Property score
68.1
Good
Overall 68.1 · Compared with neighbourhood average
1,210 sqft (bottom 34%) · Built in 1944 (7 yrs newer than avg)
Located in a high-income area with median household income of ~104k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
7 yrs newer than neighborhood avg.
Mother tongue
English · 78%French · 14%
Past 10 years Norwood West sales snapshot (~80% of all data)
269
425k
$266/sqft
1937
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68.1 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: #46110555
$104K
Median household income
$137K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
24%
Single-person households
29%
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
40 Ferndale Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 205 m), 3 parks (nearest 167 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 35% | Bottom 49% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 40 Ferndale Avenue, Norwood West, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 40 Ferndale Avenue is a well-established property in Norwood West, built in 1944. With 1,210 sqft of living space on a nearly 6,000 sqft lot, its size is consistently around the average for its immediate street, neighborhood, and the wider city. The assessed value of $440k sits above the Winnipeg average for comparable homes, indicating a perceived value that outpaces many city-wide properties.
The primary appeal lies in its position within a mature, historic neighborhood. A key, less obvious detail is that this 1944 build is actually one of the newer homes on its street, ranking in the top 5% for year built among its direct neighbors, where the average home was constructed in 1929. This suggests a potentially updated infrastructure compared to nearby properties, while still offering the charm and established greenery of an older area. The lot size is also slightly larger than the street average, offering a bit more outdoor space.
This property would suit a buyer looking for a grounded, character-home setting without the extreme maintenance concerns that can come with the very oldest houses in the area. It’s a practical choice for someone who values a stable, long-established community in Norwood West and a home that aligns with—or slightly exceeds—typical city benchmarks for value.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home last sold between $400k-$450k in late 2020. That sale price ranked in the top third city-wide at the time, consistent with its current above-average city-wide assessment.
2. Is the house older than most in Winnipeg?
While it’s an 80-year-old home, it’s actually newer than about 80% of comparable homes across Winnipeg. More notably, it’s significantly newer than most houses on its own street, which may be an advantage.
3. What does the “around average” living area mean for daily life?
At 1,210 sqft, the space is typical for the area. It suggests a comfortable size for a small family or couple, in line with neighborhood norms, but may not offer the expansive rooms found in some larger, newer subdivisions.
4. Why is the assessed value above the city average if the size is average?
Assessment reflects more than square footage. Factors like the desirable Norwood West location, the larger-than-street-average lot, and the property’s condition and relative modernity on its street all contribute to its value.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for reference. Due to industry data rules, exact MLS sale figures are not published online here. You can request the exact sale history via email, and the team will provide it manually.
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