543 Centennial Street

J. B. Mitchell, Winnipeg

Property score

49.0

Below average

Overall 49.0 · Smaller and older than most nearby homes

784 sqft (bottom 3%) · Built in 1953 (1 yr older than avg)

Located in a above-average income area with median household income of ~70k

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

Below average

30% smaller than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 74%French · 3%

Past 10 years J. B. Mitchell sales snapshot (~80% of all data)

Sold Count

123

Median price

375k

$/sqft

$469/sqft

Avg build year

1954

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Property score

49.0 is composed by the two sections below.

Property Score

35.0Low
Living Area22
784 sqftLow
Year Built36
1953Low
Lot Size67
5,101 sqftGood
Neighbourhood Sales Activity90
Excellent

Community Score

70.1Good
Household Income72
Good
Education Level63
Fair
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111141

Community deep dive

$70K

Median household income

$74K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

46%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)1,011
Labour force participation rate70%
Median age44.0
Avg household size1.9
Unemployment rate8%
Population density3888 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households46%
Couple families with children13%
Median household income (2020)$70K

Housing

Renter households56%
Condominium dwellings55%
Median dwelling value (owners)$188K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority19%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 73%
Mother tongue (2nd)French · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
784 sqft
0255075100
Same streetBottom 12%Same areaBottom 3%CitywideBottom 8%
Same street · Centennial Street
#305 / 347
Bottom 12% · Avg 1,117 sqft
Same area · J. B. Mitchell
#297 / 307
Bottom 3% · Avg 1,121 sqft
Citywide · Winnipeg
#178,771 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
341k
0255075100
Same streetBottom 28%Same areaBottom 11%CitywideBottom 43%
Same street · Centennial Street
#251 / 347
Bottom 28% · Avg 388.2k
Same area · J. B. Mitchell
#274 / 307
Bottom 11% · Avg 403.5k
Citywide · Winnipeg
#110,825 / 194,458
Bottom 43% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 43%Same areaBottom 24%CitywideBottom 31%

Lot Size

above average
5,101 sqft
0255075100
Same streetTop 30%Same areaTop 46%CitywideBottom 48%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

543 Centennial Street — 13 amenities found within 500 m, across 7 categories, including 4 dining (nearest 302 m), 2 education (nearest 403 m), 2 healthcare (nearest 119 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks2
💪Sports1
🏦Finance1

Crime & Safety

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%

Sales History

Sold 11/2020CA$250k–300k
Sold price

Same street

Bottom 11%

Same area

Bottom 11%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 543 Centennial Street, Winnipeg

Property Summary: 543 Centennial Street, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1953, situated on a notably generous lot in the J.B. Mitchell neighbourhood. Its primary appeal lies in a combination of land value and a lower entry point. With a living area of 784 sq ft, the house itself is smaller than most in the immediate area and across Winnipeg, positioning it as a cozy or starter home. However, its 5,101 sq ft lot is larger than many on its street, offering valuable outdoor space and future potential in a city where land is a premium asset.

The home suits practical, value-oriented buyers. It would be a fit for a first-time buyer seeking an affordable foothold in the market, an investor looking for a property with a strong land-to-building ratio, or someone willing to live modestly now with an eye toward future expansion or redevelopment. The renovated basement adds functional living space. Its assessed value is modest compared to city averages, suggesting a relatively lower property tax burden, which is a key, less obvious advantage for long-term budgeting.

Frequently Asked Questions

1. Is the house too small for a small family?
While the above-ground living space is compact, the renovated basement provides additional room. Its suitability would depend on the family's needs and willingness to utilize the full footprint creatively.

2. Why is the assessed value significantly lower than the city-wide average for comparable homes?
The assessed value reflects the property's specific characteristics—namely its smaller living area and older age—within its market context. It indicates a lower municipal tax assessment, not necessarily the market sale price.

3. What does "below average" for living area in the rankings mean?
It means this home's interior square footage is less than that of most homes used for comparison on its street, in the neighbourhood, and across Winnipeg. It is a straightforward metric of size, not quality.

4. Can the large lot be subdivided or developed?
This depends on current City of Winnipeg zoning bylaws. The lot size is a positive factor for potential future uses, but any subdivision or significant development would require specific research and city approval.

5. How recent is the basement renovation, and what does it include?
The provided data confirms a renovated basement but does not specify the date or scope. This is a key detail to request from the listing agent or seller to understand the quality and legality of the work.