Property score
56.2
Fair
Overall 56.2 · 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 · 4-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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56.2 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
117 Summerfield Way — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 336 m), 4 parks (nearest 177 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 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: 117 Summerfield Way, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a study in balance and practicality. Built in 1972, it is a quintessential example of its era, offering a manageable 840 sqft of living space on a near-5,000 sqft lot. Its assessed value of $329k sits comfortably around the average for its immediate street and the wider city, but notably below the average for the larger River East neighborhood. This creates a key dynamic: you’re acquiring a competitively priced entry into a established area.
The appeal lies in its position as a straightforward, lower-maintenance property. The lot size is generous for the home's footprint, offering outdoor space without being overwhelming. It suits first-time buyers seeking an affordable foothold in a mature community, or downsizers looking to simplify without leaving a familiar area. A thoughtful perspective is that this home represents a "value-average" proposition—it’s not the largest or newest on the block, but its pricing reflects that, potentially offering a sensible, lower-pressure entry point compared to more premium properties nearby. It’s for the buyer who prioritizes financial pragmatism and land over expansive interior square footage.
Section 2: Frequently Asked Questions
1. Is the living area small for the neighborhood?
Yes, at 840 sqft, the home’s living area is below the River East neighborhood average. However, it is much closer to the average for Summerfield Way itself. This suggests the street may feature more modestly sized homes, making this property a typical fit for its immediate surroundings.
2. How does the assessed value compare to recent sale prices?
The home last sold between $250k-$300k in early 2019. The current $329k assessment is higher, which is common as market values have shifted. For exact, verified historical sale prices, you can request a manual lookup via email from the site.
3. What does the "below neighborhood average" value mean for me?
It indicates this home is assessed at a lower value than many in the broader River East area. This can be an opportunity, as property taxes are often linked to assessed value. It means you may be gaining access to the neighborhood while carrying a relatively lower tax burden than owners of higher-assessed homes nearby.
4. Is the lot size a positive feature?
The lot is above average for Summerfield Way. For a home of this size, the land-to-building ratio is favorable, providing good outdoor space for gardening, recreation, or future expansion, which is a significant asset not always found with smaller homes.
5. Where can I see how this property compares visually to its neighbors?
The listing provides a link to a neighborhood map analysis tool. This allows you to see the home in context, comparing its year built, lot size, and value directly with nearby houses on a map for a clear visual understanding of the streetscape.
