Property score
57.1
Fair
Overall 57.1 · Smaller but newer than most nearby homes
964 sqft (bottom 26%) · Built in 1956 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~70k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
14% 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
583 Centennial Street — 14 amenities found within 500 m, across 7 categories, including 7 dining (nearest 354 m), 1 education (nearest 319 m), 2 healthcare (nearest 286 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 42% | Bottom 41% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 583 Centennial Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in the J.B. Mitchell neighbourhood presents a practical and straightforward opportunity. Built in 1956, its 964 sqft living area is modest and below average for the local area, suggesting a cozy, manageable layout. A key feature is the renovated basement, which adds valuable finished space. The property stands out for its larger-than-average lot (over 5,100 sqft) for the immediate street, offering generous outdoor space relative to nearby homes. With a detached garage and no pool, it aligns with low-maintenance, utilitarian living.
The primary appeal lies in its value proposition and potential. The assessed value is consistently around the average for its peer groups, indicating a stable, mid-market entry point. The renovated basement and sizable lot are significant assets, offering immediate usability and future flexibility—whether for gardening, expansion, or simply extra private space. This home would suit first-time buyers seeking an affordable footprint, downsizers looking for a manageable property without sacrificing yard size, or value-oriented investors attracted by the solid fundamentals and the upside of a finished basement and large lot.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living space is compact at 964 sqft, ranking below the average for similar homes on Centennial Street and in the J.B. Mitchell area. This indicates a more efficient floor plan, which can mean lower utility costs and less upkeep.
2. What is the significance of the lot size?
At 5,101 sqft, the lot is above average for Centennial Street. This is a less obvious advantage, providing more outdoor space than many neighbouring properties, which is valuable for privacy, recreation, or future landscaping projects.
3. Is the assessed value a good indicator of the market price?
The assessed value ($37,600) is around the middle of the range for comparable homes locally. It serves as a baseline for municipal taxation, but market conditions, the home’s interior condition, and the renovated basement will be the primary drivers of its sale price.
4. The home last sold in May 2023. What does that recent turnover suggest?
The relatively quick resale could indicate a number of things, such as an investor flipping the property after the basement renovation, or a change in the previous owner’s circumstances. It warrants asking about the nature and quality of the recent renovation work.
5. What are the practical implications of a "renovated basement" in a 1956 home?
While a clear positive, it’s important to clarify what "renovated" entails. Questions should focus on the quality of the finish, whether permits were obtained, and if any foundational or moisture issues were addressed during the renovation, which is crucial for a home of this age.
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