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
7B-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 19% | Bottom 14% | Bottom 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 6% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7B-932 Summerside Avenue
Section 1: Key Characteristics & Appeal
This is an 880 sqft condo in Fort Richmond, built in 1978. Its key appeal lies in its position as a straightforward, modestly-sized property that offers a practical entry point into the Winnipeg market. The data suggests it is consistently "around average" for its immediate street and neighbourhood in terms of size, value, and age, indicating a stable, no-surprises profile in a well-established area.
The property would suit first-time buyers or investors seeking an affordable, low-maintenance option. Its assessed value sits significantly below the city-wide average for comparable homes, which could signal an opportunity for value-conscious buyers, though it may also reflect the unit’s specific features or building condition. A thoughtful perspective is that this condo represents the "middle ground" of its local market—not the newest or largest, but also not an outlier, offering a sense of predictable stability. Its recent sale history shows it trades in a lower price bracket, reinforcing its role as an accessible option.
Section 2: Frequently Asked Questions
1. How does this condo’s value compare to others?
Its assessed value of $150K is below the city-wide average for similar properties. However, within the Fort Richmond neighbourhood and specifically on Summerside Avenue, it is ranked around average, suggesting it is priced in line with its immediate surroundings.
2. What does the "around average" ranking mean for living space?
With 880 sqft, the unit provides a fairly typical amount of space for both the street and the Fort Richmond area. It is not particularly spacious by city-wide standards, but it is not unusually small for this specific locale, fitting the profile of a compact, efficient home.
3. Who might this property not suit?
Buyers looking for a newer build, significant square footage, or a property that stands above local averages may want to look elsewhere. Its appeal is geared toward practicality and entry-level affordability rather than standout features.
4. The building was built in 1978. What should I consider?
While the building’s age is typical for the street, it is above average for the Fort Richmond neighbourhood. Prospective buyers should pay close attention to the condo corporation’s reserve fund study, maintenance history, and any recent or planned special assessments for major repairs (like roofing or plumbing).
5. Why are the exact sold prices not listed publicly?
The listed sale price ranges are derived from public data. To protect precise transaction details and ensure accuracy, the exact sale prices are provided directly by request. This is a common practice to maintain data integrity while remaining transparent about available information.
