53 Sadler Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1945-built home with 800 square feet of living space on a 7,710-square-foot lot, with an assessed value of $222,000. The property sits in the Worthington neighborhood of Winnipeg.
Its strongest feature is the lot size. Citywide, this lot ranks in the top 12%—meaning most comparable homes in Winnipeg sit on smaller parcels. Within the Worthington neighborhood, the lot is around average. This suggests the property offers unusual outdoor space relative to the broader market, which could appeal to buyers who value yard area, gardening, or future expansion potential.
The living area is below average at every level—street, neighborhood, and citywide. At 800 square feet, it’s a compact home. The assessed value also sits below average across all comparisons, which may reflect both the modest interior size and the age of the structure. The 1945 build year places it among the older homes streetwise (around average for Sadler Avenue) but notably older than most homes citywide.
This property would suit a buyer who prioritizes land over interior square footage—someone open to a smaller, older home who wants a large lot in an established neighborhood. It may also appeal to renovators or investors looking for a property with below-market assessed value and room to add value, given the lot size allows for possible expansion or redevelopment (subject to local zoning). First-time buyers on a tighter budget who are handy or willing to take on projects could also find it practical, as the lower assessed value may translate to a more accessible price point.
Five Frequently Asked Questions
1. How does the property compare to others on Sadler Avenue?
On this street, the home is around average in age and living area, but the lot is slightly below the street average (which is 9,751 sqft). Its assessed value is below the street average of $303,100.
2. What’s the significance of the assessed value being below average?
The $222,000 assessed value is below the neighborhood average ($315,300) and citywide average ($390,100). This could mean lower property taxes than many comparable homes, but it may also reflect the smaller living area and older construction. Assessed value isn’t the same as market price, but it often serves as a baseline.
3. Is the lot really that large compared to other Winnipeg properties?
Yes. Citywide, this lot ranks in the top 12% of comparable homes. However, within Worthington, it’s right around the neighborhood average of 7,831 sqft. So it’s typical for the area but generous relative to the city as a whole.
4. What should a buyer know about a home built in 1945?
Homes from this era often have solid construction but may need updates to insulation, electrical, plumbing, or windows. They can also have character features not found in newer builds. Buyers should budget for a home inspection and consider potential maintenance costs.
5. Who would this home be a poor fit for?
Buyers seeking a large, move-in-ready home with modern finishes and ample interior space would likely find this property too small and dated. Families needing more than 800 square feet of living area or those wanting a home in a newer subdivision probably want to look elsewhere.