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 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 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
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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
176 Summerfield Way — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 45 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 12% | Bottom 2% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 176 Summerfield Way, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,200 sqft home, built in 1973, presents a compelling mix of value and established character in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient use of space and its position as a relative value proposition. While the living area is above average for its specific street, the home's assessed value is notably below both neighborhood and city averages. This creates an opportunity for buyers seeking more square footage for their dollar in a mature, settled area.
The home would suit first-time buyers or practical downsizers who prioritize interior space over a large yard, as the lot is smaller than typical for the area. Its "elite" ranking for year built on its street suggests it may be among the better-maintained or updated properties in its immediate row, a subtle advantage. The data indicates a buyer here is likely trading off land size and premium location for a more affordable entry into a well-sized home in a community with deep roots.
Section 2: Frequently Asked Questions
1. Why is the assessed value significantly below area averages?
This is likely due to a combination of its smaller lot size and the specific market segment of Summerfield Way. The home offers good interior space but sits on a lot that is below average for River East, which influences its valuation.
2. How does the living area compare to nearby homes?
Very favorably on its own street. At 1,200 sqft, it ranks in the top 9% of 91 homes on Summerfield Way, meaning it offers more interior space than most of its direct neighbors.
3. What does the sold price history from 2016 indicate?
The home sold for an estimated $200k-$250k in mid-2016. This historical price, ranked highly compared to sales at the time, suggests it has been perceived as a solid value in the past, consistent with its current assessment profile.
4. Is the 1973 build date a concern?
The data shows it is actually the newest home on its street, which is a positive sign. However, as with any home 50+ years old, the condition of major systems (roof, wiring, plumbing) and updates made over the years will be more important than the build date itself.
5. How can I get the exact past sold price?
The provided data is an estimated range from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS sales history.
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