2,012 Property for sale in Winnipeg listings are price checked
Listings from mondinion.com, torontocondoteam.ca and 12 more
Property value calculations
Do not overpay! With property price calculations you can make better choices when you are looking for your next place to live.
Using artificial intelligence, we analyse property adverts daily from various property portals, saving you time and providing valuable insights.
How we calculate property prices
The estimated market value for properties is calculated by using a proprietary formula that includes detailed information about a home (bedrooms, bathrooms, size and so on), Additionally, location, market dynamics and other key details are extracted from property listings to determine the correct price evaluation.
The precision of the estimates rely on the availibility of data and should serve as guidance rather than absolute certainty.
We remain committed to transparency and providing valuable market insights to our users, by helping them navigate the property market with confidence.
Living in Winnipeg: A Quick Guide to the Real Estate Market & Neighborhoods
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Market status in Winnipeg
Our catalog on AllClassifieds offers a comprehensive overview of the real estate sales market status in Winnipeg (Division No. 11, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with houses leading with an average price of $ 523,700 CAD, an average size of 1,437 sqft, and representing 80.5% of listings. Condos follow with an average price of $ 351,400 CAD, an average size of 1,038 sqft, and 15.5% of listings. Townhouses make up 1.3% of listings, with an average price of $ 404,000 CAD and an average size of 1,320 sqft.
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FAQ
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What are the property taxes in Winnipeg and are there any other ongoing costs I should consider?
In Winnipeg, property taxes depend on property valuation. In 2022, the average residential property tax was about $ 3,000 CAD . Ongoing costs to consider include utility bills, maintenance, and homeowners' insurance. For accurate tax calculations and details on additional expenses, consult the City of Winnipeg's official website or a financial advisor.
What types of upfront costs and fees will I have to pay when purchasing a property in Winnipeg?
In Winnipeg, upfront costs for purchasing property typically include a down payment, land transfer tax, home inspection fee, appraisal fee, and legal fees. Down payments can vary, but expect about 5-20% of the purchase price. Other costs can range greatly depending on the property and services required. Always consult with a real estate professional for specific details on costs and fees.
How does the Winnipeg property market compare to ther regions in the Canada?
In Winnipeg, the average house price is around $ 311,000 CAD , significantly lower than in Vancouver where it exceeds $ 1,000,000 CAD , or Toronto with prices around $ 1,045,488 CAD . Winnipeg's more affordable market offers better accessibility for first-time buyers and those seeking value, contrasted with Canada's hottest markets where prices stretch affordability limits.
How competitive is the Winnipeg property market?
The property market in Winnipeg is moderately competitive, characterized by varying periods of buyer and seller advantages. As of the last data in February 2023, the average residential property price in the city was around $ 352,000 CAD . Sales activity has been lively, with homes staying on the market for an average of roughly 25 days. This competition level indicates a balanced market where neither buyers nor sellers have a distinct upper hand, resulting in a relatively steady flow of property transactions.
