Property Overview
73 Maitland Drive presents a unique profile in Winnipeg's River Park South neighborhood. Its appeal is rooted in a specific balance of space, value, and location rather than sheer size.
Key Characteristics & Appeal
This 1979-built home is compact, with 829 sqft of living space, which is notably below average for both the street and the wider neighborhood. However, this is balanced by a larger-than-average lot for the street (over 5,000 sqft), offering valuable outdoor space and potential. The assessed value of $379k sits above the street average, suggesting the property is well-maintained or has features that offset its smaller footprint.
Its primary appeal lies in efficiency and land value. It suits first-time buyers seeking an entry point into a stable neighborhood, downsizers looking to maintain a yard without a large house to maintain, or investors interested in a property where the land represents a significant portion of the value. The recent sale history indicates steady market interest. A less obvious perspective is that a home of this size and era, on a good lot, can represent a lower-carbon footprint and more manageable utility costs, aligning with practical, minimalist living.
Frequently Asked Questions
1. Is the house too small for a small family?
While below average in size, the layout is key. Many families have successfully raised children in homes of this scale, especially when complemented by a generous yard. It promotes efficient use of space but may require creative storage solutions.
2. Why is the assessed value above the street average when the house is smaller?
Assessed value considers multiple factors, including lot size, condition, improvements, and market trends. This property's lot is significantly larger than others on the street, which positively impacts its valuation, as could recent updates or its specific location on the block.
3. What does the lot size offer practically?
The 5,001 sqft lot provides ample room for gardening, recreational space, and privacy—a feature that is becoming rarer in newer subdivisions. It also offers long-term potential for additions or landscaping projects that a smaller lot would not.
4. How does the age of the home (1979) affect maintenance?
Homes from this era often have simpler, robust construction but may require updates to major systems like roofing, windows, or heating. A thorough inspection is advised to identify if key components are original or have been modernized.
5. Where can I get verified sale price history for this property?
The site provides estimated sold price ranges. For fully verified and exact transaction figures, you must request a manual lookup via email, as this data is not sourced from or displayed on the platform due to industry regulations.