686 Fleet Avenue

Earl Grey, Winnipeg

Property score

59.6

Fair

Overall 59.6 · Newer than most nearby homes

1,046 sqft (bottom 33%) · Built in 1949 (21 yrs newer than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 31 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

21 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.6 is composed by the two sections below.

Property Score

47.7Low
Living Area1,046 sqft52Fair
Year Built194930Low
Lot Size3,583 sqft46Low
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

around average
1,046 sqft
0255075100
Same streetBottom 40%Same areaBottom 33%CitywideBottom 33%
Same street · Fleet Avenue
#184 / 309
Bottom 40% · Avg 1,152 sqft
Same area · Earl Grey
#833 / 1,239
Bottom 33% · Avg 1,206 sqft
Citywide · Winnipeg
#131,004 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
299k
0255075100
Same streetBottom 41%Same areaBottom 48%CitywideBottom 29%
Same street · Fleet Avenue
#183 / 309
Bottom 41% · Avg 320.8k
Same area · Earl Grey
#643 / 1,239
Bottom 48% · Avg 319.3k
Citywide · Winnipeg
#138,166 / 194,458
Bottom 29% · Avg 390.1k

Year Built

above average
1949
0255075100
Same streetTop 30%Same areaTop 18%CitywideBottom 27%

Lot Size

above average
3,583 sqft
0255075100
Same streetTop 45%Same areaTop 27%CitywideBottom 20%

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

686 Fleet Avenue — 44 amenities found within 500 m, across 8 categories, including 31 dining (nearest 282 m), 1 education (nearest 111 m), 1 healthcare (nearest 410 m).

Search radius
🍽️Dining31
🏫Education1
🏥Healthcare1
🛒Shopping3
🌳Parks3
💪Sports1
Fuel Stations2
Worship2

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 3/2021CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 37%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 686 Fleet Avenue, Winnipeg

Property Overview: 686 Fleet Avenue, Earl Grey, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in the established Earl Grey neighbourhood presents a straightforward, value-oriented opportunity. Built in 1949, it is notably newer than many homes on its street and in the area, potentially suggesting fewer concerns related to very old infrastructure. With 1,046 sqft of living space and a 3,583 sqft lot, its size is comfortably average for the immediate locale, offering manageable space without being oversized.

The home’s primary appeal lies in its positioning as a grounded entry point into a desirable neighbourhood. Its assessed value is modest, especially when viewed citywide, indicating a lower property tax burden relative to many Winnipeg homes. The presence of a detached garage and a full (though unrenovated) basement adds practical utility. This property would suit first-time buyers seeking neighbourhood character over a modern turn-key home, or practical investors looking for a rental property with a stable, long-term footprint in a central area. It’s a home that asks for a buyer’s vision, offering the fundamentals—location, lot, and structure—upon which to build equity.

Frequently Asked Questions

1. How does the home’s assessed value compare to its likely market price?
The assessed value is significantly lower than the home’s last sold price in 2021 ($280k). Assessments in Manitoba are primarily for tax purposes and often don’t reflect current market value. Buyers should rely on a comparative market analysis from their agent for pricing.

2. What does “above average” for year built really mean for a 77-year-old home?
While 1949 is not new, it is above the average build year for Earl Grey (1928) and Fleet Avenue (~1935). This suggests the core structure may be younger and potentially in different condition than many of its older neighbours, which could be an advantage.

3. The basement is noted as “not renovated.” What should I expect?
This typically indicates an original or utilitarian space with concrete floors, basic walls, and fundamental mechanical systems. It offers ample storage and potential for future development but will require a significant investment to finish.

4. Is the lot size a pro or a con?
At 3,583 sqft, the lot is above average for Earl Grey, providing good outdoor space for the neighbourhood. However, it is below the citywide average, reflecting the denser, mature nature of the community. It’s a relative strength within its context.

5. Who is the typical buyer for a home like this?
Given its profile, the most likely buyers are those prioritizing location and lot over move-in-ready condition. This includes first-time buyers with renovation plans, downsizers seeking a manageable property in a mature area, or investors attracted by the stable rental demand in established neighbourhoods.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.