Property Overview: 619 Maryland Street
This two-storey home in Daniel McIntyre presents a classic Winnipeg character property built in 1907. Its key appeal lies in its established neighborhood setting and the potential inherent in a home of this vintage. With 1,105 sqft of living space, it is notably smaller than other homes on Maryland Street but sits on a 3,073 sqft lot that is above average for the Daniel McIntyre area. The home features a detached garage and an unrenovated basement. Its assessed value is positioned well below the Winnipeg city-wide average, reflecting its age, condition, and local market context.
Who It's For:
This property would suit a specific type of buyer. It's a potential match for a first-time buyer or an investor comfortable with a project, drawn by the lower entry point for a stand-alone house with character. It could also appeal to someone seeking a smaller footprint in a central location, valuing the larger-than-average lot for the neighbourhood as private outdoor space or future garden potential. The unrenovated state means it's not a move-in-ready option for everyone, but it offers a blank canvas for customization.
Frequently Asked Questions
1. What does the assessed value tell me about the listing price?
The assessed value is for municipal tax purposes and is typically lower than market value. A current market assessment by a real estate professional is essential, as the last sale was in 2019 for $15,300. The low assessment suggests a potentially accessible price point but is not a direct guide to the listing price.
2. The home is noted as "below average" in size for its street. How significant is this?
At 1,105 sqft, it is about 500 sqft smaller than the average home on Maryland Street. This means it's a more compact character home. For some, this is a downside; for others, it means less space to maintain and heat, which can be a practical advantage.
3. The lot size is "above average" for Daniel McIntyre. What are the benefits?
With a 3,073 sqft lot ranking in the top 30% for the neighbourhood, you get more private outdoor space than is typical. This is a valuable asset for gardening, entertaining, or adding a deck or shed, offering a sense of space that the interior footprint may not.
4. What should I consider with a 1907-built home?
A home of this age has character but requires a thorough inspection. Key focus areas will be the foundation, original wiring and plumbing, insulation, and the condition of the windows and roof. The unrenovated basement also indicates potential moisture or structural considerations.
5. How does the neighbourhood context influence this property?
Daniel McIntyre is a mature, central neighbourhood. The property's value metrics are very much in line with the local area, which generally has older, more modestly assessed homes compared to the wider city. This suggests you are buying into a community, not just a house, with the conveniences and challenges of an established urban area.