Property Overview: 1133 Ingersoll Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Daniel McIntyre presents a compelling mix of space, location, and value. Its key characteristic is an above-average land size of over 4,100 sqft, placing it in the top 5% of lots on its street. This offers rare potential for gardening, expansion, or simply more private outdoor space than is typical for the area. The 1,100 sqft living area is also notably spacious compared to immediate neighbours.
The appeal lies in its solid positioning within the community. With an assessed value that ranks well above average for both the street and the neighbourhood, it represents a established, value-holding property. Built in 1946, it is a newer structure relative to many area homes, which may suggest fewer concerns associated with very early 20th-century construction. The property suits practical buyers looking for a home with a generous lot in a central, no-frills neighbourhood. It’s ideal for someone who values interior space and outdoor potential over modern finishes, as the basement is noted as unrenovated. This is a property for an owner comfortable with a home that has good bones and clear, quantifiable strengths, rather than turn-key perfection.
Section 2: Frequently Asked Questions
Q: How does the assessed value compare to the recent sale price?
A: The home sold for $27,500 in December 2022, which was close to its current assessed value of $25,700. This suggests the assessment is in line with recent market activity in the area.
Q: What does the lot size actually mean for me?
A: At over 4,100 sqft, the lot is significantly larger than the neighbourhood average (~2,880 sqft). This provides more yard space and could offer future opportunities like adding a garage or garden suite, subject to zoning approvals.
Q: The home is noted as newer than others on the street. Is that a big advantage?
A: Built in 1946, it is newer than many area homes, which often date to the early 1900s. This can sometimes mean updated building materials and systems for its era, but a thorough inspection is still essential for any home of this age.
Q: The basement is listed as "not renovated." What should I expect?
A: This typically indicates a functional, unfinished space suitable for storage and utilities. It presents a blank canvas for future development but will require investment to finish as living space.
Q: How does this property fit within the wider Winnipeg market?
A: While its value and lot size rank very well within its immediate area, both metrics are below the city-wide average. This highlights the property’s strong local appeal and relative affordability in the broader market context.