Property Overview: 1289 Fernbank Avenue
Section 1: Key Characteristics & Appeal
This home at 1289 Fernbank Avenue is a modern 2024 build in Winnipeg's Rosser-Old Kildonan area, offering 1,728 sqft of living space. Its primary appeal lies in its exceptional newness and above-average size compared to most of the city, all at a price point that recently sold within the $450k-$500k range.
The standout feature is its elite standing on its own street: it ranks #1 out of 75 homes for both living area and assessed value, meaning it is the largest and most valuable property on Fernbank Avenue. This presents a unique opportunity to own the premier home on the block. While the lot size is more typical for a city infill property, the house itself is thoroughly modern, likely requiring minimal immediate maintenance and offering contemporary layouts and efficiencies.
This property would ideally suit buyers seeking a move-in ready, modern home without the premium often attached to brand-new builds in newer subdivisions. It’s a strong fit for professionals or small families who value space and modern amenities over a large yard, and for those who appreciate the potential for strong relative value retention by being a top-tier property within its immediate streetscape.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Based on assessed values, this home is the highest on its street by a significant margin (average street assessment is $375.5k). In the broader neighborhood and city, its assessment is around or above average, suggesting you are paying for a superior property on its specific block.
2. What does the "Elite" ranking for year built mean?
Built in 2024, it is newer than 99% of comparable homes across Winnipeg and is the newest on its street. This typically translates to modern building codes, energy efficiency, and contemporary design, with little to no worry about major near-term repairs.
3. Is the lot size a concern?
The land area is approximately 3,076 sqft, which is smaller than the average for both the neighborhood and the city. This is common for newer infill homes. It suits those who prefer lower-maintenance outdoor space but may not be ideal for those wanting extensive gardens, large play areas, or significant privacy.
4. What is the likely sold price?
Public data indicates a sale occurred in April 2024 within the $450,000 to $500,000 range. For verified, exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records.
5. Who might this property not suit?
Buyers seeking a large, established lot typical of older neighborhoods or those who prefer character homes with mature trees might find the compact lot and very modern aesthetic less appealing. It may also not suit buyers looking for the lowest-priced option in the area, as it commands a premium on its street.