Property score
88.8
Excellent
Overall 88.8 · Larger than most nearby homes
2,319 sqft (top 1%) · Built in 2003 (5 yrs newer than avg)
Located in a high-income area with median household income of ~113k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 3 parks, and 1 bank/ATM nearby
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 63%Punjabi · 12%
Past 10 years Eaglemere sales snapshot (~80% of all data)
134
477.5k
$344/sqft
1998
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88.8 is composed by the two sections below.
Property Score
Community Score
Eaglemere
How to read: Share of sales in each ~$50k price band for “eaglemere” (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: #46110875
$113K
Median household income
$143K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
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
112 Silver Springs Bay — 5 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 294 m), 3 parks (nearest 180 m).
Eaglemere · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Violent
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 33% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 112 Silver Springs Bay in Winnipeg's Eaglemere neighbourhood presents a compelling opportunity. Its primary appeal lies in offering substantial space and a premium lot that ranks highly not just locally, but across the entire city. Built in 2003, it strikes a balance between modern construction and established community maturity. The home features a renovated basement and an attached garage.
Key Characteristics & Appeal
The standout features of this property are its scale and its position within the market. With over 2,300 square feet of living space, it sits in the top 5% of homes citywide for size, offering ample room for family living, entertaining, or dedicated work-from-home areas. More notably, it occupies an expansive 11,637 sqft lot, which places it in the elite top 2% on its own street and top 4% in Winnipeg. This combination of a large, modern(ish) home on a truly generous parcel is rare.
Its appeal is to buyers seeking long-term space without sacrificing neighbourhood amenities. It would suit a growing family that values both indoor square footage and extensive outdoor potential—think gardens, play areas, or future additions. The "elite" rankings for size and lot suggest it's a standout property even within the desirable Eaglemere area, making it a target for buyers looking for a premium home that outperforms its immediate peers. The renovated basement adds functional, modern living space. A less obvious perspective is that its 2003 build date offers a sweet spot: it’s new enough to avoid major systemic issues common in older homes, yet old enough to be situated in a well-established, tree-filled neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much higher than the last sale price in 2019?
The 2019 sale price of $473,000 reflects the market conditions at that time. The current assessed value of $621,000 is a valuation for taxation purposes by the city, influenced by broad market increases, the home's standout characteristics, and recent sales of comparable properties in the area.
2. What does it mean that the home ranks in the "top 2%" for lot size on its street?
This statistical ranking means that of the 50 comparable properties on Silver Springs Bay, this home's lot size is number one. It has significantly more land than the street's average lot of approximately 6,065 sqft, offering greater privacy and potential.
3. Is the home in a flood zone or affected by any water issues?
While the provided details do not specify this, any home near a body of water like Silver Springs Bay warrants due diligence. Prospective buyers should always verify flood plain maps, review the property's history, and consider a thorough inspection for peace of mind.
4. The home is "above average" citywide for assessed value but "elite" for size. What does this indicate?
This suggests you are paying a premium primarily for the physical attributes—the very large home and the very large lot—rather than an inflated address premium. It can indicate strong intrinsic value based on tangible assets.
5. How does the 2003 build date compare to the neighbourhood?
With an average build year on the street around 1999, this home is slightly newer than many of its immediate neighbours. In the broader Eaglemere area, it's around the average age, indicating it fits seamlessly within a mature, established community rather than being an outlier.
