Property Overview: 185 Ferndale Avenue, Norwood West
Key Characteristics & Appeal
This home at 185 Ferndale Avenue presents a classic Winnipeg character property built in 1921, situated on a notably generous lot. Its primary appeal lies in the land itself—at nearly 6,000 sq ft, the lot size ranks in the top 7% on its street, offering above-average outdoor space and potential in a mature neighborhood. While the living area (912 sq ft) is modest compared to local averages, the assessed value aligns closely with street and city benchmarks, suggesting the property is priced consistently within the market.
This home would suit a value-conscious buyer who prioritizes land size over interior square footage, such as a first-time homeowner comfortable with a cozier footprint, or a long-term investor attracted by the lot's inherent value in a well-established area. It’s a practical choice for those who see potential in outdoor living, gardening, or future expansion, rather than someone seeking a move-in-ready home with modern, spacious rooms. The data indicates you are buying into a stable, historic streetscape where the land is a standout asset.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. The living area is below the average for Ferndale Avenue, Norwood West, and Winnipeg overall. This is a more compact character home.
2. How does the lot size compare?
This is a key strength. The lot is 5,998 sq ft, which is larger than most on the street and in the neighborhood, ranking in the top 20% for Norwood West.
3. Is the assessed value fair for the size?
The assessed value of $410k is around the average for the street and city. This suggests the valuation accounts for the desirable lot size, balancing the smaller living area.
4. When did it last sell, and for how much?
It sold in August 2017. The public price range is shown as CA$300k–350k. For verified, exact historical sale figures, you can request a manual lookup from the site.
5. What should I consider about a 105-year-old home?
While the age is typical for the street, prospective buyers should budget for potential updates to older systems (like plumbing, wiring, or the roof) and consider the maintenance that comes with a century-old structure, alongside its classic charm.