Key Characteristics & Buyer Profile

This is a 1,077 sqft home built in 1956 on a 5,002 sqft lot, located at 21 Fleury Place in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $340,000.

The property’s main appeal lies in its solid, middle-of-the-road positioning. The living area is slightly above the street and neighbourhood averages, and it ranks well locally for its era of construction—homes on this street tend to be from the mid-1950s, and this one is among the earlier examples on the block. The assessed value is noticeably higher than the street average ($318.8k) but sits below both the neighbourhood ($354.2k) and citywide ($390.1k) averages, suggesting there may be some built-in equity relative to the immediate area.

The lot is smaller than most nearby properties, which could be a limiting factor for buyers wanting expansive outdoor space or future expansion options. This home would suit first-time buyers, small families, or investors looking for a reasonably priced entry into a stable, established neighbourhood. It may also appeal to buyers who prefer an older, character-era home (circa 1950s) and are less concerned with a large yard or a newer build. The street-level performance is decent, but the property is less competitive when compared at the neighbourhood level for lot size and value, meaning it’s a more practical choice for someone prioritizing location over standout specs.

Five Possible FAQs

1. How does this home’s assessed value compare to similar homes nearby?
The assessed value of $340,000 is higher than the average for homes on Fleury Place ($318.8k), placing it in the top 36% on the street. However, it is below the Windsor Park neighbourhood average ($354.2k) and the citywide average for comparable homes ($390.1k). This means you’re paying above the street level but getting a relative discount compared to the broader area.

2. Is a 5,002 sqft lot considered small?
Yes, by local standards. The lot ranks in the bottom 27% on Fleury Place (average 5,230 sqft) and in the bottom 10% in the neighbourhood (average 6,030 sqft). Citywide, it’s closer to average but still slightly below. If a large yard is a priority, this property may feel tight. It’s better suited for those who prefer lower maintenance outdoor space.

3. What does the “1956 build year” tell me about the home?
It’s one of the older homes on the street (ranked #4 out of 22), but comparable to the street average. Within the Windsor Park neighbourhood, it’s older than most (ranking in the bottom 25% for newer construction). Buyers should expect original features typical of a mid-century home, and may want to budget for updates to systems (plumbing, electrical, insulation) depending on what has already been done.

4. Is this property a good investment?
It depends on your goal. The value is below neighbourhood and city averages, and the lot is small—two factors that may limit long-term appreciation compared to larger lots or more central properties. However, the living area is slightly above street average, and the home’s age is consistent with its immediate surroundings, which could mean stable demand from buyers who like the area. It’s a solid, unflashy entry point rather than a high-growth prospect.

5. How was the “Top 36%” ranking calculated?
These rankings compare the property to all other comparable homes within the same category on the street, neighbourhood, or citywide. For example, “Top 36%” on Fleury Place means this home’s living area is larger than 64% of the homes on that street. The same logic applies to assessed value, lot size, and year built. Higher percentages are better for living area and value; newer years and larger lots also rank higher.