Property Overview
This home at 789 Centennial Street in Winnipeg's Mathers neighbourhood presents a straightforward, mid-century property with solid fundamentals. Built in 1957, its 1,002 sqft living space and 4,284 sqft lot are modest but align closely with the immediate street's averages, suggesting it fits comfortably within its local context. The assessed value is similarly in line with area norms. Its appeal lies in its unassuming, proportional scale—it’s not an outlier in size, value, or lot, which can indicate stability and predictability. This would suit a practical, first-time homebuyer or an investor looking for a manageable property without extreme variables, in a mature neighbourhood where values are consistent. A less obvious perspective is that a home ranking solidly "around average" across multiple metrics can represent a lower-risk entry point, as it is less likely to be over-improved or carry a premium for atypical features.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows it is very typical for Centennial Street. Its living area, assessed value, year built, and land area all rank close to the median for the immediate area, meaning it is a representative example of the housing stock on this block.
2. Is the lot size a pro or a con?
At just over 4,200 sqft, the lot is below the average for the wider Mathers area but is fairly standard for this specific street. It offers a manageable outdoor space without excessive maintenance, but may not suit those seeking a particularly large yard.
3. What can the assessed value tell me?
The assessed value of $39,500 is around the average for the street and neighbourhood. It's important to note this is a value for taxation purposes and typically does not reflect current market value, which is often significantly higher, as hinted by the citywide comparison figure of $390k.
4. How can I find out what it last sold for?
The listing indicates a sold price range of CA$300k–350k in 2016. To obtain the exact sale price, you must request it via email from the listing service, as they provide that detail manually.
5. What are the less obvious things to consider with a 1957 home?
While the systems and structure are now nearly 70 years old, the home was built in a period of solid construction. However, this also means key components like plumbing, electrical, and the roof are likely at or beyond their typical lifespan, so a thorough inspection is essential to understand the scope of any needed updates or maintenance.