Property score
74.0
Good
Overall 74.0 · Older than most nearby homes
1,482 sqft (top 36%) · 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 school, 1 park, and 2 place of worships nearby
Living Area
Near average
4% 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)
1,068
445k
$351/sqft
1972
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74.0 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
781 Silverstone Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 455 m), 1 parks (nearest 407 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 47% | Bottom 32% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 781 Silverstone Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 1965-built, four-level split home in Fort Richmond offers a practical layout with 1,482 sqft of living space and a renovated basement. Its key appeal lies in its value proposition and lot size. While the home's assessed value is below average for its immediate street and neighbourhood, it provides above-average interior space for the area and a land parcel of 6,047 sqft that is generous by city-wide standards. This creates an opportunity for buyers comfortable with a home from the 1960s to acquire more space and land for their budget.
The property would suit first-time buyers or value-focused purchasers looking for a functional family home in a established neighbourhood. It's particularly suited for those who prioritize indoor and outdoor space over a premium finish or a newer build, and for buyers who see potential in the sizable lot for gardening, play, or future expansion.
Frequently Asked Questions
1. Why is the assessed value ranked so low compared to nearby homes?
The home’s assessed value is in the bottom 15% on its own street. This typically reflects the home’s condition, specific features, or updates relative to its neighbours, and can indicate a more affordable entry point into the area.
2. What does "renovated basement" imply?
While the listing confirms the basement is renovated, the extent and quality of the renovation are not detailed. Buyers should inquire about the scope of work, when it was completed, and whether any permits were obtained.
3. How does the lack of a garage affect daily living and value?
The home has no garage, which is a consideration for vehicle storage, workshop space, and winter weather. This is a common feature in older neighbourhoods and is factored into the pricing, but buyers should plan for alternative parking and storage solutions.
4. The home sold recently in August 2024. What should I know?
The property has had a very recent change in ownership. It’s important to understand the seller’s motivation for listing again so quickly, and to investigate whether any significant work was done (or issues discovered) during that brief period.
5. How does the four-level split layout function for daily life?
Four-level splits offer good separation of living and sleeping areas, but involve multiple staircases. This layout is excellent for families seeking defined zones but may be less ideal for those with mobility concerns or a preference for single-level living.
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