16 Fleury Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1956-built home with 1,189 sq. ft. of living space on a 6,383 sq. ft. lot in Winnipeg’s Windsor Park neighbourhood. The standout feature is the lot size: it ranks #1 on Fleury Place (top 5%) and in the top quartile citywide. This means more outdoor space than most comparable properties in the area—a practical advantage for gardening, storage, or future additions. The home itself is older than many nearby (built 1956 vs. a street average of 1956, but the neighbourhood skews newer), and the assessed value of $303k sits below both the street and neighbourhood averages. That gap between lot size and assessed value is interesting: you're paying below the local benchmark for a property that offers above-average land. The living area is also slightly larger than the street average (1,189 vs. 1,073 sq. ft.), so interior space is decent for the price point.
This property would suit buyers who value land over finishings—someone looking for a solid starter home with room to expand, or someone willing to invest sweat equity. It’s less suited to someone wanting a turn-key, contemporary home in a premium-priced pocket. The below-average assessment relative to the neighbourhood suggests either deferred maintenance or a conservative valuation, which could work in a buyer’s favour if they’re comfortable with minor updates.
Frequently Asked Questions
1. How does the lot size compare to other homes in the area?
It’s one of the largest on Fleury Place—ranked first out of 22 homes. Citywide, it sits in the top 24%, well above the average for comparable properties (6,383 sq. ft. vs. a city average of 6,570 sq. ft., but well above the street average of 5,230 sq. ft.).
2. Why is the assessed value lower than the neighbourhood average?
The home is assessed at $303k, while the Windsor Park average for comparable homes is $354k. This could reflect the home's age (1956), condition, or that recent sales in the area have pushed averages higher. It’s worth noting that street-level values also lag (ranked 16/22), so this isn’t an outlier—it’s consistent with how this particular street is valued.
3. Is this a good investment property?
Potentially, if you’re focused on land value. The lot is large and well-ranked, which could appreciate independently of the structure. The below-median assessment also means you’re buying at a lower entry point than much of Windsor Park. However, the home itself is older, so factor in maintenance costs.
4. How old is the home, and does that matter?
Built in 1956, which is actually newer than much of the neighbourhood (average build year in Windsor Park is 1961, but many homes are older). On Fleury Place itself, it’s one of the older homes (ranked 4/22). Age isn’t a dealbreaker, but it’s worth getting a thorough inspection—especially for plumbing, electrical, and foundation.
5. What’s the neighbourhood like for resale value?
Windsor Park is a stable, mid-tier Winnipeg neighbourhood. The property’s lot size and street-level ranking are strong, but the home’s assessment and age are weaker relative to the area. Resale will depend on whether the next buyer sees the same value in the land that you do. It’s not a quick-flip area—more of a long-term hold.