Property Overview
This 783 sqft condo at 4-1127 Ingersoll Street is a practical and affordable entry into Winnipeg’s Daniel McIntyre neighbourhood. Built in 1960, it stands out locally as one of the more modern units in an area with many older homes. Its key appeal lies in its financial accessibility, with a low assessed value and recent sale price that positions it well below the citywide average, making it one of the more budget-friendly condo options. The living space is compact but competitive for the immediate area.
The unit would suit first-time buyers, investors seeking a low-cost rental property, or downsizers looking for minimal upkeep and predictable costs. Its value is primarily functional rather than luxurious. A thoughtful perspective is that while it ranks below average citywide in size and value, it ranks well within its specific neighbourhood, suggesting it’s a competitively positioned asset for someone wanting to live in Daniel McIntyre without a hefty price tag.
Frequently Asked Questions
1. How does this condo’s value compare to others in the building?
The data suggests it holds its own. For assessed value, it ranks 2nd out of 6 comparable units on Ingersoll Street, placing it slightly above the street's average.
2. Is the condo fee included in the listed metrics?
No, the provided assessed value and sale price do not include monthly condo fees. Prospective buyers must inquire separately about the fee amount and what it covers.
3. What does the "Elite" ranking for Year Built in Daniel McIntyre mean?
It indicates this 1960-built unit is newer than approximately 97% of comparable properties in the neighbourhood, where the average build year is 1921. This could imply potentially fewer age-related issues than area peers.
4. Why is the citywide ranking for size and value much lower?
The unit is modest compared to the broader Winnipeg market, where the average comparable home is about 1,042 sqft with a much higher assessed value. This highlights the property's role as a more affordable, compact option.
5. Are the nearby listed properties (1-1127 to 6-1127 Ingersoll) identical?
They are likely similar units in the same complex or row, providing direct comparables. The data shows variation, so reviewing individual listings is recommended to understand differences in condition, updates, or layout.