481 Young Street

Spence, Winnipeg

Property score

47.0

Below average

Overall 47.0 · Smaller but newer than most nearby homes

1,008 sqft (bottom 12%) · Built in 2001 (83 yrs newer than avg)

Located in a below-average income area with median household income of ~41.2k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 22 dining spots, 5 schools, 5 healthcare facilitys, and 12 shops nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Above average

83 yrs newer than neighborhood avg.

Mother tongue

English · 56%Chinese · 5%

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

Sold Count

216

Median price

221.5k

$/sqft

$117/sqft

Avg build year

1918

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

47.0 is composed by the two sections below.

Property Score

54.9Fair
Living Area1,008 sqft52Fair
Year Built200187Excellent
Lot Size2,268 sqft18Low
Neighbourhood Sales Activity71Good

Community Score

35.2Low
Household Income40Low
Education Level10Low
Housing Stress52Fair
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: #46110083

Community deep dive

$41K

Median household income

$65K

Average household income

32%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

41%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)638
Labour force participation rate49%
Median age35.6
Avg household size2.2
Unemployment rate12%
Population density10633 / km²

Households & income

Low income (LIM-AT, % pop.)32%
Single-person households41%
Couple families with children13%
Median household income (2020)$41K

Housing

Renter households82%
Condominium dwellings0%
Median dwelling value (owners)$224K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority55%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

below average
1,008 sqft
0255075100
Same streetBottom 19%Same areaBottom 12%CitywideBottom 27%
Same street · Young Street
#87 / 107
Bottom 19% · Avg 1,393 sqft
Same area · Spence
#449 / 513
Bottom 12% · Avg 1,526 sqft
Citywide · Winnipeg
#142,120 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
195k
0255075100
Same streetTop 47%Same areaTop 46%CitywideBottom 8%
Same street · Young Street
#50 / 107
Top 47% · Avg 201.8k
Same area · Spence
#234 / 513
Top 46% · Avg 194.4k
Citywide · Winnipeg
#179,759 / 194,458
Bottom 8% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 8%Same areaTop 9%CitywideTop 17%

Lot Size

around average
2,268 sqft
0255075100
Same streetBottom 10%Same areaBottom 30%CitywideBottom 2%

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

481 Young Street — 62 amenities found within 500 m, across 9 categories, including 22 dining (nearest 142 m), 5 education (nearest 232 m), 5 healthcare (nearest 211 m).

Search radius
🍽️Dining22
🏫Education5
🏥Healthcare5
🛒Shopping12
🌳Parks7
💪Sports3
🏦Finance3
Worship4
🏛️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

481 Young 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

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.