60 Silver Springs Bay

Property Overview

This single-storey home at 60 Silver Springs Bay in Winnipeg's Eaglemere neighbourhood presents a balanced, move-in-ready opportunity. Built in 1998, its key appeal lies in its above-average land size of over 7,500 sqft—a notable feature that places it in the top 20% of lots on its street. The home itself, at 1,613 sqft with a renovated basement and attached garage, offers comfortable living space that is consistently "around average" for its immediate area but stands above the wider city average. This suggests a property that fits seamlessly into an established, desirable community rather than standing out as an outlier. A thoughtful perspective is that it offers the roominess and potential of a larger lot within a home of manageable scale, which can be a rare find. It last sold in May 2023 for $470,000, with a current assessed value of $490,000.

This home would suit practical buyers looking for a solid foundation in a mature neighbourhood. It’s ideal for those who value outdoor space and a quiet bay setting, possibly downsizers seeking single-level living without sacrificing yard size, or young families looking for a home with room to grow outdoors. Its renovated basement adds functional living space, appealing to those needing a rec room, home office, or guest suite.

Frequently Asked Questions

Q: How does this home compare to others in Eaglemere?
A: The data shows it is very representative of the area. Its living area and year built are squarely around the neighbourhood average, while its lot size and assessed value are above average for Eaglemere, indicating a premium parcel of land.

Q: What is the significance of the lot size?
A: At 7,539 sqft, the lot is a standout feature. It's significantly larger than many nearby properties, offering more privacy, space for gardening, play, or future additions like a deck or shed, which is a key long-term value driver.

Q: The home sold recently in 2023. What does that indicate?
A: The relatively recent sale provides a clear, modern benchmark for its market price. It suggests a property that has likely been well-maintained and is in a stable area with consistent buyer interest.

Q: Is a one-storey layout a good fit?
A: The single-level floor plan is a major benefit for accessibility and easy living, appealing to a wide range from young families to those planning for long-term aging in place. It also means all main living spaces are on one efficient level.

Q: How should I interpret the assessed value versus the last sale price?
A: The assessed value ($490k) is set by the municipality for tax purposes and is typically based on historical data. The more recent sale price ($470k in 2023) is often a more direct reflection of current market conditions. The close alignment suggests stable value.