26 Sagitta Street: Property Summary

Key Characteristics & Buyer Profile

This is a 1,213 sqft home built in 2023 on a 2,656 sqft lot in Winnipeg’s West Kildonan Industrial area. Its standout feature is age—the property ranks in the top 1% citywide for newness, making it one of the newest homes in a market where the average citywide build year is 1966. The assessed value sits at $346,000, slightly below the city average, which is unusual for a brand-new build and suggests the home is priced for practicality rather than premium finishes.

The appeal lies in a trade-off. You get a modern home with current construction standards in a neighborhood where most properties were built three decades earlier. The lot is compact—below average for both the area and city—so outdoor space is limited. Living area is around the city median but undersized relative to the neighborhood average of 1,591 sqft. This property suits a buyer who values a move-in-ready, low-maintenance home with minimal renovation risk, and who prioritizes new construction over square footage or a large yard. First-time buyers, downsizers, or investors seeking a turnkey rental with modern infrastructure would be a natural fit.

Five Possible FAQs

1. How does the assessed value compare to similar new builds nearby?
The $346,000 assessment is below the street average ($358,500) and well under the neighborhood average ($442,900). This likely reflects the home’s smaller living area and lot size relative to surrounding properties, rather than a quality issue.

2. Is the land area unusually small for the area?
Yes. At 2,656 sqft, the lot is on par with other homes on Sagitta Street (top 17%), but dramatically smaller than the West Kildonan Industrial average of 3,839 sqft. Citywide, it falls in the bottom 7% for lot size. Expect a modest yard with limited expansion potential.

3. What does the “top 1% citywide” for year built actually mean in practice?
It means this home is newer than 193,000+ other properties in Winnipeg. The practical difference is modern insulation, electrical systems, windows, and likely lower immediate maintenance costs. It also means the home has not yet developed the settlement or wear typical of older stock.

4. Why is the neighborhood ranking so high for assessed value (top 88%) if the home’s value is below average?
The ranking indicates that most homes in West Kildonan Industrial are assessed significantly higher. A “top 88%” ranking here actually means the property falls well below the neighborhood median. This is common when a newer, smaller home sits in an area with many larger, older, or higher-value properties.

5. How should I interpret the ranking system used in the data?
Each metric (living area, value, year, land) is ranked against three scopes. A “top” percentage means you outperform that share of comparable homes. For example, “Top 29%” on street living area means you’re larger than 71% of nearby houses. For land and value, smaller percentages are better—but check the average, not just the rank. A “top” rank can still mean below-average size if the neighbors are all much larger.