27 Sagitta Street – Property Summary

Key Characteristics & Buyer Profile

This is a newly built home (2022) with 1,426 sqft of living space on a 2,550 sqft lot, currently assessed at $390,000. The property’s strongest feature is its newness: citywide, it ranks in the top 1% for year built, meaning virtually everything on the market is older. On its own street, it ranks first for living area—so it’s the largest home on the block by a notable margin.

The appeal here is a subtle trade-off. You get a modern, efficient floor plan in a street where most homes are smaller and older, but the lot is tight. Land area ranks in the bottom 6% citywide, consistent with newer infill construction. The assessed value sits slightly above the street average but below the neighbourhood average, which suggests the home is priced competitively relative to older, larger properties nearby.

This property suits buyers who prioritize a newer build and interior space over a large yard. It’s a good fit for first-time homeowners, young families, or empty nesters downsizing from a larger lot who still want modern finishes without maintenance baggage. It may be less appealing to anyone wanting a big garden, workshop space, or room for future additions.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On Sagitta Street, this home is assessed about $31,500 above the street average of $358.5k. In the broader West Kildonan Industrial neighbourhood, it sits roughly $53k below the average of $442.9k—meaning you pay a premium for the street, but the neighbourhood has more expensive homes on larger lots.

2. Is the lot size a dealbreaker for resale value?
It depends on the buyer pool. Citywide, this lot is in the bottom 6%, so resale will appeal to people who value low maintenance and newer construction. Larger families or hobby gardeners will likely pass. The street average lot is 2,655 sqft—very close to this one—so within the immediate context, it’s not an outlier.

3. Why is the living area ranked so high on the street but average citywide?
Sagitta Street has many smaller, older homes. At 1,426 sqft, this house is the largest among 24 properties on the street. But citywide, the median comparable home is 1,342 sqft, so the difference is modest. In a different neighbourhood with newer builds, this size would be unremarkable.

4. What does “neighbourhood level” mean in these rankings?
The neighbourhood (West Kildonan Industrial) is a much larger area that includes both new infill and older, larger homes on bigger lots. Rankings here compare this property against 664 nearby homes. That’s why the living area and assessed value appear “around average”—the neighbourhood mix includes a wider range of property types.

5. Could the assessed value change significantly soon?
The 2022 build means the assessment is based on recent market data. However, if the neighbourhood sees more new construction on larger lots, the relative value could shift. Conversely, if the area remains mostly older stock, this home may hold its premium. It’s worth checking recent sales on Sagitta Street specifically rather than relying on citywide trends alone.