Property Overview: 670 Centennial Street, Winnipeg

Key Characteristics & Appeal

This well-situated two-storey home in J. B. Mitchell offers a practical and comfortable living space. Its key feature is a recently renovated basement, adding valuable finished square footage to the 1,311 sqft main living area. The home sits on a standard city lot with a detached garage. Built in 1956, it represents a solid, mid-century construction.

The appeal lies in its balance and context. While the home’s assessed value and lot size are generally average when viewed city-wide, it stands out positively within its immediate neighborhood. The living space is notably above average for both Centennial Street and the J. B. Mitchell area, meaning you get more interior room than many nearby homes. Furthermore, its year of build is newer than most in the neighborhood, which can suggest updated infrastructure or a favorable position in the area's development timeline. This combination makes it a strong, sensible option for buyers seeking a move-in ready home with a modernized lower level in an established community. It would suit first-time buyers, small families, or downsizers looking for a manageable property with character and space to live, without the premium price tag of a larger or newer lot.

Frequently Asked Questions

1. How does the renovated basement affect the living space and value?
The renovated basement directly adds functional, finished square footage to the home, a significant advantage as the above-ground living area is already larger than many neighborhood comparables. This renovation likely enhances the home's usability and appeal, though it's important to verify the quality, permits, and nature of the renovation (e.g., is it a legal suite or a rec room?).

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $410k is a benchmark for municipal taxes. The last known sale was in mid-2021 for approximately $38.5k-$41.5k. The current market value will be influenced by factors beyond the assessment, including the renovated basement, current market conditions, and the home's condition relative to nearby sales.

3. What does the "above average" ranking for year built in J. B. Mitchell mean?
In this context, a 1956 build date is "above average" because it is newer than many homes in this specific neighborhood. This doesn't mean the home is new, but that it may be comparatively younger than many surrounding properties, which could be a positive for certain structural or system elements.

4. What are the implications of the lot size being "below average" for the neighborhood?
The lot is slightly smaller than the average for J. B. Mitchell. For a buyer, this typically means less yard maintenance but may also mean less private outdoor space. It's wise to visit the property to see if the lot layout and the detached garage placement meet your needs for parking, gardening, or recreation.

5. How can I find out the exact historical sale prices?
The exact sale prices are not publicly displayed in detail. As noted on the listing, you can request the precise sold price history by emailing the provided contact; they manually provide this data without using your email for unsolicited marketing.