220 Fleetwood Road, Winnipeg — Property Summary

1. Key Characteristics, Appeal, and Ideal Buyer

This is a 1999-built home in Whyte Ridge with a living area of 1,257 sqft on a 4,510 sqft lot. Its assessed value is $475,000.

What stands out is the home’s age relative to its surroundings. It’s newer than most homes on the street (ranked 9th out of 52) and in the neighbourhood, which can mean fewer immediate major updates compared to older nearby properties. The living area, however, is below the street and neighbourhood averages — this is a more compact floor plan for the area. The lot size is also below average for Whyte Ridge, though it’s close to the citywide median.

Its appeal lies in being a balanced, newer home in an established suburb. The assessed value is above the city average but below the local street and neighbourhood averages, meaning it may offer relatively lower property taxes than many of its immediate neighbours while still being part of a higher-value pocket of the city.

Ideal buyers: People who want a newer home without paying a premium for the largest lot or square footage. It suits downsizers, young families, or anyone prioritizing a newer build and lower upkeep over maximum space. It’s less suited for buyers who need a large yard or who expect a floor plan on par with the bigger homes typical of the area.

2. Frequently Asked Questions

1. Is this home considered small for Whyte Ridge?
Yes — the living area and lot size are both below the neighborhood averages. It’s not unusually small citywide, but compared to the typical detached home on Fleetwood Road or in Whyte Ridge, it’s a more compact option.

2. How does the assessed value relate to market price?
The assessed value is $475,000, which is below the street and neighbourhood averages. In many cases, assessed values lag behind market prices, but this gives a starting point. Buyers should compare recent sale data in the area rather than relying solely on this figure.

3. What’s the advantage of a home built in 1999 over older homes in the area?
A 1999 build is generally newer than the neighbourhood median (1994) and the street median (1995). This often means better insulation, updated wiring, and fewer outdated materials (e.g., lead pipes, old knob-and-tube wiring). It’s also old enough that many major systems may have been replaced or refreshed already.

4. Why is the lot size below average but still listed as “around average” citywide?
4,510 sqft is small for Whyte Ridge and Fleetwood Road, where lots tend to be larger. But across all of Winnipeg, this size is closer to the middle of the pack. Citywide, many homes are on smaller lots, especially in older or denser areas.

5. What should I look for when comparing this home to others nearby?
Pay attention to lot size and layout — the home’s footprint may feel tighter than what’s common on the block. But also look at the building quality and any updates from the past 25 years. Newer construction in an older neighbourhood often trades interior space for better mechanicals and energy efficiency.