Property Overview & Key Characteristics

This one-storey home at 829 Ingersoll Street in Winnipeg's Daniel McIntyre neighbourhood is a compact, historically grounded property with a renovated basement. Its primary appeal lies in its efficiency and relative value within a central community. At 621 square feet of living space, the house itself is notably smaller than most in the area and city-wide, positioning it as a low-maintenance footprint. However, its assessed value is strong for the Daniel McIntyre area, ranking above average, which suggests the property is recognized for its lot location and condition rather than its size. The lot, while below average for the city, is a manageable 2,340 sqft. A key, less obvious characteristic is its year of build (1944); it is a newer construction compared to many of its immediate neighbours, potentially implying different construction materials or layout than surrounding century-old homes.

This property would best suit a first-time buyer, an investor, or someone seeking an affordable entry into a central Winnipeg neighbourhood without the upkeep of a larger house. Its size makes it ideal for a minimalist, a single professional, or a couple. The renovated basement adds valuable flexible space, which is a critical asset in a smaller home. The detached garage offers additional storage or workshop potential.

Frequently Asked Questions

1. Is the house too small?
At 621 sqft, the living area is significantly below the neighbourhood and city averages. It requires efficient use of space and would not comfortably suit a family or those with a lot of belongings. The renovated basement is a crucial factor in making the floorplan workable.

2. How does the assessed value compare to the last sale price?
The home was last sold in December 2022 for $220,000. Its current assessed value is $22,700. It's important to understand that municipal assessed value for taxation purposes is not a direct indicator of current market value. A professional appraisal and market analysis would be needed to determine present worth.

3. What are the advantages of a 1944 build in an older neighbourhood?
While still a character home, being built in 1944 may mean it incorporates slightly more modern building techniques and materials than many neighbouring homes from the early 1900s. This could potentially translate to differences in foundation, wiring, or layout, but a thorough inspection is necessary to confirm the specific state of all major systems.

4. What does the "above average" assessed value ranking in Daniel McIntyre indicate?
This suggests that, compared to other properties in the same neighbourhood, this home is assessed at a higher value relative to its peers. This is noteworthy given its small size, and likely reflects the value of its lot, the renovated basement, and its overall condition within the local market context.

5. Is the detached garage a standard feature here?
In this central, established neighbourhood, a detached garage is a valuable but not universal feature. It provides off-street parking and extra storage, which can be a premium in older areas where many properties may only have a lane-way parking pad or no dedicated parking at all.