Property Overview
879 Ingersoll Street is a well-proportioned, two-storey home in Winnipeg's Daniel McIntyre neighbourhood. Its primary appeal lies in offering significantly more interior space than most homes in the immediate area, presenting a rare opportunity for size within an established community. Built in 1913, the home features a renovated basement and sits on a standard city lot with no garage.
Key Characteristics & Suitability
The standout feature is the living area of 1,679 sq ft, which ranks in the top 1% for size on Ingersoll Street and the top 8% within Daniel McIntyre. This means you get a much larger home than the neighbourhood typical, which averages closer to 1,000 sq ft. While the lot size is modest and the home’s age is above average for the city, its assessed value is notably above average for the local area. This suggests a perceived premium for its space and condition relative to nearby properties.
This home would suit buyers looking for character-home space without moving to the outer suburbs. It’s ideal for someone who prioritizes generous indoor living area over a large yard or a newer build. It also appeals to those who see value in a home that stands out in its local market for its size, potentially offering a unique advantage in an inner-city neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is primarily based on local market comparisons. While it's above average for Daniel McIntyre, it's below the Winnipeg average because property values in established, central neighbourhoods are often lower than in newer suburban areas.
2. What does having a "renovated basement" typically mean for a 1913 home?
This usually indicates modernized living space or utilities below grade. For a home of this age, it's wise to inquire about the scope and permits for the renovation, the basement's ceiling height, and its moisture management, as these factors can vary widely.
3. The home sold in late 2021. What might that indicate?
A sale just over two years ago suggests the current owners haven't been there long. This could mean they’re relocating due to a life change, or it could prompt questions about any further updates they may have undertaken during their short tenure.
4. With no garage, what are parking options?
The property likely relies on on-street parking. It’s important to check local permit requirements, seasonal parking restrictions (like winter snow bans), and typical availability on the street.
5. How significant is the "top 1%" living area ranking for the street?
This is a key selling point. It means this is one of the very largest homes on the block, offering space that is uncommon in the immediate vicinity. This can be a major asset for living comfort and may contribute to the home's long-term value retention in the area.