Property Overview: 48 Ferndale Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home is a well-positioned property in Norwood West, presenting a balanced profile that blends established character with practical metrics. Built in 1944, it is notably newer than many of its immediate neighbors on Ferndale Avenue, which may suggest updated infrastructure or a different architectural era compared to the street's predominantly pre-1930s homes. With 1,370 sqft of living space and a 5,996 sqft lot, it sits comfortably around the average for both the street and the broader neighborhood, offering standard space without extremes.
Its primary appeal lies in its solid, middle-of-the-road fundamentals within a mature community. The assessed value of $442k is above the Winnipeg city average, indicating perceived stability and desirability in its market segment. A key, less obvious perspective is that this home represents a "known quantity" – it doesn't top the charts in size or novelty, but its rankings consistently avoid the bottom tiers, suggesting a reliable investment in a stable setting. It last sold in August 2022 for an estimated $450k-$500k, a price point that performed well against city-wide comparisons.
This property would suit a buyer looking for a move-in-ready home in an established area without the premium or potential surprises of a century-old character home. It’s a practical choice for those who value neighborhood maturity over cutting-edge modernity, and who appreciate a home that aligns closely with area averages for space and value.
Frequently Asked Questions
1. How does the age of this home (1944) compare to others nearby?
On Ferndale Avenue, this home is actually one of the newer properties, ranking in the top 5% for its newer year built compared to the street's average of 1929. In the broader Norwood West neighborhood and city-wide, however, its age is around or slightly below the average.
2. Is the assessed value of $442k typical for the area?
Yes, it's around average for Norwood West and above average for Winnipeg as a whole. On its specific street, it ranks in the top third, indicating it is assessed higher than many direct neighbors.
3. What was the previous sale price?
Records indicate it sold in August 2022. For non-registered users, the sold price is shown as a range of CA$450,000–$500,000. Exact figures require a manual lookup request through the site.
4. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly larger than the average for Ferndale Avenue and typical for Norwood West. City-wide, it is slightly smaller than the average comparable lot.
5. Where can I verify the exact historical sale data?
The site notes that due to industry rules, MLS sold records are not displayed. To obtain fully verified, exact sold prices and transaction history, you must request a manual lookup via email through the site's provided function.