Property Overview: 1-622 Maryland Street, Winnipeg
Key Characteristics & Buyer Appeal
This is a substantial, century-old two-and-a-half storey home in the Daniel McIntyre neighbourhood. Its primary appeal lies in its generous scale, offering over 2,000 square feet of living space, which ranks well above average for both the immediate street and the broader area. The home sits on a standard city lot and features a full, unrenovated basement, presenting a classic canvas.
The property suits buyers who value character, space, and location over modern finishes. It’s ideal for a handy owner who sees potential in the basement and appreciates the architectural heritage of a 1909 build. The data suggests a interesting dynamic: while the home feels large and established within its community, its assessed value is modest compared to the citywide average. This creates an opportunity for buyers seeking more square footage for their dollar in a central neighbourhood, provided they are prepared for the upkeep and potential updates an older home requires. A less obvious perspective is that its "above average" size within a neighbourhood of typically smaller homes could make it a uniquely versatile property for a multi-generational household or a home-based business, subject to zoning.
Frequently Asked Questions
What does the "above average" ranking for living area actually mean?
It means that compared to similar homes on Maryland Street and in Daniel McIntyre, this house is significantly larger. With 2,076 sq ft, it offers more space than roughly 78% of homes on its street and 97% of homes in the neighbourhood.
Why is the assessed value so much lower than the citywide average?
The assessed value is based on municipal valuation for tax purposes and is heavily influenced by the local market. While the home is large for its area, property values in Daniel McIntyre are generally lower than the Winnipeg average. The last known sale was in 2017 for $21,500.
What should I know about a house built in 1909?
You should budget for and expect the maintenance needs of a 117-year-old structure. This includes potential updates to electrical, plumbing, and insulation. The unrenovated basement is a clear project space. The charm and solid construction of the era are benefits, but a thorough inspection is essential.
Is the lot size a pro or a con?
It depends on your priorities. At 3,504 sq ft, the lot is fairly standard for the area and street, but smaller than the typical Winnipeg lot. This means lower exterior maintenance but also less private outdoor space compared to suburban homes.
How does the location in Daniel McIntyre factor in?
Daniel McIntyre is a central, established neighbourhood. The property's high rankings for size and value within this area indicate it's a larger, more substantial home in its local context. Buyers are prioritizing a central location, community character, and interior space over a large yard or newer suburban construction.