Property Overview
820 Fleet Avenue is a classic two-storey home in Winnipeg's Earl Grey neighbourhood. Built in 1914, it offers 1,153 sqft of living space with a renovated basement. The home sits on a 2,440 sqft lot and does not include a garage or pool. Its most recent sale was in July 2022 for $300,000.
Key Characteristics & Appeal
This home presents a practical entry point into a well-established, central neighbourhood. Its key appeal lies in its balance and location. The living area is squarely average for Earl Grey, offering comfortable space without being oversized, and the renovated basement adds functional living area. While the lot is smaller than many in the city, this can mean less maintenance—a notable perk for busy professionals or first-time homeowners. The assessed value is moderate for the area, suggesting a reasonable tax burden.
It’s a home that suits buyers looking for character without the extensive upkeep of a much larger property. It would fit a first-time buyer, a small family, or an investor seeking a solid rental in a desirable area. A thoughtful perspective is that a smaller, well-placed lot in a mature neighbourhood like Earl Grey often offers greater walkability and community connection than a larger property in newer suburbs. The home’s age means potential for historic charm, but it also calls for a buyer comfortable with the maintenance expectations of a 110-year-old structure.
Frequently Asked Questions
1. How does the lot size impact the property?
At 2,440 sqft, the lot is smaller than the average for both the street and the city. This translates to less yard maintenance but also limited private outdoor space and potential for a tighter feel between neighbouring homes.
2. What does the "renovated basement" entail?
The listing notes a renovated basement but does not specify the scope or quality of finishes. It's essential to verify the work done, whether it includes proper moisture control, and if the renovation added legal living space or simply improved a utility and storage area.
3. Is the lack of a garage a significant drawback?
This depends on lifestyle. There is no garage, so parking is limited to driveway or street. For a household with multiple vehicles or a need for workshop space, this is a consideration. For others, it may be a reasonable trade-off for the location.
4. How does the 2022 sale price relate to current value?
The home sold for $300,000 in mid-2022. Market conditions have shifted since then, so this figure is a historical data point, not a direct indicator of current value. A current market assessment is necessary.
5. What are the implications of the home's age?
Built in 1914, the home is part of Winnipeg's historic fabric. Buyers should budget for and expect maintenance consistent with a century-old home, such as potential updates to plumbing, electrical, or the foundation. A thorough inspection is highly recommended.