Property Overview: 1123 Ingersoll Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Daniel McIntyre presents a compelling mix of established character and modern updates. Built in 1911, its key feature is a recently renovated basement, adding valuable finished living space to the 1,263 sqft footprint. The home includes a detached garage. The data reveals a property that stands out in its immediate context: its living area is notably larger than most on Ingersoll Street and in the wider neighbourhood, placing it in the top 13% and 29% respectively for size. Similarly, its assessed value is above average for the street and area. This suggests a home that has been maintained or improved beyond the local norm.
Its appeal lies in offering more interior space than typical for the area, coupled with the practicality of a modernized basement. It would suit a buyer looking for a character home in a central Winnipeg neighbourhood who values move-in readiness and extra finished space over a large yard, as the lot size is compact. It’s a pragmatic choice for first-time buyers or small families seeking efficiency and charm without the footprint of a suburban property. A thoughtful perspective is that this home represents a "value-holder" within its community—its above-average metrics for the area may indicate a resilience in valuation that more standard properties don't share.
Frequently Asked Questions
1. What does the sale history indicate?
The home sold for $290,000 in September 2022, a significant increase from its $150,000 sale price in December 2021. This rapid appreciation likely reflects the basement renovation and market conditions of the time.
2. How does the lot size impact the property?
At 2,303 sqft, the lot is smaller than most in the city and the immediate area. This means lower maintenance but limited outdoor private space. The focus here is squarely on the interior living experience.
3. Is the older age of the home (1911) a concern?
While the home is among the older on its street, its above-average assessed value for the area suggests it has been kept in good condition or improved. A thorough inspection is always recommended to understand the state of major aging components like the roof, wiring, and plumbing.
4. What is the neighbourhood like?
Daniel McIntyre is a mature, central Winnipeg neighbourhood. The presence of several multi-unit buildings nearby (as listed in the nearby properties) indicates a mixed-density, urban living environment.
5. Why is the citywide assessed value ranking lower?
The assessed value is below the citywide average because this metric compares all property types across Winnipeg. Central neighbourhood character homes often have a different value profile than newer, larger homes in suburban areas, making local comparisons more relevant.