Property Overview: 414 Maryland Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out for its exceptionally generous living space within a well-established neighborhood. At 2,731 sqft, the interior size is a defining feature, ranking in the top tier for the St. Matthews area and significantly above local and city averages. Built in 1905, it offers classic character and is notably older than most area homes, appealing to those who appreciate historic charm. The assessed value of $260k is above average for the immediate street and neighborhood, yet sits below the Winnipeg city average, suggesting a potential value proposition for the amount of space offered.
The primary appeal lies in acquiring a much larger-than-typical home in a mature community without a premium citywide price tag. It suits buyers looking for room to grow, who value the character of an early-1900s build, and who are savvy about prioritizing interior space over a larger lot. A thoughtful perspective is that this property represents a specific trade-off: you gain impressive interior volume and historic roots in a convenient location, but must be prepared for the maintenance realities of a 121-year-old structure and a lot size that is modest by broader city standards.
Section 2: Frequently Asked Questions
1. Why is the assessed value below the city average while the living space is so far above it?
This is common in established, older neighborhoods where land and home values haven't escalated at the same rate as in newer suburban developments. The value reflects the local market in St. Matthews more than the city's sprawling average, which is pulled upward by newer, high-value areas.
2. What does the "Below Average" city ranking for Year Built mean?
It simply confirms this is an older home compared to the overall Winnipeg housing stock. On its own street, its age is typical. This ranking highlights its historic nature but doesn't inherently indicate condition.
3. How reliable are the sold price and history details provided?
The site states it does not have access to official MLS sales records. The data is compiled from public sources and is presented as reasonably reliable but not guaranteed. For a verified transaction history, you must request a manual lookup from their team.
4. The lot size is "Below Average" citywide but "Above Average" for the neighborhood. Which is more relevant?
The neighborhood comparison is more practical for daily living. It means the yard is typical or slightly larger than others in St. Matthews, but you shouldn't expect a suburban-sized lot. This is characteristic of older, inner-city communities.
5. Who would this home not suit as well?
Buyers seeking a modern, low-maintenance build or those who prioritize a very large private yard over interior square footage might find other properties a better fit. The home likely requires an appreciation for older home upkeep and a design focused on efficient use of urban lot space.