745 Silverstone Avenue

Fort Richmond, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger but older than most nearby homes

1,722 sqft (top 22%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 55%Chinese · 9%

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

77.3 is composed by the two sections below.

Property Score

75.8Good
Living Area86
1,722 sqftExcellent
Year Built46
1965Low
Lot Size74
5,938 sqftGood
Neighbourhood Sales Activity78
Good

Community Score

79.6Good
Household Income79
Good
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health60
Fair

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: #46111012

Community deep dive

$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

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,722 sqft
0255075100
Same streetTop 6%Same areaTop 22%CitywideTop 20%
Same street · Silverstone Avenue
#3 / 48
Top 6% · Avg 1,235 sqft
Same area · Fort Richmond
#566 / 2,629
Top 22% · Avg 1,421 sqft
Citywide · Winnipeg
#39,025 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
396k
0255075100
Same streetTop 46%Same areaBottom 35%CitywideTop 39%
Same street · Silverstone Avenue
#22 / 48
Top 46% · Avg 399.8k
Same area · Fort Richmond
#1,708 / 2,629
Bottom 35% · Avg 435.7k
Citywide · Winnipeg
#76,517 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 35%Same areaBottom 20%CitywideBottom 47%

Lot Size

around average
5,938 sqft
0255075100
Same streetBottom 2%Same areaBottom 18%CitywideTop 34%

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

745 Silverstone Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 276 m).

Search radius
🌳Parks1

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 12/2023CA$400k–450k
Sold price

Same street

Top 19%

Same area

Top 29%

City-wide

Top 29%
Sold 9/2016CA$350k–400k
Sold price

Same street

Top 47%

Same area

Bottom 42%

City-wide

Top 42%

Related homes

Highlights & common questions: 745 Silverstone Avenue, Winnipeg

Property Overview: 745 Silverstone Avenue, Fort Richmond

Key Characteristics & Appeal

This four-level split home at 745 Silverstone Avenue is a well-positioned property in Winnipeg's Fort Richmond neighbourhood. Its primary appeal lies in its generous living space. At 1,722 sqft, the home offers significantly more interior room than most comparable properties on its street, in the area, and across the city. This is complemented by a renovated basement, adding to its functional living area. The home sits on a standard city lot and features a detached garage. Built in 1965, it is a mature property that has been maintained, with an assessed value that is consistent with local averages.

The property would suit buyers looking for above-average interior space without a premium price tag, as the assessed value remains in line with the neighbourhood. It’s a practical choice for families or those who value distinct living zones afforded by the split-level layout. A thoughtful perspective for potential buyers is to consider the balance it strikes: you acquire a home that outperforms its peers in living area, while its value and lot size don’t command an outlier’s premium, suggesting a sensible, grounded investment in an established community.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
This home’s living area of 1,722 sqft is notably larger than average. It ranks in the top 6% on its own street and the top 22% within Fort Richmond, meaning it offers more interior space than the vast majority of similar local properties.

2. Is the assessed value high for the area?
No, the assessed value is around the local average. While the living space is above average, the assessment aligns with typical values for Fort Richmond, suggesting the property is not priced at a premium based on its size alone.

3. What should I know about the lot size?
The lot is 5,938 sqft, which is slightly below the average for Fort Richmond. This is a typical city lot, but buyers seeking extensive outdoor space for large gardens or additions should note it is not an oversized parcel.

4. The home was built in 1965. What does that imply?
As a home from the mid-1960s, buyers should anticipate the potential for updates to major aging components like roofing, windows, or plumbing. However, the renovated basement indicates some modernization has already been undertaken.

5. How have the property’s past sale prices trended?
Available data shows sales in 2016 and 2023. The 2023 sale price range reflected a value in the top 29% city-wide, indicating strong market performance at that time. For exact historical sold prices, you can request the information directly via the listing page.