Property score
66.5
Good
Overall 66.5 · Older than most nearby homes
1,200 sqft (bottom 42%) · Built in 1973 (3 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 4 parks, 1 place of worship, and 1 government office nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Below average
3 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
66.5 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
141 Summerfield Way — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 417 m), 4 parks (nearest 125 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 36% | Bottom 9% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 141 Summerfield Way, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,200 sqft home, built in 1973, presents a practical opportunity in Winnipeg's River East neighborhood. Its core appeal lies in its efficient use of space and its position on a street of well-established homes. While the living area is above average for Summerfield Way, the property’s assessed value and lot size are notably below averages for both the neighborhood and the wider city. This creates a distinct profile: you are acquiring a home that is newer than most on its specific street, with a more generous interior footprint than its immediate neighbors, but on a smaller, more modestly valued parcel of land.
The property would suit a first-time buyer or a downsizer looking for a manageable, single-level home (likely a bungalow or split-level, given the era and area) without a large yard to maintain. Its below-average assessed value suggests a potentially lower property tax burden, which is a significant, less obvious advantage. It’s a home for those prioritizing interior space over exterior land, and value over prestige within the community. The data indicates it last sold between $250k-$300k in early 2021, positioning it as an accessible entry point into a mature area.
Section 2: Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
Based on assessed value, this home is ranked below the street average. However, it offers more living area than most neighboring homes and is actually the newest house on the street. This suggests you may be paying for the interior space and the building itself, rather than a large lot.
2. Why is the assessed value so much lower than the neighborhood average?
The primary reasons are the significantly smaller land size (approx. 3,000 sqft vs. a neighborhood average over 7,000 sqft) and the home’s modest valuation relative to its interior space. It sits on a compact lot in an area where many homes have larger properties.
3. What does the sold price data from 2021 tell me?
The previous sale in the $250k-$300k range confirms the home has historically traded below typical neighborhood prices. This provides a benchmark, but market conditions have likely changed since 2021.
4. How reliable is the sold price information shown here?
The site states this data is from public online sources, not the MLS, and is presented in broad price bands. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the trade-offs of the smaller lot size?
A smaller lot (about one-third the neighborhood average) means less outdoor maintenance, which can be a benefit. The trade-off is less privacy, limited space for expansions like decks or additions, and typically less distance from neighboring homes.
