Property score
60.4
Fair
Overall 60.4 · Smaller and older than most nearby homes
948 sqft (bottom 9%) · Built in 1950 (22 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
Below average
33% smaller than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 65%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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60.4 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111011
$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
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
611 Silverstone Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 239 m), 1 parks (nearest 372 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 2% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 1% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 611 Silverstone Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Fort Richmond neighbourhood, built in 1950. With 948 sqft of living space, it is notably smaller than most comparable homes in the area, positioning it as a more affordable entry point. Its key characteristic is a substantial 6,471 sqft lot, which is above average city-wide and offers significant outdoor space or future potential relative to the home's footprint.
The primary appeal lies in its value proposition: a lower assessed value and historically lower sold prices compared to area averages suggest accessibility for budget-conscious buyers. It suits first-time homebuyers, downsizers seeking a manageable single-level layout, or investors looking for a land-value opportunity. The detached garage adds practical utility. A thoughtful perspective is that its older vintage (1950) on a large lot in an established area could appeal to those with a vision for renovation or expansion, seeing the existing structure as a foundation rather than a final product.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the area average?
The assessed value is influenced significantly by the home's smaller size and older age compared to neighbouring properties. The value is primarily in the land and the home's potential rather than in its current finished square footage.
2. What does the "below average" ranking for living area mean?
This statistical ranking indicates that this home's interior space is smaller than the majority of homes used for comparison on its street, in Fort Richmond, and across Winnipeg. It confirms the home is a compact, efficient layout.
3. Is the large lot size a benefit?
Yes. The lot is larger than most in the city and is average-to-above-average for the immediate area. This provides more private outdoor space, room for gardening, parking, or storage, and is a key asset that may not be reflected in the current home's price.
4. Who would this property not be suitable for?
It may not suit buyers who prioritize modern, move-in-ready homes with ample interior space or who have no interest in utilizing or maintaining a larger lot. Families requiring multiple bedrooms or larger common areas might find it too confined.
5. How reliable are the sold price ranges shown?
The ranges are based on publicly available data. For precise historical sale figures, you must request the exact sold price via email, as the listing service manually verifies and provides this detail to ensure accuracy.
