607 Silverstone Avenue

Fort Richmond, Winnipeg

Property score

71.7

Good

Overall 71.7 · Older than most nearby homes

1,240 sqft (bottom 45%) · Built in 1966 (6 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 65%Chinese · 12%

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

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

71.7 is composed by the two sections below.

Property Score

66.0Good
Living Area1,240 sqft66Good
Year Built196652Fair
Lot Size6,471 sqft81Excellent
Neighbourhood Sales Activity78Good

Community Score

80.2Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Fort Richmond

How to read: Share of sales in each ~$50k price band for “fort richmond” (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: #46111011

Community deep dive

$97K

Median household income

$122K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

21%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate59%
Median age38.8
Avg household size2.7
Unemployment rate8%
Population density2304 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households21%
Couple families with children18%
Median household income (2020)$97K

Housing

Renter households29%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority32%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Chinese · 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
1,240 sqft
0255075100
Same streetTop 33%Same areaBottom 45%CitywideTop 46%
Same street · Silverstone Avenue
#16 / 48
Top 33% · Avg 1,235 sqft
Same area · Fort Richmond
#1,451 / 2,629
Bottom 45% · Avg 1,421 sqft
Citywide · Winnipeg
#90,269 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetTop 35%Same areaBottom 45%CitywideTop 36%
Same street · Silverstone Avenue
#17 / 48
Top 35% · Avg 399.8k
Same area · Fort Richmond
#1,436 / 2,629
Bottom 45% · Avg 435.7k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 33%Same areaBottom 24%CitywideBottom 48%

Lot Size

above average
6,471 sqft
0255075100
Same streetTop 50%Same areaBottom 35%CitywideTop 23%

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

607 Silverstone Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 258 m), 1 parks (nearest 401 m).

Search radius
🏫Education1
🌳Parks1
Worship1

Crime & Safety

Fort Richmond · WPS public data · 2026

Annual incidents

38

2026

vs. city avg

+29%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

55%

Sales History

Sold 6/2021CA$350k–400k
Sold price

Same street

Top 34%

Same area

Top 41%

City-wide

Top 34%

Related homes

Highlights & common questions: 607 Silverstone Avenue, Winnipeg

Property Summary: 607 Silverstone Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond offers solid, move-in-ready fundamentals. Its key characteristic is balance: with 1,240 sqft of living space, a renovated basement, and a 6,471 sqft lot, it sits consistently around or above average for its immediate street and neighborhood in most metrics. The renovated basement adds functional living space, while the detached garage and generous lot size provide practical utility and outdoor potential.

The appeal lies in its established, no-surprises profile within a mature community. For a home built in 1966, its assessed value is competitive, positioning it as a practical entry into the market. It would suit first-time buyers or downsizers seeking a manageable single-level layout without a major renovation project. A thoughtful perspective is that while the home isn't a standout in any single category city-wide, its strength is its consistency—it avoids the extremes of being the smallest, oldest, or most expensive on the block, offering stability and predictability in a desirable area.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
The data shows it is very representative of Silverstone Avenue. Its living area, assessed value, year built, and lot size all rank solidly in the middle of the 48 comparable properties on the same street, indicating it's a typical home for the area.

2. What is the likely price range based on recent sales?
A nearby, very similar property at 609 Silverstone Avenue sold in June 2021 for between $375,000 and $405,000. This provides a relevant benchmark, though market conditions have likely evolved since.

3. Is the lot size a advantage?
Yes. While average for the street and neighborhood, the lot size of 6,471 sqft ranks in the top 23% city-wide. This means you get more outdoor space than most Winnipeg homes, which is a valuable and less replaceable asset than interior square footage.

4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand the finish quality, layout, and if it includes a legal secondary suite or additional bedrooms.

5. Are there any obvious red flags from the public data?
The public data doesn't show major red flags, but two points for due diligence are: the home's age (60 years) means attention should be paid to core systems like plumbing, electrical, and the roof; and its assessed value is slightly above the neighborhood average, so verifying current market value through a professional appraisal is recommended.

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