45 Silverwood Bay

Jameswood, Winnipeg

Property score

65.4

Good

Overall 65.4 · 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)

Sold Count

203

Median price

341.5k

$/sqft

$321/sqft

Avg build year

1957

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Property score

65.4 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,040 sqft52Fair
Year Built195743Low
Lot Size5,580 sqft74Good
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

around average
1,040 sqft
0255075100
Same streetTop 44%Same areaTop 35%CitywideBottom 32%
Same street · Silverwood Bay
#7 / 16
Top 44% · Avg 1,099 sqft
Same area · Jameswood
#149 / 431
Top 35% · Avg 1,059 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
281k
0255075100
Same streetBottom 1%Same areaBottom 27%CitywideBottom 24%
Same street · Silverwood Bay
#16 / 16
Bottom 1% · Avg 325.8k
Same area · Jameswood
#313 / 431
Bottom 27% · Avg 305.3k
Citywide · Winnipeg
#147,081 / 194,458
Bottom 24% · Avg 390.1k

Year Built

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

Lot Size

around average
5,580 sqft
0255075100
Same streetBottom 19%Same areaTop 42%CitywideTop 41%

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

45 Silverwood Bay — 8 amenities found within 500 m, across 5 categories, including 4 dining (nearest 371 m), 1 education (nearest 212 m), 1 parks (nearest 122 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 9/2022CA$250k–300k
Sold price

Same street

Top 50%

Same area

Bottom 40%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 45 Silverwood Bay, Winnipeg

Property Overview & Key Characteristics

45 Silverwood Bay is a compact, one-storey home built in 1957, offering a straightforward living space of 1,040 sqft on a 5,580 sqft lot in Winnipeg's Jameswood neighbourhood. Its primary appeal lies in its position as an accessible, no-frills entry point into the market. The home's assessed value is notably below average for its immediate street and area, which can signal an opportunity for a value-conscious buyer or an investor. It suits a first-time homebuyer comfortable with a home that may require updates, or an investor looking for a rental property with a lower entry cost. A less obvious perspective is that its 1957 build date is among the oldest on the street, which could mean it retains more original character but also suggests that major systems may need attention or modernization.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is a municipal valuation for tax purposes, not market value. This particular assessment is below average for the street and area, which often reflects the home's specific condition, size, and features compared to nearby properties.

2. What does the living area ranking tell me about the home?
With 1,040 sqft, the living space is very close to the average for both Jameswood and the city overall. This indicates the home provides a typical amount of interior space for the area, neither unusually small nor large.

3. Is the older build year a concern?
Built in 1957, the home is among the older on its street. This isn't inherently negative but does mean a thorough inspection is crucial to understand the condition of the roof, foundation, plumbing, and electrical systems, which may be original or nearing the end of their lifespan.

4. How does the lot size compare?
At 5,580 sqft, the lot is slightly below average for Silverwood Bay but typical for Jameswood. It provides a standard suburban yard space—adequate for gardening and recreation, but not exceptionally large.

5. Where can I find the exact historical sale prices?
The listed sale price ranges are estimates from public data. The exact sale prices are provided manually by the listing service upon request via email, a process they state is free of marketing spam.

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