45 Ferndale Avenue

Norwood West, Winnipeg

Property score

78.5

Good

Overall 78.5 · Larger but older than most nearby homes

2,216 sqft (top 6%) · Built in 1913 (24 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 schools, 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

56% larger than neighborhood avg.

Year Built

Below average

24 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

78.5 is composed by the two sections below.

Property Score

70.4Good
Living Area2,216 sqft96Excellent
Year Built191316Low
Lot Size4,000 sqft53Fair
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

Elite
2,216 sqft
0255075100
Same streetTop 3%Same areaTop 6%CitywideTop 6%
Same street · Ferndale Avenue
#3 / 98
Top 3% · Avg 1,431 sqft
Same area · Norwood West
#58 / 992
Top 6% · Avg 1,420 sqft
Citywide · Winnipeg
#12,229 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
600k
0255075100
Same streetTop 4%Same areaTop 8%CitywideTop 8%
Same street · Ferndale Avenue
#4 / 98
Top 4% · Avg 413.4k
Same area · Norwood West
#75 / 992
Top 8% · Avg 426.1k
Citywide · Winnipeg
#15,396 / 194,458
Top 8% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 24%Same areaBottom 18%CitywideBottom 10%

Lot Size

below average
4,000 sqft
0255075100
Same streetBottom 13%Same areaBottom 15%CitywideBottom 26%

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

45 Ferndale Avenue — 7 amenities found within 500 m, across 4 categories, including 2 education (nearest 153 m), 3 parks (nearest 122 m).

Search radius
🏫Education2
🌳Parks3
💪Sports1
Worship1

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 8/2019CA$650k–700k
Sold price

Same street

Top 8%

Same area

Top 6%

City-wide

Top 5%
Sold 5/2016CA$500k–550k
Sold price

Same street

Top 31%

Same area

Top 19%

City-wide

Top 16%

Related homes

Highlights & common questions: 45 Ferndale Avenue, Winnipeg

Property Overview: 45 Ferndale Avenue, Norwood West, Winnipeg

Key Characteristics & Appeal

This home at 45 Ferndale Avenue is a study in contrasts, offering a distinct value proposition in Winnipeg's Norwood West neighborhood. Its primary appeal lies in its exceptionally generous living space. At 2,216 sqft, the house ranks in the top 3% on its street and top 6% both neighborhood and city-wide for size, offering far more interior room than typical comparables. This is paired with a high assessed value of $600k, which also places it in the elite tier on its street (top 4%). The data suggests you are purchasing a well-above-average amount of finished living area for the area.

The trade-offs are found in the lot and the home's age. Built in 1913, it is notably older than most homes nearby, and the 4,000 sqft lot is more compact than the area average. This creates a specific profile: a large, classic home on a more manageable, low-maintenance parcel of land. It last sold in 2019 for an estimated $650k-$700k, a price that placed it in the top 8% of the street at the time, indicating a history of premium valuation.

This property would best suit buyers who prioritize spacious interior living over expansive outdoor space, and who appreciate the character and established streetscape of a century-old home. It’s a practical choice for those wanting a large home without the yard work of a larger lot, and for buyers who see value in a home that has consistently commanded prices well above local averages.

Frequently Asked Questions

1. Is the older year of construction (1913) a concern?
While the home is older than most in Norwood West, its consistently high assessed and sold values indicate it has been maintained as a desirable asset. A thorough inspection is essential to understand the condition of major systems, potential updates, and any heritage considerations.

2. The lot is smaller than average. What does this mean practically?
The 4,000 sqft lot means less exterior maintenance and lower landscaping costs. It may limit possibilities for large additions, pools, or extensive gardens, but is often appealing for those seeking a simpler yard. The focus here is squarely on the interior space.

3. How reliable are the sold price estimates shown?
The site states sold prices are based on publicly available internet data with "limited verification." They provide price ranges, not exact figures. For fully verified transaction history and exact sold prices, you must request a manual lookup from their team via email.

4. The assessed value is $600k, but it sold for more in 2019. Why?
Municipal assessed value for taxation purposes often lags behind market value and does not always reflect current sale prices. The 2019 sale price being higher suggests strong market demand for this specific property, likely due to its large living area and location.

5. What does the "Elite" ranking for living area actually tell me?
It quantifies that this home offers significantly more finished space than almost all similar homes on its street and in the broader area. If interior square footage is a key priority, this home is a standout in its peer group, which is a compelling and data-supported feature.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.