235 Fleetwood Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1997-built home in Whyte Ridge with 1,262 sq. ft. of living space on a substantial 10,220 sq. ft. lot. The property’s standout feature is the lot size: it ranks in the top 10% on its street, top 5% in the neighbourhood, and top 6% citywide. The assessed value of $546,000 is above average locally and well above the citywide median of $390,100, placing it in the top 13% of Winnipeg.

The living area is tighter than what’s typical on Fleetwood Road or in Whyte Ridge—ranking in the bottom 20% on both levels. That’s the trade-off here. The home is newer than most in the surrounding area (top 30% in the neighbourhood, top 19% citywide) but not the newest on the street.

Where the appeal lies: for someone who values outdoor space—gardening, room for kids to play, a workshop, or potential for future expansion—this lot is genuinely rare within the neighbourhood. You’re getting a 1990s home on a piece of land that’s more generous than most in Whyte Ridge and many across the city. The living space is modest relative to the lot, which might suit buyers who prefer to renovate, add on, or simply prioritise yard over square footage.

This property would best suit: buyers who are willing to accept a smaller interior in exchange for an outsized lot in a well-established neighbourhood. It’s less ideal for someone whose top priority is maximum indoor space per dollar. First-time buyers or downsizers who want outdoor room without moving to a rural area may also find it appealing.

Five Possible FAQs

1. Why is the living area small compared to the lot size, and does that affect resale?
The home was built in 1997, and the layout reflects that era’s priorities. The lot is unusually large for Whyte Ridge, so the ratio is imbalanced. Resale depends on the buyer. Some will pay a premium for the land; others will discount the smaller interior. Historically, larger lots in desirable neighbourhoods hold value well, but the home’s square footage may limit upside unless expanded or renovated.

2. How does the assessed value compare to similar homes in the area?
The assessment of $546,000 is above the street average of $523,100 and the neighbourhood average of $529,600. Citywide, it’s well above the $390,100 average, reflecting both the lot premium and the home’s age advantage over older city stock. The ranking suggests the assessment is moderately aggressive for the street but justified by the land.

3. Is the neighbourhood good for families?
Whyte Ridge is generally considered family-friendly, with schools, parks, and relatively quiet streets. The large lot adds flexibility for play structures, gardens, or a future addition. That said, the living area is on the smaller side for a growing family, so you may want to think carefully about long-term space needs.

4. What does “top 5% in the neighbourhood” for lot size actually mean in practical terms?
Out of the 2,382 comparable homes in Whyte Ridge, only about 113 have larger lots. At 10,220 sq. ft., this is roughly 65% larger than the neighbourhood average. That means more privacy, less overlooked by neighbours, and room for things like a detached garage, shed, or extensive landscaping that wouldn’t fit on a standard lot.

5. Would this property be a good candidate for a renovation or addition?
Potentially, yes. The lot size gives you room to expand the footprint without crowding the yard. The home is 28 years old, so systems like roofing, windows, or HVAC may be nearing replacement depending on maintenance. Before committing, check zoning and setback rules with the city. The neighbourhood’s above-average assessments suggest that well-done improvements would likely be recouped.