15 Silverwood Bay

Jameswood, Winnipeg

Property score

71.6

Good

Overall 71.6 · Larger and newer than most nearby homes

1,324 sqft (top 2%) · Built in 1957

Located in a high-income area with median household income of ~95k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 1 park, and 1 fuel station nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 5%

Past 10 years Jameswood sales snapshot (~80% of all data)

Sold Count

203

Median price

341.5k

$/sqft

$321/sqft

Avg build year

1957

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Property score

71.6 is composed by the two sections below.

Property Score

64.7Fair
Living Area1,324 sqft71Good
Year Built195743Low
Lot Size5,400 sqft67Good
Neighbourhood Sales Activity69Good

Community Score

82.0Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health96Excellent

Neighbourhood Sales

Jameswood

How to read: Share of sales in each ~$50k price band for “jameswood” (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: #46110273

Community deep dive

$95K

Median household income

$106K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

32%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)553
Labour force participation rate78%
Median age40.0
Avg household size2.4
Unemployment rate2%
Population density2212 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households32%
Couple families with children28%
Median household income (2020)$95K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority27%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

Elite
1,324 sqft
0255075100
Same streetTop 13%Same areaTop 2%CitywideTop 40%
Same street · Silverwood Bay
#2 / 16
Top 13% · Avg 1,099 sqft
Same area · Jameswood
#7 / 431
Top 2% · Avg 1,059 sqft
Citywide · Winnipeg
#77,867 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

Elite
384k
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 43%
Same street · Silverwood Bay
#1 / 16
Top 6% · Avg 325.8k
Same area · Jameswood
#10 / 431
Top 2% · Avg 305.3k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 6%Same areaTop 2%CitywideBottom 37%

Lot Size

around average
5,400 sqft
0255075100
Same streetBottom 12%Same areaTop 47%CitywideTop 46%

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

15 Silverwood Bay — 8 amenities found within 500 m, across 5 categories, including 4 dining (nearest 292 m), 1 education (nearest 155 m), 1 parks (nearest 79 m).

Search radius
🍽️Dining4
🏫Education1
🌳Parks1
Fuel Stations1
Worship1

Crime & Safety

Jameswood · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

100%

Sales History

Sold 7/2021CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 10%

City-wide

Top 44%
Sold 7/2016CA$300k–350k
Sold price

Same street

Top 17%

Same area

Top 14%

City-wide

Top 48%

Related homes

Highlights & common questions: 15 Silverwood Bay, Winnipeg

Property Overview

This two-storey home at 15 Silverwood Bay in Winnipeg's Jameswood neighbourhood presents a compelling blend of established character and modern updates. Its key appeal lies in its above-average living space and a recently renovated basement, set within a mature and sought-after community. The home is well-suited for buyers looking for a move-in ready property with room to grow, who value the stability and greenery of an established area over a brand-new subdivision.

Key Characteristics & Ideal Buyer

The home offers 1,324 sqft of living space, which is notably larger than most comparable homes on its street and in Jameswood, placing it in the top tier locally. Its renovated basement adds significant functional space. Built in 1957, it is actually among the newer homes on its block. While the lot size is slightly below average for Silverwood Bay, it is typical for the wider Jameswood area. The property’s assessed value consistently ranks in the elite tier for the neighbourhood, indicating its perceived quality and desirability within this specific market.

This property would best suit practical upgraders—perhaps a growing family or professional couple—who need more space than a starter home offers but aren’t looking for a massive yard to maintain. Its strong rankings suggest it's a premium offering within Jameswood, ideal for someone who prioritizes interior space and updates in a well-regarded, established neighbourhood. A less obvious perspective is that its consistent high ranking in assessed value, even with a smaller lot, underscores that the home’s improvements and living area are the primary drivers of its worth here.


Frequently Asked Questions

1. How does this home’s value compare to others in Winnipeg?
City-wide, the home’s assessed value and living area are around the Winnipeg average. Its premium is truly localized; it stands out significantly within the Jameswood neighbourhood and on its own street, where it consistently ranks in the top 6-13% for size and value.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, the inclusion of a bathroom or kitchenette, and whether it is developed as a living space, recreational room, or suite.

3. Is the detached garage a standard size?
The listing notes a detached garage but does not provide dimensions. Given the lot size is slightly below average for the street, the garage footprint may be compact. Verifying its size and condition is recommended.

4. The home sold in 2016 and 2021. What does that indicate?
The two sales in a five-year period could indicate a successful flip or a series of upgrades by a homeowner. The sold price ranges show steady appreciation, which is a positive sign for the home’s marketability and the area’s stability.

5. Are there any concerns with a home built in 1957?
While the age is typical for the area, and the home is among the newer on its street, a buyer’s inspection should focus on the condition of major aging components common to that era, such as the roof, plumbing, electrical systems, and the foundation, alongside the quality of the more recent basement renovation.

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