155 Sadler Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Worthington neighbourhood with a living area of 616 square feet and a land area of 3,863 square feet. Built in 1922, it ranks in the bottom percentile for size on its street, in its area, and citywide—meaning it’s significantly smaller than most nearby homes. Its assessed value is $216,000, well below the local and city averages.
Where the appeal lies is in its affordability relative to the surrounding market. Buyers here are paying for location and lot potential, not square footage. The land itself is modest by street standards (most lots on Sadler Avenue are over 9,700 sqft), but it’s still larger than many citywide lots and may offer room for a garage or garden in a denser urban fabric.
This property would suit a buyer who values entry-level pricing in an established neighbourhood, is comfortable with a smaller footprint, and sees opportunity in an older home that may need updates. It’s less suited to someone looking for move-in-ready space or a home that matches the scale of its neighbours.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
The main driver is the home’s small living area and older age. Assessed value in Winnipeg reflects physical characteristics like size, condition, and lot area, so a 616 sqft house from 1922 will naturally fall below newer or larger nearby homes, even if the location is similar.
2. Does “below average” mean this is a bad investment?
Not necessarily. Below-average rankings relative to neighbours can signal an entry point. The home is priced below most comparable properties in Worthington, which may appeal to budget-conscious buyers. Investment potential depends more on your plans for the property (renovation, holding for land value, or renting) than on how it compares to its street’s median.
3. What does the land area actually allow?
At 3,863 sqft, the lot is smaller than most on the street but still large enough for a detached single-family home, a driveway, and a modest yard. Zoning rules in Worthington should be checked before assuming you can add an extension or secondary suite, as older neighbourhoods often have setback and density restrictions.
4. How do the rankings work in these comparisons?
Rankings are based on how the property compares to a group of similar homes at the street, neighbourhood, and city level. A “Top 98%” rank means it performs worse than 98% of that group. The bars show the share of peers you outperform—so a short bar here reflects that most comparable homes are larger, newer, or more valuable.
5. Is the year built (1922) a concern for maintenance?
Homes from the 1920s can be solidly built, but they often have older electrical, plumbing, and insulation. Buyers should budget for updates and consider a pre-purchase inspection focused on the foundation, roof, and mechanical systems. That said, an older home in this price range may offer character and craftsmanship not found in newer builds.