Property score
80.6
Excellent
Overall 80.6 · Larger than most nearby homes
2,035 sqft (top 11%) · Built in 1941 (4 yrs newer than avg)
Located in a high-income area with median household income of ~125k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, and 1 place of worship nearby
Living Area
Above average
43% larger than neighborhood avg.
Year Built
Near average
4 yrs newer 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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80.6 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
63 Ferndale Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 184 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 42% | Top 39% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
63 Ferndale Avenue is a well-established home in Winnipeg's Norwood West neighbourhood, built in 1941. The property stands out for its generous 2,035 square feet of living space, which places it comfortably within the top 10-11% of homes both on its street and in the wider city. With an assessed value of $525,000, it ranks even higher in terms of valuation, sitting in the top 8% on Ferndale Avenue. The lot is a sizable 5,997 sqft, offering ample outdoor space that is typical for the area.
Key Characteristics & Appeal
The primary appeal of this home lies in its above-average size and valuation within a mature, established neighbourhood. It offers significantly more interior space than most comparable properties, suggesting a layout suitable for a growing family or those who value spacious rooms. Its assessed value, notably higher than area averages, indicates a property that may have seen updates or possesses desirable features not captured in the basic metrics. The lot provides a balanced canvas for gardening, recreation, or potential expansion.
This property would likely suit a buyer looking for a character home in a central neighbourhood who prioritizes interior square footage over a brand-new build. It’s a solid choice for those who appreciate the stability and established greenery of older communities and are prepared for the maintenance that comes with an 85-year-old home. A thoughtful perspective is that while the home is older than the citywide average, it is actually newer than many on its own street, potentially meaning it benefits from slightly more modern construction techniques for its era while still holding the charm of the neighbourhood.
1. How does the assessed value relate to the likely selling price?
The assessed value of $525,000 is for municipal tax purposes. While it is a useful benchmark and indicates the home is a higher-value property in its area, the actual market price can be influenced by current market conditions, the home's interior condition, and recent upgrades.
2. What does the "Top 10%" ranking for living area practically mean?
It means this home is larger than approximately 90% of the homes used for comparison in its immediate area. You are getting more interior space than most homes on the street and in Norwood West, which is a significant advantage for family living or entertaining.
3. The home was last sold in 2016. What can that tell me?
The previous sale nearly a decade ago suggests the sellers have had a long tenure, which can sometimes indicate a well-maintained property and a stable neighbourhood. The sale price range from that time ($400k-$450k) provides a historical benchmark for how values have changed.
4. Are there any concerns with a home built in 1941?
While the home is structurally sound and newer than many on its block, a buyer should budget for and investigate the age and condition of major systems common to homes of this era, such as plumbing, electrical, and the roof. A thorough home inspection is essential.
5. The lot size is noted as "around average." Is that a disadvantage?
Not at all. At just under 6,000 sqft, the lot is very much in line with the generous lot sizes typical of Norwood West. It provides ample private outdoor space without the excessive maintenance of a much larger yard, striking a practical balance.
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