120 Silver Springs Bay

Eaglemere, Winnipeg

Property score

79.2

Good

Overall 79.2 · Compared with neighbourhood average

1,493 sqft (top 48%) · Built in 2001 (3 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

Near average

1% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 63%Punjabi · 12%

Past 10 years Eaglemere sales snapshot (~80% of all data)

Sold Count

134

Median price

477.5k

$/sqft

$344/sqft

Avg build year

1998

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Property score

79.2 is composed by the two sections below.

Property Score

77.5Good
Living Area75
1,493 sqftGood
Year Built87
2001Excellent
Lot Size74
5,717 sqftGood
Neighbourhood Sales Activity80
Good

Community Score

81.7Excellent
Household Income90
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

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: #46110875

Community deep dive

$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

Population, labour & age

Population (2021)1,532
Labour force participation rate66%
Median age46.4
Avg household size3.1
Unemployment rate6%
Population density3330 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households14%
Couple families with children38%
Median household income (2020)$113K

Housing

Renter households7%
Condominium dwellings4%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority38%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Punjabi · 11%

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

Rankings

Living Area

around average
1,493 sqft
0255075100
Same streetBottom 48%Same areaTop 48%CitywideTop 31%
Same street · Silver Springs Bay
#26 / 50
Bottom 48% · Avg 1,597 sqft
Same area · Eaglemere
#208 / 430
Top 48% · Avg 1,512 sqft
Citywide · Winnipeg
#60,106 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetBottom 36%Same areaTop 49%CitywideTop 29%
Same street · Silver Springs Bay
#32 / 50
Bottom 36% · Avg 476.7k
Same area · Eaglemere
#209 / 430
Top 49% · Avg 452.9k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 12%Same areaTop 43%CitywideTop 17%

Lot Size

around average
5,717 sqft
0255075100
Same streetTop 42%Same areaTop 38%CitywideTop 39%

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

120 Silver Springs Bay — 5 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 322 m), 3 parks (nearest 196 m).

Search radius
🛒Shopping1
🌳Parks3
🏦Finance1

Crime & Safety

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%

Sales History

Sold 9/2017CA$350k–400k
Sold price

Same street

Bottom 9%

Same area

Bottom 24%

City-wide

Top 40%

Related homes

Highlights & common questions: 120 Silver Springs Bay, Winnipeg

Property Overview

This one-storey home at 120 Silver Springs Bay in Winnipeg's Eaglemere neighbourhood presents a practical and comfortable living option. Built in 2001, it is notably newer than many city-wide comparables. The home offers 1,493 sqft of living space with an attached garage and a full, unrenovated basement, situated on a standard-sized lot of just over 5,700 sqft.

Its primary appeal lies in its solid, middle-of-the-road metrics within its immediate area, suggesting a stable and established setting without extreme premiums. The assessed value positions it well against the broader city market. This property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood, or an investor looking for a straightforward rental property with modern building fundamentals. The unrenovated basement represents clear potential for future customization or added value.


Frequently Asked Questions

How does this home compare in size to others nearby?
At 1,493 sqft, the living area is very close to the average for both Eaglemere and the city overall. On its own street, it ranks slightly above the midpoint, meaning it's neither particularly large nor small for the area.

Is the assessed value a good indicator of the likely sale price?
The assessed value is a municipal tax valuation, not a market appraisal. It can be a useful benchmark, but sale prices are determined by current market conditions. Notably, this home's assessed value ranks higher city-wide than within its own neighbourhood, which may indicate relative value compared to older homes elsewhere in Winnipeg.

What does "above average" for the year built mean?
Built in 2001, the home is newer than about 83% of all comparable homes across Winnipeg. In Eaglemere specifically, it's close to the neighbourhood average age. This suggests more modern construction standards than a typical city home, but is fairly typical for this part of Eaglemere.

What are the implications of an unrenovated basement?
This indicates the lower level is functional but may require updating. It presents a blank canvas for finishing to suit a new owner's needs, but should be factored into renovation budgets and timelines. A professional inspection is recommended to assess its current condition and potential.

How stable is this area based on the data provided?
The home's metrics for size, lot, and value consistently fall in the 30th to 50th percentile range within Eaglemere and on its street. This consistency suggests a stable, established area without wild fluctuations in property profiles, which can be appealing for long-term predictability.