Property Overview: 644 Fleming Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 644 Fleming Avenue in the Munroe East neighborhood presents a solid, average-sized offering for Winnipeg’s residential market. Built in 1958, the house is slightly older than many on its own street but aligns with the typical age of homes in the wider area. With 1,035 square feet of living space on a just-under 5,000 sqft lot, its proportions are very typical for the local context, offering comfortable space without being oversized.

The primary appeal lies in its established neighborhood setting and its recent sale history, indicating strong market activity. The home sold in 2024 within the $350k-$400k range, a price point that performed well compared to local and city-wide averages. This suggests a property that is both accessible and in demand. The assessed value is notably lower than the recent sale price, which is a common dynamic in active markets and may be a point of discussion for buyers.

This property would best suit pragmatic first-time homebuyers or investors looking for a straightforward, mid-century home in a stable area. It’s for someone who values a neighborhood’s established character over a brand-new build and is comfortable with a home that requires expected maintenance for its age. The data suggests it’s not an outlier in any particular metric—neither the largest nor the smallest, newest nor oldest—making it a representative and manageable entry into homeownership.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the 2024 sale price?
This is a common situation in many real estate markets. The assessed value is set by the municipal government for taxation purposes and often lags behind current, dynamic market conditions where buyer demand directly sets sale prices.

2. What does the "above average" ranking for Year Built on the street mean?
The data shows this home (built 1958) is in the top 29% for year built on Fleming Avenue, meaning it is newer than many of its immediate neighbors. This could indicate the street has a mix of older and slightly newer homes, with this one on the newer side of that spectrum.

3. How does the lot size compare to a typical Winnipeg lot?
At 4,996 sqft, this lot is slightly below the city-wide average of about 6,570 sqft but is very much in line with the typical lot size in the Munroe East neighborhood, which averages just under 5,000 sqft.

4. What can the recent sale price tell me about the area?
The home’s sale in the $350k-$400k range ranked in the top 9-12% for its area and street, indicating that this price point was competitive and desirable in Munroe East at that time, reflecting positively on the immediate location.

5. Where can I see more context about this specific street and neighborhood?
The listing references a "neighbourhood analysis page" that maps nearby properties, allowing for direct visual comparison of year built, lot size, and assessed values with the surrounding houses. This provides deeper context than city-wide averages.