Property Overview: 1277 Fernbank Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a modern, well-sized property built in 2023, offering a move-in-ready experience in Winnipeg's Rosser-Old Kildonan area. Its primary appeal lies in its balance of space, modernity, and value within its immediate surroundings.

• Key Characteristics: The 1,384 sqft living area is notably above average for its street, providing more interior space than most direct neighbors. It's a contemporary build, ranking in the top 1% city-wide for its newness. The assessed value of $457k is strong both on its street and across Winnipeg, suggesting a solid perceived value.
• Where Its Appeal Lies: This property stands out on its block as a larger, newer home compared to the street's older average (2002). It offers modern construction benefits—like updated building standards and energy efficiency—without the premium often found in newer neighborhood developments. The lot size (2,856 sqft) is typical for the street, indicating a standard suburban yard rather than expansive grounds, which translates to lower maintenance.
• Ideal Buyer Profile: It would suit buyers seeking a modern home without a custom-build project, particularly those who prioritize interior space and contemporary features over a large lot. It's also a sensible choice for value-conscious buyers looking for a property that outperforms its immediate peers in key metrics like size, age, and assessment, potentially offering good equity positioning on a desirable street.

Section 2: Frequently Asked Questions

1. How does this home's value compare to recent sales?
It last sold between $400k-$450k in May 2023. Its current assessed value of $457k places it above average for both its street and the city, indicating appreciation and a strong market position.

2. Is the lot size a limitation?
The lot is consistent with others on Fernbank Avenue but is smaller than the broad neighborhood and city averages. This is typical for newer infill properties and means less yard maintenance, but may not suit those wanting extensive outdoor space or privacy from neighbors.

3. What does the "Elite" city-wide ranking for year built mean?
Being in the top 1% in Winnipeg for new construction is significant. It means you benefit from the latest building codes, materials, and systems, which can lead to better energy efficiency and lower immediate repair costs compared to the city's typically older housing stock.

4. Why is the home ranked "Below Average" within the Rosser-Old Kildonan neighborhood for size and value?
This reflects the mixed nature of the larger area, which includes many older, larger-lot homes and rural properties. This home is a modern suburban-style house, so it differs from the area's broader historical baseline. Its strengths are more apparent when compared directly to its own street or the city overall.

5. Where can I get verified historical sale data?
The provided sold price is from public records. For a fully verified transaction history and exact sale figures, you must request a manual lookup from the site, as they do not display MLS copyright data.