Property Overview: 662 Fleming Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Munroe East presents a practical and straightforward opportunity. Built in 1957, it is a classic post-war bungalow that aligns with the typical age of homes in the area. The key appeal lies in its efficient use of space and its strong positional value within the local context.
The 1,072 sqft living area is notably above average for both Fleming Avenue and the wider Munroe East neighbourhood, offering more interior space than many immediate comparables. This makes it a practical choice for small families, first-time buyers, or those looking to downsize without feeling cramped. The lot, at 4,496 sqft, is smaller than many on the same street but remains close to the neighbourhood average, providing a manageable yard with less maintenance.
Its assessed value is consistently around the average mark at every comparison level—street, neighbourhood, and city—suggesting it is priced fairly within the current market framework without any immediate red flags or premium outliers. A recent sale between 2023 and 2025 in the $300k-$350k range supports this stable market position.
This property would best suit a value-conscious buyer seeking a move-in-ready home in an established neighbourhood. It’s ideal for someone who prioritizes interior space over a large yard and appreciates a home that represents a median, stable investment in the community rather than a fixer-upper or a luxury purchase.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is a standout feature. At 1,072 sqft, it ranks in the top 11% on Fleming Avenue and the top 26% in Munroe East, meaning it offers more interior space than most direct neighbours.
2. Is the lot size a disadvantage?
While the lot is smaller than many on the same street, it is close to the average for the broader Munroe East area. This translates to less yard maintenance, which could be an advantage for buyers seeking a manageable outdoor space.
3. What does the assessed value tell us?
The assessed value of $30,200 is consistently around the 50th percentile in all comparisons. This indicates the property is viewed as a typical, average-valued home for the area, not an undervalued project or an over-improved asset.
4. The home was built in 1957. Should I be concerned about its age?
The build year is very typical for the neighbourhood. While a home of this age will likely have had systems updated over time, its age is not unusual and suggests a mature streetscape with established infrastructure.
5. How does the recent sale history inform the current value?
The home sold for an estimated $300k-$350k in the 2023-2025 period, placing that sale price in the top 22-27% for the area at the time. This history indicates the property has held its value well relative to its neighbours in the recent market.