Property Overview
This 2016-built bi-level home at 372 Ferry Road offers a modern, low-maintenance living option in Winnipeg's King Edward neighbourhood. Its primary appeal lies in being a relatively new construction in an area dominated by older homes, providing contemporary systems and finishes without the premium often attached to brand-new builds. The 1,078 sqft living space is efficiently laid out and sits above average for both the immediate street and the broader neighbourhood. A key, less obvious characteristic is its land footprint: at 2,471 sqft, the lot is notably smaller than area averages. This translates to minimal yard upkeep—a benefit for some—but limits expansive outdoor space. The home features a renovated basement, adding functional living area, but has no garage.
It would suit first-time buyers seeking a move-in ready, modern home without a hefty price tag, or downsizers looking for a single-level living layout (with basement space) and very little yard maintenance. Its above-average assessed value for the area suggests it is perceived as a solid asset within its immediate context.
Frequently Asked Questions
1. How does the home's age compare to others nearby?
Built in 2016, this home is significantly newer than most in King Edward. It ranks in the top 7% for year built within the neighbourhood, where the average home was built in 1948.
2. Is the living space considered large for the area?
Yes. With 1,078 sqft, the living area ranks in the top 25% on Ferry Road and the top 24% within the King Edward neighbourhood, making it more spacious than most comparable local homes.
3. What should I know about the property size?
The lot is compact at 2,471 sqft, which is below average for the street, neighbourhood, and city. This means lower maintenance but also limited private outdoor space for gardening or expansion.
4. How does its assessed value context inform the asking price?
The home's assessed value ranks in the top 9% for King Edward, indicating it is valued higher than most properties in the area. This typically reflects its newer construction and condition, and can be a useful benchmark when evaluating list price.
5. Where can I find exact historical sold prices?
Exact sold prices are not published in the public listing data. The provider offers to manually share this specific history via email upon request, at no cost and without marketing spam.