Property score
66.4
Good
Overall 66.4 · Newer than most nearby homes
1,029 sqft (top 39%) · 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
Near average
3% smaller 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)
203
341.5k
$321/sqft
1957
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66.4 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110273
$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
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
2 Silverwood Bay — 8 amenities found within 500 m, across 5 categories, including 4 dining (nearest 253 m), 1 education (nearest 206 m), 1 parks (nearest 90 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Top 43% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 2 Silverwood Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jameswood neighbourhood presents a practical and straightforward opportunity. Built in 1957, its key characteristic is a well-sized, above-average lot of 6,501 sqft, offering more outdoor space than most homes on its street and in the wider area. The living area of 1,029 sqft is typical for the immediate locale. The home has a basement but it is not renovated, and there is no garage or pool.
Its appeal lies in its grounded, no-frills potential. For the right buyer, the value is in the land and the solid, mid-century bones of the house. It suits a hands-on buyer looking for a footprint to customize over time, or an investor seeking a rental property in a stable neighbourhood. A less obvious perspective is its age: while some may see a 69-year-old home as a concern, the data shows it is actually one of the newer homes on its street and in Jameswood, suggesting it sits in an established, mature area where newer construction is rare. This isn't a standout luxury property, but a balanced, average-valued home in its context, where the generous lot size is the standout feature for future enjoyment or expansion.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value (listed as $30.90k) is for municipal tax purposes. The actual market price is determined by recent sales, condition, and demand. The sold price history shows a range from $27.50k to $30.50k for a sale in late 2020, which provides a more relevant benchmark.
2. What does "basement, not renovated" typically mean?
This indicates the basement is unfinished or remains in its original state. It is usable space but will likely require updates for modern living standards. Buyers should budget for potential moisture-proofing, insulation, and finishing to fully utilize the area.
3. How does the lot size compare meaningfully?
The lot is notably larger than many. It ranks in the top 19% on its street and top 10% in Jameswood. This means more yard space for gardening, play, or additions compared to nearby properties, which is a significant advantage in a neighbourhood of older homes.
4. The home has no garage. Is that common here?
For a home of this era and style in Winnipeg, the absence of a garage is not uncommon. Buyers should plan for on-street parking or consider the cost and feasibility of adding a driveway and garage or carport in the future, taking advantage of the large lot.
5. Why is the year built considered "above average" or "Elite" locally?
While 1957 is not new citywide, this specific street and the Jameswood area contain many homes built even earlier. Therefore, this home is among the newer builds in its immediate peer group, which can suggest slightly more modern construction techniques or materials for the area.
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