Property Overview: 815 Ingersoll Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1914, offers a blend of historic charm and practical space in Winnipeg's Daniel McIntyre neighbourhood. With 1,280 square feet of living area, it provides notably more space than many homes on its street and in the immediate area, ranking in the top 12% and 26% respectively for size. This makes it a standout for buyers seeking roominess in a central, established community without the footprint of a sprawling modern suburban home.

The appeal lies in its value proposition and location. The home’s assessed value is modest compared to the Winnipeg city-wide average, yet it sits around the typical mark for its own neighbourhood and street. This suggests an opportunity for buyers looking to enter a mature, central area without a premium price tag. It suits first-time homeowners, practical downsizers, or investors attracted to character homes. The lot, while smaller than city averages, is typical for the inner-city and offers manageable upkeep. A notable perspective is that while the basement exists, it is noted as not being renovated, presenting either a project for added value or simply functional storage space as-is. The lack of a garage is common for the area and era, emphasizing the home’s orientation toward walkable, urban living over vehicle storage.

Section 2: Frequently Asked Questions

1. How does the living space actually feel given the home's age and layout?
At 1,280 sq ft, the home is spaciously sized for its context. As a one-and-three-quarter storey built in 1914, the layout likely includes distinct, character-filled rooms rather than an open-concept plan, appealing to those who appreciate defined spaces and traditional architecture.

2. What does the "not renovated" basement mean for me?
It indicates the basement is in original or functional condition, not updated as finished living space. It provides essential utility and storage but would require investment to convert into a recreational room, rental suite, or modernized area.

3. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is significantly below the city-wide average because it reflects much lower property values in central neighbourhoods compared to newer suburbs. It is, however, very typical for Daniel McIntyre, indicating the home is not an outlier in terms of its official valuation within its community.

4. Is the smaller lot size a major drawback?
The lot is smaller than a typical suburban property but is standard for the Daniel McIntyre area. This means lower maintenance and aligns with a more compact, community-focused lifestyle where parks and amenities are often used as an extension of personal outdoor space.

5. How should I interpret the last sale price from 2016?
The 2016 sale price provides historical context but is not a direct indicator of current market value. It shows the home’s price point from eight years ago, and current value would be influenced by market trends, any changes made to the property since then, and present-day conditions.