Winnipeg: highest community average assessment
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Winnipeg: highest community average assessment

Distribution by neighbourhood, $100k-wide bands, and top 20 by average assessed value (house-stat data).

Community heatmap (average assessment)

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Lower avg.Higher avg.

This map visualizes each neighbourhoodโ€™s average assessed value: darker shading means relatively higher property values for that area, lighter shading means a lower overall price level. The pattern makes it easier to see how prices differ across Winnipeg and where higher-value housing tends to cluster.

Higher-value areas often align with long-established premium pockets and river corridors, with mature services, stronger environment, and higher perceived living quality; lower-price areas are more common on the outer edges or in older districtsโ€”useful references for budget-conscious or value-focused buyers.

Beyond reading todayโ€™s market structure, the map can support short-listing neighbourhoods and quickly framing which parts of the city a given budget is more likely to reach in Winnipeg.

Community average assessment distribution

Number of neighbourhoods in each average-assessment band (same $100k steps as the table below).

Neighbourhoods by $100k average band

Each row is a $100,000 range of average assessed value; communities listed have their average in that range.

Avg. range (CAD)NeighbourhoodsCount
CA$1,100,000 โ€“ CA$1,199,999

Old Tuxedo

1
CA$1,000,000 โ€“ CA$1,099,999

South Tuxedo

1
CA$900,000 โ€“ CA$999,999

Wilkes South ยท Cloutier Drive

2
CA$800,000 โ€“ CA$899,999

Assiniboia Downs ยท Tuxedo ยท Wellington Crescent

3
CA$700,000 โ€“ CA$799,999

Trappistes ยท Victoria Crescent ยท Ridgedale ยท Linden Ridge ยท St. Vital Perimeter South ยท Armstrong Point ยท Roslyn

7
CA$600,000 โ€“ CA$699,999

Bridgwater Lakes ยท Bridgwater Forest ยท Kildonan Crossing ยท Linden Woods ยท Waverley West B ยท Normand Park ยท South Pointe ยท Royalwood

8
CA$500,000 โ€“ CA$599,999

Sage Creek ยท Bridgwater Trails ยท Southboine ยท Crescentwood ยท Valhalla ยท Wildwood ยท Fairfield Park ยท Leila North ยท Amber Trails ยท Ridgewood South ยท Turnbull Drive ยท Saskatchewan North ยท Kingston Crescent ยท Rivergrove ยท Rosser-Old Kildonan ยท Vialoux ยท Southland Park ยท Perrault ยท Whyte Ridge ยท South Pointe West ยท St. Boniface Industrial Park ยท Kil-Cona Park ยท Montcalm ยท South River Heights ยท Fraipont

25
CA$400,000 โ€“ CA$499,999

Island Lakes ยท Richmond West ยท Peguis ยท River West Park ยท Dakota Crossing ยท North Inkster Industrial ยท La Barriere ยท Grassie ยท Marlton ยท North River Heights ยท Transcona North ยท Eric Coy ยท Agassiz ยท Elmhurst ยท Minnetonka ยท Crescent Park ยท Betsworth ยท Southdale ยท Inkster Gardens ยท Roblin Park ยท Eaglemere ยท River Park South ยท Bridgwater Centre ยท Niakwa Place ยท Varsity View ยท Central River Heights ยท West Kildonan Industrial ยท Stock Yards ยท Fort Richmond ยท Norwood West ยท Mathers ยท Pulberry ยท Transcona South ยท Woodhaven ยท Birchwood ยท Springfield North ยท Mandalay West ยท Templeton-Sinclair ยท Riverbend ยท Meadows ยท Leila-McPhillips Triangle ยท Canterbury Park ยท McMillan ยท Sir John Franklin ยท J. B. Mitchell ยท Niakwa Park ยท River East

47
CA$300,000 โ€“ CA$399,999

Point Road ยท Waverley Heights ยท Kirkfield ยท Westwood ยท Riverview ยท Kildonan Drive ยท West Wolseley ยท Vista ยท North St. Boniface ยท Meadowood ยท Mission Gardens ยท Booth ยท Wolseley ยท Heritage Park ยท Elm Park ยท McLeod Industrial ยท Springfield South ยท Grant Park ยท Beaumont ยท Garden City ยท Windsor Park ยท Bruce Park ยท Richmond Lakes ยท Inkster Industrial Park ยท Central St. Boniface ยท The Maples ยท Regent ยท River-Osborne ยท Rockwood ยท Tyndall Park ยท Sturgeon Creek ยท Maybank ยท Norberry ยท Rossmere-A ยท Norwood East ยท Buchanan ยท Crestview ยท Valley Gardens ยท Silver Heights ยท Dugald ยท Glendale ยท Broadway-Assiniboine ยท Glenwood ยท Radisson ยท Earl Grey ยท Varennes ยท Ebby-Wentworth ยท Worthington ยท Kildare-Redonda ยท Deer Lodge ยท Rossmere-B ยท Lavalee ยท Mynarski ยท Westdale ยท Parc La Salle ยท Jameswood ยท Margaret Park

57
CA$200,000 โ€“ CA$299,999

Seven Oaks ยท West Broadway ยท Munroe East ยท Civic Centre ยท Kern Park ยท Lord Roberts ยท Jefferson ยท Mission Industrial ยท Victoria West ยท Archwood ยท South Portage ยท Munroe West ยท Melrose ยท Maginot ยท Robertson ยท East Elmwood ยท Luxton ยท King Edward ยท Minto ยท Glenelm ยท Dufresne ยท Holden ยท Sargent Park ยท Chevrier ยท Shaughnessy Park ยท Tissot ยท Burrows-Keewatin ยท Brooklands ยท Kensington ยท Talbot-Grey ยท Chalmers ยท St. Matthews ยท St. John's

33
CA$100,000 โ€“ CA$199,999

Daniel McIntyre ยท Inkster-Faraday ยท Spence ยท Weston Shops ยท Burrows Central ยท West Alexander ยท Weston ยท Central Park ยท Griffin ยท Logan-C.P.R. ยท Airport ยท Centennial ยท North Point Douglas ยท Lord Selkirk Park ยท William Whyte ยท Dufferin ยท South Point Douglas ยท Dufferin Industrial

18
CA$0 โ€“ CA$99,999

Pacific Industrial

1

Top 20 by average assessment

Compared to the next row in this table; last row has no โ€œnextโ€ in the top 20.

#NeighbourhoodAverage assessment% higher than nextHighest assessment (in data)Highest vs. average %
1Old Tuxedo$1,145,89713%$4,077,000255.8%
2South Tuxedo$1,014,1254.7%$4,620,000355.6%
3Wilkes South$968,9315.4%$3,008,000210.4%
4Cloutier Drive$919,3782.3%$1,945,000111.6%
5Assiniboia Downs$898,8511.6%$1,958,000117.8%
6Tuxedo$884,7259.8%$5,290,000497.9%
7Wellington Crescent$805,5881.3%$3,855,000378.5%
8Trappistes$795,0910.3%$1,533,00092.8%
9Victoria Crescent$792,8824.5%$2,699,000240.4%
10Ridgedale$758,7341.6%$3,486,000359.4%
11Linden Ridge$746,9721%$1,536,000105.6%
12St. Vital Perimeter South$739,7291.6%$2,565,000246.7%
13Armstrong Point$727,9830.8%$1,426,00095.9%
14Roslyn$722,4815%$1,490,000106.2%
15Bridgwater Lakes$688,2760.6%$1,768,000156.9%
16Bridgwater Forest$684,1063.8%$1,664,000143.2%
17Kildonan Crossing$659,0000.3%$659,0000%
18Linden Woods$657,0704.4%$2,237,000240.5%
19Waverley West B$629,4800.2%$1,608,000155.4%
20Normand Park$628,531โ€”$1,195,00090.1%

Summary

Winnipegโ€™s residential market and FAQs from average assessed values

1. Data overview

Overall, Winnipeg shows clear price tiers. Most neighbourhoods cluster in the $300kโ€“$500k average assessment bandโ€”the core of todayโ€™s market with broad choice. The $500kโ€“$800k band includes many mature, well-serviced areas leaning toward move-up housing. Above $800k there are far fewer areas, often traditional premium pockets such as Tuxedo and Wellington Crescent, reflecting scarcity. Above $1M only a handful lead, e.g. Old Tuxedo and South Tuxedo, Winnipegโ€™s hallmark luxury pockets. The market is stable: mid-range dominates, the top end is scarce, and buyers at many budgets can find a fit.

2. Frequently asked questions (FAQ)

1. Where do Winnipeg home prices cluster?
Most neighbourhood averages sit between $300k and $500kโ€”todayโ€™s mainstream band.
2. What can ~$500k buy?
Mature, family-friendly areas such as Sage Creek or Bridgwater are typical examples.
3. Which areas are most expensive?
Old Tuxedo, South Tuxedo, and Wilkes South are among the top-tier pockets.
4. Why so few high-price neighbourhoods?
Prime location and environment are limitedโ€”true scarcity.
5. Are sub-$300k areas worth buying?
They can suit tight budgets or investors; check age of housing and amenities carefully.
6. Does assessed value equal market price?
Itโ€™s a useful guide but not the same as a sale price.
7. Which bands suit which buyers?
Below $300k entry; $300kโ€“$500k mainstream; $500kโ€“$800k move-up; above $800k luxury.
8. Which band has the most communities?
Roughly $400kโ€“$500k.
9. Why are $300kโ€“$500k areas so common?
They match where most buyersโ€™ budgets sitโ€”largest demand.
10. Is higher assessment always โ€œbetterโ€?
Often, but schools, services, and lifestyle still matter.
11. New vs. older communities on price?
Newer areas can be more uniform; older areas vary more block by block.
12. Where is value often strong?
Many buyers look around the $400kโ€“$600k range.
13. Why can top values be far above the average?
A few exceptional homes pull the upper tail up.
14. Can assessment guide investment potential?
It helps, but growth, construction, and policy matter too.
15. Best band for first-time buyers?
$300kโ€“$500k is often the sweet spot.
16. Will luxury areas keep appreciating?
They can still edge up, but gains are usually steady rather than explosiveโ€”better for long holds. Strong location, land scarcity, and mature amenities support resilience and smaller swings; short-term spikes are less common than in some growth fringes. Many owners treat them more as wealth preservation than quick-flip plays.
17. How do housing types differ by price band?
Higher bands skew to newer, larger homes on average.
18. Why can prices vary so much within the same neighbourhood?
Age of home, exact location, and size all matter.
19. How often is assessed value updated?
Roughly once a year; it can lag what the market is doing right now.
20. Should I look at assessed value or sale price when buying?
Use both, but sale price usually tracks true market levels more closely. Assessed value (Assessment Value): Set by government for property tax. Fairly stable overall but can lag market swings. Sale price (Sold Price): Reflects real supply and demand and is often more actionable, but is shaped by: o Buyerโ€“seller negotiation o Market heat (e.g. competing offers) o The specific condition of the home Sale price is more โ€œliveโ€; assessed value is more of a baselineโ€”together they give a clearer read on value.