Manitoba and Winnipeg prices are set against the income the stress test requires on this page.
Most you can spend on a home
Down payment
CMHC insurance premium
Mortgage (with premium)
Qualifying (stress test) rate
Actual monthly payment
Income needed for a typical home
| Area | Price measure | Price | Income needed, minimum down | Income needed, 20% down |
|---|---|---|---|---|
| Manitoba | MLS HPI benchmark | $392,900 | $91,200 | $78,600 |
| Manitoba | Average sale price | $399,003 | $92,500 | $79,700 |
| Winnipeg | Average price | $393,463 | $91,300 | $78,700 |
Prices: provincial REALTOR association figures on CREA Stats (August 2026); Winnipeg: Winnipeg Regional Real Estate Board (August 2026). Incomes: this site's calculation, with the assumptions on the calculator page.
Winnipeg
Buying a Winnipeg home at the average sale price ($393,463, August 2026) means a household income of roughly $91,300, or $78,700 if 20% ($78,693) goes down. Prices by type are on the Winnipeg housing market page.
Closing costs
Closing costs are on top of the down payment: see closing costs in Manitoba.