Property Overview
636 Ingersoll Street is a character home in Winnipeg’s Minto neighbourhood, built in 1914. Its primary appeal lies in offering more interior space than most homes on its street and within the local area, presenting a practical opportunity in a well-established community.
Key Characteristics & Appeal
This home stands out for its generous living area of 1,314 sq ft, which ranks in the top 8% on Ingersoll Street and the top 18% within the Minto area. This means it offers significantly more room than many of its immediate neighbours, a notable advantage for those seeking space in an older neighbourhood. The assessed value is also proportionally higher than nearby averages, suggesting it is a larger or more updated property within its micro-market.
However, the context shifts when viewed city-wide. Compared to all Winnipeg homes, its lot size is modest and its age places it among the older housing stock. This creates a specific value proposition: it is a spacious home for its immediate locale, but firmly positioned as an urban, character property rather than a suburban one.
It would best suit a buyer who values older home charm and seeks above-average interior space in a mature neighbourhood. It’s a practical choice for someone whose lifestyle is focused on the local community rather than on a large private yard, and who understands the considerations that come with a 112-year-old structure.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $27,800 is for municipal tax purposes. The last known sold price was between $250,000 and $300,000 in 2020, which is a better indicator of market value. Always rely on a current market evaluation for buying or selling.
2. What does it mean that the living area is in the “top 8%” on the street?
This statistical ranking means that 92% of homes on Ingersoll Street have a smaller living area. It highlights that this home is one of the more spacious options in its direct vicinity, which is a key local advantage.
3. Are there concerns with a home built in 1914?
Potentially, yes. While many century-old homes are solidly built, prospective buyers should budget for and prioritize inspections for major systems (like wiring, plumbing, and the foundation) that may need updating or maintenance due to age.
4. The lot seems smaller than the city average. Is that a drawback?
It depends on your priorities. The 2,442 sq ft lot is typical for the street but below the city average. This often means lower yard maintenance, which can be an advantage. It may not suit those wanting extensive outdoor space, but is typical for the neighbourhood’s character.
5. How can I find out the exact historical sold prices?
The provider offers a manual service to share exact sold price data. You can submit your email via the “Get exact sold price history” button on the listing page for a direct, non-marketing response.