686 Centennial Street

J. B. Mitchell, Winnipeg

Property score

66.4

Good

Overall 66.4 · Compared with neighbourhood average

1,002 sqft (bottom 34%) · Built in 1955 (1 yr newer than avg)

Located in a high-income area with median household income of ~97k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 park nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 2%

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

66.4 is composed by the two sections below.

Property Score

53.0Fair
Living Area1,002 sqft52Fair
Year Built195536Low
Lot Size5,062 sqft67Good
Neighbourhood Sales Activity90Excellent

Community Score

86.5Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110370

Community deep dive

$97K

Median household income

$116K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

31%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)405
Labour force participation rate69%
Median age46.8
Avg household size2.1
Unemployment rate11%
Population density1760 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households31%
Couple families with children21%
Median household income (2020)$97K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority2%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,002 sqft
0255075100
Same streetBottom 33%Same areaBottom 34%CitywideBottom 26%
Same street · Centennial Street
#232 / 347
Bottom 33% · Avg 1,117 sqft
Same area · J. B. Mitchell
#204 / 307
Bottom 34% · Avg 1,121 sqft
Citywide · Winnipeg
#143,354 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
429k
0255075100
Same streetTop 25%Same areaTop 26%CitywideTop 32%
Same street · Centennial Street
#86 / 347
Top 25% · Avg 388.2k
Same area · J. B. Mitchell
#79 / 307
Top 26% · Avg 403.5k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 50%Same areaTop 37%CitywideBottom 34%

Lot Size

around average
5,062 sqft
0255075100
Same streetTop 46%Same areaBottom 38%CitywideBottom 47%

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

686 Centennial Street — 9 amenities found within 500 m, across 5 categories, including 4 dining (nearest 202 m), 2 education (nearest 177 m), 1 shopping (nearest 244 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping1
🌳Parks1
Fuel Stations1

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 8/2024CA$450k–500k
Sold price

Same street

Top 24%

Same area

Top 15%

City-wide

Top 23%
Sold 7/2016CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 23%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 686 Centennial Street, Winnipeg

Property Summary: 686 Centennial Street, Winnipeg

Section 1: Overview & Appeal

This one-storey home on a standard city lot in the J.B. Mitchell neighborhood is a practical and value-oriented property. Its key characteristic is a renovated basement, adding functional living space to the 1,002 sqft footprint. Built in 1955, the home is of a typical vintage for the area. The detached garage offers flexible storage or workshop potential.

The primary appeal lies in its strong value proposition within its immediate locale. While the living space is modest compared to the citywide average, the home's assessed value ranks consistently above average for both its street and neighborhood, suggesting it is viewed favorably relative to its direct peers. This indicates a property that may offer more inherent value or desirability on its block than its size alone would imply. It would suit first-time buyers, downsizers, or investors looking for a solid, no-frills home in a stable area without a premium price tag. The renovated basement also makes it suitable for someone needing a separate living space, home office, or rental potential.

Section 2: Frequently Asked Questions

1. What does the "above average" assessed value ranking mean?
It means that, compared to similar homes on Centennial Street and in J.B. Mitchell, this property's official assessed value is higher than most. This often reflects factors like lot desirability, the renovated basement, or overall condition relative to immediate neighbors.

2. Is the living space too small?
At 1,002 sqft (plus the renovated basement), it is smaller than the Winnipeg average. However, it is very much in line with the average for both the street and neighborhood, representing a typical home size for this specific community.

3. What can be inferred from the recent sale history?
The home sold in August 2024. The sale price range provided aligns with its "above average" assessed value ranking in the area, indicating a transaction that supported its perceived value relative to nearby homes.

4. What are the less obvious considerations for a home of this age?
While the basement is renovated, a 1955-built home will have core systems (like plumbing, electrical, and the foundation) that are over 65 years old. Prospective buyers should focus inspections on these aging components, not just the finished updates.

5. How does the lot size impact future potential?
The 5,062 sqft lot is average for the area. It provides standard outdoor space but may have limitations for major expansions or additions, as it is not unusually large. Any development plans should be checked against local zoning bylaws.

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