29 Sadler Avenue – Property Summary
Key Characteristics & Buyer Profile
This property stands out primarily for its land. At 11,116 square feet, the lot ranks in the top 4% city-wide, and top 20% within the Worthington neighbourhood. Compared to the average lot in Winnipeg (roughly 6,570 sq ft), this is a substantial plot. The house itself is older, built in 1927, and is smaller than the average for both the neighbourhood and the city, at 1,048 sq ft. Its assessed value is notably low relative to its surroundings—sitting in the bottom 14% on the street and bottom 11% city-wide.
The appeal here is less about the house as a turnkey living space and more about the land and the opportunity it represents. The low assessment and older build means the tax burden is modest, and the value is in the dirt, not the structure. This would suit a buyer looking for a property with good bones or a long-term hold where the land is the primary asset. It’s also a strong candidate for someone with renovation experience who’s comfortable working with an older home, or for an investor who sees potential in a lot that is significantly above-average for a city like Winnipeg.
Who it suits:
- Buyers prioritizing yard space or a large private lot.
- Renovators or builders comfortable updating a 1920s-era house.
- Investors or long-term holders seeking low-carry costs and strong land value.
Frequently Asked Questions
1. How does the lot size compare to other properties nearby?
It’s well above average. On Sadler Avenue alone, it ranks in the top 29%. In the wider Worthington area, it’s in the top 20%—and city-wide, it’s in the top 4%. For Winnipeg, that’s a standout.
2. Is the assessed value of $218,000 low for the neighbourhood?
Yes. Most properties on Sadler Avenue are assessed around $303,000, and the Worthington neighbourhood average is about $315,000. This property falls in the bottom 10-15% of assessed values in both the street and the area, which keeps property taxes comparatively low.
3. How much space is inside the house?
The home offers 1,048 square feet of living area. That’s slightly above-average for the immediate street but below the city-wide average of roughly 1,342 sq ft. It’s a compact floor plan typical of 1920s construction.
4. What should I know about the age of the house?
Built in 1927, it’s older than most homes on its street (average around 1950) and significantly older than the neighbourhood average (1962). Buyers should plan for maintenance typical of a nearly 100-year-old structure, including potential updates to electrical, plumbing, insulation, and foundation. The low assessment partly reflects the building’s age.
5. Is this property a good fit for a first-time buyer or a family?
That depends. The large lot is a definite draw for families, but the smaller living space might be tight. The older home could also mean more unexpected repair costs for a first-time buyer. It’s likely a better fit for someone who’s comfortable with project work or who values the land itself over a modern, move-in-ready home.