Property Overview: 519 Maryland Street, Winnipeg
Key Characteristics & Buyer Appeal
This is a classic early-1900s two-and-a-half storey home in the Daniel McIntyre neighbourhood, offering a blend of historic character and practical space. With 1,594 sqft of living area, it provides above-average roominess for both the immediate area and the neighbourhood. A key feature is its generous 3,699 sqft lot, which is notably larger than many nearby properties, offering valuable outdoor space and potential in a central urban setting. The home includes a renovated basement and a detached garage.
Its appeal lies in its established, central location and the tangible sense of space the lot provides—a relative rarity. It suits a buyer who appreciates the architecture and solidity of a century-old home and is prepared for the maintenance that comes with it. This property is a pragmatic choice for someone seeking a character home without being in the highest price tier, valuing a larger yard over a modern build. It’s less suited for those seeking a turnkey new construction or the very lowest property taxes.
Frequently Asked Questions
1. What is the typical maintenance consideration for a home built in 1905?
Prospective buyers should budget for and anticipate upkeep consistent with a 120-year-old structure. This includes systems like the roof, foundation, and original windows, which may need attention or upgrading, even with a renovated basement.
2. How does the assessed value compare to the last sale price?
The property was last sold in June 2019 for $19,500. Its current assessed value is $20,100, indicating a stable municipal valuation in line with that recent sale.
3. What are the benefits of a larger lot in this neighbourhood?
The lot size is a standout feature, offering more private outdoor space than many neighbouring homes. This allows for greater gardening, play, or entertainment potential and can be a long-term value driver in a densely built area.
4. Is the detached garage a standard feature here?
While not uncommon, a detached garage is a valuable asset in this neighbourhood, providing secure storage or parking separate from the house.
5. How does this home’s size compare to others in Winnipeg?
The living space is above the city-wide average, meaning you get more interior square footage than most Winnipeg homes. However, the lot size, while generous for the core, is below the city-wide average, which is skewed by larger suburban properties.