Property Overview: 772 Fleet Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in the established Earl Grey neighbourhood. Its primary appeal lies in being a relatively affordable entry point into a desirable area, offering a renovated basement and a detached garage. At 816 sq ft, the living space is notably smaller than average for the street, area, and city, positioning it as a efficient, low-maintenance footprint.
The home suits first-time buyers or downsizers seeking character and location over square footage. Its assessed value is around the average for Fleet Avenue, suggesting a fair valuation within its immediate context. The lot size is standard for the area, providing modest outdoor space. A thoughtful perspective is that this property represents a "value-over-volume" proposition: you're purchasing a renovated, functional home in a prime neighbourhood, with the trade-off being less interior space. It's for those who prioritize community and location, and who may view the smaller size as an advantage for lower utility costs and upkeep.
Frequently Asked Questions
Is the house significantly smaller than others in the area?
Yes. At 816 sq ft, the living area is below the average for comparable homes on Fleet Avenue (1,152 sq ft), in Earl Grey (1,206 sq ft), and citywide (1,342 sq ft). This indicates a cozy, efficient layout.
How does the assessed value compare?
The $280,000 assessment is around the average for Fleet Avenue and Earl Grey, but below the Winnipeg citywide average. This suggests the price reflects the local market and the home's smaller size.
What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent regarding its condition and permitted uses.
Who might this property not suit?
It may not suit buyers requiring multiple bedrooms, dedicated home office space, or larger common areas for entertaining. Growing families or those who work from home full-time might find the space limiting.
Is the 1930 build date a concern?
While the home is 96 years old, its year built is around average for the street. This is typical for Earl Grey. The key consideration would be the condition of major aging components (like plumbing, electrical, and the roof) and the quality of any updates made over time.