824 Centennial Street

Property Summary: 824 Centennial Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Centennial Street in the Mathers neighbourhood presents a balanced, grounded opportunity. Built in 1956, its 1,166 sqft living space is squarely average for the area, suggesting a practical layout without extremes. The standout feature is the 5,766 sqft lot, which ranks in the top 10% on its street, offering above-average outdoor space—a valuable asset for gardening, play, or future expansion. The assessed value is consistent with nearby homes, indicating a stable, established setting rather than an undervalued project or a premium luxury address.

Its appeal lies in its consistency and the potential of its generous lot. It suits buyers looking for a straightforward home in a mature neighbourhood without the premium price of a newly renovated property. It would be a practical fit for a first-time buyer comfortable with a home of this era, a downsizer seeking a manageable size with a good yard, or an investor attracted to the stability of an average-priced asset in a long-established area. The recent sale in 2023 suggests a modern transaction history, providing clearer market context than many older homes.

Section 2: Frequently Asked Questions

1. Is this a fixer-upper or a move-in-ready home?
The listing details do not specify condition or updates. Given its 1956 build date and average metrics, prospective buyers should be prepared for due diligence. It may be well-maintained but likely requires updates consistent with its age.

2. How does the large lot size impact value and utility?
While the living area is average, the lot size is a significant positive. This could allow for additions like a garage, workshop, or deck, or simply provide more private green space than most neighbours—a key long-term value driver.

3. What does the sold price history tell us?
The home sold between $400k-$450k in 2023. Comparing this to the current assessed value is crucial, as it shows recent market activity and may indicate the direction of local values.

4. What is the neighbourhood (Mathers) like?
The data shows homes here are very comparable in age, size, and value. This suggests a uniform, stable community without wide disparities between properties, often appealing for its predictability.

5. How can I get the exact past sale prices?
The exact sold prices are not publicly listed. As noted on the detail page, you can request this information directly via email from the service, which provides the figures manually without marketing spam.