Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Summerside Avenue): Around Average. Ranked #29 out of 62 (Top 47%). The street average for comparable homes is 857 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #393 out of 653 (Bottom 40%). The neighborhood average for comparable homes is 894 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #18,524 out of 26,841 (Bottom 31%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Summerside Avenue): Below Average. Ranked #32 out of 62 (Bottom 48%). The street average for comparable homes is 197.9k.
Neighborhood Level (Fort Richmond): Around Average. Ranked #144 out of 653 (Top 22%). The neighborhood average for comparable homes is 185.3k.
Citywide Level (Winnipeg): Below Average. Ranked #16,171 out of 26,841 (Bottom 40%). The citywide average for comparable homes is 276.9k.
Street Level (Summerside Avenue): Above Average. Ranked #1 out of 62 (Top 2%). The street average for comparable homes is 1979.
Neighborhood Level (Fort Richmond): Above Average. Ranked #98 out of 653 (Top 15%). The neighborhood average for comparable homes is 1980.
Citywide Level (Winnipeg): Below Average. Ranked #16,875 out of 26,841 (Bottom 37%). The citywide average for comparable homes is 1990.
Fort Richmond market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
4-957 Summerside Avenue — 49 amenities found within 500 m, across 9 categories, including 28 dining (nearest 96 m), 3 education (nearest 190 m), 4 healthcare (nearest 71 m).
Crime & safety
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 4-957 Summerside Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This condominium at 4-957 Summerside Avenue is a practical and well-situated property in Winnipeg's Fort Richmond neighbourhood. Its key appeal lies in its balance of space, value, and location. With 858 square feet of living area, it offers a comfortable footprint that is squarely average for its immediate street and area, providing ample room without the premium of a larger unit.
The property’s standout characteristic is its assessed value positioning. While average city-wide, it ranks in the top 13% within Fort Richmond, suggesting it represents strong value for this specific, desirable neighbourhood. This could indicate either a favourable assessment or a unit that offers more for the money compared to local peers. The home also features a renovated basement, adding functional living space.
Built in 1979, the building itself is among the oldest on its street, which may appeal to buyers seeking a well-established, mature complex with potentially larger room proportions than newer builds. The most recent sale data shows activity in April 2024.
This property would best suit a first-time homebuyer, a downsizer, or an investor looking for a straightforward, move-in-ready condo in a central Winnipeg neighbourhood. It’s for someone who prioritizes neighbourhood value and functional space over modern building amenities or brand-new construction.
Section 2: Frequently Asked Questions
1. What does the "Top 13%" assessed value ranking for Fort Richmond actually mean?
It means this unit’s assessed value is higher than 87% of comparable properties in the Fort Richmond area. In this context, a higher assessment relative to peers can often signal a property that is either updated, better maintained, or in a more favourable position within the community, which is a positive indicator of its standing in the local market.
2. The building was built in 1979. Should I be concerned about maintenance fees or major repairs?
As one of the older buildings on the street, a thorough review of the condominium corporation’s reserve fund study, meeting minutes, and current financials is essential. While older buildings can have higher upkeep costs, a well-managed corporation with a healthy reserve fund mitigates this risk. The renovated basement is a positive sign of ongoing updates.
3. How does the living space compare to a typical home?
At 858 sqft, the living area is very typical for condos in Fort Richmond and on Summerside Avenue itself. It is, however, noticeably smaller than the city-wide average for all home types (1,042 sqft), which includes many detached houses. This is expected for a condo and highlights its efficiency.
4. The nearby reference property at 950 Summerside has a much higher assessed value. Why?
The listed reference property (950 Summerside) is a different building, built later (1987), is slightly larger (912 sqft), and has a significantly higher assessed value ($39.5k). This underscores how factors like building age, condition, specific location, and unit features can cause substantial value differences even within the same neighbourhood.
5. How current is the price and sale information?
The provided sold price range is based on public data from a sale in April 2024. For the exact, verified sold price and a complete history, you must request it directly via the provided email service. This is a standard practice to ensure data accuracy and privacy compliance.