Property score
55.6
Fair
Overall 55.6 · Smaller and older than most nearby homes
816 sqft (bottom 1%) · Built in 1955 (11 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 85%Tagalog · 3%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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Property score
55.6 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
Westwood
How to read: Share of sales in each ~$50k price band for “westwood” (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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110314
Community deep dive
$95K
Median household income
$114K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
24%
Single-person households
29%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
492 Sumach Street — 33 amenities found within 500 m, across 10 categories, including 9 dining (nearest 213 m), 1 education (nearest 288 m), 2 healthcare (nearest 365 m).
Crime & Safety
Westwood · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
100%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 11% | Bottom 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 13% |
492 Sumach Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 492 Sumach Street, Winnipeg
492 Sumach Street – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1955 bungalow with 816 square feet of living space on a 5,529-square-foot lot, located in Winnipeg’s Westwood neighbourhood. The property’s strongest feature is its assessed value: at $319,000, it sits roughly at the street and city averages, making it a financially reasonable entry point. The lot size is also competitive—ranked in the top 49% on the street and top 42% citywide—which suggests good outdoor space relative to many similar homes.
Where the property falls short is living area and age. At 816 square feet, it’s well below both the street average (1,081 sqft) and the city median for comparable homes. The 1955 build date also places it older than most neighbours, ranking in the bottom third on the street. That said, the rankings show a clear pattern: this house is a smaller, older home on a generous lot, priced in line with its condition and location. It’s not a standout in size or modernity, but it offers solid value for someone willing to invest in updating or who prioritizes yard space over square footage.
This property would suit buyers who are comfortable with a smaller footprint and see potential in renovating or personalizing a post-war home. It may also appeal to those looking for a lower purchase price in a neighbourhood where comparable homes are significantly more expensive, or to buyers who prioritize lot size for gardening, additions, or outdoor living.
Five Possible FAQs
1. How does this property compare to other homes on Sumach Street?
On its street, this home is among the smaller and older options (ranked 31st out of 35 for living area and 27th for year built). However, its assessed value is close to the street average, and the lot size is right in the middle of the pack. So it’s not an outlier—just a more modest home on a typical lot.
2. Is the assessed value a reliable indicator of market price?
Assessed value is a general benchmark, not a precise market price. This home’s assessed value of $319,000 is near the street average but well below the neighbourhood average of $392,100. That gap may reflect the smaller size and older age, but a full market appraisal and recent comparable sales would give a clearer picture.
3. What does the “land area” ranking actually mean for everyday use?
The 5,529-square-foot lot is slightly smaller than the Westwood average (6,491 sqft) but still competitive citywide. It’s a standard city lot—enough for a decent backyard, possibly a garden or small shed, but not oversized. Buyers looking for huge yards should note it ranks in the bottom third in the neighbourhood.
4. Would this property be a good candidate for a renovation or addition?
The lot size offers some room for expansion, but the 816-square-foot living area means any addition would significantly change the home’s character. Zoning and permit feasibility aren’t addressed here, so a buyer would need to check local rules. Given the older construction, structural and system updates (plumbing, electrical, insulation) may also be needed.
5. How does the neighborhood (Westwood) compare to Winnipeg as a whole?
Westwood homes tend to be larger, newer, and higher-assessed than this property. Ranked in the bottom 1% for living area and year built within the neighbourhood, this house is clearly below the local standard. But citywide, it’s more average—meaning the price may reflect the home itself more than the neighbourhood’s premium.