Property Overview
This 1905 one-storey home on Maryland Street in Daniel McIntyre presents a specific and practical opportunity. Its key appeal lies in its balance of a renovated basement, a detached garage, and a notably generous lot size for the area. At 980 sq ft, the living space is compact, ranking below average for the street and city, which suggests a focus on efficient living rather than spaciousness. However, the 3,699 sq ft lot is well above average for both the immediate neighbourhood and Daniel McIntyre, offering valuable outdoor potential. The home’s assessed value is modest compared to the city-wide average but sits above average within the local community context.
This property would suit a first-time buyer, an investor, or a downsizer looking for a lower entry point into a central Winnipeg neighbourhood. Its appeal is for those who prioritize land size and location over interior square footage, and who see value in a home that has already seen updates like a renovated basement. It’s a pragmatic choice for someone comfortable with a character home's footprint who values the flexibility a larger lot provides for gardening, expansion, or simply extra outdoor space.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is 980 sq ft, which is below the average for both Maryland Street and Winnipeg overall. This indicates a more compact, efficient layout suited to simpler living.
2. What is the significance of the lot size?
The lot is a key feature at 3,699 sq ft. It ranks well above average for the Daniel McIntyre neighbourhood, offering more outdoor space than many nearby properties, which is a relative rarity in central areas.
3. What does the assessed value tell us?
The assessed value is modest city-wide but is above average for the Daniel McIntyre area. This can suggest the property is viewed as a solid asset within its immediate community, even if it isn't a high-value asset on a city scale.
4. The sale history shows a significant price drop in 2024. What does that mean?
The drop from previous sale prices likely reflects a market correction, a change in condition, or an updated assessment. It’s essential to review the listing details and any recent changes to understand the current asking price in full context.
5. What are the less obvious considerations for a home built in 1905?
While a renovated basement is a plus, a home of this age requires a focus on the fundamentals: the condition of the original foundation, wiring, plumbing, and roof. The charm comes with the responsibility of maintaining an older structure, making a thorough inspection crucial.