787 Fleet Avenue

Earl Grey, Winnipeg

Property score

49.1

Below average

Overall 49.1 · Smaller than most nearby homes

724 sqft (bottom 7%) · Built in 1927 (1 yr older than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 18 dining spots, 3 schools, 3 healthcare facilitys, and 4 shops nearby

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Near average

1 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

49.1 is composed by the two sections below.

Property Score

26.5Low
Living Area724 sqft22Low
Year Built192720Low
Lot Size3,080 sqft38Low
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

below average
724 sqft
0255075100
Same streetBottom 7%Same areaBottom 7%CitywideBottom 5%
Same street · Fleet Avenue
#288 / 309
Bottom 7% · Avg 1,152 sqft
Same area · Earl Grey
#1,157 / 1,239
Bottom 7% · Avg 1,206 sqft
Citywide · Winnipeg
#184,522 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

around average
323k
0255075100
Same streetTop 46%Same areaTop 40%CitywideBottom 36%
Same street · Fleet Avenue
#141 / 309
Top 46% · Avg 320.8k
Same area · Earl Grey
#499 / 1,239
Top 40% · Avg 319.3k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 42%Same areaTop 31%CitywideBottom 16%

Lot Size

around average
3,080 sqft
0255075100
Same streetBottom 36%Same areaTop 46%CitywideBottom 13%

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

787 Fleet Avenue — 32 amenities found within 500 m, across 7 categories, including 18 dining (nearest 332 m), 3 education (nearest 222 m), 3 healthcare (nearest 305 m).

Search radius
🍽️Dining18
🏫Education3
🏥Healthcare3
🛒Shopping4
🌳Parks1
💪Sports1
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 5/2022CA$350k–400k
Sold price

Same street

Top 20%

Same area

Top 21%

City-wide

Top 42%

Related homes

Highlights & common questions: 787 Fleet Avenue, Winnipeg

Property Overview

787 Fleet Avenue is a compact, one-storey home in Winnipeg's Earl Grey neighbourhood. Built in 1927, its key feature is a renovated basement, adding valuable functional space to the 724 sqft main floor. The property includes a detached garage and sits on a standard city lot of just over 3,000 sqft.

Its primary appeal lies in being an affordable, low-maintenance entry point into a well-established neighbourhood. The renovated basement is a significant asset, effectively doubling the usable living area and offering flexibility for a recreation room, home office, or additional storage. While the living space is notably smaller than area averages, this translates to a lower price point and manageable upkeep.

This home would suit first-time buyers or downsizers seeking a straightforward property in a central location without a major renovation project. It’s a practical choice for those who value location and a modernized foundation (the basement) over square footage, and who may see potential in the detached garage for storage or as a workshop.

Frequently Asked Questions

1. Is the house too small?
At 724 sqft above grade, it is significantly smaller than most area homes. However, the renovated basement provides substantial additional finished space, making the total usable area more comfortable than the main floor alone suggests.

2. What does the "around average" assessed value mean for the price?
The assessed value is typical for the street and neighbourhood, suggesting the asking price should be competitive and aligned with local market norms, not inflated due to the Earl Grey location alone.

3. What are the less obvious pros and cons of an older, smaller home like this?
A thoughtful pro is efficiency: lower utility costs and less time spent on maintenance and cleaning. A potential con is that its compact size and 1927 layout may not suit those who work from home or desire open-concept living without significant alteration.

4. How does the detached garage add value?
Beyond vehicle storage, it provides secure space for tools, bicycles, or a workshop—a valuable asset lacking in many older homes and new infill properties. This offsets some of the limited storage space in the smaller house.

5. The home sold recently in 2022. What should I consider?
The sale two years ago indicates a motivated seller at that time. It’s important to understand what changes, if any, have been made since then and to investigate the reasons for the quick turnaround to ensure there are no underlying issues.

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