603 Fleming Avenue

Property Overview & Appeal

This home at 603 Fleming Avenue in Winnipeg's Munroe East neighborhood presents a solid, no-surprises offering. Its key characteristic is balance: with just over 1,000 square feet of living space and a 5,000 square foot lot, it sits comfortably in the middle range for its immediate area, offering a manageable size for maintenance. The standout figure is its assessed value, which ranks notably above average for both its street and neighborhood, suggesting the property is viewed favorably relative to its local peers. Built in 1956, it is a mature home that aligns with the area's character.

The appeal lies in its established location and straightforward profile. It suits first-time buyers looking for an entry point into a stable neighborhood, or practical downsizers seeking a manageable property without the premium of a newer build. A thoughtful perspective is that its "average" size and "above-average" assessment for the area could indicate a well-kept home in a consistent community, offering predictability rather than dramatic upside or downside.

Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The assessed value of $32,500 is a figure for municipal tax purposes. The last known sold price range (2021) was between $350,000 and $400,000. Market value is determined by current conditions and buyer demand, not the tax assessment.

2. What does the "below average" ranking for year built mean?
This simply means that on its specific street and in Munroe East, many homes were built later than 1956. It does not speak to the condition of the home itself, but indicates you are considering a mature property typical of the area's construction period.

3. Is the lot size sufficient for additions or a large garden?
At 4,966 sq ft, the lot is slightly below average for the street but typical for the neighborhood. It provides standard backyard space for a family home, but any significant expansion would require checking current zoning bylaws and setback requirements.

4. Why is the city-wide average living area much larger?
The city-wide average (1,342 sq ft) includes many newer suburban homes. This property's size is much more aligned with the ~1,010 sq ft average for both its street and neighborhood, reflecting the more modest scale of this established community.

5. How can I find out the exact historical sold price?
The precise sale price is not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the source, which manually provides the exact figure from recorded data.