Property Overview
185 Summerfield Way is a compact, single-family home in Winnipeg's River East neighborhood. Built in 1972, it offers 720 sqft of living space on a 3,000 sqft lot, with a current assessed value of $280,000. The home last sold in April 2022 for a price between $300,000 and $350,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its affordability and efficiency within a well-established area. Its assessed value sits comfortably below neighborhood and city averages, presenting a lower entry point into the Winnipeg market. The compact size translates to manageable utility costs, minimal upkeep, and less time spent on maintenance—a significant draw for those seeking simplicity.
The property would suit first-time buyers, downsizers, or pragmatic investors. It’s for someone who prioritizes financial accessibility and a low-maintenance lifestyle over square footage. A less obvious perspective is its potential as a strategic hold in a mature neighborhood; its below-average lot size for the area might mean a quieter, more contained setting compared to larger properties, and its consistent sale history suggests steady demand for modest homes here.
Frequently Asked Questions
1. Is this a small house compared to others in the area?
Yes. At 720 sqft, the living area is significantly below the averages for the street (966 sqft), River East neighborhood (1,399 sqft), and Winnipeg overall (1,342 sqft).
2. How does the assessed value compare to nearby homes?
The $280,000 assessment is around the average for Summerfield Way but is below the broader neighborhood and city averages, indicating it is a more affordable option in River East.
3. What is the property’s sale history?
It sold in April 2022 for an estimated $300,000–$350,000, and previously in January 2018 for $200,000–$250,000, showing appreciation over that period.
4. Is the lot size typical for the neighborhood?
No. The 3,000 sqft lot is smaller than most on the street and in River East, where lots average 4,617 sqft and 7,084 sqft, respectively.
5. How can I get the exact past sale prices?
The exact figures are not published on the site. You can request them by email, and the team will manually look up and provide the verified transaction history.