67.8
Good
Property score
67.8
Good
Overall 67.8
Newer than most nearby homes
1,237 sqft (top 50%)
Built in 2014 (21 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 76.0
1-min walk to transit with 1 nearby route
Within 500m: 6 dining spots, 1 shop, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 74%Tagalog · 5%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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67.8 is composed by the two sections below.
Property Score
Community Score
Riverbend
How to read: Share of sales in each ~$50k price band for “riverbend” (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: #46111234
$93K
Median household income
$98K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
16%
Single-person households
31%
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
220 Fernbank Avenue — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 276 m), 1 shopping (nearest 395 m), 1 parks (nearest 448 m).
Riverbend · WPS public data · 2026
Annual incidents
15
2026
vs. city avg
-49%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 220 Fernbank Avenue, Winnipeg
Key Characteristics & Appeal
This 1,237 sqft home, built in 2014, presents a compelling mix of modern convenience and value positioning in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its relative newness; it ranks in the top 1% of homes in Riverbend by year built, suggesting lower immediate maintenance costs and more contemporary building standards compared to the neighborhood's predominantly 1990s housing stock. The living space is efficiently sized, offering more room than most on its street while sitting comfortably at the neighborhood and city average.
The property’s value proposition is nuanced. Its assessed value of $345k is below average for both the street and the broader Riverbend area, which could indicate a price advantage for a buyer. However, this is paired with a notably smaller lot size (2,128 sqft), ranking it near the bottom locally. This creates a clear profile: a modern, turn-key home on a compact, low-maintenance yard. It would suit first-time buyers, downsizers, or investors seeking a newer property without a premium price tag, particularly those who prioritize interior space and building age over extensive outdoor space.
Frequently Asked Questions
1. Is the below-average assessed value a red flag?
Not necessarily. It primarily reflects the home's smaller lot size and may align with its most recent sale price. It can represent a value opportunity, but a professional inspection is always recommended to rule out condition-related issues.
2. What does the very small lot size mean for me?
It translates to minimal yard maintenance, which is a benefit for those seeking a lock-and-leave lifestyle. The trade-off is limited private outdoor space for gardening, play, or expansion, making nearby parks and communal areas more important.
3. As a newer home (2014), what should I check?
While major systems like roofing or windows are likely in good shape, focus on the quality of finishes and any builder-grade components that may be nearing a replacement cycle, such as appliances, HVAC systems, or flooring.
4. How does the recent sale history influence the price?
The home sold between $300k-$350k in early 2023. This recent transaction provides a solid, real-world benchmark for current market value, making pricing more transparent compared to properties with older or no sales history.
5. Who are the typical neighbors?
The street and area feature homes built mostly in the 1980s and 1990s. You would be among the youngest homes on the block, potentially appealing to a mix of long-established residents and newer occupants attracted to the area's maturity.
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