Property score
60.5
Fair
Overall 60.5 · Smaller and older than most nearby homes
988 sqft (bottom 17%) · 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: 3 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby
Living Area
Below average
29% 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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60.5 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
14 Summerfield Way — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 466 m), 1 healthcare (nearest 457 m), 1 shopping (nearest 478 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 27% | Bottom 27% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 988 sqft bungalow at 14 Summerfield Way in Winnipeg's River East neighborhood presents a specific, value-oriented opportunity. Built in 1972, its key characteristic is its position as a solid, average-sized home on a street of similar properties, but with notable advantages in its immediate context. While its living space is below the broader neighborhood and city averages, it sits on a larger-than-average lot for the street (5,498 sqft) and carries an assessed value ($341k) that is above the street's average. This suggests the property may offer better relative outdoor space or perceived value within its own micro-market.
The appeal lies in its potential as a pragmatic entry point into a stable neighborhood. It suits first-time buyers or downsizers seeking a manageable home without a premium for excess square footage, where the value is anchored more in the land and location than in a large interior. A thoughtful perspective is that this home likely represents the "typical" standard for its specific street, making renovations or updates easier to gauge against direct comparables. It may also appeal to a buyer less concerned with being above city-wide averages and more focused on finding a balanced property within a cohesive, established local streetscape.
Frequently Asked Questions
1. Is the living area small for the neighborhood?
Yes, at 988 sqft, it is below the River East neighborhood average. However, it is very close to the average size for homes on Summerfield Way itself, indicating the street consists of similarly scaled homes.
2. Why is the assessed value above average for the street?
While the exact reasons for assessment aren't detailed, factors often include the home's condition, updates, and its larger-than-average lot size for the street, which can contribute to a higher valuation.
3. What does the sold price history indicate?
The home sold previously between $300k-$350k. This range places it in the top 27% of sold prices on its street, suggesting it has historically been perceived as a higher-value property within this specific local market.
4. How does the lot size compare?
The lot is a standout feature for the street, at 5,498 sqft, which is significantly larger than the street's average lot. This offers more outdoor space than many immediate neighbors, though it is smaller than the broader neighborhood average.
5. Are there many similar homes nearby for comparison?
Yes. The data shows numerous homes on Summerfield Way and nearby streets with very similar year-built, size, and value profiles, providing a clear picture of the local market for this type of property.
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