248 Olive Street

Silver Heights, Winnipeg

Property score

57.5

Fair

Overall 57.5 · Smaller but newer than most nearby homes

936 sqft (bottom 15%) · Built in 1956 (3 yrs newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 2%

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

57.5 is composed by the two sections below.

Property Score

47.8Low
Living Area936 sqft42Low
Year Built195643Low
Lot Size6,101 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

72.0Good
Household Income78Good
Education Level54Fair
Housing Stress63Fair
Core Housing Need76Good
Employment Health83Excellent

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: #46110344

Community deep dive

$83K

Median household income

$91K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)562
Labour force participation rate74%
Median age37.2
Avg household size2.4
Unemployment rate7%
Population density3122 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households29%
Couple families with children21%
Median household income (2020)$83K

Housing

Renter households31%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority19%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 1%

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

Rankings

Living Area

below average
936 sqft
0255075100
Same streetBottom 28%Same areaBottom 15%CitywideBottom 20%
Same street · Olive Street
#92 / 128
Bottom 28% · Avg 1,130 sqft
Same area · Silver Heights
#1,322 / 1,558
Bottom 15% · Avg 1,204 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
321k
0255075100
Same streetTop 28%Same areaBottom 49%CitywideBottom 36%
Same street · Olive Street
#36 / 128
Top 28% · Avg 305.6k
Same area · Silver Heights
#792 / 1,558
Bottom 49% · Avg 324.6k
Citywide · Winnipeg
#124,763 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 23%Same areaTop 24%CitywideBottom 36%

Lot Size

above average
6,101 sqft
0255075100
Same streetTop 34%Same areaTop 43%CitywideTop 29%

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

248 Olive Street — 11 amenities found within 500 m, across 7 categories, including 4 dining (nearest 227 m), 1 healthcare (nearest 311 m), 1 shopping (nearest 213 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship1
🏛️Government2

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

248 Olive Street: 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.

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