Property Overview: 675 Maryland Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home in Daniel McIntyre presents a classic Winnipeg character property built in 1901. Its key appeal lies in a combination of established neighbourhood charm and specific practical advantages. With 1,339 sqft of living space, the home offers room to grow and is notably above average for the immediate area. A significant standout is the land size: at over 4,250 sqft, the lot is exceptionally large for both the street and the Daniel McIntyre neighbourhood, ranking in the top 4-7% locally. This provides valuable outdoor space and potential that is rare in central communities.
The home suits buyers who value lot size and character over turn-key condition, as the basement is noted as unrenovated. It’s an ideal project for a handy buyer or investor looking to add value in a well-located area. The 2016 sale price suggests a historically accessible entry point into the market. This property appeals to those who see the long-term value in a large urban lot and are prepared to tailor an older home to their needs over time.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style in older Winnipeg homes. It typically means the second floor has full-height ceilings in the center, but the ceiling slope of the roof creates cozier, lower-ceilinged spaces around the perimeter of the upper floor.
2. The assessed value seems very low compared to city averages. Why?
The assessed value figures shown are in thousands (18.10k = $18,100). This is the property tax assessment value, not the market value or listing price. It is used for calculating municipal taxes, not for determining what a home would sell for on the open market.
3. How does the large lot size benefit a buyer?
Beyond extra yard space, a larger lot in a central neighbourhood like Daniel McIntyre is a long-term asset. It offers more privacy, better potential for landscaping or gardening, and future flexibility, such as the possibility of adding a garage or deck, which can be limited on standard-sized lots.
4. The home is older than most on the street. Should I be concerned?
The 1901 build date indicates it will require a diligent inspection to understand the condition of major systems like wiring, plumbing, and the foundation. However, its age also contributes to its character and is typical for the neighbourhood's historic housing stock. The key is budgeting for potential updates.
5. What is the neighbourhood like?
Daniel McIntyre is a mature, central Winnipeg neighbourhood close to amenities like the Health Sciences Centre, the University of Winnipeg, and downtown. It features a mix of long-term residents and newer investors, with a stock of primarily character homes. Always visit at different times of day to get a feel for the specific block.