174 Ferndale Avenue

Norwood West, Winnipeg

Property score

69.3

Good

Overall 69.3 · Compared with neighbourhood average

1,332 sqft (bottom 48%) · Built in 1927 (10 yrs older than avg)

Located in a high-income area with median household income of ~125k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 shop, and 2 parks nearby

Living Area

Near average

6% smaller than neighborhood avg.

Taon ng Paggawa

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 17%

Past 10 years Norwood West sales snapshot (~80% of all data)

Sold Count

269

Median price

425k

$/sqft

$266/sqft

Avg build year

1937

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Property score

69.3 is composed by the two sections below.

Property Score

55.1Fair
Living Area71
1,332 sqftGood
Taon ng Paggawa20
1927Low
Lupa46
3,959 sqftLow
Neighbourhood Sales Activity32
Low

Community Score

90.6Excellent
Household Income91
Excellent
Education Level91
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Istatistika ng benta ng komunidad

Norwood West

How to read: Share of sales in each ~$50k price band for “norwood west” (Detached na bahay (hindi 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: #46110556

Community deep dive

$125K

Median household income

$144K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

16%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)474
Labour force participation rate71%
Median age47.2
Avg household size2.6
Unemployment rate8%
Population density2788 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households16%
Couple families with children37%
Median household income (2020)$125K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority10%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 17%

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

Mga ranggo

Living Area

karaniwan
1,332 sqft
0255075100
Same streetBottom 41%Same areaBottom 48%CitywideTop 40%
Same street · Ferndale Avenue
#58 / 98
Bottom 41% · Avg 1,431 sqft
Same area · Norwood West
#515 / 992
Bottom 48% · Avg 1,420 sqft
Citywide · Winnipeg
#76,863 / 194,458
Top 40% · Avg 1,342 sqft

Assessed Value

karaniwan
363k
0255075100
Same streetBottom 30%Same areaBottom 27%CitywideTop 49%
Same street · Ferndale Avenue
#69 / 98
Bottom 30% · Avg 413.4k
Same area · Norwood West
#725 / 992
Bottom 27% · Avg 426.1k
Citywide · Winnipeg
#95,830 / 194,458
Top 49% · Avg 390.1k

Taon ng Paggawa

karaniwan
1927
0255075100
Same streetTop 49%Same areaBottom 33%CitywideBottom 16%

Lupa

mas mababa sa average
3,959 sqft
0255075100
Same streetBottom 10%Same areaBottom 13%CitywideBottom 25%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

174 Ferndale Avenue — 12 amenities found within 500 m, across 7 categories, including 2 dining (nearest 416 m), 3 education (nearest 438 m), 1 shopping (nearest 415 m).

Search radius
🍽️Dining2
🏫Education3
🛒Shopping1
🌳Parks2
Fuel Stations1
Worship2
🏛️Government1

Crime & Safety

Norwood West · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

50%

Kasaysayan ng Benta

Naibenta 9/2019CA$300k–350k
Presyo ng benta

Parehong kalye

Bottom 31%

Parehong lugar

Bottom 32%

Buong lungsod

Top 49%

Related homes

Mga tampok at karaniwang tanong: 174 Ferndale Avenue, Winnipeg

Property Overview: 174 Ferndale Avenue, Norwood West

Key Characteristics & Appeal

This home at 174 Ferndale Avenue is a classic 1927-built property in the established Norwood West neighbourhood. With 1,332 square feet of living space, it offers a comfortably sized interior that is very close to the average for both the immediate street and the wider city, making it a practical choice for a small family, a couple, or a downsizer. Its assessed value of $363,000 sits below the average for Norwood West, potentially representing a more accessible entry point into this desirable area compared to neighbouring homes.

The appeal here is one of balance and location over expansive lot size. The property’s lot is notably smaller than most on the street and in the area, which can be seen as a trade-off: it means less yard maintenance but also less private outdoor space. For the right buyer, this translates to a home in a mature neighbourhood with character, without the burden of a large, demanding yard. It would suit a practical buyer who values neighbourhood charm and a manageable footprint, or an investor looking at the area’s stability. A thoughtful perspective is that a smaller, well-located lot can sometimes allow resources to be focused on renovating and enhancing the interior living space.

Frequently Asked Questions

1. How does the lot size impact this property?
At 3,959 sqft, the lot is smaller than most in Norwood West. This typically means lower maintenance and potentially lower property taxes tied to land value, but it also offers less space for expansions, pools, or extensive gardening.

2. Is the assessed value a reliable indicator of the market price?
The assessed value ($363k) is for municipal tax purposes and is often below current market value. It’s a useful benchmark, showing the home is valued below the area average, but a professional appraisal or comparative market analysis is needed to determine a true listing or sale price.

3. What does the sale history from 2019 tell us?
The home sold for between $300,000 and $350,000 in September 2019. This historical data provides a baseline for how much the property’s value may have appreciated over the last several years, but it does not reflect current market conditions.

4. What are the implications of a home built in 1927?
A home of this age offers classic character and is likely located in a well-established area with mature trees. Buyers should budget for and prioritize a thorough inspection, as older homes may have outdated plumbing, electrical systems, or require insulation upgrades, despite being well-maintained.

5. Who would this property not be suitable for?
This home may not suit buyers seeking a large, private yard for recreation or gardening, or those looking for a brand-new, move-in-ready property without any potential renovation projects. It’s best for those comfortable with the nuances and potential upkeep of an older home.