West Broadway, Winnipeg - October 2026 Real Estate Report
West Broadway, Winnipeg: Your Neighbour Just Asked What Their Place Is Worth - Here Is the Real Answer
The Vibe Right Now
If you live on one of these tree-lined streets between Osborne and the river, you have probably noticed things are moving - just not at a sprint. West Broadway is a steady, no-drama market right now. Prices are holding, buyers are active, and the neighbourhood is quietly punching above its weight on the Winnipeg growth leaderboard. Here is what the numbers actually say.
Houses - Solid Ground, Not a Rocket Ship
We are sitting at an average HonestDoor Price of $337,368 for houses, up 0.55% from last period. That is not a headline-grabbing jump, but it is movement in the right direction. The predicted market value is $335,508, and it is trending up from the 3-month moving average of $333,634. Small gains, but gains.
On the sales floor, the average sale price came in at $314,000, with listings averaging $274,900 this month. Buyers are paying about 96 cents on the dollar - so yes, there is a little room to negotiate, but sellers are not giving the place away. Two homes sold recently, spending an average of 20 days on market. That is a reasonably quick turnaround for a buyers market.
- Average HonestDoor Price: $337,368 (up 0.55%)
- Average sale price: $314,000
- Current average list price: $274,900
- Price per square foot: $220
- Sale-to-list ratio: 96.07%
- Average days on market: 20
- Estimated monthly rent: $1,747
- Rental yield: 5.93%
- Airbnb estimate: $87 per night
That 5.93% rental yield is the number landlords should be circling. For a house in this price range, that is a strong return. If you are holding a rental property in West Broadway, you are in a good spot.
On the neighbourhood leaderboard, houses here rank 22 out of 191 neighbourhoods in Winnipeg for growth rate. That puts us in the top 12% city-wide. Days on market ranks 20 out of 78 - meaning we sell faster than most. The one soft spot is price rank at 118 out of 188, which tells us West Broadway is still one of the more accessible entry points into the inner city. That is not a weakness - that is an opportunity.
Condos - A Different Story
The condo picture is more complicated, and we should be straight about it. The average HonestDoor Price for condos is $1,852,292, up 2.10% from last period. But the predicted market value of $1,814,274 is actually dipping slightly below the 3-month moving average of $1,825,536, and recent value change sits at -2.11%. So the short-term trend is softening a bit.
On the transaction side, the average condo sale price was $163,900, with listings averaging $139,900. Buyers paid about 92.71% of list price - a bigger discount than on the house side. One condo sold recently, spending 27 days on market.
- Average HonestDoor Price: $1,852,292 (up 2.10%)
- Average sale price: $163,900
- Current average list price: $139,900
- Price per square foot: $303
- Sale-to-list ratio: 92.71%
- Average days on market: 27
- Estimated monthly rent: $6,144
- Rental yield: 2.44%
- Airbnb estimate: $310 per night
- Airbnb rank in Winnipeg: 57 out of all neighbourhoods
The 2.44% rental yield on condos is moderate - not bad, but not the standout story that houses tell. The Airbnb rank of 57 in Winnipeg is worth noting though. If you are running a short-term rental condo here, the demand signal is real. On the growth leaderboard, condos rank 116 out of 175 neighbourhoods - below average for now. The market is taking a breather on that side.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment: it is a snapshot from the past. The city looks at sales data from a reference period that can be 12 to 24 months old by the time it lands in your mailbox. A lot has changed since then.
The HonestDoor Price is updated in real time using current sales, active listings, and live market signals. For a house in West Broadway, that means the difference between a stale government number and a figure that actually reflects what a buyer would write a cheque for today. With houses sitting at a predicted value of $335,508 and trending upward, your HonestDoor Price is the real-world check - not the number the city printed last year.
If you are using your assessment to make a financial decision - refinancing, selling, even just understanding your net worth - you owe it to yourself to look at the HonestDoor Price first.
So What Does This Mean If You Are Thinking About Selling This Summer?
For house owners, the timing is reasonable. You are in a top-12% growth neighbourhood, homes are moving in about 20 days, and buyers are paying close to full price. You are not in a frenzy market, but you are not fighting uphill either. Price it right and you will not be sitting on it long.
For condo owners, be a little more patient with your expectations. The short-term value trend is slightly negative, buyers are negotiating harder, and the growth rank is below the city average right now. That does not mean do not sell - it means price it sharp and do not anchor to last year's number.
Either way, the first step is the same: check your HonestDoor Price before you call an agent, before you set a number in your head, and definitely before you rely on what the city told you your place was worth 18 months ago. The market moves. Your information should too.
west broadway | 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.