Property Overview: 552 Maryland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Daniel McIntyre presents a distinct profile. Its key characteristic is a renovated basement, adding functional living space to the 1,150 sqft footprint. The home sits on a decently-sized lot for the central neighbourhood and includes a detached garage. Built in 1977, it is a notably newer construction compared to most homes on its street and in the wider area, which are predominantly from the early 1900s. This suggests potentially fewer concerns with aging core systems found in century-old homes.
The appeal lies in this modern relative age combined with its central location. It offers a move-in-ready baseline with the basement renovation, while the lot and garage provide valuable space in an urban setting. The property’s assessed value is high for its immediate area, indicating it is viewed as a premium property on its block.
This home would suit a buyer looking for the convenience and character of a central Winnipeg neighbourhood but who prioritizes a more contemporary build. It’s a practical choice for those wanting to avoid the major updates often needed in heritage homes, while still benefiting from a mature streetscape. It could also appeal to an investor or homeowner who values the detached garage and the potential of the renovated lower level.
Section 2: Frequently Asked Questions
1. How does the 1977 build year affect this property?
Positively, in terms of infrastructure like wiring, plumbing, and insulation likely meeting more modern standards than its older neighbours. However, it may lack the architectural character and craftsmanship found in the early-1900s homes that define much of the area.
2. The assessed value seems high for the street. Why?
The assessment reflects the property’s newer construction, renovated basement, and overall condition compared to its peers. It’s viewed as a top-tier property on Maryland Street, which is a key consideration for both property taxes and perceived value.
3. Is the living space sufficient?
At 1,150 sqft (plus the renovated basement), it is below average for its specific street but around average for the Daniel McIntyre neighbourhood overall. The renovated basement effectively expands the usable living area, making it more functional than the main floor square footage alone suggests.
4. What does the lot size offer?
At 3,506 sqft, the lot is above average for the central neighbourhood, providing good outdoor space for a city home. The detached garage is a significant benefit, offering secure parking or storage not always available in older areas.
5. How does this property fit into the community?
It represents a more modern infill within a historic neighbourhood. Buyers will be part of a classic Winnipeg community but in a home that may require less immediate upkeep than its older counterparts. This contrast is a defining feature of the property.