This one-and-three-quarter storey home on Ingersoll Street in Daniel McIntyre offers a practical, no-frills entry into Winnipeg’s core neighbourhoods. Built in 1913, its key appeal lies in its efficient scale and relative value within its immediate area. With 1,157 sqft of living space and a renovated basement, it provides a functional layout on a modest 2,302 sqft lot. The home’s assessed value is notably above average for the Daniel McIntyre neighbourhood, yet remains well below the city-wide average, highlighting its positioning as an affordable option within a central community. A detached garage adds practical storage. Its appeal is grounded in reality: it’s a smaller, older home that ranks well for its specific street and neighbourhood in terms of living space and value, but is below average in land size and age when viewed city-wide. This property would suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, low-maintenance footprint in a central location without the premium of a larger lot or a newer build.
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What does the assessed value ranking actually mean for me?
The home is assessed above average for both its street and the Daniel McIntyre neighbourhood, which can indicate it’s in decent condition relative to nearby properties. However, its assessment is below the city-wide average, which generally reflects its smaller size, older age, and central location compared to newer suburban homes.
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The lot size is ranked very low. Is that a major drawback?
It depends on your priorities. The lot is smaller than most in the city, meaning less outdoor space for gardening or expansion. For those seeking minimal yard maintenance and a focus on indoor living, this can be a benefit. It’s typical for older, central neighbourhoods.
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How significant is the “renovated basement”?
While noted as renovated, specifics on finish quality, ceiling height, and proper moisture proofing are essential to request. In a 1913 home, a renovated basement can add valuable functional space, but understanding the scope and permits of the work is key.
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Who might this property not suit?
It’s likely not ideal for those needing multiple bedrooms or extensive living space, given its compact size. Buyers prioritizing a large private yard, modern open-concept layouts, or newer mechanical systems may find it limiting.
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The home last sold in 2016. What should I ask?
Inquire about updates made in the last 8 years, particularly to the roof, wiring, plumbing, or heating system. Understanding the seller’s reason for moving after this period can also provide useful context about the home and neighbourhood.