Westwood, Winnipeg - September 2026 Real Estate Report

Westwood, Winnipeg: Your Neighbour Just Listed. Here Is What You Need to Know.

If you have been watching the "For Sale" signs pop up around Westwood this season, here is the straight story on what is actually happening with prices, sales speed, and what your home is worth right now - not what the city thinks it was worth two years ago.

The Vibe: Houses vs. Condos in Westwood

Houses - Steady, Fast, and Still Competitive

The house market in Westwood is doing something most Winnipeg neighbourhoods would envy right now - it is moving fast without falling apart. Seven homes sold recently, prices are holding near the $474,900 average sale mark, and the average days on market is just 10 days. That is not a typo. Ten days.

• Average HonestDoor Price: $459,652 (down 1.85% from last period)
• Average Sale Price: $474,900
• Current Listings Average: $464,900
• Price Per Square Foot: $403
• Homes sold for 96.71% of list price - buyers are getting a small discount, but not a big one
• Average Days on Market: 10 days
• Predicted Market Value: $468,320 - up from the 3-month average of $465,609
• Estimated Monthly Rent: $2,378 with a rental yield of 5.70%

That 5.70% rental yield is worth pausing on. For us in Westwood, that puts houses in genuinely strong income territory if you are thinking about holding rather than selling. The predicted value is also trending upward from the 3-month average, which tells us the recent 1.85% dip in the HonestDoor Price is more of a breather than a warning sign.

On the neighbourhood leaderboard, Westwood houses rank 10 out of 71 Winnipeg neighbourhoods for days-on-market speed. That is top 15%. We are also ranked 72 out of 187 for price - solidly above average. The growth rank sits at 118 out of 191, which is the one honest soft spot. Values are not climbing fast right now, but they are not sliding either.

Condos - A Different Story Entirely

The condo numbers in Westwood are eye-catching, and not in the way you might expect from a mid-city neighbourhood. The average HonestDoor Price for condos sits at $3,690,665 - a number that reflects a very specific, high-value slice of the condo stock here. It is down 2.55% from the previous period, but the predicted market value of $3,787,366 is actually climbing above the 3-month moving average of $3,762,554.

• Average HonestDoor Price: $3,690,665 (down 2.55%)
• Predicted Market Value: $3,787,366
• 3-Month Moving Average: $3,762,554
• Estimated Monthly Rent: $7,665 with a rental yield of 2.63%
• Airbnb Estimate: $377 per night
• Airbnb Rank in Winnipeg: 36 out of all neighbourhoods
• Growth Rank: 33 out of 175 Winnipeg neighbourhoods - top performers

That growth rank of 33 out of 175 is the headline for condo owners. While the rental yield of 2.63% is moderate compared to houses, the value trajectory is pointing up. If you own a condo in Westwood, the momentum is working in your favour right now.

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

Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and local sales patterns. It is the real-world check against a static government number.

Right now in Westwood, the city's assessment and your actual market value could be telling two very different stories. With house values predicted at $468,320 and trending upward from recent averages, waiting for the next assessment cycle to understand what your home is worth means leaving real information on the table. Check your HonestDoor Price now - not in six months when the city gets around to it.

For context, your neighbours in Southboine are sitting on an average HonestDoor Price of $723,360 for houses. Kirkfield is just a hair above us at $462,523. Glendale comes in lower at $383,818. Westwood is holding its own in good company.

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

If selling is on your mind, here is the honest read on your timing.

The speed is on your side. Homes in Westwood are selling in 10 days on average - that is one of the fastest turnaround rates in all of Winnipeg. Buyers are active. They are not offering full list price every time (the 96.71% sale-to-list ratio tells us that), but they are showing up quickly and making decisions fast.

The price direction is neutral-to-positive. The HonestDoor Price dipped 1.85% recently, but the predicted value is climbing above the 3-month average. That is not a market in trouble - that is a market catching its breath before the next move.

• 53 property transactions recorded in 2026 - Westwood ranks 9th in all of Winnipeg for total transaction volume. People are buying here.
• Listing at $464,900 on average right now - price it sharp and you will move it fast.
• Rental demand is real - $2,341 average rental estimate means buyers who do not get the home may become tenants. That keeps demand healthy.

The bottom line - if your home is priced right and shows well, this summer in Westwood is a reasonable time to sell. You are not in a hot seller's market, but you are far from a slow one. Know your real number before you list. That starts with your HonestDoor Price.

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.