Property Summary

Key Characteristics & Buyer Profile

This is a 1998-built single-family home on Fleetwood Road in Winnipeg’s Whyte Ridge neighbourhood, with 1,261 sq ft of living space on an 11,197 sq ft lot. The home is assessed at $550,000.

What stands out most is the land. The lot is nearly double the average size on the street (where lots average 5,940 sq ft), and ranks in the top 4% city-wide. For a neighbourhood known for its mature trees and family-oriented layout, a lot of this size opens up real possibilities—expansions, gardens, sheds, or simply more private outdoor space than most comparable homes in the area offer.

The house itself is slightly below average in square footage compared to others on the same street and in Whyte Ridge, but it’s close to the city-wide average. The assessed value sits noticeably above the city norm (top 13%), but roughly in line with the local community average—suggesting the land is the bigger driver of value, not the house size. Built in 1998, it’s newer than most homes city-wide and slightly newer than the local median.

This property would suit buyers who value land over finished square footage—someone willing to renovate, expand, or simply enjoy a generously sized yard in an established suburban setting. It may also appeal to those priced out of newer, larger homes in the same area but still wanting to be in Whyte Ridge. Because the house is modest relative to the lot, there’s potential for a buyer to add value over time without overpaying for a fully finished property.

Five Possible FAQs

1. How does the property’s size compare to others nearby?
The living area at 1,261 sq ft is smaller than the average on Fleetwood Road (1,718 sq ft) and in Whyte Ridge (1,666 sq ft), but close to the city-wide average (1,342 sq ft). The lot size, however, is significantly larger than typical—11,197 sq ft vs. the neighbourhood average of 6,175 sq ft.

2. Is the assessed value in line with the market?
The assessed value of $550,000 is above the city average of $390,000 and slightly above the Whyte Ridge average of $530,000. On the street itself, it’s close to the mean. Keep in mind that assessments reflect a specific point in time and may not exactly match current sale prices.

3. What year was the home built, and how does that affect things?
Built in 1998, it’s newer than most homes in Winnipeg (where the median build year is 1966) and slightly newer than the local average (1994). A 1998 build typically means modern building codes, better insulation, and fewer major system replacements than older homes, though some updates may still be needed depending on prior maintenance.

4. Could this property be expanded or renovated?
The large lot offers room for additions, a garage extension, or outdoor structures, depending on zoning and setback rules. The home itself is modest in size, so there’s potential to increase living space. Any major work would require permits and should be checked against Whyte Ridge’s neighbourhood guidelines.

5. What kind of neighbourhood is Whyte Ridge?
It’s a well-established suburban area in southwest Winnipeg, known for its parks, schools, and family-friendly layout. The area has a mix of older and newer homes, with good access to shopping and major routes. The larger lots here are increasingly uncommon in newer developments, which often prioritize density over yard space.