107 Olive Street

Birchwood, Winnipeg

Property score

67.9

Good

Overall 67.9 · Larger and newer than most nearby homes

1,722 sqft (top 24%) · Built in 1959 (4 yrs newer than avg)

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

Transit 86.0 · 2-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

20% larger than neighborhood avg.

Year Built

Above average

4 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

67.9 is composed by the two sections below.

Property Score

75.5Good
Living Area1,722 sqft86Excellent
Year Built195943Low
Lot Size7,768 sqft91Excellent
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

Elite
1,722 sqft
0255075100
Same streetTop 5%Same areaTop 24%CitywideTop 20%
Same street · Olive Street
#7 / 128
Top 5% · Avg 1,130 sqft
Same area · Birchwood
#70 / 295
Top 24% · Avg 1,439 sqft
Citywide · Winnipeg
#39,025 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

Elite
423k
0255075100
Same streetTop 5%Same areaTop 41%CitywideTop 33%
Same street · Olive Street
#6 / 128
Top 5% · Avg 305.6k
Same area · Birchwood
#122 / 295
Top 41% · Avg 421.9k
Citywide · Winnipeg
#64,667 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 8%Same areaTop 25%CitywideBottom 40%

Lot Size

Elite
7,768 sqft
0255075100
Same streetTop 5%Same areaTop 40%CitywideTop 12%

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

107 Olive Street — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 173 m), 1 healthcare (nearest 301 m), 1 shopping (nearest 184 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

107 Olive Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 107 Olive Street, Winnipeg

Property Overview

This 1959 one-storey home in Birchwood presents a compelling blend of established neighbourhood character and above-average space. Its primary appeal lies in its generous 7,768 sqft lot and a renovated basement, offering significant room for both living and potential outdoor enjoyment. With a living area of 1,722 sqft ranking in the top 21% of the neighbourhood, it provides more interior space than many comparable homes. The property consistently ranks in the top tiers for lot size, living area, and assessed value within its immediate street, suggesting it's a standout property on its block.

It would suit buyers looking for a solid, spacious bungalow with a move-in-ready basement in a mature area. It's ideal for those who value a large yard for gardening, children, or pets, and for owners who appreciate a home that compares favourably to its direct neighbours in key metrics. The data indicates it may also attract value-conscious buyers noting its assessed value is substantially lower than some nearby properties, potentially pointing to different market dynamics or renovation levels.


Frequently Asked Questions

1. How does the assessed value compare to the likely asking or market price?
The assessed value is $42,300, which is a municipal valuation for tax purposes. It is notably lower than some comparable listings in the area (one nearby home is listed at $500k), but closely aligned with others. Market price is determined by current conditions, recent sales, and the home's specific features, so a professional appraisal and market analysis are essential.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Viewing the property is necessary to determine the finish quality, ceiling height, legal egress, and whether it includes added bedrooms, a bathroom, or a legal secondary suite.

3. The home is 67 years old. What should I expect regarding maintenance?
While the basement is renovated, major original systems like plumbing, electrical, the roof, and the foundation should be carefully inspected. A pre-purchase home inspection is highly recommended to assess the condition of these older components and plan for potential updates.

4. The lot is large, but are there any restrictions on its use?
The 7,768 sqft lot is a major asset. Buyers should verify zoning bylaws with the city to understand what is permitted, such as building additions, a garage, a garden suite, or pool, as well as any easements or rights-of-way that might affect usability.

5. The home ranks well on its street, but how is the neighbourhood overall?
The data shows the property ranks highly on its specific street for key features. Neighbourhood rankings for metrics like year built are more moderate. This suggests a very strong position within a micro-location, making it worthwhile to research broader Birchwood amenities, traffic patterns, and future development plans to get the full picture.

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