Property Overview & Key Characteristics
This 1945 one-storey home at 105 Sadler Avenue in Winnipeg's Worthington neighbourhood presents a classic, no-frills opportunity. Its primary appeal lies in its substantial 10,098 sqft lot, which ranks within the top half for size on its street and offers significant potential for expansion, gardening, or outdoor space—a rare find for the area. The 724 sqft living area is compact but ranks surprisingly high compared to many Winnipeg homes. With an unrenovated basement and no garage, the property is a straightforward canvas. Its assessed value is modest and in line with similar homes in the city.
This home would best suit a practical buyer looking for a land-focused investment, a DIY enthusiast ready to customize a home over time, or a first-time purchaser seeking an affordable entry into the market with room to grow on the property itself. It’s less suited for those seeking immediate move-in readiness or modern amenities.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean for a home of this era?
It generally indicates the original foundation and layout are intact, possibly with older finishes and mechanical systems. It presents both a blank slate for finishing and a potential budget item for moisture-proofing or updates.
2. The lot is large, but how does the home's size compare?
The living space is compact at 724 sqft, which is actually above average for Winnipeg overall but smaller than many newer builds. The value proposition here leans heavily on the land, not the square footage of the current structure.
3. What is the significance of the 2017 sale price being much lower than the current assessed value?
The 2017 sale likely reflects the market at that time. The increase to the current assessed value suggests the property has appreciated, which is common, but it's important to note that assessed value is for taxation and may differ from current market value.
4. With no garage, what are the parking options?
The property likely relies on street parking or the potential to create a driveway or parking pad on the large lot, which would be a consideration for future improvement.
5. The home is older; what should be prioritized in an inspection?
Given the age, a thorough inspection of the roof, foundation, electrical wiring, plumbing, and heating systems is essential to understand the condition and anticipate any major upcoming investments.