Property score
80.1
Excellent
Overall 80.1 · Compared with neighbourhood average
1,471 sqft (bottom 46%) · Built in 1999 (1 yr 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
Near average
3% smaller than neighborhood avg.
Year Built
Near average
1 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
80.1 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
116 Silver Springs Bay — 5 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 308 m), 3 parks (nearest 190 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 1% | Bottom 14% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 116 Silver Springs Bay in Winnipeg's Eaglemere neighbourhood presents a practical and comfortable living proposition. Built in 1999, its key appeal lies in its above-average, generous lot size of over 7,200 sqft, offering more outdoor space than most homes on its street and in the wider city. The home itself, at 1,471 sqft of living area, is competitively sized for the area and features a renovated basement and an attached garage. Its assessed value positions it above average for both the Eaglemere area and citywide, suggesting a solid, established value in the market.
The property would suit buyers looking for a manageable single-level layout in a mature neighbourhood, where the lot size offers room for gardening, play, or future expansion. It’s a home that balances being unassuming in its street presence with the private asset of a larger yard. It may particularly appeal to those who value space over flash, or who see potential in a home that is well-situated and fundamentally sound, rather than brand new.
Frequently Asked Questions
1. How does this home compare to others in Eaglemere?
The data shows this home is consistently above average for the neighbourhood in key metrics: it sits in the top 21% for assessed value, the top 18% for land area, and the top 30% for the age of the home (newer is ranked better). Its living space is right around the neighbourhood average.
2. What is the significance of the lot size?
At 7,284 sqft, the lot is notably larger than many in the area. This is a less obvious but valuable characteristic, providing more privacy, green space, and potential for outdoor living or projects than is typical, which is often a premium in established suburbs.
3. The home sold in 2019 for $362,000, but the assessed value is now $486,000. Why the difference?
Assessed value for property tax purposes and market sale price are determined differently and can vary significantly. The assessed value is an estimate for taxation, while the sale price is determined by the market at the time of sale. The increase suggests the property has risen in value on the municipal assessment roll since its last sale.
4. What does "renovated basement" typically mean in a home of this age?
In a 1999-built home, a renovated basement likely means the original lower level has been finished or updated to create comfortable living space, such as a family room, additional bedrooms, or a modern rec room, adding functional square footage to the home.
5. Who might this property not suit?
This may not be the ideal fit for someone seeking a brand-new, move-in-ready home with contemporary open-concept layouts, as a 1999 build may have a more traditional floor plan. It also does not have a pool, which could be a drawback for some buyers.
