Property score
74.3
Good
Overall 74.3 · Newer than most nearby homes
1,193 sqft (bottom 35%) · Built in 2014 (42 yrs newer than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
42 yrs newer than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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74.3 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: #46111012
$85K
Median household income
$87K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
17%
Single-person households
23%
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
677 Silverstone Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 287 m), 1 parks (nearest 106 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 | Top 9% | Top 8% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This bi-level home at 677 Silverstone Avenue in Fort Richmond presents a compelling mix of modern build and established neighbourhood character. Its key appeal lies in being a relatively new construction (built in 2014) within a mature area, offering a balance of contemporary living without the premium of a brand-new subdivision. With 1,193 sqft of living space and a 6,471 sqft lot, the home sits comfortably around the average for its immediate street and area, but its assessed value ranks notably above average, suggesting favourable finishes, condition, or desirability factors.
The home features a detached garage and an unrenovated basement, presenting a clean canvas for future customization. Its standout characteristic is its age: it ranks in the top 4% of homes on its street and the top 1% in Fort Richmond for being newer, meaning major components like the roof, windows, and mechanical systems likely have considerable life left, a significant value point often overlooked. This property would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready home without the unpredictability of an older property, as well as pragmatic buyers who value modern infrastructure but prefer the settled greenery and community feel of an established neighbourhood like Fort Richmond.
Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home sold in July 2021 for an estimated range of $485,000 to $515,000. Its current assessed value is $448,000. It's important to consult a local real estate professional to understand current market conditions and how both figures might relate to today's listing price.
2. What does "basement, not renovated" imply?
The basement is finished but has not been updated. This is typically a positive, as it means the space is usable and insulated, but it allows the new owner to customize it to their taste and budget over time, without the immediate need to undo a recent but potentially dated renovation.
3. The living area is slightly below the neighbourhood average. Is that a concern?
At 1,193 sqft, it is modest but efficient for a bi-level. The trade-off is a newer home with potentially lower upkeep costs. For many buyers, the peace of mind from a newer build outweighs a marginal difference in square footage compared to much older, larger homes in the area.
4. Why is the assessed value ranked so much higher than the living area?
This discrepancy often highlights factors beyond raw square footage. The high ranking for assessed value likely reflects the home's newer age (2014), which positively influences valuation due to modern building codes, materials, and systems, along with its desirable lot size and specific location on the street.
5. What are the advantages of a detached garage?
A detached garage offers flexibility. It can reduce noise and fumes from entering the main house, provides clear separation for a workshop or hobby space, and may allow for easier future expansion or landscaping projects between the garage and the home.
