635 Silverstone Avenue

Fort Richmond, Winnipeg

Property score

67.6

Good

Overall 67.6 · Older than most nearby homes

1,176 sqft (bottom 33%) · Built in 1952 (20 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

17% 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

67.6 is composed by the two sections below.

Property Score

59.2Fair
Living Area1,176 sqft60Fair
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

around average
1,176 sqft
0255075100
Same streetBottom 46%Same areaBottom 33%CitywideBottom 48%
Same street · Silverstone Avenue
#26 / 48
Bottom 46% · Avg 1,235 sqft
Same area · Fort Richmond
#1,768 / 2,629
Bottom 33% · Avg 1,421 sqft
Citywide · Winnipeg
#101,971 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
376k
0255075100
Same streetBottom 35%Same areaBottom 19%CitywideTop 45%
Same street · Silverstone Avenue
#31 / 48
Bottom 35% · Avg 399.8k
Same area · Fort Richmond
#2,126 / 2,629
Bottom 19% · Avg 435.7k
Citywide · Winnipeg
#87,643 / 194,458
Top 45% · 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

635 Silverstone Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 200 m), 1 parks (nearest 203 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 10/2020CA$300k–350k
Sold price

Same street

Bottom 37%

Same area

Bottom 26%

City-wide

Top 49%
Sold 1/2017CA$300k–350k
Sold price

Same street

Bottom 19%

Same area

Bottom 9%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 635 Silverstone Avenue, Winnipeg

Property Overview: 635 Silverstone Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a practical opportunity with a few distinct advantages. Its key characteristic is a generous 6,473 sqft lot, which is notably larger than many comparable properties both on its street and city-wide. This offers valuable outdoor space and potential. The home itself, built in 1952, is older than most in the immediate area but features a renovated basement, adding functional living space to the 1,176 sqft footprint.

The appeal lies in its grounded value proposition. It’s a home that sits around average for living area and assessed value in broader comparisons, suggesting a market-aligned price, but it stands out for its land size. This combination suits buyers looking for a solid entry point into the neighbourhood or those who prioritize yard space over a newer build. It would particularly suit a first-time buyer, a downsizer seeking single-level living, or a pragmatic investor who sees value in the lot size and the updated basement, understanding that an older home may come with maintenance considerations.

A less obvious perspective is that its older vintage, while requiring due diligence, often comes with mature landscaping and established community character that newer subdivisions lack. Its "around average" metrics across many categories indicate a property less likely to be subject to bidding frenzies, offering a more measured purchasing process.

Section 2: Frequently Asked Questions

1. Is the lot size a major advantage?
Yes. The land area is in the top 15% on Silverstone Avenue and the top 23% city-wide, making it a significant feature for gardening, expansion, or simply enjoying more private outdoor space than is typical.

2. How does the age of the home affect its value?
Built in 1952, it is older than most homes in Fort Richmond. This means potential buyers should budget for age-related maintenance. However, this is balanced by the renovated basement and the fact that its assessed value remains competitive in wider city comparisons.

3. What does "around average" for living space mean?
With 1,176 sqft, the home provides typical space for a one-storey design in Winnipeg. It’s not exceptionally large or small, making it a functional layout for a small family, couple, or individual, especially with the additional renovated basement area.

4. Why is the assessed value higher in the neighbourhood ranking?
The data shows the assessed value is below average for Fort Richmond specifically. This can sometimes reflect the older age of the home compared to the neighbourhood average, or different assessment models. It’s important to evaluate the listing price against recent sales of similar properties, not just assessment values.

5. Is there a garage or pool?
No, the property does not include a garage or a swimming pool. The ample lot does provide room for potential future garage construction, subject to local bylaws and permits.

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