Property score
60.4
Fair
Overall 60.4 · Compared with neighbourhood average
1,202 sqft (top 46%) · Built in 1913 (15 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 34 dining spots, 1 school, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Near average
15 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 3%
Past 10 years Earl Grey sales snapshot (~80% of all data)
529
295k
$299/sqft
1928
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60.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110415
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
685 Fleet Avenue — 48 amenities found within 500 m, across 8 categories, including 34 dining (nearest 314 m), 1 education (nearest 99 m), 1 healthcare (nearest 464 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 21% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 685 Fleet Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-storey home in the established Earl Grey neighbourhood, built in 1913. With 1,202 sqft of living space, it offers a practical layout that is very typical for the area. The property presents a clear value-oriented opportunity, as its assessed value is notably below the average for the street, neighbourhood, and city. This suggests potential for equity growth, especially for a buyer willing to invest in updates over time. The lot is modest in size (2,308 sqft), which translates to lower maintenance—a plus for those seeking a manageable outdoor space.
Its primary appeal lies in its location within a sought-after neighbourhood and the opportunity it represents. It suits a first-time homebuyer or an investor looking for an entry point into a desirable area without a premium price tag. The home is move-in ready but has an unrenovated basement, making it ideal for a buyer who prefers to customize spaces to their own taste and timeline, rather than paying for someone else’s renovations. It’s a property for those who value character and location over modern finishes and who see the benefit in a home that ranks well below average in price for its surroundings.
Section 2: Frequently Asked Questions
1. What does "below average" assessed value really mean for a buyer?
It indicates the city’s valuation for tax purposes is significantly lower than similar homes nearby. This can mean a relatively lower property tax bill and may suggest the home has not been recently reassessed following major improvements, highlighting its potential as a fixer-upper or value purchase.
2. Is the older age (1913) a major concern?
While the home has historic character, its age means prospective buyers should prioritize a thorough inspection. Key focus areas should be the foundation, roof, wiring, and plumbing to understand what updates may be needed. The unrenovated basement allows these systems to be easily examined.
3. Who is this home not suited for?
It is likely not a match for buyers seeking a turn-key, modern property with ample yard space or garage parking. It also may not suit those who want immediate, high-end finishes or who are uncomfortable with the idea of phased renovations.
4. The lot size is noted as "below average." How will this affect me?
The smaller lot is a practical feature: it requires less time and money for landscaping and upkeep. For gardeners or those wanting extensive outdoor recreation space, it may feel limited. For busy professionals or minimalists, it’s an efficient use of space.
5. Can you explain the recent sale price compared to the assessed value?
The home sold for $24,500 in September 2022, which is close to its current assessed value of $23,400. This recent sale provides a concrete market benchmark, suggesting the assessment is aligned with a very recent transaction and reinforcing the property’s position as a lower-priced option in the area.
