103 Olive Street

Birchwood, Winnipeg

Property score

68.4

Good

Overall 68.4 · Larger and newer than most nearby homes

1,708 sqft (top 26%) · Built in 1963 (8 yrs newer than avg)

Located in a above-average income area with median household income of ~64.5k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

Past 10 years Birchwood sales snapshot (~80% of all data)

Sold Count

81

Median price

390.5k

$/sqft

$299/sqft

Avg build year

1955

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Property score

68.4 is composed by the two sections below.

Property Score

76.4Good
Living Area1,708 sqft86Excellent
Year Built196346Low
Lot Size8,696 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

56.5Fair
Household Income66Good
Education Level44Low
Housing Stress42Low
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

Birchwood

How to read: Share of sales in each ~$50k price band for “birchwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110343

Community deep dive

$65K

Median household income

$71K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

42%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)733
Labour force participation rate53%
Median age46.8
Avg household size1.9
Unemployment rate11%
Population density5235 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households42%
Couple families with children11%
Median household income (2020)$65K

Housing

Renter households81%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,708 sqft
0255075100
Same streetTop 6%Same areaTop 26%CitywideTop 21%
Same street · Olive Street
#8 / 128
Top 6% · Avg 1,130 sqft
Same area · Birchwood
#76 / 295
Top 26% · Avg 1,439 sqft
Citywide · Winnipeg
#40,085 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

Elite
470k
0255075100
Same streetTop 2%Same areaTop 29%CitywideTop 25%
Same street · Olive Street
#2 / 128
Top 2% · Avg 305.6k
Same area · Birchwood
#85 / 295
Top 29% · Avg 421.9k
Citywide · Winnipeg
#48,354 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
1963
0255075100
Same streetTop 4%Same areaTop 9%CitywideBottom 45%

Lot Size

Elite
8,696 sqft
0255075100
Same streetTop 2%Same areaTop 29%CitywideTop 9%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

103 Olive Street — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 194 m), 1 healthcare (nearest 311 m), 1 shopping (nearest 203 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks2
Fuel Stations1
Worship1
🏛️Government1

Crime & Safety

Birchwood · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

67%

Sales History

Sold 6/2020CA$450k–500k
Sold price

Same street

Top 4%

Same area

Top 25%

City-wide

Top 21%

Related homes

Highlights & common questions: 103 Olive Street, Winnipeg

Property Overview: 103 Olive Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Birchwood is defined by its generous, mature lot and solid, updated fundamentals. The nearly 8,700 sqft property lot is a standout feature, ranking in the top 2% on its street, offering exceptional outdoor space and privacy for the area. The home itself provides comfortable, renovated living space of over 1,700 sqft, which is notably above average for the immediate vicinity. Key practical updates include a renovated basement and an attached garage.

The primary appeal lies in securing a property with land value that outperforms most of the neighbourhood, combined with a move-in-ready foundation. It suits buyers looking for a single-level layout on a quiet street, who value expansive yard potential over a brand-new build. It’s particularly well-matched for those who see the long-term value in a large lot in an established community, and for whom recent, significant renovations like the finished basement are a priority over a more modern exterior.

Section 2: Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is exceptionally large for the street and area, placing it in the 98th percentile on Olive Street. This is one of the property's most defining and valuable characteristics.

2. What is the neighbourhood like?
Birchwood is an established, mature neighbourhood. The high percentile rankings for lot size and living area suggest this specific street offers more spacious properties compared to other parts of the area.

3. Has the property value been stable?
The assessed value of $470k is consistent with similar homes in other neighbourhoods like Elmhurst. Historical data shows it sold for $460k in mid-2020, indicating stable value in recent years.

4. Is the home older? What does that mean for maintenance?
Built in 1963, the home is of an age where core systems may need evaluation or updating. However, key areas like the basement have been renovated, which is a significant advantage.

5. How does the living space compare?
At 1,708 sqft, the living area is above average for the street (top 6%) and neighbourhood (top 23%), offering more interior space than many nearby properties.

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