202 Ferndale Avenue

Norwood West, Winnipeg

Property score

79.4

Good

Overall 79.4 · Larger but older than most nearby homes

1,988 sqft (top 13%) · Built in 1909 (28 yrs older 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: 10 dining spots, 2 schools, 3 healthcare facilitys, and 1 shop nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Below average

28 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

79.4 is composed by the two sections below.

Property Score

72.0Good
Living Area1,988 sqft92Excellent
Year Built190910Low
Lot Size7,197 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

90.6Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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.

Rankings

Living Area

above average
1,988 sqft
0255075100
Same streetTop 12%Same areaTop 13%CitywideTop 11%
Same street · Ferndale Avenue
#12 / 98
Top 12% · Avg 1,431 sqft
Same area · Norwood West
#125 / 992
Top 13% · Avg 1,420 sqft
Citywide · Winnipeg
#21,598 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetTop 17%Same areaTop 22%CitywideTop 22%
Same street · Ferndale Avenue
#17 / 98
Top 17% · Avg 413.4k
Same area · Norwood West
#214 / 992
Top 22% · Avg 426.1k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 6%Same areaBottom 4%CitywideBottom 5%

Lot Size

Elite
7,197 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 15%

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

202 Ferndale Avenue — 22 amenities found within 500 m, across 9 categories, including 10 dining (nearest 322 m), 2 education (nearest 430 m), 3 healthcare (nearest 427 m).

Search radius
🍽️Dining10
🏫Education2
🏥Healthcare3
🛒Shopping1
🌳Parks2
🏦Finance1
Fuel Stations1
Worship1
🏛️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%

Sales History

Sold 7/2019CA$450k–500k
Sold price

Same street

Top 46%

Same area

Top 29%

City-wide

Top 22%

Related homes

Highlights & common questions: 202 Ferndale Avenue, Winnipeg

Property Overview: 202 Ferndale Avenue, Norwood West, Winnipeg

Key Characteristics & Appeal

This home is defined by its generous proportions and rare, sizable lot in a well-established neighbourhood. Built in 1909, it offers nearly 2,000 sqft of living space, placing it comfortably in the top 15% for size both locally and citywide. The standout feature is the 7,197 sqft land area, which ranks in the elite top 5% for Norwood West, offering exceptional outdoor potential. With an assessed value of $488k, it sits above area averages, reflecting its substantial footprint and historic character.

The appeal lies in the unique combination of a classic, century-old home with above-average interior space on a lot that is now uncommon in the city core. It suits a buyer looking for a project or a character home with room to grow, garden, or expand. This property is ideal for those who value privacy and space over new construction, and who are prepared for the realities and rewards of maintaining a heritage property. It represents a solid investment in a tangible asset—land—in a mature neighbourhood, rather than a move-in-ready modern finish.

Frequently Asked Questions

1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than approximately 95% of other lots on Ferndale Avenue and in the broader Norwood West area. This is its most statistically distinctive feature.

2. The home was built in 1909. What should I consider?
While offering classic charm and sturdy construction, a home of this age will likely require diligent maintenance and updates to mechanical systems like wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of any needed work.

3. How does the assessed value relate to the likely selling price?
The assessed value of $488k is for municipal tax purposes and is typically based on past market data. It can be a benchmark, but the actual market price is determined by current conditions, the home's specific state, and buyer demand. It last sold between $450k-$500k in mid-2019.

4. The living space is above average, but the home is very old. Is the layout modern?
Homes from this era often have compartmentalized room layouts rather than contemporary open-concept designs. Buyers should anticipate a traditional floor plan, which can offer defined spaces and character but may require renovation to suit modern living preferences.

5. Can I see the exact historical sale prices?
The site provides sold price ranges for context. To obtain verified, exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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