Property Overview
151 Ferry Road is a well-situated, one-storey home in Winnipeg's Bruce Park neighbourhood. Its primary appeal lies in its generous, above-average lot size for the immediate area, offering a rare blend of established community charm and future potential. The home itself is a modest 953 sqft bungalow built in 1943, featuring a renovated basement and a detached garage. The recent sale history and assessed value indicate a stable, entry-level property in the market.
This home would suit a first-time buyer or an investor looking for a solid footprint in a mature neighbourhood. It’s particularly appealing for those who value outdoor space over extensive living area, seeing the large lot as a long-term asset for expansion, gardening, or simply enjoying more private yard space than is typical on the street. The renovated basement adds functional living space, making the home more practical than the main floor square footage alone might suggest.
Key Details & Questions
What are the key features?
The property features a 5,422 sqft lot (significantly larger than many on Ferry Road), a renovated basement, a detached garage, and a 953 sqft main floor in a one-storey layout.
What is the neighbourhood like?
Bruce Park is an established, central Winnipeg neighbourhood. The property's lot size is above average for the street but around average for the broader area, suggesting a quiet, mature setting with a mix of home sizes.
Is the house small?
At 953 sqft on the main floor, the living area is average for Ferry Road but below average for both the Bruce Park area and the city overall. The renovated basement provides additional finished space, making the total usable area more comfortable.
What does the lot size mean for me?
The lot is in the top 6% on Ferry Road for size. This is the property's standout characteristic, offering more privacy, yard space, and future potential (like an addition or large garden) compared to direct neighbours.
How does the value compare?
The home last sold in 2020 for $33,200, closely aligned with its current assessed value of $32,400. This suggests a stable, realistic valuation. Its assessed value is above average for the street, likely reflecting the desirable lot size.