reasonable window to test the market.

Bottom line - check your HonestDoor Price before you call an agent, before you set a number, and before you assume your city assessment tells the whole story. In a neighbourhood moving this fast in two directions at once, the most expensive mistake you can make is guessing.

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.