Verified real estate experts in Winnipeg

One verified expert per sector: broker, mortgage broker, inspector, lawyer and appraiser. Pick your neighbourhood.

6 sectors 28 verified experts · as of

Sectors / neighbourhoods

Verified Partial No expert · 1 dot per profession

Calculate for Winnipeg: buy or sell

Buy

Land transfer tax, down payment and mortgage in Winnipeg

Starting price: Winnipeg's reference price (Winnipeg Regional Real Estate Board (WRREB), August 2026). Change any field and everything is recalculated.

Land Transfer Tax$5,714
Tax to pay$5,714
Minimum down payment (federal rule)$20,160
Mortgage insurance premium (added to the loan)none (20% or more)
Mortgage$322,200
Monthly payment, 25 years at 4.49%$1,781
Household income needed (stress test)$81,000

Official schedule, bracket by bracket, paid in cash at closing: the tax cannot be financed in the mortgage. Rate: Bank of Canada 5-year fixed mortgage rate (July 2026); your lender will set its own. Income needed: 6.49% qualifying rate, 39% GDS, property tax at 1% a year and $150 a month for heating. Not included: lawyer or notary fees, inspection, title insurance (no official schedule). All the schedules · First-time buyer programs · Down payment and mortgage insurance

Sell

Capital gain on a sale: what is taxable

Your principal residence: generally no tax on the gain. The same federal rule applies in Winnipeg as everywhere in Canada (Income Tax Act).

Capital gain$100,000
Your principal residence (designated every year)$0 taxable
Other property (cottage, rental): taxable amount$50,000
Land transfer tax$0 — paid by the buyer
Agent's commissionnegotiated, not computed

Principal residence designated for every year owned: nothing taxable, but the sale must be reported. Other property: $50,000 of taxable amount is added to your income for the year; the resulting tax depends on your marginal rate and is not computed here.

Principal residence: the Canada Revenue Agency exemption wipes out the gain for each year the home is designated; the sale must still be reported (partial designation: part of the gain becomes taxable). Other property (cottage, rental): half the gain becomes a taxable amount, added to that year's income (1/2 inclusion rate, CRA guide T4037; the increase to 2/3 was cancelled on March 21, 2025 — checked on canada.ca on October 15, 2026). It is not the tax owed: that depends on your marginal rate, which Payotte does not compute. Gain = sale price − purchase price, before selling costs and deductible improvements. No official schedule sets the agent's commission. Tax on selling, case by case

By profession

The Winnipeg real estate market — Aug 2026

At a glance
Source : Winnipeg Regional Real Estate Board (WRREB), August 2026
IndicatorValue1-year change
Reference price (Aug 2026)$403,200+3.8%
Average price$408,020
Market conditionsSeller's market · 2.4 months
Sales (Aug 2026)1,326 transactions-5%
Avg. days on market9 days
By property type
Detached$439,216-3%
Condo$283,715+2%

Winnipeg is the largest city in Manitoba and one of the most affordable major real-estate markets in Canada, with prices that sit well below Toronto, Vancouver or even Halifax.

In August 2026, the MLS® benchmark price in Winnipeg stood at $403,200, up 3.8% year over year. The average price, all property types combined, was $408,020. By property type: detached $439,216 (−3%) and condo $283,715 (+2%). There were 1,326 sales during the month, 5% fewer than a year earlier. With 2.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Winnipeg took an average of 9 days to sell. Source: Winnipeg Regional Real Estate Board (WRREB), August 2026.

For a buyer, Winnipeg's relatively low prices lower the financial stakes, and condominiums offer a far more attainable entry point than detached houses. Being ready still pays: the buyer who wins is pre-approved, represented by a broker watching new listings the moment they post, and able to line up an inspection on short notice. For a seller, pricing has to be grounded in recent, comparable sales: an overpriced listing lingers while a well-priced one draws competing offers.

Winnipeg is also a city of distinct communities, and a single city-wide average says little about any one street. Downtown — the most populous community area at 68,445 residents (2021 census) — anchors the historic Exchange District; River Heights and Osborne Village hold sought-after character homes; St. Vital and St. Boniface stretch southeast across the Red River, the latter the francophone heart of Western Canada, home to the St-Boniface Cathedral, the Université de Saint-Boniface and Louis Riel's resting place. Fort Garry to the south is built around the University of Manitoba, the province's largest, while St. James–Assiniboia to the west grew up around the airport, and the East Kildonan / River East area traces back to the Scottish Selkirk Settlers of 1817. Each area follows its own price and inventory patterns.

That is exactly why local, verified guidance matters more than a headline figure. When a good home can sell quickly, a mortgage broker who moves fast and a clear-eyed inspector are worth their weight; and in a city this layered, a broker who genuinely knows the area prices it right. Payotte lists one verified professional per sector across Winnipeg's six covered districts — real estate broker, mortgage broker, home inspector, real estate lawyer and appraiser — each ranked on Google reviews, years of experience and an active licence on the regulator's register. One verified reference per area: free, ad-free and commission-free.

How Payotte selects

For every sector, Payotte publishes a single professional per profession — the highest-scoring on its 100-point grid (Google reviews 35, experience 30, active provincial licence 15, local presence 15, bonus 5). No paid placement, no ads, no commissions.

Frequently asked questions

Which real estate professionals does Payotte recommend in Winnipeg?

In Winnipeg, Payotte names one independent, verified professional per trade in each of its 6 sectors — real estate agent, mortgage broker, home inspector, real estate lawyer and appraiser — scored on public data (Google reviews, active licence on the regulator's register, local presence), with no ads or commissions.

What is the average home price in Winnipeg in 2026?

In August 2026, the MLS® benchmark price in Winnipeg stood at $403,200, up 3.8% year over year. The average price, all property types combined, was $408,020. By property type: detached $439,216 (−3%) and condo $283,715 (+2%). Source: Winnipeg Regional Real Estate Board (WRREB), August 2026.

How much does a condo cost in Winnipeg in 2026?

In August 2026, in Winnipeg, by property type: detached $439,216 (−3%) and condo $283,715 (+2%). Source: Winnipeg Regional Real Estate Board (WRREB), August 2026.

Is Winnipeg a buyer's or seller's market?

With 2.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Winnipeg took an average of 9 days to sell. Source: Winnipeg Regional Real Estate Board (WRREB), August 2026.

How fast do homes sell in Winnipeg?

Homes in Winnipeg took an average of 9 days to sell. With 2.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Source: Winnipeg Regional Real Estate Board (WRREB), August 2026.

How does Payotte pick the expert for a sector?

On a 100-point scale (Google reviews 35, experience 30, active licence 15, local presence 15, bonus 5). Only the top-scoring verified professional is published per sector — no ads, no commissions, no paid placement.

How much tax do you pay when you sell a home in Winnipeg?

Usually none if it is your principal residence: the Canada Revenue Agency's principal residence exemption wipes out the capital gain for each year the home is designated, though the sale must still be reported. For another property (cottage, rental), half the gain is added to taxable income (1/2 inclusion rate, CRA guide T4037) and taxed at your marginal rate. Example at Winnipeg's reference price ($403,200): bought for $303,200, the home shows a gain of $100,000: $0 taxable if it is your principal residence; otherwise $50,000 of taxable amount is added to your income (the resulting tax depends on your marginal rate, not computed here). The land transfer tax is paid by the buyer, not the seller; the agent's commission is negotiated, and no official schedule sets it.

Source : Winnipeg Regional Real Estate Board (WRREB) · Territoire WRREB · 2026-08 — figures updated with each board release.

Property assessment in Winnipeg

Assessor: City of Winnipeg (Assessment and Taxation Department) in Winnipeg; elsewhere, the Provincial Municipal Assessor (Property Assessment Services). To appeal: At least 15 days before the Board of Revision sitting set in each municipality’s public notice; the date is on the assessment notice (Winnipeg, 2027 roll: June 29, 2026)

The Winnipeg market pulse, every month

Prices, sales, inventory, days on market — sourced board figures, once a month by email. Free, one-click unsubscribe.