102 Sadler Avenue – Property Summary
Key Characteristics and Buyer Profile
This property stands out most for its lot size. At 11,140 square feet, the land ranks in the top 4% citywide in Winnipeg, and in the top 12% on its own street and within the Worthington neighbourhood. For buyers who value outdoor space, room for additions, or simply more privacy between neighbours, this is the property’s strongest asset.
The house itself was built in 1962, which places it slightly newer than average for homes on Sadler Avenue (top 22% on the street), but roughly on par with the neighbourhood and city medians. The living area is 955 square feet—close to the street average, slightly below the neighbourhood average, and notably below the citywide average for comparable homes. This means the house is compact, and the value lies more in the land than in interior square footage.
The assessed value is $315,000, which sits near the average for both the street and the neighbourhood, but well below the citywide average of $390,100 for comparable homes. That gap reflects the smaller living area and possibly the age or condition of the home, but also suggests a relatively affordable entry point for a large lot in a mid-ranked neighbourhood.
Who it would suit: Buyers who prioritize land over indoor space—someone looking to garden, build a workshop, add a secondary suite, or simply enjoy a yard that’s rare for the area. It may also appeal to investors or renovators who see potential to expand the home itself. It is less suited for someone who needs a large finished home right away or who wants a move-in-ready property with modern square footage. The price-to-lot ratio here is favourable compared to many newer or larger homes in the city.
Five Possible FAQs
1. How does the lot size compare to other homes nearby?
It ranks in the top 12% on the street and in the neighbourhood, and in the top 4% across Winnipeg. The lot is significantly larger than the street average of 9,751 sqft and the citywide average of 6,570 sqft.
2. Is the house older or newer than typical homes in the area?
It was built in 1962, which is newer than the average home on Sadler Avenue (where the average build year is 1950) but consistent with the neighbourhood average (1962). Citywide, it falls slightly earlier than the average of 1966.
3. Why is the assessed value lower than the city average for comparable homes?
The assessed value of $315,000 is close to street and neighbourhood averages, but the citywide average for comparable homes is $390,100. This is mainly because the living area (955 sqft) is smaller than the citywide average of 1,342 sqft for similar properties. The value is tied more to the land than the house.
4. What does “comparable homes” mean in these rankings?
It refers to single-family homes with similar characteristics (type, size range, and location tier) used by the city for assessment purposes. The rankings compare this specific property against others in that group, so a “top” ranking means it outperforms similar homes in that category.
5. Could the house be expanded or redeveloped given the lot size?
The large lot suggests potential for expansion, but this depends on local zoning, setback requirements, and any neighbourhood restrictions in Worthington. Buyers interested in adding square footage or building a secondary structure should verify with the city before making an offer.