Property score
46.9
Below average
Overall 46.9 · Smaller but newer than most nearby homes
703 sqft (bottom 1%) · Built in 1986 (14 yrs newer than avg)
Located in a average-income area with median household income of ~55.2k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 25 dining spots, 3 schools, 4 healthcare facilitys, and 4 shops nearby
Living Area
Below average
51% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 45%Chinese · 12%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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46.9 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” (Detached houses (non-condo), 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 land area, larger = better rank
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
940 Summerside Avenue — 46 amenities found within 500 m, across 9 categories, including 25 dining (nearest 135 m), 3 education (nearest 124 m), 4 healthcare (nearest 141 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%
940 Summerside Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 940 Summerside Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 940 Summerside Avenue is a compact, efficiently designed property built in 1986. Its key characteristic is its modest scale, with a living area of 703 sqft, which is notably smaller than most homes in Fort Richmond and across Winnipeg. This is balanced by a renovated basement and a detached garage. The lot size is also smaller than area norms but is in line with others on the street.
The appeal lies in its practicality and position as an accessible entry point into the established Fort Richmond neighbourhood. For its area, it is a newer build (ranking in the top 3% locally for year built), suggesting potentially fewer major age-related concerns than older area homes. The recently renovated basement adds functional living space. Its assessed value is modest compared to the neighbourhood, yet average city-wide, indicating a relatively affordable option in a desirable context.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking a lower-maintenance footprint. It’s for those who prioritize location and a modernized foundation over square footage, and who see the value in a home that is newer than most in its immediate community. It represents a chance to secure a home in a well-regarded area without the premium typically attached to larger lots and houses.
Section 2: Frequently Asked Questions (FAQs)
1. Is the living space too small?
At 703 sqft above grade, the living area is compact. The renovated basement provides additional space, making the total functional area more comfortable. It’s ideal for individuals, couples, or small families comfortable with efficient living.
2. How does the assessed value affect property taxes?
With an assessed value significantly below the neighbourhood average but around the city-wide median, this suggests property taxes may be comparatively lower for Fort Richmond, though other factors also apply.
3. What does the "newer build" ranking mean for this home?
Built in 1986, this home is newer than 97% of homes in Fort Richmond. This can be an advantage, potentially meaning updates to building materials, electrical systems, and insulation that align with more modern standards than much older area homes.
4. Is the smaller lot a disadvantage?
The 3,888 sqft lot is smaller than the Fort Richmond average, which means less yard maintenance. For buyers seeking a manageable outdoor space without extensive upkeep, this can be a practical benefit rather than a drawback.
5. How does this home compare to others on the street?
The data shows this home is very comparable to its immediate neighbours on Summerside Avenue in terms of year built, lot size, and assessed value. Its living area is slightly below the street’s average, indicating it is among the more compact options on the block.
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