Property Overview: 336 Fernbank Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,040 sqft home, built in 1989, presents a solid, no-surprises offering in the Riverbend neighborhood. Its primary appeal lies in its balance and lot size. While the living space is modest compared to some neighbors, the property stands out on its street with an above-average assessed value ($420k) and a notably larger lot (4,681 sqft). This suggests a well-maintained home on a desirable parcel of land.
The home suits practical buyers looking for a stable investment in a mature neighborhood. It’s ideal for first-time homeowners, small families, or downsizers who value outdoor space over expansive square footage. A thoughtful perspective is that its "around average" size and citywide ranking for year built may indicate lower maintenance surprises than much older homes, while its lot offers tangible potential for gardening, expansion, or simply more privacy than nearby properties.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $420k is above the street average, which typically reflects the property's condition and lot size. However, market conditions, interior updates, and buyer demand ultimately determine the sale price. Recent sold data for the area should be consulted for a clearer picture.
2. How does the lot size compare meaningfully?
At 4,681 sqft, the lot is significantly larger than the street average (3,519 sqft). This is a key advantage, offering more yard space than many immediate neighbors, though it is closer to the average for the wider Riverbend area.
3. What might the "Below Average" living area ranking for the neighborhood imply?
Within Riverbend, this home's living area is below the neighborhood average. This means buyers prioritizing interior square footage may find larger options nearby, but they will likely pay more. This property trades some interior space for a larger lot.
4. Are there recent sales history details available?
The property sold in August 2020 and March 2019. For precise sold prices and a full transaction history, you must request the information directly via email, as this site does not display MLS data.
5. The home was built in 1989. What should I consider?
A home from this era is past its initial builder warranties but is still considered modern in the Winnipeg context. Key systems (roof, furnace, windows) may be nearing or have undergone replacement. A thorough inspection is advised to determine the condition and age of these major components.