31 Sagitta Street – Property Summary
Key Characteristics & Buyer Profile
This is a 2022-built home with 1,426 sq. ft. of living space on a 2,550 sq. ft. lot. Its standout feature is the building itself: it’s among the newest homes in Winnipeg (top 1% city-wide for construction year) and the largest on its street (ranked 1st out of 24). The assessed value of $367,000 is close to the street average but notably below the surrounding community average of $443,000, which suggests the home offers newer construction at a price point that doesn’t reflect the higher land values typical of the West Kildonan Industrial area.
The appeal lies in getting a very recent build with a generous interior footprint for its street, without paying a premium for a large lot. Buyers who prioritize move-in condition, modern layout, and efficient use of space over yard size will find this property practical. It would suit first-time homeowners or small families who want something near new and well-priced relative to the neighbourhood, and who don’t need a big garden or extra land. The trade-off is a compact lot that ranks in the bottom 6% city-wide, so it’s less suited for someone looking to expand, landscape extensively, or have significant outdoor room.
Five Possible FAQs
1. How does the property compare to others on the same street?
It ranks 1st out of 24 homes for living area and 8th for assessed value, meaning it’s one of the largest but not the most expensive. Topping out on size while being around the median for price makes it a solid value relative to immediate neighbours.
2. Is the land size a concern?
The lot is 2,550 sq. ft., which is near the street average but significantly smaller than both the community and city averages (over 6,500 sq. ft. city-wide). Expect limited yard space. This is typical for newer infill-style homes in established areas rather than a drawback if you don’t prioritize a large lawn.
3. Why is the assessed value lower than the community average?
The West Kildonan Industrial area has an average assessed value of $443,000, partly driven by older homes on larger lots. This property’s $367,000 assessment reflects its smaller land parcel and possibly a different finish level or floor plan than the higher-end homes nearby. The newer construction still keeps it competitive for its street.
4. What does the “top 1% city-wide for construction year” mean in practice?
It means the home was built in 2022, while the average Winnipeg home dates to 1966. You’re getting modern insulation, electrical, plumbing, and typical energy-efficiency standards, along with a warranty and no immediate need for major replacements. That’s the main draw over older stock.
5. How do the rankings and “progress bar” work?
The coloured bars show how a property compares within its street, community, and the whole city for each metric. A longer bar means it outperforms more homes in that group. For example, the building year bar is nearly full at the city level (top 1%), while the land size bar is very short (bottom 6%). The system uses median values as the baseline for “average.”