Property Overview: 1212 Fernbank Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1212 Fernbank Avenue is a modern property in Winnipeg's Rosser-Old Kildonan area, built in 2024. Its primary appeal lies in its new construction, offering move-in readiness and modern building standards without the wait or uncertainty of a build. With 1,375 sqft of living space, it is notably larger than the average home on its street, providing above-average roominess in its immediate context.
The property presents a compelling value proposition. Its assessed value of $422k is above the street average but below the broader neighborhood average, suggesting you may get more modern home for your dollar here compared to much of the surrounding area. However, the lot size is compact, especially when compared to the typically larger properties in Rosser-Old Kildonan. This creates a specific trade-off: a newer, well-sized home on a smaller parcel of land.
This home would suit first-time buyers or downsizers seeking a low-maintenance, modern property without sacrificing interior space. It’s also a practical choice for those who prioritize a new home with contemporary efficiencies over a large yard. A less obvious angle is its potential as a strategic purchase on a street where it stands out for its size and newness, which could be advantageous for future value in a locale of older, sometimes smaller, homes.
Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
The data suggests a mixed picture. The home's assessed value is above average for its street but significantly below the average for the wider Rosser-Old Kildonan neighborhood. This indicates you are acquiring a newer, above-average-sized home for a price point that sits below the area's typical assessed value, which often reflects older homes on much larger lots.
2. What are the implications of the smaller lot size?
The land area is compact, especially compared to neighborhood averages. This means lower exterior maintenance but less private outdoor space. It's important to consider if this fits your lifestyle, as many properties in this area offer more expansive lots.
3. How does the year built affect potential costs?
Being built in 2024, this home should benefit from modern building codes, energy efficiency, and new warranties on major components. This can translate to lower immediate repair costs and utility bills compared to older homes in the vicinity.
4. What was the actual sold price?
The property sold between October 2024 and April 2025 for an estimated price between CA$350,000 and CA$400,000. The exact sale price is not publicly displayed here due to data source rules, but can be requested directly from the site via email for verification.
5. How does this home rank for living space on its street?
It ranks very well. With 1,375 sqft, it is in the top 12% for living area on Fernbank Avenue, where the average is 1,110 sqft. You are getting more interior space than most of your immediate neighbors.