Property Overview: 957 Ingersoll Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Daniel McIntyre is a practical entry-point into Winnipeg’s housing market. Built in 1914, it offers 1,040 sqft of living space with a renovated basement and a detached garage. The home’s primary appeal lies in its solid positioning within its immediate neighbourhood. While its living area and lot size (2,312 sqft) are modest compared to broader city averages, its assessed value ranks above average for Daniel McIntyre, suggesting it represents a relatively good value within this specific, central area. The renovated basement adds functional living space, a key update for a home of this era.
This property would suit first-time buyers or practical investors looking for a character home without a premium price tag. It’s for someone who values location and a sense of community in a well-established neighbourhood over expansive square footage or a large yard. A thoughtful perspective is that its smaller lot and efficient size can mean lower maintenance costs and utility bills, which is a significant, often overlooked advantage for budget-conscious owners. It’s a home that offers livability and a foothold in the market, rather than luxury features.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is for municipal tax purposes and is often lower than market value. Its above-average assessment for the Daniel McIntyre area indicates the property is considered valuable within that context, but a professional appraisal or comparative market analysis is needed to determine current sale value.
2. What are the implications of a smaller lot size?
The lot is below average in size for the street, neighbourhood, and city. This typically means less outdoor maintenance and lower landscaping costs. However, it also limits potential for large additions, pools, or extensive gardening.
3. What should I consider with a home built in 1914?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should prioritize a thorough inspection focusing on the foundation, original plumbing and electrical systems, and roof. Character comes with a responsibility for ongoing maintenance.
4. How does the detached garage affect usability?
A detached garage provides secure storage and parking but is less convenient in Winnipeg winters than an attached one. Consider the walk from the garage to the house, and whether the driveway space is sufficient for snow clearing.
5. Is this a good investment for the area?
Its sale history and assessment trends show stability in its immediate locale. For an investor, the renovated basement could offer rental potential (subject to zoning). Its appeal is likely consistent as an affordable, central housing option, rather than being subject to dramatic market swings.