415 Centennial Street

Property Overview: 415 Centennial Street, Winnipeg

Key Characteristics & Appeal

This is a compact, post-war home built in 1947, offering a straightforward living space of 642 square feet on a roughly 5,100 square foot lot. Its key appeal lies in its position as an attainable entry point into the Sir John Franklin neighborhood. The home’s assessed value of approximately $302,000 is notably below the averages for both its immediate street and neighborhood, suggesting a potentially lower property tax burden and an opportunity for value-conscious buyers.

The property suits first-time homebuyers, downsizers, or investors seeking a manageable footprint with land potential. Its lot size is above average for the street, offering relative outdoor space for its category. A thoughtful perspective is that this home represents the "baseline" of the area—owning here means investing in the neighborhood's location and community rather than premium square footage, which could be ideal for those who prioritize lifestyle over large interior spaces. The recent sale in the $300k-$350k range aligns with its assessed value, indicating a market-recognized, stable valuation.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 642 sqft, the living space is significantly smaller than most comparable homes on the street, in the neighborhood, and across Winnipeg, ranking in the top 2-3% for compact size.

2. Is the assessed value high for the area?
No. The assessed value is below the average for both Centennial Street and the Sir John Franklin neighborhood, though it is closer to the citywide average.

3. What is the potential based on the lot size?
The lot of 5,097 sqft is larger than the street average, providing a relative advantage for outdoor use or future expansion, subject to zoning and permits.

4. How can I find out the exact sold price?
The site provides sold price ranges for non-members. To receive the exact verified sold price and history, you must request a manual lookup via email from the service.

5. Are the sold prices on this page from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. For fully verified transaction records, a direct email request is necessary.