Property Overview: 627 Maryland Street
Key Characteristics & Appeal
This is a classic two-storey home built in 1905, offering a blend of historic charm and practical updates. With 1,105 square feet of living space and a renovated basement, it provides functional living in a well-established Daniel McIntyre neighbourhood. The home sits on a 3,073 sqft lot, which is notably above average for the area, offering valuable outdoor space in an inner-city setting. A detached garage adds practical storage or workshop potential.
Its primary appeal lies in being a grounded, no-frills property in a central location. The assessed value is significantly below both area and city averages, suggesting a potentially accessible entry point into the Winnipeg market. This isn't a large or modern showpiece; instead, it suits a pragmatic buyer—perhaps a first-time homeowner, an investor, or someone seeking a character home without a massive footprint. The above-average lot size for Daniel McIntyre is a less obvious advantage, providing room to breathe, garden, or expand, which is uncommon for homes of this vintage in core neighbourhoods.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
The assessed value is well below averages for the street, neighbourhood, and city. This typically indicates a more affordable entry point but warrants a closer look during a viewing to understand the property's condition and any factors influencing this valuation.
2. How does the living space compare to nearby homes?
At 1,105 sqft, the living area is smaller than most direct neighbours on Maryland Street but is very close to the average for the broader Daniel McIntyre area. This suggests a efficiently sized home that is typical for the community.
3. The home was built in 1905. What should I consider?
While the basement has been renovated, a home of this age will likely have character details but also require attention to aging components like plumbing, electrical, and the foundation. A thorough inspection is essential.
4. Is the lot size a significant feature?
Yes. The lot is over 3,000 sqft, which ranks in the top 30% for Daniel McIntyre. This is a standout feature for the area, offering more private outdoor space than many comparable properties.
5. How does the last sale price from 2019 relate to today's market?
The 2019 sale price of $13,500 is a historical data point. Given market changes and the home's assessed value, it should not be used as a direct indicator of current value but rather as part of the property's history.