Property Overview: 1149 Ingersoll Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Daniel McIntyre is a classic Winnipeg character property, built in 1906. With 1,044 sqft of living space, it offers a comfortable footprint that is quite typical for its immediate street and neighborhood. A key feature is its renovated basement, adding functional living space. The lot is modest at 2,303 sqft, reflecting the area's established, close-knit urban feel.
The appeal here lies in its authenticity and location. It’s a home with history, situated in a central, mature neighborhood. The recently renovated basement suggests some modern convenience has been blended with the home’s original charm. Its assessed value is notably lower than the citywide average, which can indicate a more accessible entry point into the market or a property with value-add potential for the right buyer.
This property would best suit a first-time homebuyer or a practical investor who appreciates character over sheer size. It’s for someone who values a central location and is comfortable with the realities and charms of a century-old home. A buyer looking for a large yard or a brand-new build would need to look elsewhere.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style where the second floor has slightly less floor area than the main floor, often with sloped ceiling areas on the upper level, creating cozy bedrooms with character.
2. The assessed value seems low compared to the city. Why?
The assessed value is for municipal tax purposes and is based on a mass appraisal system. It often lags behind current market values, especially in older neighborhoods where recent sales of renovated homes can drive prices up. It's a useful benchmark for taxes, not a direct marker of sale price.
3. What are the implications of a home built in 1906?
You are buying a piece of local history with unique architectural details. However, it’s wise to budget for and inspect systems common in older homes, such as the wiring, plumbing, and foundation. The renovated basement is a positive sign of some updates.
4. Is the lot size a disadvantage?
The lot is smaller than average, which means less yard maintenance—a plus for some. It also reflects the neighborhood's walkable, community-oriented design where parks and amenities are often shared public spaces rather than private backyards.
5. How does the living area compare practically?
At 1,044 sqft, it’s perfectly adequate for a small family, couple, or individual. The space is efficiently used in this style of home. The renovated basement effectively adds a second living area or utility space, making the home feel larger than the main floor square footage suggests.