Property Overview: 1075 Ingersoll Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1930, offering a practical and affordable entry point into Winnipeg’s Daniel McIntyre neighbourhood. With 794 sqft of living space and a renovated basement, it prioritizes efficient use of space over square footage. Its key appeal lies in its position as a value-conscious option: its assessed value is notably below the citywide average, suggesting a lower property tax burden and an accessible price point. The home is older than most in its immediate area, which can indicate solid, character-building construction from that era.
This property would suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, low-maintenance footprint. Its smaller lot size (2,288 sqft) means less yard work, appealing to those who prefer a lock-and-leave lifestyle or wish to focus their time and resources on the home's interior. A thoughtful perspective is that while the living area is modest, its "below average" size across all metrics is precisely what creates its financial accessibility, making it a strategic choice for building equity without a massive initial outlay.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes, at 794 sqft, the living area is below the average for the street, neighbourhood, and city. This is reflected in its accessible pricing and is a defining characteristic of the home's value proposition.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This is a key detail to clarify with the selling agent, as it could range from basic finishing to creating additional legal living space.
3. How does the assessed value affect property taxes?
With an assessed value significantly below the Winnipeg average, the municipal property tax bill for this home is likely to be proportionally lower, which is a tangible ongoing financial benefit.
4. Is the small lot size a disadvantage?
It depends on your priorities. The lot is smaller than most, which limits expansive outdoor space but also minimizes maintenance. It could be a positive for those seeking a more urban, low-upkeep property.
5. How does its age compare to nearby homes?
Built in 1930, this home is actually newer than many on its street and in Daniel McIntyre, where average build years are 1925 and 1920, respectively. This suggests it fits well within the neighbourhood's established character.