Property Overview
This 733 sqft bi-level home at 1111 Ingersoll Street is a study in contrasts, offering a unique value proposition in Winnipeg's Daniel McIntyre neighbourhood. Its key appeal lies in its modern foundation within a historic area—built in 1985, it is a significantly newer construction than almost all neighbouring homes. This suggests potentially lower maintenance concerns related to aging infrastructure, like plumbing or electrical systems. The home sits on a modest 2,302 sqft lot and features a renovated basement, but no garage or pool.
Its compact living space positions it well for first-time homebuyers, downsizers, or investors seeking an efficient, entry-level property with modern bones. The assessed value is notably above average for Daniel McIntyre, indicating official recognition of its relative condition or features compared to the older housing stock. This property suits a pragmatic buyer who prioritizes a newer, low-maintenance structure over square footage or a large yard, and who sees value in a home that stands out from the century-old character of the surrounding area.
Frequently Asked Questions
1. Is the living space too small?
At 733 sqft, the living area is below average for the street, neighbourhood, and city. This layout requires efficient use of space and would not suit those needing multiple bedrooms or extensive storage. However, the renovated basement provides additional flexible space.
2. Why is the assessed value higher than many area homes?
While the home is modest in size, its assessed value ranks in the top 22% for Daniel McIntyre. This is likely due to its much newer construction date (1985) compared to the neighbourhood's early 1900s average, coupled with the renovated basement, which may reduce immediate repair costs for a buyer.
3. What are the implications of the small lot size?
The lot is in the bottom 3% for size on the street. This means minimal outdoor private space for gardening or entertaining, and likely limited parking options. The trade-off is less yard upkeep.
4. How does the 1985 build date affect this home?
It's a major standout feature. In a neighbourhood where most homes are over a century old, this 1985 build likely offers more modern building standards, materials, and systems (like wiring and insulation), which can mean greater energy efficiency and fewer legacy maintenance issues.
5. Who would this property not suit?
It would not suit buyers seeking a character home with traditional architectural details, those with a growing family needing more interior space, or anyone requiring vehicle storage, as there is no garage.