Property Overview: 660 Fleet Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Earl Grey is a classic Winnipeg character property built in 1910. With 1,068 sqft of living space, it offers a functional layout that is squarely average for its immediate street and neighborhood, providing a comfortable footprint without excessive upkeep. Its key appeal lies in its established location and its value proposition. The home presents a clear opportunity for buyers seeking an entry point into a mature neighborhood, or for an investor looking for a property with solid fundamentals. The lot, while smaller than area averages, is manageable.
This property would best suit a pragmatic first-time buyer comfortable with a home that has not been recently renovated, or a hands-on owner who sees potential in a vintage structure. It’s not a move-in-ready showhome, but a grounded property where value is derived from location and lot rather than high-end finishes. A thoughtful perspective is that its older age and modest assessment could mean lower property taxes relative to newly built homes in the city, an ongoing cost savings. Its last sale was in 2018 for $21,500, indicating it has been held as a long-term asset, which can sometimes speak to the stability of the immediate area.
Section 2: Frequently Asked Questions
1. What does “one-and-three-quarter storey” mean?
This is a common Winnipeg architectural style where the second floor has slightly less square footage than the main floor, often with sloped ceilings or dormer windows, providing cozy upper-level bedrooms.
2. Is the basement finished?
No, the basement is noted as “not renovated.” Buyers should budget for any desired improvements and consider a thorough inspection for a home of this age.
3. How does the assessed value compare to the last sale price?
The current assessed value is $29,700. It last sold in 2018 for $21,500. This difference highlights that assessed value for tax purposes is not a direct indicator of current market value, which would be determined by today’s conditions.
4. What are the implications of the smaller lot size?
At 2,429 sqft, the lot is below the average for the area. This typically means less exterior maintenance and lower landscaping costs, but may limit options for large additions or extensive outdoor living spaces.
5. What is the neighborhood like?
Earl Grey is a central, established neighborhood. The listing shows homes on the same street with similar vintage, suggesting a streetscape of character homes. Its central location typically offers good access to amenities, schools, and downtown.