Property score
65.2
Good
Overall 65.2 · Larger but older than most nearby homes
1,258 sqft (top 21%) · Built in 1950 (4 yrs older than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Below average
4 yrs older 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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65.2 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
538 Centennial Street — 15 amenities found within 500 m, across 8 categories, including 4 dining (nearest 251 m), 2 education (nearest 429 m), 2 healthcare (nearest 140 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 | Top 32% | Top 24% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 538 Centennial Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the J.B. Mitchell neighbourhood presents a solid, grounded opportunity. Its key strength lies in its above-average assessed value relative to its immediate area, ranking in the top 12% on its street and top 8% in the neighbourhood. This suggests it is viewed as a higher-value property within its local context. The living space (1,258 sq ft) and lot size (5,420 sq ft) are both comfortably above the local averages, offering more room than many nearby homes. A renovated basement and a detached garage add practical value.
The appeal here is for a pragmatic buyer who values space and established neighbourhood character over new construction. It suits a first-time buyer or an investor looking for a property with strong fundamentals in a mature area, where the value is already evident compared to its peers. A thoughtful perspective is that while the home was built in 1950, its above-average rankings in key metrics show it has been maintained or improved in ways that outpace many of its contemporaries. It’s not the newest home, but it stands out as a leader within its cohort.
Section 2: Frequently Asked Questions
1. What does the "above-average assessed value" ranking actually mean?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in the J.B. Mitchell area. This can indicate better finishes, more updates, or a more desirable configuration than its neighbours, which is often reflected in market value.
2. Is the older year (1950) a concern?
The year built ranks as average for the street but below average for the wider city. This is typical for mature neighbourhoods. The more relevant data is that its value and living area rank highly, suggesting the home's condition and utility have been kept current despite its age.
3. How does the lot size compare?
At 5,420 sq ft, the lot is larger than most on Centennial Street (top 24%). This is a notable advantage, providing more outdoor space than typical for the immediate area, which is often a premium in established communities.
4. What can the 2017 sale price range tell me?
The prior sale price (approx. $39.5k - $42.5k) provides a historical benchmark. Comparing it to the current assessed value of $48.60k shows the property's appreciated value assessment over an 8-year period, useful for understanding long-term trends.
5. Who would this property not suit?
It may not suit buyers seeking a modern, turn-key home in a newer suburb, or those who prioritize being significantly above city-wide averages in size and year built. This home’s advantages are most pronounced when compared directly to its local surroundings.
