135 Furby Street – Property Summary

Key Characteristics & Buyer Profile

This 1988-built home sits on a 4,907 sqft lot with 1,920 sqft of living space, assessed at $394,000. The property stands out most clearly at the street and neighborhood levels. It ranks in the top 6% on Furby Street for assessed value (average on the street is $238.5k) and top 7% for being newer—while most homes on the street date from around 1915, this one was built in 1988. That age difference is more than statistical trivia: it means the mechanicals, structure, and layout are likely from a different era than the surrounding stock, which often appeals to buyers who want a house that feels more modern without being in a new subdivision.

The living area is around the street average (1,920 sqft vs. 1,808) and top 13% citywide, but falls slightly below the West Broadway neighborhood average of 2,017 sqft. The land is above average for the street and area—4,907 sqft compared to roughly 3,960 sqft—but sits below the citywide lot average of 6,570 sqft, which reflects Winnipeg’s wider mix of larger suburban lots.

Appeal: The home is a relatively newer build in an older, established neighborhood. The assessed value is significantly above street and area averages, which suggests the house itself (or its condition) is considered more valuable than its neighbors. The lot is generous for the area but not oversized, which may appeal to buyers who want outdoor space without high maintenance.

Suitable for: Buyers who want a single-family home in a central, mature neighborhood (West Broadway) but prefer a more recent construction than the typical pre-war houses nearby. Also suited for someone who values being near the top of the local market in terms of property value, rather than looking for a fixer-upper or entry-level price point.

Five Possible FAQs

1. How does the assessed value compare to the actual market price?
The assessed value is $394,000. Assessment isn’t the same as market value—it’s a municipality’s estimate for tax purposes. That said, ranking top 6% on the street and top 11% in the area suggests this property is considered high-value relative to its immediate peers. Buyers should still compare recent sale prices of similar homes in West Broadway to gauge current market reality.

2. Why is the year built such a strong point for this property?
Most homes on Furby Street and in West Broadway were built around 1915. This house is 1988, which is a 73-year gap. That means it likely has modern electrical, plumbing, insulation, and foundation standards—often a major selling point for buyers who want to avoid the deferred maintenance common in century homes. It’s also less common in this part of the city, so it may hold value differently than older stock.

3. The land area is above average locally but below citywide—what does that mean in practice?
On Furby Street and in West Broadway, lots average about 3,960 sqft, so 4,907 is a noticeably bigger yard. But citywide, many suburban lots exceed 6,500 sqft. For a buyer in this neighborhood, the land is a practical advantage—more garden or parking space than neighbors—without being the kind of large lot that requires constant upkeep or high property taxes.

4. Is the living space at 1,920 sqft considered small or large for this area?
It’s right around the street average (1,808) but below the neighborhood average (2,017) by about 100 sqft. Citywide, 1,920 sqft ranks in the top 13%, meaning it’s considered above average compared to all homes in Winnipeg. So it’s not a small house, but buyers expecting a sprawling interior should note it’s slightly under the local median for West Broadway.

5. What’s the neighborhood like, and is the ranking data misleading?
West Broadway is a central, older neighborhood with a mix of residential and commercial. The rankings show this property outperforms most others on its street and in the area for value and newer construction. But “top 6%” on a street of 188 homes doesn’t mean it’s a luxury property—it means it’s an outlier in a relatively modest context. Buyers should visit the area to see if the street character and surrounding amenities match their expectations.