Property Summary: 867 Centennial Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Centennial Street in the Mathers neighbourhood presents a solid, value-oriented opportunity. Built in 1958, it is a slightly newer construction compared to many immediate neighbours. With 1,036 sqft of living space and a 4,589 sqft lot, its size is very typical for the street, offering a manageable footprint.

The primary appeal lies in its strong assessed value of $44,700, which ranks well above average for both the street and the wider Mathers area. This suggests the property is in good standing relative to its peers, potentially due to updates, condition, or its specific location on the block. Historical sold price ranges indicate consistent market interest.

This property would suit a pragmatic first-time buyer or an investor looking for a character home in a stable, established neighbourhood without a premium price tag. It’s for someone who values a home that holds its own in the local market more than having standout size or a massive yard. A thoughtful perspective is that its "above average" assessment on a street of similar homes could signal a well-maintained property that avoids the extreme highs or lows, offering a balanced, low-drama entry into homeownership.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to likely market value?
The assessed value for taxation purposes ($44,700) is a fraction of the home’s market value, as shown by its last sold price range of $350k–$400k. The key takeaway is that its assessment ranks highly compared to neighbours, which is a positive indicator of its relative condition or appeal.

2. Is the living space smaller than average?
At 1,036 sqft, it is slightly below the average for the Mathers area but is very typical for Centennial Street itself. This indicates the home fits the character of the immediate block, which often consists of cozier, classic layouts.

3. What does the lot size mean for outdoor space?
The lot is standard for the street but is smaller than many lots in the broader Mathers area and city. This means a manageable yard for maintenance, but may not suit those looking for extensive outdoor space for gardening or expansion.

4. The home was last sold in 2017 and 2021. What does that indicate?
The two sales in a four-year period could reflect a number of standard scenarios, such as an investor flipping the property, a homeowner relocating, or an estate sale. It shows active market interest but warrants asking about the nature of any renovations completed during that time.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide them manually via email upon request, with a commitment to reply promptly and not use the contact for unsolicited marketing.