Property Overview: 911 Centennial Street, Winnipeg
Key Characteristics & Appeal
This home at 911 Centennial Street in the Mathers neighbourhood presents a compelling mix of value and established character. Built in 1959, it is newer than many homes on its street and in the immediate area, which can be an advantage for systems and structure. With 1,047 sqft of living space, it offers a comfortably sized layout that is very typical for the locale. The standout metric is its Assessed Value, which ranks above average for the street, neighbourhood, and city, suggesting the property is viewed favorably relative to its peers.
Its appeal lies in its position as a solid, mid-century home in a mature neighbourhood. The lot size, while below average for the area, offers manageable outdoor space. The property’s recent sale history indicates steady market interest. This home would suit a first-time buyer or an investor looking for a character home with proven value in a stable Winnipeg neighbourhood. It’s a practical choice for someone who appreciates a home that compares well on key municipal assessments without requiring the upkeep of a larger lot.
Frequently Asked Questions
1. What does an "above average" assessed value actually mean?
It means the city’s assessment for this property is higher than most comparable homes nearby. This often reflects a combination of the home’s condition, improvements, and desirability within its specific market, but it’s not a direct indicator of future sale price.
2. Is the below-average lot size a major drawback?
Not necessarily. A smaller lot (4,079 sqft) means less maintenance, which can be a benefit for many buyers. While it’s smaller than others in Mathers, it is still a standard city lot, offering a balance of private outdoor space without being overwhelming.
3. The home sold recently in 2021 and 2023. Should that concern me?
Frequent sales can happen for many personal reasons. The consistent sale within a strong price range over those years suggests the property has held its market value effectively in recent times.
4. How does the 1959 build year affect the home?
Being built in 1959 places it in the mid-century era. This often means straightforward construction and room layouts, but it also indicates that major components like the roof, windows, or plumbing may be due for updates or have been recently modernized—a key point for a home inspection.
5. Where can I see how this property compares visually to its neighbours?
You can use the provided neighbourhood analysis page link to view the home on a map and compare its year built, living area, and lot size directly against nearby houses for a clear contextual understanding.