Property score
59.5
Fair
Overall 59.5 · Smaller than most nearby homes
900 sqft (bottom 13%) · Built in 1927 (10 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, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
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)
269
425k
$266/sqft
1937
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59.5 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
205 Ferndale Avenue — 21 amenities found within 500 m, across 9 categories, including 10 dining (nearest 289 m), 1 education (nearest 487 m), 3 healthcare (nearest 412 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 16% | Bottom 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 205 Ferndale Avenue, Norwood West
Key Characteristics & Appeal
This 1927 home in Norwood West presents a practical, lower-footprint option in a well-established neighbourhood. At 900 sqft of living space, it is notably more compact than most homes on its street and in the wider area, which typically average around 1,400 sqft. This smaller scale is reflected in its assessed value of $365k, which sits below the local area average but aligns closely with the Winnipeg-wide typical value.
The appeal lies in its efficiency and position within a mature community. The lot, while smaller than area norms at 4,199 sqft, offers manageable outdoor space. Its recent sale history (last sold in the $250k-$300k range in 2022) suggests it has served as a relatively accessible entry point into the market. This property would best suit first-time buyers or downsizers seeking a lower-maintenance home without leaving a central neighbourhood. It’s a pragmatic choice for those prioritizing location and affordability over square footage, offering a chance to own a character home with the understanding that its size is well below the neighbourhood standard.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbours?
Yes. With 900 sqft of living area, it ranks in the bottom 10% for size on Ferndale Avenue itself and is about 500 sqft smaller than the local average, indicating a notably compact layout.
2. How does its value compare to the area?
Its $365k assessed value is below the Norwood West average ($426k) but very close to the city-wide average ($390k). This suggests you are paying for the location within a desirable area, but the price is adjusted for the home's smaller scale.
3. What does the sold price history indicate?
It last sold between $250k and $300k in May 2022. This recent sale supports its role as a more affordable option in the area, though market conditions have likely shifted since.
4. Is the lot size a drawback?
The 4,199 sqft lot is smaller than about 80% of lots in Norwood West. This means less yard maintenance but also less private outdoor space compared to most area homes.
5. Are homes from 1927 a concern?
The age (99 years) is typical for Norwood West, where many homes were built in the 1920s-30s. While this offers character, it necessitates a thorough inspection to understand the condition of original systems and any updates made over time.
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