Property Overview: 260 Fernbank Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,009 sqft bungalow, built in 1987, sits on a 3,901 sqft lot in the Riverbend neighborhood. Its primary appeal lies in its solid positioning as a manageable, mid-century home in a well-established area. The data reveals a property that is consistently "around average" for its specific street in terms of living space, value, and lot size, suggesting it fits seamlessly into its immediate surroundings without standing out as overly large or small.
The home would suit first-time buyers or downsizers looking for a practical entry into a stable neighborhood without the premium price of a newer or larger build. Its assessed value is notably below the Riverbend neighborhood average, which could represent a value opportunity for those content with a home that is functional rather than expansive. A thoughtful perspective is that this property offers the stability of a mature streetscape—homes nearby are of a similar vintage and scale—which can contribute to consistent property maintenance and a settled community feel. However, buyers should be prepared for a home that may require updates reflective of its age.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,009 sqft, the living area is slightly below the average for Fernbank Avenue itself (1,110 sqft) and more notably below the broader Riverbend neighborhood average. This indicates a compact, efficient floor plan typical of many homes on its street.
2. Is the assessed value reasonable for the area?
The assessed value of $364K is around the average for the street but below the neighborhood average. This suggests the valuation is in line with immediate comparables, but you may get more lot and house for your money on other streets in Riverbend.
3. What does the year built (1987) imply?
Built in 1987, this home is older than most on its street and in Riverbend. This typically means potential for dated interior systems or finishes, but also that the major development phase of the area is long complete, lending a mature, established character.
4. How does the lot size impact potential?
The lot is larger than average for Fernbank Avenue, offering more outdoor space than many direct neighbors. However, it is smaller than the typical lot in both Riverbend and Winnipeg overall, which may limit expansion possibilities like a large addition or pool.
5. Where can I find verified past sale prices?
The site provides estimated sold price ranges. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.