Property Overview: 725 Fleming Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, mid-century home built in 1957, offering a practical footprint of just over 1,000 square feet on a near-standard 5,000 sqft lot in the Munroe East neighbourhood. Its primary appeal lies in its position as a straightforward, no-frills property within a well-established area. The data suggests it is consistently "around average" compared to its immediate neighbours and local area in terms of size, lot, and age, indicating it fits seamlessly into the existing streetscape.
The home would suit first-time buyers or practical investors looking for an entry point into the Winnipeg market without premium costs. Its assessed value is notably below the city-wide average for homes, which, while reflecting its modest nature, also hints at potential affordability and a lower property tax base. A thoughtful perspective is that this kind of property often represents the essential "bones" of a neighbourhood—it's not a standout, but it is a reliable and functional part of the community fabric. The last known sale was between 2017-2025, suggesting it may have had limited turnover, which can sometimes indicate a stable, long-term area.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it is very typical for Munroe East. Its living area, lot size, and age are all around the 50th-60th percentile locally, meaning it is neither unusually large nor small compared to its closest neighbours.
2. The assessed value seems low. What does that mean?
The assessed value is for municipal tax purposes and is significantly below the city-wide average for homes. This generally translates to lower property taxes, but it also reflects the home's modest characteristics compared to the broader Winnipeg market.
3. What can the past sale price tell me?
The home sold for an estimated $200k-$250k around 2017-2025. This provides a historical benchmark, but for the exact price to inform your offer, you need to request the precise data via the provided email service.
4. Is the lot size a good feature?
At just under 5,000 sqft, the lot is very standard for the area. It offers typical backyard space for the neighbourhood but is not considered large by broader city standards, where average lots are closer to 6,500 sqft.
5. How can I visualize this property in context with its neighbours?
You can use the "Open neighbourhood map analysis" link to see this home plotted alongside nearby properties, comparing metrics like year built, size, and value directly on a map for a clear spatial understanding.