Property score
61.7
Fair
Overall 61.7 · Compared with neighbourhood average
1,176 sqft (top 41%) · Built in 1954 (1 yr newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 83%Tagalog · 5%
Past 10 years Silver Heights sales snapshot (~80% of all data)
510
415k
$327/sqft
1953
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61.7 is composed by the two sections below.
Property Score
Community Score
Silver Heights
How to read: Share of sales in each ~$50k price band for “silver heights” (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: #46110262
$74K
Median household income
$75K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
41%
Single-person households
20%
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
131 Traill Avenue — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 187 m), 1 healthcare (nearest 112 m), 1 shopping (nearest 212 m).
Silver Heights · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
69%
131 Traill Avenue: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,176 sqft home, built in 1954, sits on a 5,395 sqft lot in Silver Heights. Its most distinctive feature is the year built: it’s the oldest house on its street (ranked #1 out of 26) by a narrow margin, which may appeal to buyers who prioritize established construction over newer builds. The living area is around average for its street, neighbourhood, and city, so it’s not unusually small or large. Where the property stands out is in its assessed value ($260,000), which is the lowest on its street and well below neighbourhood and city averages. This is partly explained by the smaller-than-average land area (5,395 sqft vs. 5,764 sqft on the street) and the age of the home, but it also suggests potential upside if renovations or market shifts close that gap.
The appeal here is straightforward: it’s a low-entry-price property in a neighbourhood where comparable homes are valued higher. That makes it a natural fit for first-time buyers looking to get into Silver Heights without paying top dollar, or for investors seeking a value-add opportunity—someone who can renovate or redevelop (subject to zoning) could see significant equity growth. The smaller lot and older home might deter buyers who want move-in-ready or more outdoor space, but for those comfortable with a project, the below-market assessed value is the main draw. It’s not a flashy property, but it offers a practical entry point with clear comparables nearby.
1. Why is the assessed value so much lower than other homes on the street?
The value is driven by a combination of the home’s age (1954) and its smaller land area (5,395 sqft vs. the street average of 5,764 sqft). While age alone doesn’t always lower value, in this case it coincides with a lot that’s below average for the area. The home’s living area is also slightly smaller than the street average, compounding the effect. That said, the gap is notable—$56,500 below the street average—so it’s worth investigating the home’s condition and recent sales of similar properties to see if the assessment is conservative or reflects deferred maintenance.
2. Is this property in a desirable neighbourhood?
Silver Heights ranks in the top 41% city-wide for living area, which suggests the area is established with reasonably sized homes. The assessed values in the neighbourhood are above the city median ($324,600 vs. $390,100 city-wide), but this home sits well below both. Desirability depends on what you’re after: it’s a mid-tier neighbourhood, not a luxury pocket, but it offers proximity to amenities and a stable housing stock. The fact that this is the lowest-valued home on the street could mean you’re buying into a rising area at a discount, or that the home itself has specific drawbacks—only an in-person visit will clarify.
3. What does the “top 4%” rank for year built actually mean?
It means this home is one of the oldest on its street—ranked #1 out of 26. In the context of rankings, older is ranked higher (since the system ranks by year, with newer being better, the oldest gets the highest rank). So “top 4%” here is a quirk of the data: it signals the home is notably older than its neighbours, not that it’s more desirable. For a buyer interested in character or solid older construction, this could be a plus; for someone worried about maintenance, it’s a heads-up.
4. How does the land area compare to other properties in Silver Heights?
It’s below average. The home ranks in the bottom 12% for land area in the neighbourhood, with 5,395 sqft versus the neighbourhood average of 6,472 sqft. That’s a meaningful difference—about 1,077 sqft less, or roughly a quarter of a standard lot. If you’re looking for a spacious yard or room for an addition, this property may feel tight compared to nearby homes. For those who prefer lower-maintenance outdoor space, it could be a reasonable fit.
5. Could this property be a good renovation project?
Potentially, based on the value gap. The assessed value is well below both the street and neighbourhood averages, so any increase in living space, modernisation, or even cosmetic updates could push the value closer to those benchmarks. The smaller lot limits what you can do with an extension, so improvements would likely focus on the interior and curb appeal. The fact that it’s one of the oldest homes on the street also means it may have original features worth restoring, but it also means systems (roof, plumbing, electrical) should be inspected carefully. It’s not a guaranteed flip, but the low entry price gives you room to work.
