725 Fleet Avenue

Earl Grey, Winnipeg

Property score

67.4

Good

Overall 67.4 · Larger than most nearby homes

1,555 sqft (top 14%) · Built in 1913 (15 yrs older than avg)

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

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 24 dining spots, 2 schools, 3 shops, and 3 parks nearby

Living Area

Above average

29% 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

67.4 is composed by the two sections below.

Property Score

56.9Fair
Living Area1,555 sqft79Good
Year Built191316Low
Lot Size2,296 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
1,555 sqft
0255075100
Same streetTop 10%Same areaTop 14%CitywideTop 28%
Same street · Fleet Avenue
#32 / 309
Top 10% · Avg 1,152 sqft
Same area · Earl Grey
#177 / 1,239
Top 14% · Avg 1,206 sqft
Citywide · Winnipeg
#53,606 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
319k
0255075100
Same streetTop 48%Same areaTop 43%CitywideBottom 35%
Same street · Fleet Avenue
#149 / 309
Top 48% · Avg 320.8k
Same area · Earl Grey
#527 / 1,239
Top 43% · Avg 319.3k
Citywide · Winnipeg
#126,091 / 194,458
Bottom 35% · Avg 390.1k

Year Built

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

Lot Size

below average
2,296 sqft
0255075100
Same streetBottom 1%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

725 Fleet Avenue — 37 amenities found within 500 m, across 7 categories, including 24 dining (nearest 328 m), 2 education (nearest 71 m), 3 shopping (nearest 321 m).

Search radius
🍽️Dining24
🏫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 3/2022CA$400k–450k
Sold price

Same street

Top 9%

Same area

Top 9%

City-wide

Top 27%

Related homes

Highlights & common questions: 725 Fleet Avenue, Winnipeg

Property Overview: 725 Fleet Avenue, Earl Grey, Winnipeg

Section 1: Key Characteristics & Appeal

This two-and-a-half storey home, built in 1913, presents a classic character property in the established Earl Grey neighbourhood. Its key appeal lies in a generous 1,555 sqft of living space, which ranks well above average for both the street and the area, offering more room than many comparable homes. The property features a detached garage and a full, unrenovated basement.

The home’s standout characteristic is its efficient use of a smaller, 2,296 sqft lot. While the land area is notably compact, this translates to less exterior maintenance—a significant consideration for buyers seeking character without the burden of a large yard. The assessed value is consistent with area averages, suggesting a stable, mid-market entry point into the neighbourhood.

This property would best suit a practical buyer who values interior space over land size. It’s ideal for someone drawn to the charm and location of an older home but who is either comfortable with a basement in its original state or sees it as a blank canvas for future projects. It represents an opportunity to own a spacious, classic home in a central neighbourhood without a premium lot size, potentially freeing up budget for interior updates.

Section 2: Frequently Asked Questions

1. What does "above average" living area actually mean for daily life?
It means the home offers more interior square footage than most similar properties on the street and in Earl Grey. You’re getting a notably roomier floor plan than the typical home in this market segment.

2. The lot size is listed as "below average." How significant is this?
The lot is compact, ranking in the bottom 3% on the street. In practice, this means a very manageable yard but limited private outdoor space. The trade-off is less maintenance and a focus on the home's interior and neighbourhood amenities.

3. The basement is noted as "not renovated." What should I expect?
Expect a functional, utilitarian space typical of a 1913 home. It likely has original foundations, flooring, and mechanical systems. It provides storage and utility space but will require investment to modernize into finished living area.

4. How does the 1913 build year affect the property?
It places the home among the older ones in the city. Buyers should prioritize a thorough inspection for century-home considerations like foundation, wiring, and plumbing, but also appreciate the architectural character that era often provides.

5. The home sold for $430k in 2022, but the assessed value is much lower. Why?
Assessed value for property tax purposes is a municipal calculation and often lags behind market value. The 2022 sale price is a more current indicator of its market worth, reflecting what a buyer recently paid for the home and its location.

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