629 Silverstone Avenue

Fort Richmond, Winnipeg

64.7

Fair

Overall 64.7

Smaller and older than most nearby homes

1,003 sqft (bottom 13%)

Built in 1952 (20 yrs older than avg)

Located in a high-income area

with median household income of ~97k

Transit 88.0

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

29% smaller than neighborhood avg.

Year Built

Below average

20 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

64.7 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,003 sqft52Fair
Year Built195236Low
Lot Size6,473 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

below average
1,003 sqft
0255075100
Same streetBottom 25%Same areaBottom 13%CitywideBottom 26%
Same street · Silverstone Avenue
#36 / 48
Bottom 25% · Avg 1,235 sqft
Same area · Fort Richmond
#2,286 / 2,629
Bottom 13% · Avg 1,421 sqft
Citywide · Winnipeg
#143,181 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 10%Same areaBottom 4%CitywideBottom 38%
Same street · Silverstone Avenue
#43 / 48
Bottom 10% · Avg 399.8k
Same area · Fort Richmond
#2,533 / 2,629
Bottom 4% · Avg 435.7k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1952
0255075100
Same streetBottom 17%Same areaBottom 2%CitywideBottom 30%

Lot Size

above average
6,473 sqft
0255075100
Same streetTop 15%Same areaBottom 37%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

629 Silverstone Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 195 m), 1 parks (nearest 244 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 4/2024CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 18%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 629 Silverstone Avenue, Winnipeg

Property Overview: 629 Silverstone Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a straightforward value proposition centered on its land and location. At just over 1,000 sqft of living space, the house itself is modest and below the average size for the area, reflecting its 1952 construction. However, it sits on a 6,473 sqft lot that is notably larger than many in the city and on its own street, offering a generous outdoor space that is increasingly rare. The home features a renovated basement and a detached garage.

Its primary appeal lies in its potential. The combination of a lower assessed value, a sizable lot, and the established Fort Richmond neighborhood makes it a candidate for buyers looking to enter the market with room to grow. It suits first-time buyers or investors comfortable with a home that may require updates, as well as those who prioritize private outdoor space over a large interior footprint. A thoughtful perspective is that while the house ranks below average in many metrics for its immediate area, its city-wide land ranking is strong, suggesting the lot itself is a standout asset that could underpin future value.


Frequently Asked Questions

1. Is the home in need of major updates?
Given its age (built in 1952) and that its living area is below neighbourhood averages, buyers should budget for potential updates. The basement has been renovated, but the main floor may reflect older layouts and finishes.

2. How does the lot size compare to nearby properties?
The lot is a key feature. At 6,473 sqft, it ranks in the top 15% on its street and the top 23% city-wide, meaning it is significantly larger than many comparable properties, offering excellent yard space.

3. What is the neighbourhood like?
Fort Richmond is an established, family-friendly community in Winnipeg, often valued for its proximity to the University of Manitoba, good schools, and amenities. This location offers the stability of a mature area.

4. Why is the assessed value relatively low?
The assessed value is below average for Fort Richmond. This typically reflects the home's smaller size, older age, and the fact that assessment values are not equivalent to market value. It can indicate a more accessible price point.

5. Where can I find the exact historical sale price?
The listed sale price is a range based on public data. The exact sold price is available by request via email from the listing source, which they provide manually without using your email for marketing.

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