27 Silver Springs Bay

Eaglemere, Winnipeg

Property score

77.4

Good

Overall 77.4 · Compared with neighbourhood average

1,390 sqft (bottom 35%) · Built in 1997 (1 yr older than avg)

Located in a high-income area with median household income of ~113k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

8% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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

77.4 is composed by the two sections below.

Property Score

74.5Good
Living Area1,390 sqft71Good
Year Built199784Excellent
Lot Size5,537 sqft74Good
Neighbourhood Sales Activity80Good

Community Score

81.7Excellent
Household Income90Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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
1,390 sqft
0255075100
Same streetBottom 16%Same areaBottom 35%CitywideTop 36%
Same street · Silver Springs Bay
#42 / 50
Bottom 16% · Avg 1,597 sqft
Same area · Eaglemere
#279 / 430
Bottom 35% · Avg 1,512 sqft
Citywide · Winnipeg
#70,307 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
433k
0255075100
Same streetBottom 14%Same areaBottom 36%CitywideTop 31%
Same street · Silver Springs Bay
#43 / 50
Bottom 14% · Avg 476.7k
Same area · Eaglemere
#275 / 430
Bottom 36% · Avg 452.9k
Citywide · Winnipeg
#61,069 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
1997
0255075100
Same streetBottom 18%Same areaBottom 41%CitywideTop 19%

Lot Size

around average
5,537 sqft
0255075100
Same streetTop 44%Same areaTop 41%CitywideTop 42%

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

27 Silver Springs Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 131 m).

Search radius
🌳Parks2

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 10/2023CA$500k–550k
Sold price

Same street

Top 18%

Same area

Top 13%

City-wide

Top 14%

Related homes

Highlights & common questions: 27 Silver Springs Bay, Winnipeg

Property Overview

This 1,390 sqft cabover-style home, built in 1997, sits on a 5,537 sqft lot in Eaglemere’s Silver Springs Bay area. Its key features include a renovated basement and an attached garage. The home presents a practical, mid-sized family layout that has been maintained and updated over time.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as a solid, established home in a desirable neighbourhood. While its living space and assessed value rank below the immediate street average, they are competitive within the broader Eaglemere area and citywide. This suggests a potential value opportunity for a buyer comfortable with a home that is slightly more modest than its closest neighbours but well-placed in the wider community. The renovated basement adds functional living space, a significant plus.

It would suit first-time buyers or downsizers looking for a manageable footprint in a mature neighbourhood without the premium for a larger, newer home on the same street. The data indicates it’s a home for someone who values location and community over having the biggest house on the block, and who appreciates the move-in readiness afforded by recent updates like the basement renovation.


Frequently Asked Questions

How does this home compare in size to others nearby?
At 1,390 sqft, it is somewhat smaller than the average home on Silver Springs Bay (approx. 1,597 sqft), but is very close to the Eaglemere neighbourhood average and is actually above the citywide average for living space.

Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value is for tax purposes. The home last sold for $520,000 in October 2023, which is a more current market indicator. The assessed value being lower than recent sale prices in the area is not uncommon.

What does “below average” for the street but “around average” for the area mean?
It means Silver Springs Bay is a street of relatively larger, higher-value homes. This property is more modest within that specific group, but its specs align closely with the broader Eaglemere neighbourhood, making it typical for the community as a whole.

The home was built in 1997. What should I consider?
Homes of this age are likely to have seen updates, like the basement renovation mentioned. A buyer should prioritize inspections of major systems (roof, HVAC, windows) which may be nearing or have entered their typical replacement windows, to understand upcoming maintenance.

How does the lot size affect the property?
At just over 5,500 sqft, the lot is very average for both the street and the city. It provides standard outdoor space for a family home—enough for a patio and garden without extensive maintenance demands. It’s a balanced, manageable size.

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