Property Summary: 6 Sagitta Street
Key Characteristics & Buyer Profile
This is a 2023-built home with 1,213 sq. ft. of living space on a 2,656 sq. ft. lot, located in Winnipeg’s West Kildonan Industrial area. Its strongest feature is its construction year: it ranks in the top 1% citywide for newness (built 2023 vs. a citywide average of 1966 for comparable homes), and is the newest house on its street. The living area is slightly above the street average (1,266 sq. ft.) but below the neighbourhood average (1,591 sq. ft.). The assessed value of $373K sits above the street average of $358.5K but below the neighbourhood average of $442.9K—essentially, you’re paying a premium for newness relative to the immediate street, but getting a more modest home relative to the broader area. The lot is compact: at 2,656 sq. ft., it matches the street average but is well below the neighbourhood norm of 3,839 sq. ft. and far below the citywide average of 6,570 sq. ft.
The appeal lies in owning a brand-new, turnkey property in a location where newer builds are rare. The trade-off is clear: you get modern construction and zero deferred maintenance, but the lot is small and the living space is modest compared to what’s typical in the neighbourhood. This would suit a buyer who values low upkeep and a newer floor plan over outdoor space or square footage, and who isn’t looking for a “starter home” to grow into—more someone who wants a compact, efficient home without renovation concerns. It’s also a potential fit for an investor targeting a newer asset in an area with older housing stock, or for someone who prioritizes being on a street where the home ranks well against neighbours.
Frequently Asked Questions
1. How does the property’s value compare to others on the same street?
It’s assessed at $373K, above the street average of $358.5K (ranked 6th out of 24 homes). This reflects the premium for being the newest home on the street.
2. Is the small lot a concern compared to the neighbourhood?
Yes, if lot size matters to you. While the lot is average for the street (2,656 sq. ft.), it’s well below the neighbourhood average of 3,839 sq. ft. and far below most city homes. Expect minimal yard space.
3. How does the living area compare to homes near it?
The 1,213 sq. ft. is slightly above the street average (1,266 sq. ft.) but notably below the neighbourhood average (1,591 sq. ft.). It’s a comfortable size for a couple or small family, but not generous by local standards.
4. What does “top 1% citywide for year built” actually mean in practical terms?
It means the home was built much more recently than nearly all comparable properties in Winnipeg. You won’t face major systems or structural issues for years, and energy efficiency and modern layouts are likely better than older homes—but you’re paying for that advantage.
5. Why is the assessed value lower than the neighbourhood average?
The neighbourhood average ($442.9K) includes larger, older homes on bigger lots. This property’s smaller lot and living space bring its assessment down, even though it’s newer. Rank-wise, it’s around average for the neighbourhood (464th out of 664) and slightly above average citywide.