Property score
57.1
Fair
Overall 57.1 · Smaller but newer than most nearby homes
936 sqft (bottom 19%) · Built in 1956 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~70k
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
Below average
17% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 74%French · 3%
Past 10 years J. B. Mitchell sales snapshot (~80% of all data)
123
375k
$469/sqft
1954
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57.1 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: #46111141
$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
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
551 Centennial Street — 13 amenities found within 500 m, across 7 categories, including 4 dining (nearest 308 m), 2 education (nearest 418 m), 2 healthcare (nearest 164 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 48% | Bottom 47% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 551 Centennial Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the J.B. Mitchell neighbourhood presents a practical and straightforward opportunity. Its key appeal lies in its balance of a generous, above-average lot size for the immediate area and a recently renovated basement, offering potential for additional living space. With a living area of 936 sq ft, the house itself is modest and below average in size for Winnipeg, suggesting a cozy, manageable footprint. The detached garage and the home’s vintage 1956 construction are characteristic of the area.
The property would suit first-time buyers or downsizers looking for an affordable entry into the market with a solid land base and some modernized updates. Its assessed value is consistently around the average for its street, neighbourhood, and city, indicating a stable, no-surprises valuation. A thoughtful perspective for a buyer is to see the smaller main floor not as a limitation, but as a chance for efficient living, with the renovated basement and larger lot providing the flexibility for future projects or outdoor space—a trade-off that can be more valuable than a larger, older house on a smaller plot.
Section 2: Frequently Asked Questions
1. Is the house smaller than most in Winnipeg?
Yes. At 936 sq ft, the living area is below the city-wide average for comparable homes. This makes for a more manageable and efficient living space, with heating and maintenance costs likely on the lower end.
2. What is the standout feature of the property?
The lot size. At just over 5,100 sq ft, the land area is notably larger than many lots on Centennial Street and in the J.B. Mitchell area, offering more private outdoor space than is typical for the location.
3. How does the assessed value compare?
The assessed value of $39,100 is consistently around the middle of the pack—neither unusually high nor low—when compared to homes on its street, in the neighbourhood, and across Winnipeg. This suggests a stable, market-aligned municipal valuation.
4. When was it last sold and for roughly how much?
The home sold in August 2021. Public data indicates a sold price range between $33,500 and $36,500 at that time. The exact sale price can be requested from the listing source.
5. What is less obvious about this property’s context?
While the house was built in 1956, it is actually newer than many in the J.B. Mitchell neighbourhood, ranking in the top 14% there for year built. This is a subtle point that may indicate slightly newer construction materials or systems compared to immediate neighbours.
