Property score
59.2
Fair
Overall 59.2 · Smaller but newer than most nearby homes
936 sqft (bottom 15%) · Built in 1956 (3 yrs newer than avg)
Located in a high-income area with median household income of ~104k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 2 parks, and 1 government office nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 85%Tagalog · 5%
Past 10 years Silver Heights sales snapshot (~80% of all data)
510
415k
$327/sqft
1953
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59.2 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: #46110345
$104K
Median household income
$98K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
23%
Single-person households
32%
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
348 Olive Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 227 m), 2 parks (nearest 423 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%
348 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 348 Olive Street, Silver Heights, Winnipeg
Key Characteristics & Buyer Appeal
This 1956 bungalow at 348 Olive Street presents a practical entry point into Winnipeg's established Silver Heights neighborhood. With 936 square feet of living space, the home is notably compact, ranking below average in size for its street, area, and the wider city. This characteristic defines its core appeal: it is a more affordable, lower-maintenance option in a desirable area where larger homes command higher prices.
Its assessed value of $282,000 sits comfortably below the neighborhood and city averages, indicating a potentially accessible price point. The lot size of 5,856 sqft is fairly standard for the area. The home's age is actually above average for Silver Heights, suggesting it is among the more mature properties on a street of similar-era homes.
This property would best suit first-time homebuyers, downsizers, or investors seeking a straightforward, lower-cost holding in a stable neighborhood. Its value lies less in size or modern features and more in location and lot potential. A thoughtful perspective for a buyer is to see the below-average square footage not just as a limitation, but as a canvas for a efficient, modern renovation or an addition, leveraging the solid foundation of a larger, well-located lot.
Frequently Asked Questions
1. Is the assessed value the same as the likely selling price?
No. The assessed value ($282k) is for municipal tax purposes. The actual market price can be higher or lower based on condition, updates, and market demand. It does, however, provide a benchmark showing this home is valued below area averages.
2. How does the living area compare to nearby homes?
At 936 sqft, the living space is smaller than most comparable homes on Olive Street and in the Silver Heights area. This is a key factor in its lower assessed value.
3. Can I get the exact sale history for this property?
The public data does not show a detailed transaction history. The listing service advises contacting them directly via email to request a manual lookup for the most accurate sales information.
4. What are the implications of the home being built in 1956?
Being built in 1956 means the home is older than many on its street and in Silver Heights. This typically suggests potential for original features but also means buyers should budget for updates to major aging components like plumbing, electrical, or the roof.
5. How does the lot size compare, and what does that mean?
The lot is slightly smaller than the street average but around average for the city. It provides standard outdoor space for a home of this era—sufficient for a yard and garden, but not an unusually large parcel.
