Property Summary: 823 Centennial Street, Winnipeg
Key Characteristics & Appeal
This home at 823 Centennial Street presents a solid, above-average offering within its immediate Mathers neighbourhood and street. Built in 1958, it is notably newer than many neighbouring homes, which often suggests updated infrastructure or a longer potential timeline before major system replacements. With 1,288 sqft of living space, it provides more room than most comparable homes on Centennial Street and in Mathers, offering practical space for a growing household or those wanting extra flexibility.
Its appeal lies in its strong positional metrics rather than extreme standout features. The property holds its value well, with an assessed value that ranks above average for both the street and city-wide. The lot size of just over 5,000 sqft is typical for the area, providing decent outdoor space without excessive maintenance. A key, less obvious perspective is that this home represents a stable "middle ground"—it's not the largest or newest, but it consistently outperforms local averages, indicating a reliable and desirable asset in its market segment. This would suit first-time buyers or young families looking for a move-in-ready home in an established neighbourhood, as well as value-focused buyers who appreciate a property that benchmarks well against its peers without a premium price tag.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,288 sqft, the living area is above average for both Centennial Street and the broader Mathers area, offering more interior space than roughly 80% of comparable local homes.
2. What does the assessed value ranking indicate?
With an assessed value ranking in the top 22% on its street and top 30% city-wide, this property is considered more valuable than a significant majority of comparable homes, which can reflect positively on its condition, features, and lot desirability.
3. The home was built in 1958. Is that a concern?
Interestingly, a 1958 build date is actually newer than most homes on Centennial Street (ranking in the top 15%), suggesting it may have benefited from later construction standards or updates compared to its immediate neighbours.
4. What was the recent sale history?
Public records indicate the home sold between $450,000 and $500,000 in 2022. For the exact sale price, you can request details directly from the listing service.
5. How does the lot size compare?
The 5,099 sqft lot is around the average for Centennial Street. It’s a manageable size, typical for the neighbourhood, offering a good balance of yard space and low-maintenance living.