Property Overview: 765 Centennial Street, Winnipeg
Key Characteristics & Appeal
This home at 765 Centennial Street in the Mathers neighbourhood is a practical and well-situated property. Built in 1957, it offers 1,014 square feet of living space on a generous 5,099 sqft lot. Its assessed value is notably modest compared to city-wide averages, which may present an opportunity. The appeal here lies in its solid positioning within its immediate area—its living space, lot size, and value are all around or above the average for Centennial Street itself. This suggests it's a stable, representative home in its specific locale, not an outlier. Recent sale activity indicates strong appreciation since 2016.
It would suit a first-time buyer or pragmatic investor looking for a foothold in a mature neighbourhood without a premium price tag. The above-average lot size for the street is a less obvious advantage, offering potential for outdoor space or future expansion relative to nearby homes. It’s a property for someone who values neighbourhood consistency over a brand-new build.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is below the average for the broader Mathers area but aligns closely with the average on Centennial Street itself. This indicates it is priced consistently within its specific streetscape.
2. Has the property value increased?
Yes. Based on sold price ranges, the property appreciated significantly between its 2016 sale (CA$250k–300k) and its 2024 sale (CA$450k–500k).
3. Is the lot size a notable feature?
Yes. The lot of 5,099 sqft ranks in the top 35% on Centennial Street, meaning it is larger than many direct neighbours, which is a key point of differentiation.
4. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them via email from the listing service, which provides them manually without using your email for marketing.
5. How does the age of the home compare?
Built in 1957, it is slightly newer than the average home on its street but typical for the wider city. Buyers should anticipate maintenance consistent with a home of this vintage.