Property score
49.7
Below average
Overall 49.7 · Smaller and older than most nearby homes
720 sqft (bottom 1%) · Built in 1972 (4 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, 4 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
49% 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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49.7 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
137 Summerfield Way — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 409 m), 4 parks (nearest 131 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 | Bottom 42% | Bottom 10% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 137 Summerfield Way, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a compact, 720 sqft bungalow built in 1972, situated on a modest 2,983 sqft lot in Winnipeg's River East neighborhood. Its key appeal lies in its affordability and efficiency within a well-established area. The assessed value and recent sale price are notably below averages for the street, neighborhood, and city, positioning it as a lower-cost entry point into the market.
The property would suit first-time buyers, downsizers, or investors seeking a straightforward, manageable home with minimal upkeep. Its smaller scale translates to lower utility costs and less maintenance. A thoughtful perspective is that while the living space is compact, this can promote a simpler, more intentional lifestyle. Additionally, its lot size is smaller than most in the area, which means less yard work but also limited potential for expansions or additions compared to neighboring properties.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to the area?
At 720 sqft, the living area is significantly smaller than most comparable homes in River East (neighborhood average is 1,399 sqft) and on Summerfield Way itself (street average is 966 sqft). It is designed for efficient, essential living.
2. Is the assessed value a reliable indicator of the sale price?
The home recently sold within the CA$250k–300k range, which aligns closely with its $260k assessed value. This suggests the assessment was accurate for the market at that time, unlike some area homes where sale prices can diverge more from their assessed values.
3. What does the lot size mean for potential renovations or a future sale?
The lot is among the smallest on the street, which may limit the feasibility of large extensions or additions. This is a key factor for buyers considering future expansion and could influence resale appeal to those seeking larger yards.
4. How does the year built affect this home?
Built in 1972, it is average for its street but slightly older than the River East neighborhood average. Buyers should budget for potential updates common to homes of this era, such as roofing, windows, or mechanical systems, while also appreciating the established character of the area.
5. Where can I get verified sale price data for this property?
The provided sale price is an estimated range from public data. For the exact sale price and full transaction history, you must request a manual lookup via email from the site, as they do not display MLS records due to industry rules.
