Property score
50.6
Fair
Overall 50.6 · Smaller and older than most nearby homes
720 sqft (bottom 1%) · 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, 3 parks, 1 place of worship, and 1 government office nearby
Living Area
Below average
49% 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
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50.6 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
168 Summerfield Way — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 486 m), 3 parks (nearest 39 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 3% | Bottom 1% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 168 Summerfield Way, River East, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This home presents a distinct value proposition centered on affordability and efficiency within Winnipeg's River East neighborhood. Its key characteristic is its compact 720 sqft living area, which is notably smaller than most homes on its street and in the wider area. This is reflected in its assessed value of $242k, which sits well below local averages. The lot size is manageable at 3,215 sqft, and the home, built in 1973, is actually one of the newer houses on its block.
The primary appeal lies in its accessibility. It offers a lower financial barrier to entry into a stable neighborhood, making it a practical choice for first-time homebuyers, downsizers seeking minimal upkeep, or investors looking for a rental property. Its efficient size translates to lower utility costs and less maintenance. A thoughtful perspective is that this property represents a "right-sized" home, avoiding the premium paid for excess space that many buyers may not truly need. It suits a pragmatic buyer who prioritizes financial flexibility and a simpler footprint over square footage, viewing the below-average metrics not as drawbacks, but as the source of its affordability.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The value is consistently below averages for the street, neighborhood, and city, which primarily reflects the home's smaller size. It indicates a competitively priced entry point rather than an underlying issue, assuming the property is in good condition.
2. Who would this small home suit best?
It's ideal for individuals, couples, or small families who value location and affordability over space. It's also a strong candidate for downsizers from larger homes in the area or investors seeking a lower-purchase-price rental.
3. How does the year built (1973) compare?
The home is actually one of the newest on its street, ranking in the top 1%. This can be a positive, suggesting potentially newer core components compared to immediate neighbors, though a full inspection is always recommended.
4. What can the 2016 sale price tell me?
The home sold for an estimated $200k–$250k in 2016. This provides a historical benchmark, showing significant appreciation in assessed value since then. For the most accurate sale history, you must request a manual lookup from the site.
5. Are the nearby listed properties good comparisons?
Some are, but many are not. While geographically close, several listed "for reference" are much larger in living area and value (e.g., 1,200 sqft at $254k). A better size comparison is 135 Summerfield Way (also 720 sqft, valued at $261k), highlighting how this property's value aligns with similar footprints.
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