Property Overview: 664 Maryland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-and-a-half storey home built in 1905, offering 1,667 sqft of living space on a 3,505 sqft lot with a detached garage. Its core appeal lies in its above-average size and established character within the Daniel McIntyre neighbourhood. Compared to other homes in the area, it provides more living space than roughly 92% of properties, making it a notably spacious option for the community.
The home suits buyers looking for a character property with room to grow or adapt, particularly those comfortable with a home that has a functional but unrenovated basement. It represents a solid entry into a central Winnipeg neighbourhood for an owner-occupant who values space over turn-key condition, or for an investor seeking a property with inherent value due to its larger footprint. A thoughtful perspective is that while its assessed value is modest city-wide, it ranks well within its immediate area, suggesting it is a proportional and established property on its street rather than an outlier, which can be appealing for long-term stability.
Section 2: Frequently Asked Questions
1. How does the home’s size compare practically?
At 1,667 sqft, the living area is significantly larger than the typical Daniel McIntyre home (which averages 1,142 sqft) and the Winnipeg city average. This means more room for families, home offices, or flexible living arrangements compared to many neighbouring properties.
2. What should I know about the assessed value?
The City’s assessed value is $22,900. It’s crucial to distinguish this from market value. This assessment is used for property tax calculation and is notably lower than the recent sale price of $250k (May 2024), which is the figure that reflects the current market.
3. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated." Buyers should budget and plan for its current use as utility and storage space, with any future finishing being a potential project.
4. What does the "Top %" ranking mean for the year built?
The home was built in 1905. While this is around average for Maryland Street, it ranks in the top 80% (older than 80% of homes) in Daniel McIntyre and top 98% city-wide, meaning it is among the older 2% of homes in Winnipeg. This underscores its heritage character but also implies potential considerations for maintenance and systems updates.
5. How does the lot size impact the property?
The 3,505 sqft lot is above average for Daniel McIntyre, offering more outdoor space than 85% of area homes. However, it is below the city-wide average, which is skewed by newer suburban lots. In this central neighbourhood, the lot size is a relative strength, providing decent yard space in an established urban setting.