Property Overview: 95 Fulham Avenue, Old Tuxedo, Winnipeg
Key Characteristics & Appeal
This home at 95 Fulham Avenue presents a compelling opportunity in Winnipeg's established Old Tuxedo neighbourhood. Built in 1940, it is a character home typical of the area, with a living space of 1,479 sqft situated on a 6,343 sqft lot. Its assessed value is $415,000.
The primary appeal lies in its position as a relatively accessible entry point into a prestigious area. While the home's size and value are below the neighbourhood averages—where larger, more valuable estates are common—it sits around or above city-wide averages. This creates a unique value proposition: you acquire the location and prestige of Old Tuxedo without the typical multi-million dollar price tag. The lot size is a notable asset, ranking in the top 25% city-wide, offering ample outdoor space that is a rarity in many parts of the city.
This property would best suit a buyer who values location and land over a modern, expansive footprint. It’s ideal for someone looking to secure a home in a coveted area, possibly as a long-term hold, with the vision to update or expand the existing structure over time. It also appeals to those seeking a character home with generous yard space in a quiet, mature setting, who are comfortable with a property that requires personalization.
Frequently Asked Questions
1. How does this home’s value compare to others in Old Tuxedo?
The home’s assessed value of $415,000 is significantly below the Old Tuxedo area average of approximately $1.15 million. It ranks in the bottom 15% for value within the neighbourhood, which is precisely what makes it a more attainable option in this exclusive area.
2. Is the lot size typical for the area?
No, the 6,343 sqft lot is actually below average for Old Tuxedo, where many properties are on much larger grounds. However, it is above the city-wide average, meaning you still get a very generous yard compared to most Winnipeg homes.
3. What should I consider about the year it was built?
Built in 1940, the home is of a similar vintage to many on its street. Prospective buyers should budget for and prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, which may need updating or maintenance.
4. The data shows a recent sold price range. How can I get the exact figure?
The exact sold price is not publicly displayed due to industry regulations. You can request the precise transaction history by emailing the site administrators, who will provide the verified figures manually.
5. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home with no anticipated projects, or those whose priority is maximum interior square footage. Given its below-average size for Old Tuxedo, it might also not meet the needs of a large family requiring extensive living space from day one.