Property Overview: 166 Ferndale Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home at 166 Ferndale Avenue is a well-sized, classic Winnipeg property built in 1914. Its primary appeal lies in its generous living space of 2,063 sq ft, which ranks well above average for its street, neighborhood, and the entire city. This suggests a home with more room than is typical, potentially offering flexible layouts or larger principal rooms. With an assessed value of $496k, it sits above average benchmarks at every level, indicating a perceived premium relative to many comparable homes.
The property would suit buyers looking for established character in the sought-after Norwood West area, who prioritize interior space over a large yard, as the lot size is below area averages. It’s a solid choice for those wanting a home that already stands out in terms of square footage and assessed value within its market context. A thoughtful perspective is that its 1914 build date, while older than most in the city, is actually around the average for Ferndale Avenue itself, meaning it fits the street's historic fabric—a potential plus for buyers seeking authentic neighborhood character over a newer build.
Frequently Asked Questions
1. How recent is the sale price data shown?
The listed sale price of CA$550k–600k is from December 2022. For fully verified, exact historical transaction figures, you must request a manual lookup via email, as this site does not display MLS records.
2. Is the lot size a disadvantage?
The land area is below average for the street and area. This may mean less outdoor space but could also translate to lower maintenance. It’s a trade-off that emphasizes the home's interior space as its main feature.
3. What does the "Above Average" assessed value really mean?
It means the city’s assessment for this home is higher than most comparable properties. This can reflect the home’s larger living area, condition, or improvements, but it’s also a factor in calculating property taxes.
4. The home is older than average. Should I be concerned?
While older than most city homes, it’s typical for its street. This suggests potential for classic architectural details but also means a thorough inspection for updates to systems like wiring, plumbing, and insulation is essential.
5. Can I see how this property compares visually to its neighbors?
Yes, you can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, lot size, and assessed value.