Property Overview: 843 Centennial Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 843 Centennial Street in the Mathers neighbourhood presents a practical, value-oriented opportunity. Built in 1956, its key characteristic is its modest scale, with 960 sqft of living space on a roughly 5,100 sqft lot—both figures are below the current averages for the immediate area and city. This is reflected in its assessed value, which is notably lower than most neighbouring properties. The appeal lies squarely in its position as an accessible entry point into the Winnipeg market, offering a lower financial barrier for land ownership and the chance to live in an established community. It last sold between 2019 for an estimated $250k-$300k.
The property would best suit a first-time buyer, an investor, or a hands-on individual looking for a footprint to customize over time. Its below-average size and value for the street suggest it may be one of the more affordable options in the area, ideal for those prioritizing location and lot potential over immediate move-in size or finish. A thoughtful perspective is that a home ranking "below average" in metrics like living area in its own neighbourhood often represents the original, un-renovated stock—offering a clearer canvas for personalization compared to homes that have already been expanded or fully updated.
Section 2: Frequently Asked Questions
1. Is this a small house for the area?
Yes. The living area of 960 sqft ranks in the bottom 27% for Centennial Street, where comparable homes average about 1,117 sqft. This indicates it's one of the more compact homes on the block.
2. Why is the assessed value so much lower than nearby homes?
The assessed value of $31,100 is in the bottom 19% for Mathers, where the average is over $42,000. This typically correlates with the home's smaller size, older condition, or a combination of factors not captured in basic metrics, making it a lower-valued asset in a higher-valued area.
3. How old is this home compared to others nearby?
Built in 1956, it is very close to the average build year for Centennial Street (1955) and is slightly older than the average for the wider Mathers area (1958).
4. What is the lot size, and is it typical?
The lot is 5,099 sqft, which is actually slightly larger than the average lot on Centennial Street (4,612 sqft). This means while the house itself is modest, the property offers a proportional or slightly above-average amount of outdoor space for its immediate locale.
5. How can I find out the exact price it last sold for?
The provided sold price is a public data range. To obtain the exact sale price from its last transaction in 2019, you must request it directly via the email service mentioned on the listing page, as this information is not disclosed publicly in detail.