119 Fleetwood Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,750 sqft home built in 1993 on a 5,274 sqft lot in Whyte Ridge. The living area is slightly above the citywide average for comparable homes (1,342 sqft), placing it in the top 19% citywide. However, it sits near the middle of the pack on Fleetwood Road and within its own neighbourhood, where average living areas are 1,718 sqft and 1,666 sqft respectively. The assessed value of $514k follows a similar pattern: it’s well above the citywide average of $390k (top 18%), but close to the street and neighbourhood averages ($523.1k and $529.6k). The lot is somewhat smaller than typical for the area—the neighbourhood average is 6,175 sqft, and the street average is 5,940 sqft—though it’s still close to the citywide median.
The appeal here is balance. You’re getting a home that’s solidly above average for Winnipeg as a whole, yet priced and sized in line with its immediate surroundings. It’s not the standout on the block, nor is it an outlier. That makes it a practical choice for buyers who want a well-located, newer-construction home (1993 is newer than most citywide, where the average is 1966) without paying a premium for being the biggest or most recently updated house on the street. It would suit someone who values consistency and comparability—perhaps a family moving within the same price bracket, or a buyer who wants reassurance that the home’s value isn’t driven by one-off features. The smaller lot might appeal to those who prefer lower maintenance, though it’s worth noting that if yard space is a priority, there are larger options nearby.
Frequently Asked Questions
1. How does this home compare to others on Fleetwood Road specifically?
It’s very much an average home on this street. The living area, assessed value, year built, and lot size all rank within the middle tier—between the 42nd and 60th percentile. Nothing stands out as unusually high or low relative to immediate neighbours.
2. Is the lot size a concern?
Not necessarily, but it is smaller than both the street and neighbourhood averages by about 10–15%. If you’re used to a typical Whyte Ridge lot, this one will feel compact. For citywide standards, it’s close to the median, so it’s not unusually small overall.
3. Why is the assessed value above the city average but right in line with the neighbourhood?
Assessed values in Whyte Ridge are generally higher than the citywide baseline. This home reflects that local market condition, not an exceptional feature of the property itself. It’s priced where you’d expect a Whyte Ridge home of this size and age to be.
4. What’s the advantage of a 1993 build over older homes in Winnipeg?
1993 is newer than about 80% of homes citywide, where the average build year is 1966. That means you’re likely getting better insulation, wiring, and foundation standards than many older homes, without the premium of a brand-new build. It’s a solid middle ground.
5. Is this a good investment property or better for owner-occupancy?
It leans more toward owner-occupancy. The home is very typical for its street and neighbourhood, which limits upside potential for quick appreciation but also reduces downside risk. For an investor, the lack of standout characteristics might make it harder to command above-market rent. For someone planning to live here, it offers predictability and a stable resale profile.