223 Fleetwood Road

Whyte Ridge, Winnipeg

79.7

Good

Overall 79.7

Newer than most nearby homes

1,524 sqft (bottom 40%)

Built in 2001 (7 yrs newer than avg)

Located in a high-income area

with median household income of ~138k

Transit 80.0

2-min walk to transit with 3 nearby routes

Within 500m: 1 school, 2 parks, and 4 sports facilitys nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 64%Punjabi · 5%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

79.7 is composed by the two sections below.

Property Score

73.9Good
Living Area1,524 sqft79Good
Year Built200187Excellent
Lot Size4,184 sqft53Fair
Neighbourhood Sales Activity23Low

Community Score

88.3Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (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: #46111170

Community deep dive

$138K

Median household income

$157K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

9%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,035
Labour force participation rate72%
Median age44.0
Avg household size3.1
Unemployment rate8%
Population density1725 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children50%
Median household income (2020)$138K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority39%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Punjabi · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,524 sqft
0255075100
Same streetBottom 27%Same areaBottom 40%CitywideTop 29%
Same street · Fleetwood Road
#38 / 52
Bottom 27% · Avg 1,718 sqft
Same area · Whyte Ridge
#1,435 / 2,382
Bottom 40% · Avg 1,666 sqft
Citywide · Winnipeg
#56,512 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideTop 26%
Same street · Fleetwood Road
#46 / 52
Bottom 12% · Avg 523.1k
Same area · Whyte Ridge
#2,118 / 2,382
Bottom 11% · Avg 529.6k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 6%Same areaTop 14%CitywideTop 17%

Lot Size

below average
4,184 sqft
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 29%

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

223 Fleetwood Road — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 431 m), 2 parks (nearest 264 m).

Search radius
🏫Education1
🌳Parks2
💪Sports4

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 7/2021CA$450k–500k
Sold price

Same street

Top 50%

Same area

Bottom 42%

City-wide

Top 21%

Related homes

Highlights & common questions: 223 Fleetwood Road, Winnipeg

223 Fleetwood Road – Property Summary

Key Characteristics & Buyer Profile

This is a 2001-built home with 1,524 sqft of living space on a 4,184 sqft lot in Whyte Ridge, Winnipeg. Its strongest feature is the construction year—it’s one of the newest homes on Fleetwood Road (top 6%) and significantly newer than the city average (1966). That gives it modern building standards, likely better insulation, windows, and mechanicals than most homes in the area.

What stands out less obviously is the disconnect between size and value. The house is smaller than average on its street and in its neighbourhood, yet its assessed value is below both the street and community averages. That could point to a property that’s priced more for its location and build quality than for square footage—potentially a good fit for buyers who want a newer home without paying a premium for extra rooms or a large yard.

The lot is on the smaller side (bottom 6% on the street, bottom 3% in the community), which may appeal to people who prefer less yard maintenance or who plan to use nearby parks and amenities rather than rely on private outdoor space. Living area is slightly above the city average but below the neighbourhood norm, so it’s a middle-ground option for someone who doesn’t need a sprawling floor plan but doesn’t want a cramped one either.

This property would suit: buyers looking for a relatively new, low-maintenance house in a established suburban neighbourhood; people who value modern construction over lot size or interior square footage; or those who see potential in a home that’s under-assessed relative to its street peers.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The property is assessed at $462,000, which is below both the Fleetwood Road average ($523,000) and the Whyte Ridge average ($530,000). On paper, it looks like a more affordable option within the immediate area.

2. Is this home considered small for the neighbourhood?
Yes, relative to its street and community. It’s 1,524 sqft versus the street average of 1,718 sqft and the neighbourhood average of 1,666 sqft. Nationally, it’s above average (city-wide is 1,342 sqft), so it’s not small by Winnipeg standards—just smaller than its local peers.

3. What’s the land like; is there much outdoor space?
The lot is 4,184 sqft, which is smaller than most in Whyte Ridge and on Fleetwood Road—well below both averages. If you’re looking for a large yard or garden space, this probably isn’t it. But for minimal upkeep or if you prefer shared green spaces nearby, it’s a reasonable trade-off.

4. Why is the build year highlighted as a strength if the house is already over 20 years old?
Because most homes in the area are older. On Fleetwood Road, the average build year is 1995; in Whyte Ridge, 1994; city-wide, 1966. A 2001 home is newer than roughly 85% of properties in the neighbourhood, meaning it likely has more modern systems (HVAC, windows, foundation work) and fewer major updates needed soon.

5. Could this property be a good investment or is it overpriced?
The assessment is below the street and community averages, and the living area is above the city average—those two things don’t often line up. That might suggest the market hasn’t fully factored in the newer construction or that there’s room for appreciation if the home is well-maintained. However, the small lot and smaller floor plan could limit resale appeal for buyers who prioritize space.

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