Property Overview: 616 Maryland Street
Key Characteristics & Appeal
This two-storey home, built in 1906, offers a classic footprint with 1,448 sq ft of living space on a 3,504 sq ft lot in the Daniel McIntyre neighbourhood. Its key characteristics are defined by context: while its living space and assessed value are quite average for both its immediate street and the neighbourhood, it sits on a larger-than-average lot for Daniel McIntyre. This presents a classic city-home trade-off—the structure itself is typical for the area, but the land parcel offers relative rarity and potential.
The appeal lies in its positioning as a grounded, no-frills opportunity in a central Winnipeg community. It suits a practical buyer who values location and lot size over modern finishes, as the basement is noted as unrenovated and there is no garage. It would be a fit for a first-time homeowner comfortable with a project, an investor looking for a character property with standard area rentals, or someone seeking the established streetscape of an older neighbourhood without the premium of a fully updated home. A thoughtful perspective is to see it as a "blank canvas with good bones and a better-than-average yard," where the value is in the underlying land and community, not in recent upgrades.
Frequently Asked Questions
1. How does this home compare to others in Daniel McIntyre?
Its living space and assessed value are around the neighbourhood average. Its most notable comparative feature is its land area, which is larger than about 84% of properties in Daniel McIntyre, offering more outdoor space than typical.
2. What should I know about the age of the home?
Built in 1906, it is older than most homes in Winnipeg. This is typical for the Daniel McIntyre area, but it necessitates a thorough inspection to understand the condition of original elements like wiring, plumbing, and the foundation.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value is for municipal tax purposes. The last recorded sale was in 2016 for $19,500, but market conditions have changed significantly. Current sale prices are determined by the market and can be higher or lower than the assessed value.
4. What does "basement, not renovated" imply?
It indicates the lower level is in a functional but likely original or utilitarian state. Buyers should budget for potential updates, moisture management, or repairs, and view it as unfinished space with potential rather than a completed living area.
5. The home lacks a garage. What are the parking options?
The property has no garage. Parking would be via on-street permits. It’s important to check current City of Winnipeg regulations for resident parking availability and any associated costs on Maryland Street.