Property Overview: 749 Fleet Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home in the established Earl Grey neighbourhood offers a practical blend of character and modern updates. Its key feature is a renovated basement, adding valuable finished living space to the home's 1,334 sqft footprint. While the home itself is above average in size for its immediate street, it sits on a modest, city-typical lot, resulting in low-maintenance outdoor space.
The appeal lies in its move-in-ready condition within a mature, central community. It suits first-time buyers or downsizers seeking a character home without a major renovation project, particularly those who value a finished lower level for family space, a home office, or a rental suite potential (subject to zoning verification). A thoughtful perspective for buyers is to recognize that while the lot is smaller, this often translates to less weekend yard work and lower exterior maintenance costs, allowing more time and budget to enjoy the home's interior and the neighbourhood amenities. The recent sale at $250k, significantly above its assessed value, suggests the market recognizes the value of the renovations and location.
Section 2: Frequently Asked Questions
1. What is the true condition of the renovated basement?
While listed as renovated, it's essential to review the specifics: the quality of finishes, whether permits were pulled for the work, and if any moisture-proofing or insulation upgrades were included in the renovation.
2. What are the annual property taxes?
Based on the provided assessed value of $33,800, you can estimate taxes using the City of Winnipeg's current mill rate. A real estate agent or the city's tax calculator can provide a precise figure.
3. Is there potential for further expansion or adding a garage?
Given the below-average land area, expansion options may be limited. Adding a garage would require careful planning due to lot size constraints and would need to comply with local setback bylaws.
4. How does the age of the home (1913) affect maintenance?
While the basement is renovated, a home of this age will likely have older major systems (like plumbing, electrical, or the roof). A thorough inspection is crucial to budget for potential updates that maintain its charm while ensuring modern reliability.
5. What defines the Earl Grey neighbourhood lifestyle?
Earl Grey is a quiet, tree-lined residential area known for its community feel and proximity to parks, the Earl Grey Community Centre, and local schools. It offers a suburban tranquility within the city, appealing to those seeking a stable, family-oriented environment.