43 Silvia Street

Glenelm, Winnipeg

Property score

68.4

Good

Overall 68.4 · Larger and newer than most nearby homes

1,560 sqft (top 13%) · Built in 1944 (19 yrs newer than avg)

Located in a above-average income area with median household income of ~83k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 3 parks nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 3%

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

Sold Count

367

Median price

261.1k

$/sqft

$330/sqft

Avg build year

1925

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Property score

68.4 is composed by the two sections below.

Property Score

64.3Fair
Living Area1,560 sqft79Good
Year Built194424Low
Lot Size4,700 sqft60Fair
Neighbourhood Sales Activity61Fair

Community Score

74.6Good
Household Income78Good
Education Level63Fair
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

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.

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: #46110674

Community deep dive

$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

Population, labour & age

Population (2021)443
Labour force participation rate66%
Median age36.4
Avg household size2.4
Unemployment rate11%
Population density1703 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children21%
Median household income (2020)$83K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority11%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 80%
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
1,560 sqft
0255075100
Same streetTop 5%Same areaTop 13%CitywideTop 27%
Same street · Silvia Street
#1 / 21
Top 5% · Avg 1,021 sqft
Same area · Glenelm
#113 / 842
Top 13% · Avg 1,165 sqft
Citywide · Winnipeg
#53,147 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
351k
0255075100
Same streetTop 14%Same areaTop 9%CitywideBottom 47%
Same street · Silvia Street
#3 / 21
Top 14% · Avg 274.5k
Same area · Glenelm
#74 / 842
Top 9% · Avg 254.5k
Citywide · Winnipeg
#103,913 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetTop 24%Same areaTop 12%CitywideBottom 21%

Lot Size

Elite
4,700 sqft
0255075100
Same streetTop 5%Same areaTop 13%CitywideBottom 38%

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

43 Silvia Street — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 490 m), 1 education (nearest 442 m), 1 shopping (nearest 476 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳Parks3
Worship2
🏛️Government1

Crime & Safety

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%

Sales History

Sold 7/2022CA$350k–400k
Sold price

Same street

Top 14%

Same area

Top 4%

City-wide

Top 39%
Sold 10/2016CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 20%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 43 Silvia Street, Winnipeg

Property Overview: 43 Silvia Street, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in the established Glenelm neighbourhood presents a compelling blend of space, location, and value. Built in 1944, it sits on a notably large 4,700 sqft lot, ranking in the top 5% for land size on its street. The 1,560 sqft living area is also spacious for the area, placing it in the top tier locally. A key feature is the renovated basement, adding functional living space, and the property includes a detached garage.

The appeal lies in its strong positional metrics within a sought-after community. It consistently ranks in the top 15-20% of its immediate street and wider Glenelm area for lot size, living space, and assessed value, suggesting it's a above-average offering in a desirable location. The sold price history shows steady appreciation, increasing from $300k in 2016 to $380k in 2022.

This property would suit buyers looking for a character home in a mature neighbourhood without sacrificing interior updates, as evidenced by the renovated basement. It's ideal for those who value a larger private lot and more interior space than is typical for the area, and who are encouraged by a history of solid value growth.

Section 2: Frequently Asked Questions

1. How does this home truly compare within Glenelm?
The data indicates it's a standout in several ways. It possesses a larger lot and more living space than approximately 85-90% of homes in Glenelm, making it a rarer, more spacious find in the neighbourhood.

2. What does the sold price history indicate?
The home sold for $300,000 in 2016 and $380,000 in 2022. This represents a significant increase over six years, suggesting the property has held and grown its value well in the recent market.

3. Is the assessed value in line with the market?
The current assessed value is $351,000. It's important to note this is for tax purposes and is below the last sold price of $380,000 in 2022. Market conditions and property improvements since the last sale would determine the current listing or sale price.

4. What is the neighbourhood context of Glenelm?
Glenelm is a stable, established neighbourhood. The provided comparable listings show homes here maintain notably higher assessed values than those in adjacent areas like North Point Douglas, pointing to its perceived desirability and stability.

5. What are less obvious considerations for a home of this age?
While the basement is renovated, a home built in 1944 will have core aging components. Prospective buyers should pay particular attention to the condition of the roof, foundation, plumbing, and electrical systems, which may be original or nearing the end of their service life, even if the cosmetic spaces are updated.

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