Property score
56.9
Fair
Overall 56.9 · Smaller and older than most nearby homes
840 sqft (bottom 6%) · Built in 1972 (4 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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56.9 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (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: #46110743
$96K
Median household income
$96K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
25%
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
113 Summerfield Way — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 331 m), 4 parks (nearest 173 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 47% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 14% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 113 Summerfield Way, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This 840 sqft bungalow, built in 1972 on a 5,136 sqft lot, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong position on its own street. While the home's size is below the neighborhood and city averages, it boasts an assessed value ($338k) that ranks in the top 25% of Summerfield Way, suggesting it is a well-regarded property on a desirable block. This creates an interesting dynamic: you're acquiring a home that stands out on its street, within a neighborhood (River East) where property values are generally higher.
The home would suit first-time buyers, downsizers, or investors looking for a manageable property with a solid foundation in a mature community. Its recent sale history indicates active interest. A thoughtful perspective is that this property offers a "best house on the block" potential within its immediate micro-area, which can be a smarter long-term play than a larger home in a less consistent location. The lot size is also above average for the street, offering valuable outdoor space.
Section 2: Frequently Asked Questions
1. How does the home's below-average size impact its value?
While the living area is smaller than many area homes, the assessed value is strong for its specific street. This often indicates factors like a desirable lot, updates, or a favorable layout that aren't captured by square footage alone.
2. What do the recent sold prices suggest?
The property sold twice in 2024, with the later sale at a significantly higher price range. This suggests a rapid appreciation, possibly due to renovations or a competitive bidding environment, highlighting the street's desirability.
3. Is the assessed value a reliable indicator of market price?
The assessed value ($338k) is for municipal tax purposes and is often below market value. The recent sold price data is a more current indicator, but for exact historical sale figures, you must request a manual lookup from the site.
4. How does this home compare to others on Summerfield Way?
It ranks above average in value and has a larger-than-average lot for the street, but its living area is around the street's median. It is a contemporary of many homes on the block, most built in the early 1970s.
5. What are the advantages of a 1970s bungalow like this?
Homes from this era often feature straightforward layouts, larger lot sizes compared to newer subdivisions, and established neighborhoods. They are typically good candidates for renovation and modernization to suit contemporary needs.
