Property score
69.4
Good
Overall 69.4 · Smaller and older than most nearby homes
1,094 sqft (bottom 29%) · Built in 1987 (6 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
15% smaller than neighborhood avg.
Year Built
Below average
6 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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69.4 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
272 Fernbank Avenue — 12 amenities found within 500 m, across 6 categories, including 6 dining (nearest 358 m), 1 shopping (nearest 488 m), 1 parks (nearest 357 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%
272 Fernbank Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This well-situated one-storey home at 272 Fernbank Avenue in Winnipeg's Riverbend neighbourhood presents a practical and comfortable living option. Its key appeal lies in a combination of generous outdoor space and a solid, established community setting. The lot is notably spacious at 4,682 sq ft, ranking in the top 11% on its street, offering ample room for gardening, play, or future expansion. The home itself features a renovated basement, adding valuable finished living space to the 1,094 sq ft main floor. A detached garage provides flexible storage or workshop potential.
Built in 1987, the home is newer than most in Winnipeg but is of a vintage where major components may be due for updates, a factor reflected in its assessed value. It suits first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood. It also appeals to value-conscious buyers who prioritize land size over a newer build, seeing potential in the property's footprint rather than a turn-key finish. The rankings suggest it's a "middle-of-the-pack" property for its area—not the largest or newest, but offering stability without a premium price tag.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify the scope. Viewing is essential to determine the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.
2. How does the assessed value relate to the likely selling price?
The assessed value of $40.30k is for municipal tax purposes and is typically much lower than market value. Market price is determined by recent sales of comparable homes, buyer demand, and the property's condition.
3. The home is older than many on the street. Should I be concerned?
While its 1987 build date is older than 83% of homes on Fernbank Avenue, it is newer than 72% of homes in Winnipeg overall. This indicates a well-established street with newer infill, suggesting a neighbourhood in transition. A thorough inspection is advised to assess the condition of the roof, windows, and major systems.
4. Who would this property not suit?
It may not suit buyers seeking a modern, open-concept layout or those unwilling to undertake potential updates. The one-storey design with a basement also means all living space is on one level, which could be a pro or con depending on needs.
5. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or studio without concerns about noise or fumes entering the house. It also presents future potential (e.g., conversion to a laneway suite, subject to zoning). However, it is less convenient in winter than an attached garage.
