Property score
61.9
Fair
Overall 61.9 · Smaller than most nearby homes
890 sqft (bottom 7%) · Built in 1991 (2 yrs older than avg)
Located in a high-income area with median household income of ~117k
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
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Riverbend sales snapshot (~80% of all data)
523
460k
$325/sqft
1993
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61.9 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: #46110760
$117K
Median household income
$136K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
14%
Single-person households
42%
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
256 Fernbank Avenue — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 331 m), 1 shopping (nearest 458 m), 1 parks (nearest 380 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 4% | Bottom 13% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 890 sqft home at 256 Fernbank Avenue in Winnipeg's Riverbend neighborhood presents a specific value proposition. Built in 1991, it sits on a slightly larger-than-average lot for its street at 4,289 sqft. Its assessed value of $379k is consistently around the average mark when compared to the street, neighborhood, and city. The home last sold between $250k-$300k in early 2016.
Key Characteristics & Appeal
The primary appeal of this property is its position as a competitively priced entry point into a stable neighborhood. While the living space is notably below average for the area, this is reflected in its assessment, which aligns with broader market averages. The lot size is a relative strength on this particular street, offering potential for outdoor space or future expansion that some neighboring properties lack.
It would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing yard space. It’s a practical choice for those who prioritize location and lot potential over immediate square footage, and who are comfortable with a home that may require updates typical of its age. A thoughtful perspective is that its "below average" size could mean lower utility costs and property taxes relative to larger homes in the same assessment bracket, offering efficiency.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
Its assessed value is very close to the street average. While the house itself is smaller than most on Fernbank Avenue, it compensates with a larger-than-average lot for the street, which may contribute to its valuation.
2. What does the sold price history tell us?
The home sold for between $250,000 and $300,000 in January 2016. This historical data provides a benchmark, but market conditions have likely changed significantly since then. The current assessed value of $379k offers a more recent point of comparison.
3. How does it rank for its size in the broader area?
The living area of 890 sqft ranks below average for the Riverbend neighborhood (top 93%, meaning only 7% of comparable homes are smaller) and for the city overall. This is the home's most defining characteristic.
4. Is the lot size a significant advantage?
On Fernbank Avenue, yes—the lot is larger than the street average. However, within the wider Riverbend neighborhood, the lot is below average. The advantage is primarily localized to its immediate block.
5. How can I get the exact past sold price?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sold figures are not displayed. You can request the exact historical sold price by emailing the site directly for a manual lookup.
