Property score
50.0
Fair
Overall 50.0 · Newer than most nearby homes
880 sqft (bottom 42%) · Built in 1978 (2 yrs older than avg)
Located in a average-income area with median household income of ~55.2k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 24 dining spots, 3 schools, 4 healthcare facilitys, and 4 shops nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
2 yrs older than neighborhood avg.
Mother tongue
English · 45%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
434
159.2k
$183/sqft
1980
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50.0 is composed by the two sections below.
Property Score
Community Score
Fort Richmond
How to read: Share of sales in each ~$50k price band for “fort richmond” (Condos, 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: #46111019
$55K
Median household income
$60K
Average household income
37%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.7
P90 / P10 ratio
20%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
1B-932 Summerside Avenue — 44 amenities found within 500 m, across 8 categories, including 24 dining (nearest 175 m), 3 education (nearest 83 m), 4 healthcare (nearest 176 m).
Fort Richmond · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 22% | Bottom 11% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 10% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1B-932 Summerside Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This 880 sqft condominium, built in 1978, presents a practical and affordable entry point into the Fort Richmond neighbourhood. Its key appeal lies in its financial accessibility, underscored by a notably low assessed value that places it well below the Winnipeg city-wide average. This translates to predictable and manageable property taxes, a significant long-term benefit. The living space is competitively sized for the immediate area, offering comfortable functionality without premium square-footage costs.
The property suits first-time buyers or investors seeking a low-cost holding in a stable, university-adjacent community. Its value proposition is straightforward: it’s a cost-effective housing solution in a desirable location, prioritizing financial efficiency over luxury or modern finishes. A thoughtful perspective for a buyer is to see the below-average assessed value not just as a reflection of the unit’s age or condition, but as a structural advantage that insulates ownership costs, making the overall cost of living here potentially lower than in a newer, similarly-priced condo with a higher assessment.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is significantly below the city-wide average, which strongly suggests lower annual property taxes compared to many other condos. It indicates this is a financially efficient choice, though it may also reflect the building’s age or typical unit features for this complex.
2. How does the living space compare to other condos?
At 880 sqft, it is slightly above average for similar units on Summerside Avenue and typical for the Fort Richmond area. It provides a practical amount of space without commanding a premium for extra square footage.
3. The building was built in 1978. What should I consider?
While the building is older, its construction date is actually above average for the Fort Richmond neighbourhood itself. This suggests the surrounding community is well-established. Essential due diligence should focus on the condo corporation’s reserve fund study, recent special assessments, and the condition of major building systems (roof, windows, plumbing) to understand future financial obligations.
4. Who are the most likely neighbours?
Given the proximity to the University of Manitoba, Fort Richmond often has a mix of students, academic staff, and long-term residents. The multi-unit nature of 932 Summerside Avenue means your immediate neighbours will be other condo owners or tenants.
5. The sold price history shows ranges. How can I get the exact figures?
The exact sale prices are not publicly listed in detail. As noted on the detail page, you can request this information directly via email from the source, SaveOnHouse, which provides the data manually without using your email for unsolicited marketing.
