10 Sagitta Street – Property Summary
Key Characteristics & Buyer Fit
This is a 1,426 sqft home built in 2022, sitting on a 2,656 sqft lot in West Kildonan Industrial, with an assessed value of $391,000. Its standout feature is location within a specific street context: Sagitta Street ranks in the top 4% for living area and top 13% for assessed value among its 24 homes. The house is newer than nearly all properties citywide (top 1% by year built) and has a living area slightly above the city average, but the land area is notably small—in the bottom 7% citywide and below the neighbourhood norm of 3,839 sqft.
The appeal here is less about raw space and more about relative value on a street where homes tend to be smaller and older. Buyers get a newer, moderately larger house on a street where it stands out, without paying a premium for extra land they may not need. This property would suit someone who prioritizes a modern, low-maintenance home in a quiet pocket, and who values being near the top of a small street’s pecking order over having a large yard or being in a top-tier neighbourhood overall. It may also appeal to investors or first-time buyers looking for a newer build that sits well compared to immediate neighbours, even if it’s average within the broader area.
Five Possible FAQs
1. How does the small land size affect usability or resale?
The lot is 2,656 sqft, which is compact by Winnipeg standards—especially compared to the neighbourhood average of 3,839 sqft and citywide average of 6,570 sqft. That means limited outdoor space for gardens, storage, or expansions. Resale may be stronger among buyers who don’t value a large yard, but it could be a limiting factor for families wanting room to grow. The house’s newness and street-level ranking may offset that for the right buyer.
2. Why is the assessed value higher than the street average but lower than the neighbourhood average?
The street average on Sagitta is $358.5k, so this home ranks 3rd out of 24. But the broader West Kildonan Industrial neighbourhood average is $442.9k, meaning many surrounding homes (possibly larger lots or older, more established houses) are assessed higher. This home is a strong value within its immediate street context, but not a standout compared to the wider area.
3. Is the neighbourhood considered up-and-coming, or stable?
The data doesn’t speak to trends, but the rankings suggest a mix. The home is in the top 19% for newness within the neighbourhood, but the neighbourhood itself ranks in the top 64% for living area and top 60% for assessed value—meaning it’s roughly average. West Kildonan Industrial includes commercial and industrial pockets, so the character may be more utilitarian than residential-only. Worth a drive-by to gauge the feel.
4. How does “top 1% citywide for year built” practically matter?
It means this home is newer than roughly 99% of all comparable homes in Winnipeg. That translates to modern building codes, likely better insulation, windows, and mechanical systems, plus lower immediate maintenance costs. It also means less competition from similarly aged homes if you resell—buyers seeking “new without the new-home price” may find it attractive.
5. What’s the catch with a top street ranking but average city ranking?
The street is small (24 homes), so a top ranking there is easier to achieve than a top citywide ranking. The house is genuinely solid for its street, but the neighbourhood and city data show it’s nothing exceptional beyond that. The catch is that the “top 4% on street” statistic can sound more impressive than it is—it’s a localized advantage, not a sign the property is elite citywide.