Property Overview: 30 West Fernwood Avenue, Norberry, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in a mature Winnipeg neighbourhood. Built in 1932, it’s a character property with a compact 880 sqft layout on a near-standard 4,993 sqft lot. Its assessed value of $307,000 is very closely aligned with the average for its immediate street, suggesting a fair and stable valuation in its micro-market.
The appeal lies in its positioning as an affordable entry point into the housing market. It suits first-time buyers, downsizers, or investors seeking a manageable property with a classic foundation. A thoughtful perspective is that while the living area is below the city average, its lot size is actually above the city median (Top 57%), offering valuable outdoor space relative to many Winnipeg homes. The data indicates you’re purchasing a home that is typical for its specific block—neither an outlier nor a standout—which can mean less competition and more predictable long-term value within that local context.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 880 sqft, the living area is slightly smaller than the average home on West Fernwood Avenue (~1,000 sqft) and in the wider Norberry area (~1,112 sqft). It offers a more compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($307k) is very close to the recent average sold price on its street (within the $250k-$300k band reported for late 2021). It serves as a solid baseline, though market conditions and the home’s condition will ultimately determine the sale price.
3. What should I consider with a home built in 1932?
While the home’s age is above average for its street, this is typical for established neighbourhoods. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, roof) and potential updates needed.
4. How does the lot size compare?
The lot is just under 5,000 sqft, which is typical for the street and slightly above the median size across the entire city. This is a relative strength, providing decent outdoor space.
5. Where can I find verified past sale prices for this home?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing them directly for a manual lookup.