Property Overview
This one-and-a-half storey home on Ingersoll Street presents a practical opportunity in Winnipeg's Daniel McIntyre neighbourhood. Built in 1944, its key appeal lies in its generous, above-average lot size of nearly 3,900 square feet, offering more outdoor space than most properties on the street and in the area. The 1,168 sqft living area is also notably spacious for the immediate locale. While the basement is unrenovated and the home includes a detached garage, the data suggests a property that holds its value well within its community, with an assessed value that ranks above average for Daniel McIntyre.
This home would suit a buyer looking for a solid footprint in a central neighbourhood, prioritizing lot size and interior space over modern finishes. It’s a candidate for those comfortable with a home that may require updates, offering a canvas for personalization. The strong relative rankings on the street indicate a property that is a standout in its micro-market, potentially appealing to a value-conscious buyer who sees the upside in the established lot and floor plan rather than in turn-key condition.
Frequently Asked Questions
What do the rankings actually mean for a potential buyer?
They contextualize the home's metrics against its immediate peers. For example, ranking in the top 20% for living area on Ingersoll Street means the house is genuinely more spacious than most on the block, a practical advantage not always clear from the square footage alone.
Is the low assessed value compared to the city average a concern?
Not necessarily. This primarily reflects the lower overall property values in the central Daniel McIntyre area compared to newer suburban districts. The more relevant fact is that its assessment ranks above average within the neighbourhood, suggesting it is viewed favorably compared to its local competitors.
The home sold in 2021 for $27,400. What does that indicate?
This historical sale price is significantly below the current assessed value and typical city prices, strongly suggesting it was not a standard market transaction. It may have been a transfer between family members or sold with specific conditions. It should not be used as a benchmark for current market value.
How significant is the large lot size?
Very. Ranking in the top 7% on the street for land area is a standout feature. It provides valuable outdoor space, potential for gardening, parking, or storage, and future flexibility that is scarce in older central neighbourhoods.
Does an "unrenovated" basement mean it's unfinished?
Not exactly. "Unrenovated" typically means the basement exists and is likely usable (for laundry, storage, or as a basic rec space) but has not been modernized or professionally finished. A buyer should budget for potential updates to improve its functionality and comfort.