Property Overview: 611 Maryland Street
This two-and-a-half storey home, built in 1907, offers a blend of historic character and above-average living space in Winnipeg's Daniel McIntyre neighbourhood. Its primary appeal lies in its generous 2,147 sqft interior, which ranks within the top 18% of homes on its street and the top 2% within the neighbourhood, providing significantly more room than local averages. The property features a detached garage and an unrenovated basement, presenting a canvas for customization. It suits buyers looking for a character home with ample square footage who are comfortable with a property that has retained its original basement condition. A thoughtful perspective for this home is its established presence on a street of similar vintage homes, offering a sense of continuity, though its lot size is more compact than many on the block. It represents an opportunity to own a spacious, classic home in a central location, ideal for someone valuing interior space over expansive outdoor land.
Frequently Asked Questions
1. How does the home's value compare?
The assessed value is around average for Maryland Street and above average for the Daniel McIntyre neighbourhood, but below the city-wide average. This suggests it is priced in line with its immediate, historic area rather than newer suburban developments.
2. What does "unrenovated basement" imply?
It means the basement remains in its original or older state, without modern finishes or updates. This presents both a potential project and an opportunity to customize the space to a new owner's specific needs and taste.
3. Is the lot size a concern?
At 2,990 sqft, the lot is smaller than most on Maryland Street. This means lower outdoor maintenance but also limited private yard space. It's a typical trade-off for a larger interior in an established, central neighbourhood.
4. What is the significance of the home's age?
Built in 1907, it is older than most homes in Winnipeg. This often means charming architectural details and solid construction, but also implies that attention should be paid to the age of major systems like plumbing, wiring, and the roof during an inspection.
5. How stable is the property's history?
Recent sale data shows a significant increase in price between 2016 and 2022, reflecting broader market trends. This history indicates the property has been an asset that has appreciated in value over the medium term.