117-70 Maryland Street – Property Summary
Key Characteristics & Buyer Profile
This is a 947-square-foot home built in 1981, located on Maryland Street in Winnipeg’s Wolseley neighbourhood. On its street, it ranks #1 for living area—meaning it’s the largest home among 42 comparable properties in that immediate stretch. That’s an unusual distinction and gives it more interior space than most of its direct neighbours. The assessed value sits at $196,000, which is above average for both the street and the wider Wolseley area, but still below the citywide average for comparable homes.
The appeal here is less about “bargain” and more about relative value within a desirable older neighbourhood. Wolseley is known for its tree-lined streets, character homes, and walkability—so a 1980s build is newer than much of the surrounding housing stock (the neighbourhood average build year is 1936). For a buyer who wants a functional, modernized interior without the maintenance baggage of a century home, this offers a middle ground. It’s also worth noting the property ranks in the top 6% of Wolseley for year built—meaning you’re getting a comparatively newer structure in an area full of older houses.
This would suit a buyer who values space and a more recent build in a mature, central neighbourhood, and who is comfortable paying a moderate premium for those features. It’s less suited for someone looking for a fixer-upper or a below-market entry point.
Five Possible FAQs
1. How does the living area compare to other homes on the street?
It ranks #1 out of 42 homes on Maryland Street, with 947 square feet versus the street average of 770. That’s about 23% larger than a typical nearby house.
2. Is this property considered good value for Wolseley?
The assessed value is above the neighbourhood average ($196k vs. $145.8k), but that’s partly because the home is larger and newer than most in the area. Whether it’s “good value” depends on how much you’re willing to pay for those advantages in a central location.
3. How old is the house, and how does that compare locally?
Built in 1981, it’s newer than the vast majority of homes in Wolseley, where the average build year is 1936. It ranks in the top 6% of the neighbourhood for recency.
4. What’s the neighbourhood like in terms of walkability and character?
Wolseley is one of Winnipeg’s most walkable and established neighbourhoods, with a mix of older homes, mature trees, and proximity to the Assiniboine River, parks, and local shops. This home fits into that setting but stands out for being more modern in construction.
5. Should I expect the assessed value to be close to the market price?
Assessed value is a baseline, not a guarantee. In a desirable area like Wolseley, market prices can exceed assessment—especially for a larger, newer home. It’s wise to look at recent sales in the immediate area for a truer picture.