Property Overview: 756 Fleming Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Fleming Avenue in Munroe East is a practical, no-frills property that presents a clear value proposition. Built in 1956, its 947 sqft living space is modest and slightly below average for its immediate street and the wider city, indicating a compact, efficient layout. The standout feature is the 4,997 sqft lot, which is notably larger than many on the same street, offering valuable outdoor space relative to the neighbourhood.
Its appeal lies in its affordability and potential. With an assessed value significantly below the citywide average, it represents an accessible entry point into the Winnipeg market. The combination of a larger-than-average lot for the street and a smaller, manageable house creates an interesting dynamic: it suits a buyer comfortable with a cozy interior but who values private outdoor space for gardening, play, or future expansion. This property would best suit first-time buyers, downsizers looking for minimal upkeep, or investors seeking a straightforward rental property. It’s a home for those who see utility over grandeur, where the land itself may hold as much or more value than the existing structure.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the potential purchase price?
The assessed value is for municipal tax purposes and is typically lower than market value. While it indicates a lower-value property, the sale price will be determined by current market conditions. The last known sale was between $200k-$250k in 2017.
2. Is the smaller living area a major drawback?
It depends on your needs. The living area is efficient and may mean lower utility and maintenance costs. For a single person, couple, or small family, it can be sufficient. The trade-off is the larger lot, which provides space that isn’t reflected in the square footage of the house itself.
3. How does the lot size compare meaningfully?
While around average for the broader area, the lot is in the top 21% on Fleming Avenue itself. This means you likely have more yard space than many of your immediate neighbours, which can provide more privacy and room for outdoor activities.
4. As a 70-year-old home, what should I be prepared for?
Homes from this era may require updates to mechanical systems like plumbing and electrical, and likely need insulation and window upgrades for modern energy efficiency. A thorough inspection is essential to budget for any necessary foundational or structural repairs common in older properties.
5. Where can I get more specific data about the neighbourhood and past sales?
The listing references a neighbourhood analysis page for detailed comparisons. For the exact historical sold price, which is not publicly displayed in detail, you must request it directly via the provided email link, as the data is shared manually by the site.