22 Olivewood Crescent

Meadowood, Winnipeg

Property score

63.3

Fair

Overall 63.3 · Compared with neighbourhood average

960 sqft (bottom 32%) · Built in 1975 (3 yrs older than avg)

Located in a high-income area with median household income of ~94k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

14% smaller than neighborhood avg.

Taon ng Paggawa

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 59%French · 5%

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

Sold Count

624

Median price

392.3k

$/sqft

$432/sqft

Avg build year

1978

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.3 is composed by the two sections below.

Property Score

50.5Fair
Living Area960 sqft42Low
Taon ng Paggawa197558Fair
Lupa5,260 sqft67Good
Neighbourhood Sales Activity74Good

Community Score

82.5Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Istatistika ng benta ng komunidad

Meadowood

How to read: Share of sales in each ~$50k price band for “meadowood” (Detached na bahay (hindi 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: #46110479

Community deep dive

$94K

Median household income

$111K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

12%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)439
Labour force participation rate67%
Median age43.6
Avg household size2.7
Unemployment rate9%
Population density2438 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children34%
Median household income (2020)$94K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority35%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 59%
Mother tongue (2nd)French · 4%

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

Mga ranggo

Living Area

karaniwan
960 sqft
0255075100
Same streetBottom 17%Same areaBottom 32%CitywideBottom 22%
Same street · Olivewood Crescent
#15 / 18
Bottom 17% · Avg 1,098 sqft
Same area · Meadowood
#1,139 / 1,668
Bottom 32% · Avg 1,114 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Assessed Value

karaniwan
355k
0255075100
Same streetBottom 22%Same areaBottom 34%CitywideBottom 48%
Same street · Olivewood Crescent
#14 / 18
Bottom 22% · Avg 386.4k
Same area · Meadowood
#1,105 / 1,668
Bottom 34% · Avg 375.6k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1975
0255075100
Same streetTop 17%Same areaTop 47%CitywideTop 40%

Lupa

karaniwan
5,260 sqft
0255075100
Same streetBottom 1%Same areaTop 47%CitywideTop 49%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

22 Olivewood Crescent — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 287 m), 1 healthcare (nearest 310 m), 2 shopping (nearest 392 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations1
🏛️Government1

Crime & Safety

Meadowood · WPS public data · 2026

Annual incidents

24

2026

vs. city avg

-19%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

58%

Kasaysayan ng Benta

Naibenta 6/2016CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Bottom 21%

Buong lungsod

Bottom 32%

Related homes

Mga tampok at karaniwang tanong: 22 Olivewood Crescent, Winnipeg

Property Overview: 22 Olivewood Crescent, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This 960 sqft bungalow, built in 1975, presents a practical and affordable entry point into Winnipeg’s Meadowood neighbourhood. Its key appeal lies in its value proposition and established location. The home sits on a 5,260 sqft lot, which is modest for the immediate street but typical for the wider area. With an assessed value significantly below both the street and city averages, it represents a lower-than-average property tax base, which is a distinct financial advantage.

The home’s living space is compact, ranking below average for its street, making it best suited for first-time buyers, downsizers, or investors seeking a manageable property. Its age is a notable positive on Olivewood Crescent, as it is one of the newer homes on the block, potentially suggesting fewer major age-related issues compared to immediate neighbours. The appeal is grounded in practicality: it’s a home for those prioritizing financial efficiency and a stable, mature neighbourhood over size or modern features. It suits a buyer comfortable with a property that offers a solid foundation but may require personal updates to align with contemporary tastes.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value of $35,500 is for municipal tax purposes. The likely selling price will be influenced by current market conditions, the home’s condition, and recent sales of comparable properties, which historically have been in the $250k-$300k range.

2. How does the lot size impact potential?
At 5,260 sqft, the lot is the smallest on Olivewood Crescent. This limits expansive outdoor additions but simplifies maintenance. For the right buyer, this is a low-upkeep yard, not a blank canvas for major landscaping projects.

3. What does it mean that this is a "newer" home on the street?
Built in 1975, this home is newer than most on its block. This can be an advantage, as construction standards and materials evolved, potentially meaning updated electrical systems, plumbing, or insulation compared to older neighbours, which should be verified during an inspection.

4. Are the property taxes likely to be low?
Yes, based on the assessed value being below area averages, the municipal property tax bill should be relatively low for the city and neighbourhood. This is a key ongoing cost savings for the homeowner.

5. Where can I see more detailed context about the neighbourhood?
You can view an interactive neighbourhood analysis map that compares this property with nearby homes based on year built, living area, assessed value, and lot size. A link is provided in the full property details for this deeper dive.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.