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.