47 Silver Springs Bay

Eaglemere, Winnipeg

Property score

77.6

Good

Overall 77.6 · Compared with neighbourhood average

1,484 sqft (bottom 48%) · Built in 1998

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 3 parks, and 1 bank/ATM nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Near average

0 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

77.6 is composed by the two sections below.

Property Score

74.8Good
Living Area1,484 sqft75Good
Year Built199884Excellent
Lot Size4,821 sqft60Fair
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
1,484 sqft
0255075100
Same streetBottom 40%Same areaBottom 48%CitywideTop 32%
Same street · Silver Springs Bay
#30 / 50
Bottom 40% · Avg 1,597 sqft
Same area · Eaglemere
#222 / 430
Bottom 48% · Avg 1,512 sqft
Citywide · Winnipeg
#61,266 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetTop 48%Same areaTop 33%CitywideTop 26%
Same street · Silver Springs Bay
#24 / 50
Top 48% · Avg 476.7k
Same area · Eaglemere
#141 / 430
Top 33% · Avg 452.9k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1998
0255075100
Same streetTop 44%Same areaBottom 47%CitywideTop 18%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 38%Same areaBottom 35%CitywideBottom 40%

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

47 Silver Springs Bay — 5 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 479 m), 3 parks (nearest 91 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 9/2024CA$450k–500k
Sold price

Same street

Top 36%

Same area

Top 20%

City-wide

Top 16%

Related homes

Highlights & common questions: 47 Silver Springs Bay, Winnipeg

Property Overview

This well-maintained bungalow at 47 Silver Springs Bay in Eaglemere presents a practical and comfortable living option. Built in 1998, its key characteristics are its renovated basement and attached garage. The home’s appeal lies in its solid, move-in-ready condition within a mature, established neighbourhood. Its living space (1,484 sqft) and lot size (4,821 sqft) are comfortably in the average range for the immediate area, meaning it fits right in without feeling cramped or excessive. The recent sale price suggests it was positioned as a fair market value proposition.

This property would suit first-time buyers or downsizers looking for a manageable single-storey layout without a major renovation project. It’s also a sensible fit for value-conscious buyers who prioritize a modernized basement and a stable, established community over having the newest or largest home on the block. A less obvious perspective is that its "average" metrics across the board can be a strength, offering predictability in terms of utility costs, property taxes, and future resale appeal to a broad segment of the market.


Frequently Asked Questions

What is the neighbourhood like?
Eaglemere is a mature, established neighbourhood in Winnipeg. The property’s rankings show it is very typical for the area in terms of size, age, and value, indicating a consistent, stable community character.

Is the basement finished, and what was included in the renovation?
Yes, the basement is renovated. Specific details on the scope and quality of the renovation should be verified with the listing agent or through a viewing, as this can significantly impact the home’s functionality and value.

How does the lot size compare to others?
At 4,821 sqft, the lot is slightly smaller than the average for both Silver Springs Bay and the wider Eaglemere area. This may mean less yard maintenance but also slightly less private outdoor space than some neighbouring properties.

Are property taxes available for review?
The assessed value is provided ($46.60k), but the actual annual property tax amount should be confirmed directly with the City of Winnipeg or the listing documentation, as taxes are based on the mill rate applied to this assessment.

What does the sale history indicate?
The home sold in September 2024. The sale price can be used as a recent, concrete benchmark for the home’s market value at that time, which is helpful for understanding current area pricing.

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