Property score
65.3
Good
Overall 65.3 · Newer than most nearby homes
1,103 sqft (top 42%) · Built in 1988 (34 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
34 yrs newer than neighborhood avg.
Mother tongue
English · 62%Punjabi · 4%
Past 10 years J. B. Mitchell sales snapshot (~80% of all data)
123
375k
$469/sqft
1954
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65.3 is composed by the two sections below.
Property Score
Community Score
J. B. Mitchell
How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110371
$73K
Median household income
$75K
Average household income
20%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.0
P90 / P10 ratio
37%
Single-person households
18%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
518 Centennial Street — 15 amenities found within 500 m, across 8 categories, including 4 dining (nearest 253 m), 2 education (nearest 379 m), 2 healthcare (nearest 87 m).
J. B. Mitchell · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -98%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 5% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 518 Centennial Street, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home on Centennial Street presents a practical opportunity in Winnipeg's J.B. Mitchell neighbourhood. Its key characteristic is its relative modernity, having been built in 1988. This makes it notably newer than almost all homes on its street and in the immediate area, which typically date to the mid-1950s. For a buyer, this suggests potentially fewer concerns with outdated major systems and a layout that aligns more with contemporary living.
The appeal lies in this balance of a newer structure on an established lot. The living space of 1,103 sq ft is consistent with area averages, offering a manageable size for smaller households or first-time buyers. It features a detached garage and a basement (not renovated), providing storage and workshop potential. However, the lot size is compact, even for the city, which translates to lower outdoor maintenance but less private yard space.
This property would best suit a value-conscious buyer looking for a home that is younger than its neighbours, prioritizing the condition and era of the building itself over land size. It’s a pragmatic choice for someone who wants a foothold in an established area without the typical upkeep challenges of a 70-year-old house. The significantly below-average assessed value for the area also indicates it may be positioned as an accessible entry point or a project home with room to add value through updates.
Frequently Asked Questions
1. How does the age of this home compare to others nearby?
It is much newer. Built in 1988, it ranks in the top 9% for age on its street and the top 1% in J.B. Mitchell, where most comparable homes were built around 1954-1955.
2. Is the lot size a significant consideration?
Yes. The land area is approximately 2,700 sq ft, which is below average for the street, neighbourhood, and city-wide. This means a smaller yard, which could be a pro for low maintenance or a con for those seeking extensive outdoor space.
3. What does the "below average" assessed value indicate?
The home's assessed value is lower than about 85-97% of comparable properties on its street and in J.B. Mitchell. This doesn't dictate market price but can suggest the home is a relative value in the area or may require modernization.
4. Was the basement finished, and what is its condition?
The listing specifies a basement exists but that it is "not renovated." Buyers should budget for potential finishing or updates and investigate its current condition for moisture or foundational issues.
5. How can I find out the exact historical sale price?
The listed sale price from 2017 is a public range. The site states that exact sold price history can be obtained by emailing their team, which provides the accurate figure manually without using your email for unsolicited marketing.
