824 Silverstone Avenue

Fort Richmond, Winnipeg

Property score

75.6

Good

Overall 75.6 · Older than most nearby homes

1,488 sqft (top 35%) · Built in 1965 (7 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 61%Chinese · 13%

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

75.6 is composed by the two sections below.

Property Score

69.2Good
Living Area1,488 sqft75Good
Year Built196546Low
Lot Size5,983 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

85.3Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111014

Community deep dive

$98K

Median household income

$110K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

25%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)605
Labour force participation rate64%
Median age40.8
Avg household size2.7
Unemployment rate7%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households25%
Couple families with children27%
Median household income (2020)$98K

Housing

Renter households11%
Condominium dwellings4%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority39%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Chinese · 13%

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

Rankings

Living Area

above average
1,488 sqft
0255075100
Same streetTop 17%Same areaTop 35%CitywideTop 31%
Same street · Silverstone Avenue
#8 / 48
Top 17% · Avg 1,235 sqft
Same area · Fort Richmond
#919 / 2,629
Top 35% · Avg 1,421 sqft
Citywide · Winnipeg
#60,763 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 29%Same areaTop 40%CitywideTop 32%
Same street · Silverstone Avenue
#14 / 48
Top 29% · Avg 399.8k
Same area · Fort Richmond
#1,058 / 2,629
Top 40% · Avg 435.7k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

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

Lot Size

around average
5,983 sqft
0255075100
Same streetBottom 12%Same areaBottom 18%CitywideTop 33%

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

824 Silverstone Avenue — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 245 m), 2 parks (nearest 380 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1
Worship2

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 10/2021CA$350k–400k
Sold price

Same street

Top 34%

Same area

Top 41%

City-wide

Top 34%
Sold 2/2017CA$350k–400k
Sold price

Same street

Bottom 44%

Same area

Bottom 32%

City-wide

Top 46%

Related homes

Highlights & common questions: 824 Silverstone Avenue, Winnipeg

Property Overview: 824 Silverstone Avenue, Fort Richmond

Key Characteristics & Appeal

This well-maintained one-storey home in Fort Richmond offers a practical and comfortable living space. Its key appeal lies in its balance of a renovated basement and above-average living area for its immediate neighborhood, providing more interior space than many homes on Silverstone Avenue. Built in 1965, the home sits on a standard city lot. The data suggests a property that has been kept competitive within its local market, with an assessed value that ranks above average for the street. It does not have a garage or pool.

This home would suit first-time buyers or downsizers looking for a manageable single-level layout in a established neighborhood. The renovated basement adds valuable flexible space for a family room, home office, or guests. It’s a pragmatic choice for a buyer who prioritizes move-in ready interior space over a large yard or newer construction, and who values being in a community where the home’s size and value sit comfortably above the local street average.


Frequently Asked Questions

1. How does the living space compare to the area?
At 1,488 sqft, the living area is notably larger than the average for Silverstone Avenue (1,235 sqft) and is competitive with averages across Fort Richmond and Winnipeg overall.

2. What is the significance of the assessed value ranking?
The assessed value ranks in the top 29% on its own street, meaning it is valued higher than most direct neighbors. This often indicates updates, desirable lot placement, or a favorable floor plan relative to nearby homes.

3. Is the lot size a drawback?
The land area is smaller than many lots in Fort Richmond. For some, this means less yard maintenance. For others, it could limit expansion plans or private outdoor space. It is, however, close to the city-wide average for lot size.

4. What can recent sold prices tell me?
Public data shows sold prices in 2017 and 2021. While these give a historical trend, the exact sold prices are withheld from public records. You can request the precise figures directly from the site to understand its specific market history.

5. The home was built in 1965. What should I consider?
While the basement has been renovated, a home of this age will have core systems (like plumbing, electrical, roof) that are likely original or have been updated at various times. A thorough inspection is advised to understand the condition and any upcoming maintenance typical for a home from this era.

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