Property Overview: 35 West Fernwood Avenue, Norberry, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1927 bungalow in Winnipeg's Norberry neighbourhood, presenting a practical and affordable entry point into homeownership. Its key characteristics are defined by its context: with 864 sqft of living space, it is a compact home, notably smaller than average for both the street and the wider city. This positions it as a lower-maintenance property, potentially appealing for its simplicity and efficiency.
The appeal lies in its value proposition. With an assessed value of $274,000, it sits below the average for Norberry and significantly below the Winnipeg city average, suggesting a relatively accessible price point. The lot size of nearly 5,000 sqft is consistent with others on the street, offering standard outdoor space for the area. The home recently sold (September 2024) within the $250,000–$300,000 range, confirming its position in the market.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, no-frills home in an established neighbourhood. Its smaller size and lower price point make it a manageable commitment. A thoughtful perspective is that while the home is older and smaller than many, it represents a chance to own a character home with a proportional financial footprint, allowing for potential updates over time without the premium of a larger, more modern structure.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 864 sqft, the living area is below average for Norberry (where comparable homes average 1,112 sqft) and well below the Winnipeg city average. It is one of the more compact homes on West Fernwood Avenue itself.
2. Is the assessed value high for the neighbourhood?
No. The $274,000 assessment is below the Norberry average of approximately $332,000 and significantly below the city-wide average, indicating it is a more affordable option within the market.
3. What is the significance of the lot size?
The 4,994 sqft lot is fairly typical for West Fernwood Avenue and is around the average for the Norberry area, providing a standard-sized yard for the community.
4. How recent is the sale data?
The property sold in September 2024. The publicly listed price range is CA$250,000–$300,000. Exact sale figures require a manual lookup request through the site.
5. What should I consider about the age of the home?
Built in 1927, the home is older than most in Norberry and across Winnipeg. This typically means potential for character but also warrants a thorough inspection for the condition of major systems like plumbing, electrical, and the foundation, which may need updating or maintenance.