Property score
66.0
Good
Overall 66.0 · Newer than most nearby homes
1,040 sqft (top 35%) · Built in 1957
Located in a high-income area with median household income of ~95k
Transit 74.0 · 5-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
2% 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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66.0 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
41 Silverwood Bay — 8 amenities found within 500 m, across 5 categories, including 4 dining (nearest 378 m), 1 education (nearest 228 m), 1 parks (nearest 114 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 25% | Top 21% | Bottom 47% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 16% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 8% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 41 Silverwood Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home at 41 Silverwood Bay in the Jameswood neighbourhood presents a straightforward, value-oriented opportunity. Built in 1957, it is one of the older homes on its street and in the immediate area, which can suggest a well-established streetscape and mature landscaping. With 1,040 sqft of living space and a detached garage, it sits around the average size for the area. Its assessed value is notably below average for the street and city, which often indicates a property ripe for updates or a chance to enter a neighbourhood at a relatively accessible price point.
The appeal lies in its generous 6,091 sqft lot, which is above average for Jameswood and city-wide, offering valuable outdoor space and potential. Its history shows steady price appreciation over recent sales. This property would best suit a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values land size over a modern, turn-key home and is prepared for the possibilities and responsibilities that come with an older house. It’s a canvas for someone looking to add value through renovations or who simply prioritizes space and location over a recently updated interior.
Section 2: Frequently Asked Questions
1. What does the below-average assessed value typically indicate?
A lower assessment compared to neighbours can signal that the home has not been recently renovated or assessed with major upgrades. It often translates to a more affordable purchase price and property taxes, but buyers should budget for potential updates.
2. How significant is it that this is one of the older homes on the street?
Being built in 1957 makes it a founding home of the area. This can mean charming character and a mature lot, but it also necessitates a thorough inspection for aging components like the roof, plumbing, wiring, and foundation to understand future maintenance needs.
3. What are the advantages of the above-average land area?
The lot size of over 6,000 sqft is a key asset. It provides ample yard space for gardening, recreation, or pets. In the long term, it also offers greater flexibility for potential expansions, like an addition or a large garage/workshop, subject to local zoning.
4. The sales history shows price increases. Is this trend reliable?
While the sold price ranges show appreciation between 2016 and 2022, this reflects broader market conditions and the property’s specific sales history. It is not a guarantee of future performance, but it does indicate the home has held market interest.
5. Who is the most likely buyer for this type of property?
This home is a practical match for value-driven buyers. This includes first-time buyers seeking an entry point into the neighbourhood, hands-on owners willing to renovate over time, or investors looking for a property with a strong land-to-value ratio and rental potential.
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