147 Summerfield Way

River East, Winnipeg

Property score

65.6

Good

Overall 65.6 · 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)

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

65.6 is composed by the two sections below.

Property Score

57.0Fair
Living Area66
1,200 sqftGood
Year Built58
1973Fair
Lot Size28
2,983 sqftLow
Neighbourhood Sales Activity32
Low

Community Score

78.4Good
Household Income83
Excellent
Education Level54
Fair
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110743

Community deep dive

$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

Population, labour & age

Population (2021)598
Labour force participation rate67%
Median age40.8
Avg household size2.5
Unemployment rate8%
Population density3517 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households19%
Couple families with children25%
Median household income (2020)$96K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority6%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Punjabi · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,200 sqft
0255075100
Same streetTop 9%Same areaBottom 42%CitywideTop 50%
Same street · Summerfield Way
#8 / 91
Top 9% · Avg 966 sqft
Same area · River East
#1,647 / 2,836
Bottom 42% · Avg 1,399 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

below average
254k
0255075100
Same streetBottom 14%Same areaBottom 3%CitywideBottom 18%
Same street · Summerfield Way
#78 / 91
Bottom 14% · Avg 305.1k
Same area · River East
#2,752 / 2,836
Bottom 3% · Avg 401.1k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Year Built

Elite
1973
0255075100
Same streetTop 1%Same areaBottom 22%CitywideTop 43%

Lot Size

below average
2,983 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

147 Summerfield Way — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 435 m), 4 parks (nearest 113 m).

Search radius
🏫Education1
🌳Parks4
Worship1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 6/2024CA$250k–300k
Sold price

Same street

Top 36%

Same area

Bottom 17%

City-wide

Bottom 33%

Related homes

Highlights & common questions: 147 Summerfield Way, Winnipeg

Property Overview: 147 Summerfield Way, Winnipeg

Key Characteristics & Appeal

This 1,200 sqft home, built in 1973, presents a distinct value-oriented profile in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient living space, which is notably larger than most other homes on Summerfield Way, offering more room than the immediate street average. However, this comes with a significantly smaller lot size compared to area norms.

The property’s assessed value is well below averages for the street, neighborhood, and city, suggesting a potentially lower entry point for buyers. This combination—above-average interior space on a below-average valued lot—creates an interesting dynamic. It would suit practical, budget-conscious buyers who prioritize interior square footage over outdoor land area, such as first-time homeowners or small families looking for a cost-effective way into a stable area. A thoughtful perspective is that this home may represent an efficient use of space without paying a premium for extensive yard maintenance, aligning with a simpler, more contained lifestyle.

Frequently Asked Questions

1. Is this a good value compared to nearby homes?
Based on assessed values, this home is priced below most comparable properties on its street and in the wider River East area, indicating a competitive entry point. However, the lot size is also considerably smaller than those neighbors.

2. How does the living space compare?
The 1,200 sqft living area is larger than the average home on Summerfield Way (966 sqft), offering more interior space than many immediate neighbors, while being close to the Winnipeg citywide average.

3. What is the typical lot size in the area?
Lot sizes in River East are generally larger. This property’s lot of 2,983 sqft is below the neighborhood average of over 7,000 sqft and the street average of approximately 4,600 sqft.

4. Can I get the exact historical sold price?
The site provides sold price ranges. To receive verified exact sold figures, you must request them via email from the service, as they are not sourced from the MLS system.

5. How does the year built affect this home?
Built in 1973, it is typical for the street but slightly older than the River East neighborhood average. This suggests it fits the character of the immediate block, but buyers should consider the age for potential updates or maintenance.