3B-932 Summerside Avenue

Fort Richmond, Winnipeg

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)

Sold Count

434

Median price

159.2k

$/sqft

$183/sqft

Avg build year

1980

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Property score

50.0 is composed by the two sections below.

Property Score

44.8Low
Living Area32
880 sqftLow
Year Built67
1978Good
Neighbourhood Sales Activity78
Good

Community Score

57.9Fair
Household Income60
Fair
Education Level72
Good
Housing Stress30
Low
Core Housing Need63
Fair
Employment Health42
Low

Neighbourhood Sales

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.

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: #46111019

Community deep dive

$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

Population, labour & age

Population (2021)1,244
Labour force participation rate65%
Median age25.0
Avg household size2.9
Unemployment rate21%
Population density3769 / km²

Households & income

Low income (LIM-AT, % pop.)37%
Single-person households20%
Couple families with children26%
Median household income (2020)$55K

Housing

Renter households71%
Condominium dwellings27%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)35%
Visible minority63%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Chinese · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
880 sqft
0255075100
Same streetTop 37%Same areaBottom 42%CitywideBottom 34%
Same street · Summerside Avenue
#23 / 62
Top 37% · Avg 857 sqft
Same area · Fort Richmond
#379 / 653
Bottom 42% · Avg 894 sqft
Citywide · Winnipeg
#17,791 / 26,841
Bottom 34% · Avg 1,042 sqft

Tax-Assessed Value

around average
161k
0255075100
Same streetBottom 37%Same areaTop 48%CitywideBottom 20%
Same street · Summerside Avenue
#39 / 62
Bottom 37% · Avg 191.3k
Same area · Fort Richmond
#313 / 653
Top 48% · Avg 174.7k
Citywide · Winnipeg
#21,545 / 26,841
Bottom 20% · Avg 256.1k

Year Built

above average
1978
0255075100
Same streetBottom 37%Same areaTop 25%CitywideBottom 34%

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

3B-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).

Search radius
🍽️Dining24
🏫Education3
🏥Healthcare4
🛒Shopping4
🌳Parks1
🏦Finance6
Worship1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 12/2021CA$150k–200k
Sold price

Same street

Bottom 45%

Same area

Top 47%

City-wide

Bottom 22%
Sold 2/2019CA$150k–200k
Sold price

Same street

Bottom 33%

Same area

Bottom 44%

City-wide

Bottom 18%

Related homes

Highlights & common questions: 3B-932 Summerside Avenue, Winnipeg

Property Overview & Key Characteristics

This 880 sqft condo at 3B-932 Summerside Avenue in Fort Richmond is a practical, mid-century unit built in 1978. Its appeal lies in its solid positioning as an average-to-above-average property within its immediate context. While its living area and assessed value are generally around the median for the street and neighborhood, it stands out in Fort Richmond for its year of build, ranking in the top 25%—meaning it’s slightly newer than many comparable local units. City-wide, its lower assessed value suggests it could represent a more accessible entry point into the Winnipeg market.

The unit would suit first-time buyers or investors looking for a straightforward, no-surprises property in a well-established area. It’s not a standout in size or luxury, but offers stability and relative value, particularly for someone whose focus is the specific neighborhood over maximum square footage. A thoughtful perspective is that its "average" metrics within a desirable area like Fort Richmond could indicate a lower-risk, steady investment, insulated from the volatility that sometimes affects more unique or extreme-valued properties.


Frequently Asked Questions

1. Is this condo a good value compared to others in Fort Richmond?
The data suggests it's competitively positioned. Its assessed value is near the neighborhood average, and it sold within typical price ranges in 2019 and 2021. Its slightly newer build date than many area comparables could be a subtle advantage.

2. What does the "Top 25%" ranking for Year Built in Fort Richmond mean?
This means this unit, built in 1978, is newer than approximately 75% of similar properties in Fort Richmond. For a neighborhood with many older buildings, this can imply potentially fewer immediate age-related updates compared to peers.

3. The city-wide assessed value ranking is "below average." Is that a concern?
This primarily reflects that assessed values in this specific area of Fort Richmond are generally lower than the city-wide average for all properties. Within its own neighborhood and street, its value is around the median, indicating it's priced appropriately for its location.

4. Who are the immediate neighbors?
The listing shows several other units within the same 932 Summerside Avenue complex (e.g., 1B-932, 2A-932). This indicates a multi-unit condo building, so prospective buyers should inquire about the condo corporation, bylaws, and reserve fund.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing provider offers to manually share this precise data via email upon request, at no cost and without marketing spam, typically by the end of the same business day.