Property score
67.6
Good
Overall 67.6 · Compared with neighbourhood average
1,040 sqft (top 50%) · 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 1 park nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 59%French · 5%
Past 10 years Meadowood sales snapshot (~80% of all data)
624
392.3k
$432/sqft
1978
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67.6 is composed by the two sections below.
Property Score
Community Score
Meadowood
How to read: Share of sales in each ~$50k price band for “meadowood” (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: #46110479
$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
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
38 Olivewood Crescent — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 228 m), 1 healthcare (nearest 251 m), 2 shopping (nearest 346 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 21% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Olivewood Crescent, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1975, presents a solid, no-surprises opportunity in the established Meadowood neighbourhood. Its primary appeal lies in its balanced metrics and above-average lot size. The home sits on a 5,801 sqft parcel, which is notably larger than many lots in the immediate area and across the city, offering valuable outdoor space and potential. While the living area is comfortably average for the street and neighbourhood, the home's year of construction is newer than most on its block, which can be a positive indicator of its underlying systems.
The property suits practical buyers looking for a manageable footprint in a mature community. It’s ideal for first-time homeowners seeking a straightforward entry point, downsizers wanting a single-level layout with a generous yard, or investors looking for a stable rental property. The recent sale in the $350k-$400k range suggests a market-tested value. A thoughtful perspective is that this home represents the "quiet middle" of the market—it may not have flashy standout features, but its above-average land component and newer-build ranking on the street provide a foundation of intrinsic value that isn't immediately obvious from the square footage alone.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The home is very typical for Olivewood Crescent in terms of size and assessed value, ranking right around the middle. Its key advantages are a lot size in the top 30% on the street and a build year that is newer than most of its direct neighbours.
2. Is the assessed value the same as the market value?
No. The municipal assessed value for tax purposes is $38,500. The home sold for between $350,000 and $400,000 in 2024, which reflects its actual market value.
3. What does the "above average" land area mean for me?
With a lot size ranking in the top 26% for Meadowood, you have more outdoor space than many comparable properties. This allows more room for gardening, recreation, or future additions like a shed or deck, and typically contributes to better long-term property value.
4. The home is 50 years old. What should I consider?
While newer than many on its street, a 1975 build means essential systems (roof, windows, plumbing, electrical) are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and any upcoming capital expenses.
5. How can I find out the exact past sale price?
The provided sale price is a range based on public data. You can request the exact historical sold price by emailing the listing service via the "Get exact sold price history" button; they provide this detail manually at no cost.
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