Property Overview: 788 Fleet Avenue, Earl Grey, Winnipeg

Key Characteristics & Appeal

This home is a classic two-and-a-half storey character property built in 1911, offering generous living space in a well-established neighbourhood. Its primary appeal lies in its above-average, renovated living area of 1,612 sq ft, which ranks within the top 9-11% of homes on its street and in Earl Grey. This suggests a home that feels more spacious than many of its peers. It sits on a standard city lot and features a detached garage. The recently renovated basement adds functional living space.

The data presents a balanced picture: you get a historically charming home with ample room, but it comes with the typical considerations of an older property. Its assessed value is average for the immediate area, which could indicate a fair entry point into the neighbourhood. This property would suit a buyer looking for character and space over modern new construction—someone comfortable with the nuances of a century-old home and who values the mature setting of Earl Grey. It’s a practical choice for those who find appeal in a home with a story and solid square footage, without the premium price tag of a fully modernized or newly built property.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing notes a renovated basement, which adds valuable functional space. Prospective buyers should inquire about the specifics: the quality and year of the renovation, ceiling height, moisture control, and whether it includes a legal secondary suite or is simply finished living/utility space.

2. How does the older year of construction (1911) affect this home?
While offering classic charm, a 115-year-old home requires careful attention. Buyers should prioritize inspections for foundational integrity, updated electrical and plumbing systems, insulation, and the condition of the original windows. The good ranking in living space suggests previous owners have invested in maintaining and improving the home.

3. The assessed value seems low compared to the recent sale price. Why?
The assessed value of $27,800 is for municipal tax purposes and is typically lower than market value. The home sold for $300,000 in February 2025, which is the true indicator of its current market worth. The assessment being "around average" for the street suggests the sale price aligns with the neighbourhood's market.

4. Is the detached garage a standard size, and what is its condition?
The listing confirms a detached garage but does not specify its size or state. This is a key point for verification, as garages of this era can range from well-maintained to needing significant work. It also affects parking and storage logistics.

5. How does the living area compare to nearby reference properties?
This home’s living area (1,612 sq ft) is significantly larger than the listed reference properties on Lilac (1,216 sq ft) and Lorette (1,110 sq ft), highlighting one of its major advantages. This extra space is a defining feature when comparing it to other character homes in the area.