Property score
56.2
Fair
Overall 56.2 · Smaller than most nearby homes
816 sqft (bottom 9%) · Built in 1938 (1 yr newer than avg)
Located in a high-income area with median household income of ~125k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
1 yrs newer than neighborhood avg.
Mother tongue
English · 76%French · 17%
Past 10 years Norwood West sales snapshot (~80% of all data)
269
425k
$266/sqft
1937
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56.2 is composed by the two sections below.
Property Score
Community Score
Norwood West
How to read: Share of sales in each ~$50k price band for “norwood west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110556
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
191 Ferndale Avenue — 20 amenities found within 500 m, across 9 categories, including 8 dining (nearest 341 m), 1 education (nearest 487 m), 3 healthcare (nearest 466 m).
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%
191 Ferndale Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1938 one-storey home on a generous 4,079 sqft lot in Norwood West presents a classic Winnipeg character property. Its key appeal lies in its established location and the clear potential held in its structure and sizable land. The home itself is modest at 816 sqft, placing it among the smaller homes on the street, but the lot size ranks in the top tier for the area, offering valuable outdoor space and future possibilities. The basement exists but is unrenovated, and the garage is detached. With an assessed value significantly lower than many in the immediate neighbourhood, it suggests an entry point into a sought-after area.
This property would suit a practical buyer looking for a character home to gradually make their own, or an investor seeking a land-hold in a stable neighbourhood. It’s less suited for those seeking immediate move-in condition or maximum interior square footage. A thoughtful perspective is that the lower assessed value, while attractive for taxes, often indicates a need for modernization, so budget for updates should be a primary consideration. The combination of a smaller, older home on a large lot could appeal to someone valuing garden space or future expansion over a large existing footprint.
Frequently Asked Questions
1. What does the assessed value tell me?
The assessed value is for municipal tax purposes and is often lower than market value, especially for older homes. Here, it's notably low compared to neighbours, which can mean lower property taxes but often correlates with the home needing updates.
2. How significant is the lot size?
Very. At over 4,000 sqft, the lot is larger than most in Winnipeg and is a key asset. It provides ample yard space and is a factor for future potential like additions, landscaping, or even redevelopment, subject to zoning.
3. What should I expect with a basement that's "not renovated"?
This typically means it's in original, utilitarian condition—likely concrete floors and walls, with basic mechanical systems. It offers storage and workshop space but would require investment to become a finished living area.
4. The living area is small compared to the lot. Is that a concern?
It's a defining characteristic. It means the existing home is cozy, focusing living space efficiently. The value proposition is the land and location. Buyers should be comfortable with the current square footage or have a plan for a potential future expansion.
5. How does this home compare to others nearby?
The provided comparisons show similar assessed values across the city, but nearby homes on Ferndale and in Norwood West are often larger, newer, or more updated. This positions 191 Ferndale as a more foundational property in the area, offering a different value based on land and location rather than finished living space.
