174 Summerfield Way

River East, ਵਿਨੀਪਿਗ

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: 3 parks, 1 place of worship, and 1 government office nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

14% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

66.5 is composed by the two sections below.

Property Score

58.5Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,200 sqft66Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ197358Fair
ਜ਼ਮੀਨ3,185 sqft38Low
Neighbourhood Sales Activity32Low

Community Score

78.4Good
Household Income83Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

River East

How to read: Share of sales in each ~$50k price band for “river east” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,200 sqft
0255075100
Same streetਟਾਪ 9%Same areaਹੇਠਲੇ 42%Citywideਟਾਪ 50%
Same street · Summerfield Way
#8 / 91
ਟਾਪ 9% · ਔਸਤ 966 sqft
Same area · River East
#1,647 / 2,836
ਹੇਠਲੇ 42% · ਔਸਤ 1,399 sqft
Citywide · ਵਿਨੀਪਿਗ
#97,378 / 194,458
ਟਾਪ 50% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
254k
0255075100
Same streetਹੇਠਲੇ 14%Same areaਹੇਠਲੇ 3%Citywideਹੇਠਲੇ 18%
Same street · Summerfield Way
#78 / 91
ਹੇਠਲੇ 14% · ਔਸਤ 305.1k
Same area · River East
#2,752 / 2,836
ਹੇਠਲੇ 3% · ਔਸਤ 401.1k
Citywide · ਵਿਨੀਪਿਗ
#159,292 / 194,458
ਹੇਠਲੇ 18% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
1973
0255075100
Same streetਟਾਪ 1%Same areaਹੇਠਲੇ 22%Citywideਟਾਪ 43%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
3,185 sqft
0255075100
Same streetਹੇਠਲੇ 29%Same areaਹੇਠਲੇ 5%Citywideਹੇਠਲੇ 15%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

174 Summerfield Way — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 41 m).

Search radius
🌳Parks3
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

6/2017 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 18%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 3%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 15%

Related homes

ਵਿਨੀਪਿਗ 174 Summerfield Way — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 174 Summerfield Way, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,200 sqft home, built in 1973, presents a clear value-oriented proposition in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient use of space and its position as one of the newer homes on its street, offering a relative modern advantage among immediate neighbors. The assessed value of $254k is notably below averages for the street, neighborhood, and city, suggesting a potentially lower property tax burden and an accessible entry point into the market.

The home would suit first-time buyers or practical investors seeking a functional, no-frills property with solid fundamentals. Its living area is above average for Summerfield Way, indicating good interior space for its peer group, though the lot size is more compact. A thoughtful perspective is that this property represents a "middle ground" home—it's not the largest or on the biggest lot, but it avoids the premiums of newer builds or extensive renovations, offering a balanced, move-in-ready canvas. It’s ideal for someone who prioritizes living space and a newer build year over a large yard, within a stable, established community.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
While the assessed value is a key municipal metric for calculating taxes, it is not the same as market value. This lower assessment likely reflects the home's specific attributes, such as its smaller lot size, and may result in comparatively lower property taxes—a tangible financial benefit for the owner.

2. How does the living area compare to nearby homes?
The living area of 1,200 sqft is actually above average for Summerfield Way itself, ranking in the top 9% on the street. This means you get more interior space than many direct neighbors, though it is closer to the citywide average when compared to a broader area.

3. What does the sale history indicate?
Records show the property last sold between $200k-$250k in June 2017. This historical price, combined with the current assessed value, provides a benchmark for its value trajectory over the past several years.

4. Is the smaller lot size a significant drawback?
That depends on your lifestyle. The 3,185 sqft lot is below average in size, which means less yard maintenance but also less private outdoor space. For buyers who prioritize a low-maintenance exterior or who value interior square footage over yard size, this can be a suitable trade-off.

5. How can I get the exact past sale price?
The displayed sale price is a range. To obtain the exact historical sale figures, you can request a manual lookup via email through the site. This service is provided without obligation and does not use your email for marketing.

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