595 Fleet Avenue

Earl Grey, Winnipeg

Property score

47.5

Below average

Overall 47.5 · Smaller and older than most nearby homes

872 sqft (bottom 20%) · Built in 1910 (18 yrs older than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 32 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 3%

Past 10 years Earl Grey sales snapshot (~80% of all data)

Sold Count

529

Median price

295k

$/sqft

$299/sqft

Avg build year

1928

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Property score

47.5 is composed by the two sections below.

Property Score

27.5Low
Living Area872 sqft32Low
Year Built191010Low
Lot Size2,310 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

77.4Good
Household Income74Good
Education Level82Excellent
Housing Stress74Good
Core Housing Need76Good
Employment Health90Excellent

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110415

Community deep dive

$75K

Median household income

$81K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

38%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)566
Labour force participation rate82%
Median age36.0
Avg household size2.1
Unemployment rate9%
Population density3537 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households38%
Couple families with children14%
Median household income (2020)$75K

Housing

Renter households35%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
872 sqft
0255075100
Same streetBottom 21%Same areaBottom 20%CitywideBottom 14%
Same street · Fleet Avenue
#244 / 309
Bottom 21% · Avg 1,152 sqft
Same area · Earl Grey
#989 / 1,239
Bottom 20% · Avg 1,206 sqft
Citywide · Winnipeg
#167,021 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

below average
175k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 5%
Same street · Fleet Avenue
#308 / 309
Bottom 1% · Avg 320.8k
Same area · Earl Grey
#1,231 / 1,239
Bottom 1% · Avg 319.3k
Citywide · Winnipeg
#184,187 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 8%Same areaBottom 20%CitywideBottom 6%

Lot Size

below average
2,310 sqft
0255075100
Same streetBottom 16%Same areaBottom 11%CitywideBottom 2%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

595 Fleet Avenue — 41 amenities found within 500 m, across 7 categories, including 32 dining (nearest 120 m), 1 education (nearest 371 m), 1 healthcare (nearest 471 m).

Search radius
🍽️Dining32
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations2
Worship1

Crime & Safety

Earl Grey · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 1/2023CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 595 Fleet Avenue, Winnipeg

Property Overview

This 872 sqft, one-and-a-half storey home, built in 1910, sits on a 2,310 sqft lot in Winnipeg's Earl Grey neighbourhood. Its key characteristic is its exceptionally low assessed value, which is among the lowest in the city. The home has a basement that has not been renovated and does not include a garage or pool.

The primary appeal lies in its position as a true entry-point into the Winnipeg housing market, particularly for a mature, established neighbourhood. It represents a minimal property tax burden and a low-cost opportunity for a hands-on buyer. This property would suit a specific type of buyer: an investor looking for a rental property with very low carrying costs, or a highly budget-conscious first-time buyer or renovator with the skills, time, and capital to modernize the home over time. It's not a move-in-ready option, but a foundational project.

A less obvious perspective is its potential as a "lot value" play. The home's value is almost entirely in the land within a desirable area, offering long-term redevelopment potential. Additionally, its modest size and low overhead could appeal to someone seeking extreme financial simplicity or a minimalist lifestyle in a central location.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes?
The assessed value reflects the property's current state, age, and smaller size relative to others. It indicates the home likely requires significant updates and modernization, which is factored into the official valuation.

2. What does "basement, not renovated" typically mean?
It suggests the basement is in original or functional condition, but not finished as modern living space. Buyers should budget for potential updates to foundations, insulation, moisture control, and mechanical systems.

3. Is this a good neighbourhood for a first-time buyer?
Earl Grey is a mature, established neighbourhood with character. For a first-time buyer, it offers a central location. The suitability depends on the buyer's appetite for a project home, as this property requires more investment in sweat equity or renovation funds than a typical starter home.

4. How does the small lot size affect the property?
The lot is below average in size for the area. This means lower maintenance but may limit expansion possibilities like a large addition or garage. The focus is on the existing home's footprint.

5. The home sold recently in 2023. What does that indicate?
The recent sale suggests the property is likely being turned over fairly quickly. It underscores its role as an entry-level or investment property. Reviewing the past sale price can provide insight into current market momentum for such unique, value-driven listings.

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