721 Fleet Avenue

Earl Grey, Winnipeg

Property score

68.8

Good

Overall 68.8 · Larger than most nearby homes

1,614 sqft (top 11%) · Built in 1913 (15 yrs older than avg)

Located in a above-average income area with median household income of ~85k

Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 29 dining spots, 2 schools, 3 shops, and 3 parks nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Near average

15 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 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

68.8 is composed by the two sections below.

Property Score

59.3Fair
Living Area1,614 sqft83Excellent
Year Built191316Low
Lot Size2,297 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

83.1Excellent
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110392

Community deep dive

$85K

Median household income

$90K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

32%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate74%
Median age37.6
Avg household size2.2
Unemployment rate7%
Population density4627 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households32%
Couple families with children26%
Median household income (2020)$85K

Housing

Renter households26%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,614 sqft
0255075100
Same streetTop 9%Same areaTop 11%CitywideTop 25%
Same street · Fleet Avenue
#28 / 309
Top 9% · Avg 1,152 sqft
Same area · Earl Grey
#131 / 1,239
Top 11% · Avg 1,206 sqft
Citywide · Winnipeg
#48,063 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
417k
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 34%
Same street · Fleet Avenue
#32 / 309
Top 10% · Avg 320.8k
Same area · Earl Grey
#141 / 1,239
Top 11% · Avg 319.3k
Citywide · Winnipeg
#66,982 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 21%Same areaBottom 48%CitywideBottom 10%

Lot Size

below average
2,297 sqft
0255075100
Same streetBottom 3%Same areaBottom 3%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

721 Fleet Avenue — 42 amenities found within 500 m, across 7 categories, including 29 dining (nearest 324 m), 2 education (nearest 60 m), 3 shopping (nearest 319 m).

Search radius
🍽️Dining29
🏫Education2
🛒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 7/2016CA$300k–350k
Sold price

Same street

Top 31%

Same area

Top 33%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 721 Fleet Avenue, Winnipeg

Property Overview: 721 Fleet Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic two-and-a-half storey character property built in 1913, located in the established Earl Grey neighbourhood. Its primary appeal lies in offering above-average interior space (1,614 sq ft) for both its immediate street and local area, ranking in the top 10-11% for living area. This suggests a home with generous room layouts, a notable advantage in an older neighbourhood. It sits on a modest, substandard lot, which is a trade-off for its central location.

The property suits buyers looking for a character home with solid "bones" and space, who are comfortable with a vintage build (113 years old) and a basement that is functional but not renovated. The detached garage adds utility. It would appeal to value-conscious buyers who prioritize interior square footage over outdoor land area, and to those who see potential in a home that hasn't been fully modernized. A thoughtful perspective is that the below-average land size can mean less maintenance, which, combined with the strong interior space, creates a efficient footprint for urban living.

Section 2: Frequently Asked Questions

1. What does "above average" living area really mean for this home?
Compared to similar homes on Fleet Avenue and in Earl Grey, this house offers significantly more interior space, ranking in the top 9% and 11% respectively. You are getting more square footage than most comparable properties in the immediate area.

2. How does the age of the home (1913) impact things?
The 1913 build date is older than most homes on its street and city-wide. This typically means classic construction and character, but buyers should budget for and expect updates to major aging components like plumbing, electrical, or the roof, which are not detailed in the provided facts.

3. The land area is listed as "below average." How significant is this?
The lot is notably smaller than typical for the street, neighbourhood, and city, ranking in the bottom 3%. This means a compact backyard and limited potential for expansions like large additions or pools, but also translates to less yard work.

4. Is the assessed value a reliable indicator of market price?
The assessed value ($41.70k) is for municipal tax purposes. The last recorded sale was in 2016 for $33.50k. Neither figure reflects current market value, which is determined by recent sales of similar homes, condition, and market demand. Consult a local agent for a current valuation.

5. What is the immediate neighbourhood like?
The home is on a dense, mature street in Earl Grey, with houses built very close together, as indicated by the proximity of neighbouring addresses (8-23 meters away). This offers a close-knit, urban feel but minimal privacy between properties.

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