431 Langside Street

Spence, Winnipeg

Property score

45.3

Below average

Overall 45.3 · Compared with neighbourhood average

1,374 sqft (bottom 42%) · Built in 1905 (13 yrs older than avg)

Located in a below-average income area with median household income of ~36.8k

Transit 100.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 28 dining spots, 6 schools, 4 healthcare facilitys, and 7 shops nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Near average

13 yrs older than neighborhood avg.

Mother tongue

English · 57%French · 3%

Past 10 years Spence sales snapshot (~80% of all data)

Sold Count

216

Median price

221.5k

$/sqft

$117/sqft

Avg build year

1918

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Property score

45.3 is composed by the two sections below.

Property Score

50.9Fair
Living Area1,374 sqft71Good
Year Built190510Low
Lot Size2,051 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

36.8Low
Household Income30Low
Education Level54Fair
Housing Stress30Low
Core Housing Need38Low
Employment Health42Low

Neighbourhood Sales

Spence

How to read: Share of sales in each ~$50k price band for “spence” (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: #46110634

Community deep dive

$37K

Median household income

$44K

Average household income

47%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

39%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)1,037
Labour force participation rate59%
Median age27.8
Avg household size2.2
Unemployment rate20%
Population density5185 / km²

Households & income

Low income (LIM-AT, % pop.)47%
Single-person households39%
Couple families with children15%
Median household income (2020)$37K

Housing

Renter households84%
Condominium dwellings4%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority48%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 56%
Mother tongue (2nd)French · 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
1,374 sqft
0255075100
Same streetBottom 43%Same areaBottom 42%CitywideTop 37%
Same street · Langside Street
#140 / 245
Bottom 43% · Avg 1,530 sqft
Same area · Spence
#296 / 513
Bottom 42% · Avg 1,526 sqft
Citywide · Winnipeg
#71,951 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
221k
0255075100
Same streetTop 46%Same areaTop 31%CitywideBottom 11%
Same street · Langside Street
#113 / 245
Top 46% · Avg 225.2k
Same area · Spence
#157 / 513
Top 31% · Avg 194.4k
Citywide · Winnipeg
#172,179 / 194,458
Bottom 11% · Avg 390.1k

Year Built

around average
1905
0255075100
Same streetTop 33%Same areaTop 31%CitywideBottom 2%

Lot Size

below average
2,051 sqft
0255075100
Same streetBottom 19%Same areaBottom 9%CitywideBottom 1%

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

431 Langside Street — 62 amenities found within 500 m, across 9 categories, including 28 dining (nearest 90 m), 6 education (nearest 169 m), 4 healthcare (nearest 127 m).

Search radius
🍽️Dining28
🏫Education6
🏥Healthcare4
🛒Shopping7
🌳Parks5
💪Sports4
🏦Finance2
Worship5
🏛️Government1

Crime & Safety

Spence · WPS public data · 2026

Annual incidents

132

2026

vs. city avg

+347%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

42%

Full crime data for Spence →Winnipeg crime overview →

Sales History

431 Langside Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 431 Langside Street, Winnipeg

Property Overview & Appeal

This 1905 one-and-three-quarter storey home in Spence presents a classic Winnipeg character property with notable space and a renovated basement. Its key appeal lies in the combination of its generous lot size—ranking in the top 9% of the neighbourhood—and a living area that provides comfortable room for a household. The fully renovated basement adds immediate functional living space without the need for a project. While the home shares the era and neighbourhood with many comparable listings, its assessed value sits higher than several nearby properties, suggesting municipal valuation of its condition or improvements.

This home would suit a practical buyer looking for established character in a central location, who values a larger-than-average urban lot. It’s a match for someone ready to maintain a historic home but appreciates that major foundational work like the basement has been addressed. The property also stands out for investors or owner-occupants who see long-term value in land size, which is a fixed asset in a mature neighbourhood.


Frequently Asked Questions

1. What does the "top X%" ranking for lot size actually mean?
It means this property's 2,051 sqft lot is larger than 91% of the lots in the Spence neighbourhood, making it a notably spacious parcel for the area.

2. The home was built in 1905. What should I expect?
You can expect classic construction charm but should prioritize a thorough inspection for an aging structure. Key focuses should be the original wiring, plumbing updates, insulation, and the condition of the foundation and roof, despite the basement renovation.

3. How does the assessed value compare to similar homes?
At $22,100, the assessed value is higher than several similar-sized and nearby homes in Spence (some of which are assessed between $8,300 and $19,900). This can sometimes reflect recent improvements or a different municipal valuation approach, but market price is determined by the seller.

4. There's no garage. What are the parking options?
The property relies on on-street parking. It's important to check the specific city parking regulations for Langside Street and observe availability at different times to gauge convenience.

5. The basement is renovated. What should I ask about this?
Ask for details on the renovation: when it was done, whether proper permits were pulled, the quality of the finishing, and if any moisture-proofing or drainage work was completed alongside the cosmetic updates.

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