131 Ferry Road

Bruce Park, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Compared with neighbourhood average

1,224 sqft (bottom 48%) · Built in 1927 (13 yrs older than avg)

Located in a above-average income area with median household income of ~69k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 3 schools, 2 shops, and 1 park nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

13 yrs older than neighborhood avg.

Mother tongue

English · 84%Tagalog · 4%

Past 10 years Bruce Park sales snapshot (~80% of all data)

Sold Count

193

Median price

190k

$/sqft

$201/sqft

Avg build year

1940

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Property score

61.3 is composed by the two sections below.

Property Score

56.0Fair
Living Area1,224 sqft66Good
Year Built192720Low
Lot Size5,423 sqft67Good
Neighbourhood Sales Activity48Low

Community Score

69.3Good
Household Income70Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health60Fair

Neighbourhood Sales

Bruce Park

How to read: Share of sales in each ~$50k price band for “bruce park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110250

Community deep dive

$69K

Median household income

$100K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

44%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)468
Labour force participation rate63%
Median age51.6
Avg household size1.9
Unemployment rate11%
Population density1800 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households44%
Couple families with children14%
Median household income (2020)$69K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority17%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,224 sqft
0255075100
Same streetTop 13%Same areaBottom 48%CitywideTop 48%
Same street · Ferry Road
#32 / 247
Top 13% · Avg 955 sqft
Same area · Bruce Park
#314 / 606
Bottom 48% · Avg 1,330 sqft
Citywide · Winnipeg
#93,008 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
257k
0255075100
Same streetTop 49%Same areaBottom 18%CitywideBottom 19%
Same street · Ferry Road
#121 / 247
Top 49% · Avg 266.1k
Same area · Bruce Park
#497 / 606
Bottom 18% · Avg 352.3k
Citywide · Winnipeg
#157,931 / 194,458
Bottom 19% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 39%Same areaBottom 38%CitywideBottom 16%

Lot Size

Elite
5,423 sqft
0255075100
Same streetTop 4%Same areaTop 39%CitywideTop 45%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

131 Ferry Road — 19 amenities found within 500 m, across 6 categories, including 10 dining (nearest 294 m), 3 education (nearest 245 m), 2 shopping (nearest 436 m).

Search radius
🍽️Dining10
🏫Education3
🛒Shopping2
🌳Parks1
Fuel Stations2
Worship1

Crime & Safety

Bruce Park · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

75%

Sales History

Sold 2/2022CA$300k–350k
Sold price

Same street

Top 22%

Same area

Top 43%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 131 Ferry Road, Winnipeg

Property Overview: 131 Ferry Road, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1927, presents a compelling opportunity centered on its generous 5,423 sqft lot, which ranks in the top 4% for size on Ferry Road. The living space (1,224 sqft) is notably above average for the immediate street, offering comfortable scale. A key feature is the renovated basement, adding modern, functional space. The property last sold in February 2022 for $320k, a price point that performed well compared to local sales.

Its primary appeal lies in the land value and location within Bruce Park. The lot size is a significant asset, offering ample outdoor space and future potential in a well-established neighbourhood. The home suits practical buyers who value space over newness—those looking for a character home with a renovated lower level, or investors and builders who recognize the underlying value in the large parcel. It’s a property where the land tells a more powerful story than the vintage of the house itself, ideal for someone with a vision for gardens, additions, or long-term holding.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, legal compliance, and moisture control should be verified by a buyer's inspection.

2. Why is the assessed value significantly lower than the last sale price?
The assessed value is for municipal tax purposes and often lags behind market value, especially after recent sales. The 2022 sale price of $320k is the more current indicator of its market worth.

3. How does the lack of a garage affect daily living and value?
The property has no garage. Buyers should consider the cost and feasibility of adding parking or storage, though the large lot may accommodate it. This is a common trade-off in older neighbourhoods.

4. The home is older—what should I be most concerned about?
Given its age (1927), priority inspections should focus on the foundation, roof, plumbing, electrical systems, and insulation. The renovation may have addressed some items, but a thorough inspection is essential.

5. The lot is large for the area. Are there any restrictions on its use?
While the lot size is a major asset, any plans for additions, outbuildings, or subdivision must be checked against local zoning bylaws and the neighbourhood’s character overlay.

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