Property Overview: 1073 Ingersoll Street, Winnipeg
Key Characteristics & Appeal
This 788 sqft one-storey home, built in 1930, sits on a 2,328 sqft lot in the Daniel McIntyre neighbourhood. Its core appeal lies in being an accessible, no-frills entry point into the Winnipeg market. The home is notably compact, with a living area below local and city averages, which translates to lower utility costs and minimal upkeep. It features a basement (not renovated) and no garage.
The data reveals a thoughtful perspective: while the house itself is modest in size and assessed value, it is situated on a street and in an area where homes are, on average, significantly older. This makes 1073 Ingersoll a relatively newer property within its immediate context, potentially suggesting fewer age-related concerns than some neighbours. The recent sale price significantly exceeds its assessed value, indicating strong market demand for well-located, affordable housing.
This property would best suit first-time buyers or pragmatic investors seeking a straightforward, low-maintenance footprint. It’s for someone prioritizing location and affordability over space, who sees potential in a basic structure and is comfortable with a home that offers simplicity rather than modern finishes.
Frequently Asked Questions
1. Is this a small house?
Yes. At 788 sqft of living space, it is smaller than most homes on its street, in Daniel McIntyre, and across Winnipeg. This makes for efficient living and lower heating costs.
2. Why was the sale price so much higher than the assessed value?
Municipal assessed value for tax purposes often lags behind market value, especially in active markets. The sale price reflects what a buyer was willing to pay recently, likely driven by the home’s affordability and location.
3. What does "basement, not renovated" mean?
It indicates the basement exists but is in original or utilitarian condition, not updated as finished living space. It provides storage and houses mechanical systems, but is not a modern rec room or suite.
4. How does the lot size compare?
The lot is 2,328 sqft, which is below average for the street and neighbourhood. This means smaller outdoor maintenance, but also limited space for expansions, large gardens, or additions.
5. The home is older—what should I consider?
Built in 1930, it is actually newer than many homes in Daniel McIntyre. However, any home of this age will require a thorough inspection for its original components like wiring, plumbing, and the foundation. Its compact size can make updates more manageable than in a larger, older house.