48 Ferndale Avenue

Norwood West, Winnipeg

Property score

69.9

Good

Overall 69.9 · Compared with neighbourhood average

1,370 sqft (top 48%) · Built in 1944 (7 yrs newer than avg)

Located in a high-income area with median household income of ~104k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Near average

3% 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)

Sold Count

269

Median price

425k

$/sqft

$266/sqft

Avg build year

1937

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Property score

69.9 is composed by the two sections below.

Property Score

60.1Fair
Living Area1,370 sqft71Good
Year Built194424Low
Lot Size5,996 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

84.5Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110555

Community deep dive

$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

Population, labour & age

Population (2021)498
Labour force participation rate67%
Median age43.6
Avg household size2.4
Unemployment rate10%
Population density3112 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children29%
Median household income (2020)$104K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority3%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,370 sqft
0255075100
Same streetBottom 45%Same areaTop 48%CitywideTop 37%
Same street · Ferndale Avenue
#54 / 98
Bottom 45% · Avg 1,431 sqft
Same area · Norwood West
#476 / 992
Top 48% · Avg 1,420 sqft
Citywide · Winnipeg
#72,412 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
442k
0255075100
Same streetTop 32%Same areaTop 35%CitywideTop 30%
Same street · Ferndale Avenue
#31 / 98
Top 32% · Avg 413.4k
Same area · Norwood West
#350 / 992
Top 35% · Avg 426.1k
Citywide · Winnipeg
#57,858 / 194,458
Top 30% · Avg 390.1k

Year Built

Elite
1944
0255075100
Same streetTop 5%Same areaTop 39%CitywideBottom 21%

Lot Size

around average
5,996 sqft
0255075100
Same streetBottom 48%Same areaTop 46%CitywideTop 33%

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

48 Ferndale Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 210 m), 3 parks (nearest 177 m).

Search radius
🏫Education2
🌳Parks3
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 8/2022CA$450k–500k
Sold price

Same street

Top 35%

Same area

Top 21%

City-wide

Top 17%

Related homes

Highlights & common questions: 48 Ferndale Avenue, Winnipeg

Property Overview: 48 Ferndale Avenue, Norwood West, Winnipeg

Key Characteristics & Appeal

This home is a well-positioned property in Norwood West, presenting a balanced profile that blends established character with practical metrics. Built in 1944, it is notably newer than many of its immediate neighbors on Ferndale Avenue, which may suggest updated infrastructure or a different architectural era compared to the street's predominantly pre-1930s homes. With 1,370 sqft of living space and a 5,996 sqft lot, it sits comfortably around the average for both the street and the broader neighborhood, offering standard space without extremes.

Its primary appeal lies in its solid, middle-of-the-road fundamentals within a mature community. The assessed value of $442k is above the Winnipeg city average, indicating perceived stability and desirability in its market segment. A key, less obvious perspective is that this home represents a "known quantity" – it doesn't top the charts in size or novelty, but its rankings consistently avoid the bottom tiers, suggesting a reliable investment in a stable setting. It last sold in August 2022 for an estimated $450k-$500k, a price point that performed well against city-wide comparisons.

This property would suit a buyer looking for a move-in-ready home in an established area without the premium or potential surprises of a century-old character home. It’s a practical choice for those who value neighborhood maturity over cutting-edge modernity, and who appreciate a home that aligns closely with area averages for space and value.

Frequently Asked Questions

1. How does the age of this home (1944) compare to others nearby?
On Ferndale Avenue, this home is actually one of the newer properties, ranking in the top 5% for its newer year built compared to the street's average of 1929. In the broader Norwood West neighborhood and city-wide, however, its age is around or slightly below the average.

2. Is the assessed value of $442k typical for the area?
Yes, it's around average for Norwood West and above average for Winnipeg as a whole. On its specific street, it ranks in the top third, indicating it is assessed higher than many direct neighbors.

3. What was the previous sale price?
Records indicate it sold in August 2022. For non-registered users, the sold price is shown as a range of CA$450,000–$500,000. Exact figures require a manual lookup request through the site.

4. How does the lot size compare?
At just under 6,000 sqft, the lot is slightly larger than the average for Ferndale Avenue and typical for Norwood West. City-wide, it is slightly smaller than the average comparable lot.

5. Where can I verify the exact historical sale data?
The site notes that due to industry rules, MLS sold records are not displayed. To obtain fully verified, exact sold prices and transaction history, you must request a manual lookup via email through the site's provided function.

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