Property score
49.0
Below average
Overall 49.0 · Smaller than most nearby homes
792 sqft (bottom 4%) · Built in 1954
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: 6 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
0 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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49.0 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
587 Centennial Street — 14 amenities found within 500 m, across 7 categories, including 6 dining (nearest 362 m), 2 education (nearest 308 m), 2 healthcare (nearest 301 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 45% | Top 42% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 16% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 587 Centennial Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1954, situated on a notably generous lot in the J.B. Mitchell neighbourhood. Its primary appeal lies in the balance between a modest, renovated living space and a land area that is larger than most on its street. With 792 sqft of living area, the house itself is smaller than many comparable properties, positioning it as an efficient and manageable footprint. The detached garage and renovated basement add practical utility.
The property’s standout feature is its 5,101 sqft lot, which ranks in the top 30% for size on Centennial Street. This presents a significant opportunity for outdoor space, gardening, or future expansion that is uncommon for homes of this scale. With an assessed value that is around average for the area, it represents a value proposition where the land asset is a key component.
This home would best suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance property without sacrificing yard space. It’s for those who prioritize lot size and location over square footage, and who see potential in the contrast between the cozy home and the expansive, versatile lot.
Frequently Asked Questions
1. Is the house too small for a small family?
While the living area is below average, the renovated basement provides additional flexible space. The large lot also effectively extends the living area outdoors in warmer months, which can offset the smaller interior for some buyers.
2. Why is the assessed value relatively low compared to the city-wide average?
The assessed value reflects the home’s smaller size and age relative to the broader Winnipeg market. It is, however, aligned with averages for the immediate street and neighbourhood, indicating it is priced appropriately for its local context.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a utility area, or includes separate accommodations.
4. How does the large lot impact maintenance and costs?
A larger lot means more yard to maintain, which can be a pro for gardening or recreation, or a con for upkeep. Property taxes, however, are primarily based on assessed value, not lot size, so it may not significantly increase that annual cost.
5. The home sold recently in 2024 and 2022. What does this indicate?
The recent sale history suggests a property that may have been part of an estate, a flip, or a short-term investment. It’s wise to inquire about the nature and quality of any work done during the current ownership period to understand its condition fully.
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