194 Palliser Avenue

Silver Heights, Winnipeg

Property score

70.3

Good

Overall 70.3 · Larger than most nearby homes

1,291 sqft (top 28%) · Built in 1953

Located in a high-income area with median household income of ~105k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Above average

7% larger than neighborhood avg.

Year Built

Below average

0 yrs newer than neighborhood avg.

Mother tongue

English · 85%Tagalog · 4%

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

Sold Count

510

Median price

415k

$/sqft

$327/sqft

Avg build year

1953

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Property score

70.3 is composed by the two sections below.

Property Score

61.4Fair
Living Area1,291 sqft66Good
Year Built195336Low
Lot Size6,814 sqft85Excellent
Neighbourhood Sales Activity37Low

Community Score

83.7Excellent
Household Income87Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46110264

Community deep dive

$105K

Median household income

$132K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

23%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)554
Labour force participation rate68%
Median age42.8
Avg household size2.6
Unemployment rate6%
Population density2638 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households23%
Couple families with children27%
Median household income (2020)$105K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority21%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 84%
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

above average
1,291 sqft
0255075100
Same streetTop 28%Same areaTop 28%CitywideTop 42%
Same street · Palliser Avenue
#15 / 53
Top 28% · Avg 1,244 sqft
Same area · Silver Heights
#436 / 1,558
Top 28% · Avg 1,204 sqft
Citywide · Winnipeg
#82,142 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
343k
0255075100
Same streetTop 30%Same areaTop 24%CitywideBottom 44%
Same street · Palliser Avenue
#16 / 53
Top 30% · Avg 329.9k
Same area · Silver Heights
#375 / 1,558
Top 24% · Avg 324.6k
Citywide · Winnipeg
#109,409 / 194,458
Bottom 44% · Avg 390.1k

Year Built

Elite
1953
0255075100
Same streetTop 2%Same areaBottom 37%CitywideBottom 31%

Lot Size

above average
6,814 sqft
0255075100
Same streetTop 13%Same areaTop 22%CitywideTop 19%

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

194 Palliser Avenue — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 417 m), 1 education (nearest 324 m), 1 healthcare (nearest 446 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Worship3

Crime & Safety

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%

Sales History

194 Palliser 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.

Related homes

Highlights & common questions: 194 Palliser Avenue, Winnipeg

Property Overview & Key Characteristics

This well-situated one-storey home on a large, 6,814 sqft lot in Silver Heights offers a classic Winnipeg foundation with clear modern updates. Its key appeal lies in the combination of a generous, private yard—a rarity in many neighbourhoods—and a recently renovated basement, which adds valuable finished living space to the 1,291 sqft main floor. The detached garage provides flexibility for parking, storage, or workshop use.

Statistically, the property stands out on its street for its newer build year (top 2%) and larger lot size (top 13%), suggesting it is among the more premium offerings on the block. Its assessed value is consistent with similar homes in the area. The home would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow or entertain outdoors, as well as value-conscious buyers who prioritize land size and a move-in-ready basement over a recently built or extensively renovated main floor.

Frequently Asked Questions

1. How does the lot size compare to others nearby?
At 6,814 sqft, the lot is significantly larger than average for the street (ranking in the top 13%) and the wider Silver Heights neighbourhood, offering substantial outdoor space for gardens, play, or expansion.

2. The home was built in 1953. What should I expect?
While the basement has been renovated, the main living areas retain the original character of a 1950s one-storey. Buyers should anticipate the potential for future updates to systems like plumbing, electrical, or windows, balanced by the charm and solid construction of the era.

3. Is the assessed value a good indicator of the likely selling price?
The assessed value ($34.30k) is a municipal figure for tax purposes and is not a market valuation. It is best used to compare relative property value within the city. Market price is determined by current conditions, the home's updated features, and buyer demand.

4. What is the neighbourhood like?
Silver Heights is an established, mature neighbourhood. The property's high rankings for lot size and building age on its specific street suggest it is located on a desirable, well-kept block within the area.

5. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or studio without concerns about noise or fumes entering the house. It also provides potential for future lot development, such as building a carport or expanding the garden space between the garage and the home.

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