Property Overview: 759 Fleet Avenue, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old home in the established Earl Grey neighbourhood. Its primary appeal lies in its generous living space of over 2,000 square feet, which ranks within the top 5% of homes on its street and top 3% within the neighbourhood. This makes it a standout for buyers seeking roominess in a character-filled setting. The home sits on a modest, city-typical lot, emphasizing that the value here is in the interior volume of the two-and-a-half-storey structure itself, not expansive outdoor space. With an assessed value that is above average for its immediate area, it presents as a solid, larger-than-average home in a mature community. It would suit a buyer who prioritizes interior size and classic architecture over a modern build or a large yard, and who is prepared for the realities and rewards of maintaining a 1914 home. The unrenovated basement suggests potential for customization or future expansion, appealing to those with a vision for gradual updates.
Frequently Asked Questions
1. What does "two-and-a-half storey" mean for this home?
This typically describes a home with two full floors of living space and a smaller third floor, often in the roofline (like an attic conversion or smaller top-floor rooms), contributing to its high square footage.
2. How does the lot size impact this property?
The land area is compact compared to many city lots. This means lower maintenance outdoors but limited potential for expansions like a large addition or garage without creative design. The focus is squarely on the existing house.
3. The assessed value seems low compared to the sale price from 2021. Why?
Municipal assessed value for tax purposes often lags behind the current market and is calculated using a specific formula. The sale price from 2021 is a better indicator of its recent market value, showing a premium was paid for its size and location.
4. What are the implications of the home being built in 1914?
You can expect classic charm and sturdy construction, but also should budget for potential updates to older systems like wiring or plumbing. Its age is typical for the charming, established Earl Grey area.
5. How significant is its above-average living space ranking?
It’s a key feature. It means that within its immediate peer group of local homes, this property offers significantly more interior room than most, which is a major advantage for growing families or those wanting dedicated office or recreational space.