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 sports facility 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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65.4 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
49 Silverwood Bay — 9 amenities found within 500 m, across 6 categories, including 4 dining (nearest 359 m), 1 education (nearest 200 m), 1 parks (nearest 132 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 | Bottom 8% | Bottom 13% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 49 Silverwood Bay, Winnipeg
Key Characteristics & Appeal
This is a classic, one-storey home built in 1957, situated on a standard residential lot in the Jameswood neighbourhood. With 1,040 sqft of living space, it offers a practical footprint that is very typical for its immediate street and area, making it a straightforward and familiar layout for many buyers. A detached garage adds functional storage or parking.
The primary appeal lies in its value proposition and established character. The home’s assessed value is notably below average for its street and area, which can present an accessible entry point into the neighbourhood. Its 1957 build date is actually among the oldest on the block, suggesting a well-rooted presence and potential for vintage charm, though this also implies a need for diligent maintenance and updates. It would suit a first-time buyer, an investor, or a downsizer looking for a no-frills, single-level home in a mature area without a premium price tag. The data indicates you are paying primarily for location and land, with the house itself representing a functional canvas.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Based on assessed value, it ranks near the bottom (15th out of 16) on Silverwood Bay, meaning its official valuation is lower than most neighbours. This can indicate a better purchase price opportunity, but it may also reflect the home’s condition, size, or specific features relative to others.
2. What does the sold price history tell us?
The home sold in July 2019 for an estimated range of $215k-$245k. To understand current value, this should be compared to recent sales of similar homes in Jameswood, as the market has changed significantly since then.
3. Are there any concerns with a 1957 build?
While the home is structurally sound, its age places it in the top 2% oldest in Jameswood. Prospective buyers should budget for and inspect age-related systems like plumbing, electrical, roofing, and insulation, which may need updating or pose higher maintenance costs.
4. How does the lot size compare?
At 5,599 sqft, the lot is slightly below average for the street but typical for the Jameswood area. It provides a standard backyard space for a mature neighbourhood—sufficient for gardening and recreation but not exceptionally large.
5. Why is the city-wide assessed value comparison so different?
The city-wide benchmark average shown (~$390k) includes all property types and sizes across Winnipeg. The more relevant comparisons are the "Same street" and "Same area" metrics, which show this home assessed around $28k-$32k, confirming its position as a lower-valued property within its specific local context.
