Property score
50.0
Fair
Overall 50.0 · Newer than most nearby homes
858 sqft (bottom 40%) · Built in 1979 (1 yr 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
4% smaller than neighborhood avg.
Year Built
Above average
1 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
4-954 Summerside Avenue — 45 amenities found within 500 m, across 9 categories, including 24 dining (nearest 57 m), 3 education (nearest 213 m), 4 healthcare (nearest 88 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 | Top 45% | Top 34% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4-954 Summerside Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, 858 sqft condo unit in a 1979-built complex on Summerside Avenue. Its key appeal lies in a combination of solid value and relative stability within its immediate area. While the living space is average for the street and neighbourhood, the property stands out for its above-average assessed value for Fort Richmond, ranking in the top 10%. This suggests the unit, likely due to its renovated basement and condition, is viewed favorably compared to its local peers. It’s also one of the older units on its specific street, which can imply a well-established, stable building.
The property would suit a pragmatic first-time buyer, an investor, or a downsizer looking for a low-maintenance home in a mature South Winnipeg neighbourhood. Its value proposition is strongest for someone focused on the Fort Richmond area specifically, where its metrics are most impressive. It’s less suited for someone prioritizing brand-new builds or maximum square footage for the price city-wide.
A less obvious perspective: The significant gap between its last sold price range (2019: $16.5k-$19.5k) and its current assessed value ($23.9k) warrants attention. This could indicate substantial improvements or a strong market shift for well-kept units in older complexes, but it’s a key point for due diligence.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value ranking mean?
It means that compared to similar properties in Fort Richmond, this unit’s official municipal assessed value is higher than 90% of them. This often reflects recent renovations (like the basement), desirable features, or superior condition for its age.
2. The unit was built in 1979. Should I be concerned about major repairs?
The building is 47 years old, so potential for significant common element repairs (like roofing, windows, plumbing) should be a key consideration. A review of the condo corporation’s reserve fund study and minutes is essential to understand the financial health and any planned special assessments.
3. How does the living area compare?
At 858 sqft, it is very typical for condos on Summerside Avenue and in Fort Richmond, but is below the city-wide average for comparable homes. The space is efficient rather than spacious.
4. Why is there only a price range for the last sale in 2019?
The provided sold price is estimated from public data. To obtain the exact sale price, you must request it directly from the listing service via the provided email button, as per local reporting rules.
5. Are the other units in the same building similar?
The listing shows four other units at the same address (e.g., 1-954, 2-954). They likely have similar layouts and specs, but factors like interior updates, floor level, and orientation will create differences in value and livability.
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