Property Overview: 925 Fleming Avenue, Winnipeg
This well-situated home in Munroe East presents a solid, value-oriented opportunity. Built in 1958, it features 1,051 sqft of living space on a generous 4,996 sqft lot. The data suggests a property that stands out positively within its immediate context. Its assessed value ranks in the top 20% of the Munroe East area, indicating it is considered above average for the neighbourhood. Similarly, its living space is more spacious than many directly comparable homes on Fleming Avenue. The home last sold in 2016, and its established nature is reflected in its consistent ranking against peers of a similar vintage. The appeal lies in its strong positional value—offering more house and lot for the area's typical assessed value—and its place in a stable, mature community. This property would suit practical first-time buyers, value-focused investors looking for a stable asset, or downsizers seeking a manageable home with ample outdoor space without leaving a familiar neighbourhood type.
Frequently Asked Questions
1. What does the assessed value ranking actually mean for me?
Ranking in the top 20% for assessed value in Munroe East suggests the municipal property assessment views this home more favourably than most in the area. This can be a marker of above-average condition, improvements, or desirability for its specific locale, which is a positive signal, though market price is determined by current buyer demand.
2. How does the living area compare to newer homes?
At 1,051 sqft, the living space is efficient and above average for its immediate street and area. However, it ranks as average city-wide, where newer home averages are larger. This highlights the home's strength as a spacious option for its established neighbourhood, rather than a sprawling property by modern suburban standards.
3. Is the 1958 build date a concern?
The year built is typical for Munroe East. While this means potential for older components like plumbing or electrical, the home's assessed value ranking implies it has been maintained or updated in line with or better than its peers. A thorough inspection is always advised to understand the condition of major systems.
4. What can the 2016 sale price tell me?
The previous sale provides a historical benchmark, showing the home traded in the CA$200k-$250k range nearly a decade ago. This context is useful for understanding long-term market trends in the area, but it does not directly predict the current market value.
5. How accurate is this non-MLS data?
The sold price data is gathered from public sources and is considered reasonably reliable for general research. For complete precision and a verified transaction history, you must request a manual lookup from the site, as MLS data is not displayed due to industry regulations.