Property Overview: 279 Ferry Road, Winnipeg
Key Characteristics & Appeal
This two-storey home at 279 Ferry Road in the King Edward neighbourhood stands out for its modern age and above-average living space. Built in 2018, it is a notably newer construction compared to most homes on its street and across Winnipeg. With 1,380 sqft of living area, it offers significantly more interior space than the typical home in King Edward, placing it in the top tier locally. The assessed value is above average for the area, reflecting these attributes.
The primary appeal lies in acquiring a contemporary, low-maintenance structure in an established neighbourhood. It suits buyers looking for a move-in-ready home without the concerns of aging infrastructure common in older houses. It’s particularly well-suited for small families or professionals who value modern builds and more spacious interiors but want to be part of a mature community. A thoughtful perspective is the trade-off: while the house itself is new and spacious, the land parcel is smaller than the city average, suggesting the value is heavily in the building itself rather than the lot size.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,380 sqft, this home is in the top 5-6% for living area within the immediate King Edward area, where comparable homes average just under 955 sqft. It offers substantially more interior space than most local options.
2. Is the basement finished?
No, the basement is noted as existing but not renovated. This presents potential for future expansion but would require investment to finish.
3. What are the parking options?
The listing specifies there is no garage. Buyers should investigate on-street parking regulations or the potential to add a driveway, given the smaller lot size.
4. The home is newer, but how does its value compare?
Its assessed value is above average for both Ferry Road and the King Edward neighbourhood, but around the median city-wide. This indicates you are paying a premium for the modern build and space within this specific locale.
5. What is the historical price trend?
Public data shows it last sold in April 2019 for an estimated range of $305,000 to $335,000. For the exact historical sold price, you can request the information directly via the provided email service.