Property Overview
1312 Fernbank Avenue is a newly built home in Winnipeg's Rosser-Old Kildonan area. Its primary appeal lies in its modern construction and efficient use of space, offering a move-in-ready home that stands out on its established street.
Key Characteristics & Appeal
This is a 2024-built home with 1,254 sqft of living space on a 2,527 sqft lot. Its standout feature is its newness: it ranks in the top 1% of homes by year built, not just on its street but across the entire city. This translates to modern building standards, energy efficiency, and minimal immediate maintenance.
The home’s appeal is nuanced. While its living area is above average for Fernbank Avenue, it is notably more compact than the typical, often much larger, properties in the wider Rosser-Old Kildonan neighborhood. This creates a specific value proposition: you are purchasing modern quality and convenience rather than expansive square footage or land. The assessed value of $404k reflects this, being above the street average but well below the neighborhood average, suggesting it's priced for its new condition in a more affordable area.
This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home without the premium of a brand-new subdivision. It’s also a practical choice for investors or buyers who prioritize new infrastructure (like plumbing, wiring, and HVAC) over a large yard, as the lot size is smaller than both area and city averages.
Frequently Asked Questions
1. Is this a brand-new build?
Yes. The home was built in 2024, making it one of the newest homes available city-wide. It is essentially a new construction on an existing street.
2. How does the lot size compare to nearby properties?
The lot is 2,527 sqft, which is smaller than the average for both the immediate area and Winnipeg overall. This means outdoor space is limited but may appeal to those seeking easier yard maintenance.
3. Why is the assessed value below the neighborhood average?
The wider Rosser-Old Kildonan area includes many older, larger homes on much bigger lots. This property’s value is driven by its new condition and modern features, while the neighborhood average is skewed higher by properties with more land and living space.
4. Can I get the exact sale history for this home?
The public data provided does not show a detailed transaction history. For fully verified sale figures and a complete history, you must request a manual lookup via email from the listing source.
5. What are the trade-offs of buying such a new home on this street?
The benefit is a modern, efficient home with likely lower upkeep costs. The trade-off is that you get less interior and outdoor space compared to many neighboring properties. You're investing in the quality and age of the structure itself within a mature community.