Property Summary: 502 Ingersoll Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 502 Ingersoll Street in the Minto neighbourhood is a classic Winnipeg property, built in 1928. Its key appeal lies in its solid, established context and the specific value it represents within its immediate area. With 904 square feet of living space, the house is modestly sized but typical for the street. The lot size of 3,102 square feet is a standout feature, being larger than many on the block, offering above-average outdoor space for the area.
The data reveals a nuanced story. While the home's size and age are around the local average, its assessed value ranks above average for Ingersoll Street. This suggests it may be perceived as having better condition, features, or land utility than some direct neighbours. However, compared to the wider city, it presents as a more compact, vintage home on a standard city lot, often associated with a lower price point.
This property would suit a pragmatic first-time buyer or an investor looking for a character home in a long-established neighbourhood without the premium of a newer or significantly larger house. It’s for someone who values a larger-than-average lot for the street for gardening, expansion, or simple outdoor room, and who appreciates a home that holds its own in a peer group of similar vintage properties.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value ranking on the street indicate?
It means that among the 445 comparable properties on Ingersoll Street, this home’s assessed value is in the top 29%. This could reflect factors like better upkeep, improvements, or a more desirable placement on the block compared to its immediate neighbours.
2. Is the living space sufficient for a small family?
At 904 sq ft, the living area is slightly below the Minto neighbourhood average. It would be a comfortable fit for a couple, a small family, or a single occupant, but may feel compact for those needing multiple dedicated rooms or extensive living space.
3. How does the lot size compare, and why does it matter?
The 3,102 sq ft lot is larger than many on the street (top 29%). This is a practical advantage, providing more yard space, potential for additions (subject to zoning), better privacy, or simply more room for landscaping and recreation than is typical for the address.
4. The home was last sold between 2016-2025. How can I find the exact price?
The exact sold price is not publicly displayed. You can request it by email via the button on the listing page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.
5. What are the implications of a 98-year-old home?
A home built in 1928 offers classic character but requires a buyer to be mindful of aging components. While it has stood the test of time, potential updates to systems like wiring, plumbing, or insulation should be considered during an inspection. Its established nature also means it’s part of a mature streetscape with settled infrastructure.