118 Fleetwood Road — Property Summary
Key Characteristics & Buyer Profile
This is a 1,561 sqft home built in 1994 on a 5,276 sqft lot in Whyte Ridge. What stands out here is how the property compares across different scales. On the street itself, the home is fairly typical—square footage, assessed value, and age all sit close to the average for Fleetwood Road. But zoom out to the city of Winnipeg, and the picture changes: this property ranks in the top 27% for living area and top 16% for assessed value. The lot size is slightly below the neighbourhood average but still in the middle of the pack citywide.
The appeal here is subtle. You’re not buying the biggest or newest house on the street. What you’re getting is a home that holds its own relative to the broader market—above-average living space and tax assessment compared to the city as a whole, without the premium you’d pay for a more exceptional lot or a newer build. It’s a solid, mid-range property in a mature neighbourhood.
This would suit buyers who want a functional home in a established area, and who are less concerned with being the standout on the block. It’s a good fit for someone who values consistency and a stable comparison to citywide averages, rather than chasing the top rankings on the street. First-time buyers or families looking for a practical, middle-of-the-road option in Whyte Ridge would likely find it worth a closer look.
Five Possible FAQs
1. How does the lot size compare to other homes in Whyte Ridge?
At 5,276 sqft, the lot is slightly below the neighbourhood average of 6,175 sqft. On Fleetwood Road, it ranks 16th out of 52 homes—so it’s on the smaller side for the street, but still within a normal range for the area.
2. Is this home newer or older than others in the neighbourhood?
It was built in 1994, which is almost exactly the neighbourhood average of 1994. On the street, it ranks 22nd out of 52 homes, so age-wise it’s right in the middle of the pack for Fleetwood Road as well.
3. Why is the citywide rank for assessed value so much better than the street rank?
The home’s assessed value of $523,000 is very close to the Fleetwood Road average of $523,100—so it’s not remarkable on the street. But citywide, the average for comparable homes is $390,100, which means this property sits well above that baseline. The ranking is strong (top 16%), but it’s driven more by the city’s lower overall average than by the home itself being exceptional.
4. What does “top 67%” mean for living area on the street?
A top 67% rank means the home is in the lower third of Fleetwood Road for square footage. The street average is 1,718 sqft, and this home is 1,561 sqft, so it’s below the typical size for the street. It’s not a small home overall, but relative to neighbours it’s on the modest side.
5. Should I be concerned that the home is “around average” on most street-level metrics?
Not necessarily. Being average on the street often means the home is priced in line with its immediate neighbours, which can make it easier to resell later. The trade-off is that you’re not buying a standout property—so if you’re looking for a house that ticks all the boxes without standing out too much, this could be exactly what you want. The stronger citywide rankings also suggest you’re getting more space or value than you would in many other parts of Winnipeg.