Property Overview & Appeal
This home at 712 Ingersoll Street in Winnipeg's Minto neighbourhood presents a classic, grounded opportunity. Built in 1931, its key characteristics include a 952 sqft living area and a 3,093 sqft lot, both of which are quite typical for its immediate street and area. The standout figure is its assessed value of $25,600, which ranks notably above average for Ingersoll Street itself, suggesting it may be viewed as a well-maintained or desirable property within its specific peer group.
The appeal lies in its established, neighbourhood context. It’s a property that compares favorably on its own block, offering a sense of relative value and stability within a mature community. It last sold between $250k-$300k in 2021. This home would suit a pragmatic, first-time buyer or an investor looking for a character home in a long-established area without the premium of a newer subdivision. It’s for someone who values a larger lot and neighbourhood consistency over a large interior footprint, and who understands the considerations and potential of a home nearing the century mark.
Frequently Asked Questions
1. Why is the assessed value ranking so much higher on the street than in the wider city?
This is common for older, established neighbourhoods. The home is assessed as a higher-value property compared to its direct neighbours on Ingersoll Street, but city-wide comparisons include many newer, larger homes in different market segments, which lowers its relative ranking.
2. What should I consider about a home built in 1931?
While offering classic charm and often durable construction, a home of this age warrants a close look at the condition of major systems. A thorough inspection is essential to understand the state of the roof, wiring, plumbing, and foundation, and to plan for any necessary updates or maintenance.
3. The lot size is above average for the area. What does that mean for me?
The 3,093 sqft lot provides valuable outdoor space that is less common in older neighbourhoods. This allows more room for gardening, private recreation, or potential future additions like a shed or deck, adding a layer of utility and enjoyment not always available with smaller lots.
4. How reliable are the "Top %" rankings provided?
They are a useful tool for quick, relative comparison within defined groups (street, area, city). They help you understand where this property stands in context, but they don't replace traditional market analysis, a professional appraisal, or your personal assessment of the home's condition and suitability.
5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you can request the precise sale history by emailing the provided contact; they manually provide this data upon request.