Property score
46.6
Below average
Overall 46.6 · Smaller but newer than most nearby homes
700 sqft (bottom 5%) · Built in 1942 (17 yrs newer than avg)
Located in a above-average income area with median household income of ~83k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 81%Tagalog · 3%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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46.6 is composed by the two sections below.
Property Score
Community Score
Glenelm
How to read: Share of sales in each ~$50k price band for “glenelm” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110674
$83K
Median household income
$85K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
27%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
36 Silvia Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 447 m), 3 parks (nearest 118 m).
Glenelm · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 8% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 36 Silvia Street in Winnipeg's Glenelm neighbourhood is a compact, no-frills property with a clear value proposition. Its key characteristic is its modest scale, with a living area of 700 sqft that places it among the smaller homes on its street, in the area, and city-wide. Built in 1942, it sits on a roughly 4,000 sqft lot. The home's standout feature is its exceptionally low municipal assessed value of $19,500, which is the lowest on Silvia Street and well below averages for the area and city.
Its appeal lies squarely in its potential as an affordable entry point. It represents a very low barrier to entry for homeownership or investment in a mature, established neighbourhood. The lot size is actually above average for Glenelm, suggesting the land itself may be a key asset. This property would suit a specific type of buyer: a hands-on investor looking for a rental or redevelopment project, or a very budget-conscious first-time buyer willing to take on a home that likely requires significant updates or repairs. It is not suited for someone seeking move-in-ready condition or ample living space.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
Municipal assessments are based on factors like size, condition, and comparable sales. This home's very small size (700 sqft) and probable need for modernization result in a low assessed value, which translates to lower property taxes.
2. What does the sales history tell us?
The home last sold in early 2020 for an estimated $13.5k–$16.5k, close to its current assessed value. This indicates the property has been consistently valued at this entry-level price point for years.
3. Is this a "tear-down" property?
While the existing structure is small and dated, whether it's a candidate for demolition depends on its condition, local bylaws, and the buyer's plans. The lot size is a positive factor for potential redevelopment, but the decision would require a professional inspection and due diligence.
4. Who would be the ideal buyer for this home?
The ideal buyer is likely an investor or a purchaser with renovation skills and a tight budget. It's a strategic purchase for land value or as a long-term hold, not for someone needing immediate, comfortable housing.
5. How does it compare to the nearby reference properties?
The listed references at 43 Silvia St. and 42 Hart Ave. are both larger in living area and have higher assessed values, confirming that 36 Silvia is uniquely compact and valued within the neighbourhood. This underscores its role as the area's most affordable option.
