88 Olafson Avenue

St. Vital Perimeter South, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Compared with neighbourhood average

1,738 sqft (bottom 38%) · Built in 1989 (3 yrs newer than avg)

Located in a high-income area with median household income of ~137k

Transit 0.0

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 9%

Past 10 years St. Vital Perimeter South sales snapshot (~80% of all data)

Sold Count

147

Median price

741k

$/sqft

$427/sqft

Avg build year

1986

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Property score

83.0 is composed by the two sections below.

Property Score

83.1Excellent
Living Area86
1,738 sqftExcellent
Year Built78
1989Good
Lot Size100
87,057 sqftExcellent
Neighbourhood Sales Activity18
Low

Community Score

82.9Excellent
Household Income92
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

St. Vital Perimeter South

How to read: Share of sales in each ~$50k price band for “st. vital perimeter south” (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: #46110938

Community deep dive

$137K

Median household income

$204K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

16%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)508
Labour force participation rate62%
Median age45.6
Avg household size2.8
Unemployment rate7%
Population density58 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households16%
Couple families with children38%
Median household income (2020)$137K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$700K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority0%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,738 sqft
0255075100
Same streetBottom 43%Same areaBottom 38%CitywideTop 19%
Same street · Olafson Avenue
#4 / 7
Bottom 43% · Avg 1,766 sqft
Same area · St. Vital Perimeter South
#381 / 619
Bottom 38% · Avg 2,098 sqft
Citywide · Winnipeg
#37,828 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

Elite
648k
0255075100
Same streetTop 43%Same areaBottom 39%CitywideTop 5%
Same street · Olafson Avenue
#3 / 7
Top 43% · Avg 577.6k
Same area · St. Vital Perimeter South
#377 / 619
Bottom 39% · Avg 739.7k
Citywide · Winnipeg
#10,554 / 194,458
Top 5% · Avg 390.1k

Year Built

above average
1989
0255075100
Same streetTop 14%Same areaTop 48%CitywideTop 23%

Lot Size

Elite
87,057 sqft
0255075100
Same streetTop 29%Same areaBottom 22%CitywideTop 1%

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

Search radius
No data within 500 m.

Crime & Safety

St. Vital Perimeter South · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Sales History

88 Olafson 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.

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