492 Young Street

Spence, Winnipeg

25.7

Below average

Overall 25.7

Smaller and older than most nearby homes

629 sqft (bottom 1%)

Built in 1897 (21 yrs older than avg)

Located in a below-average income area

with median household income of ~41.2k

Transit 88.0

2-min walk to transit with 3 nearby routes

Within 500m: 22 dining spots, 6 schools, 5 healthcare facilitys, and 12 shops nearby

Living Area

Below average

59% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 56%Chinese · 5%

Property score

25.7 is composed by the two sections below.

Property Score

19.3Low
Living Area629 sqft15Low
Year Built18975Low
Lot Size3,222 sqft38Low
Neighbourhood Sales Activity71Good

Community Score

35.2Low
Household Income40Low
Education Level10Low
Housing Stress52Fair
Core Housing Need38Low
Employment Health42Low

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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Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

63.5%

1,465

sold

2,307

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

52%

Majority sold above asking

39 of 75 sold above asking · MLS Winnipeg sold listings 2026-05-18 – 2026-05-24

With a Sales-to-New-Listings ratio of 63.5% and 52% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

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.

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
629 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Young Street
#107 / 107
Bottom 1% · Avg 1,393 sqft
Same area · Spence
#513 / 513
Bottom 1% · Avg 1,526 sqft
Citywide · Winnipeg
#191,938 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
93k
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 1%
Same street · Young Street
#102 / 107
Bottom 5% · Avg 201.8k
Same area · Spence
#498 / 513
Bottom 3% · Avg 194.4k
Citywide · Winnipeg
#193,728 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1897
0255075100
Same streetBottom 21%Same areaBottom 11%CitywideBottom 1%

Lot Size

around average
3,222 sqft
0255075100
Same streetTop 45%Same areaTop 42%CitywideBottom 15%

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

492 Young Street — 60 amenities found within 500 m, across 9 categories, including 22 dining (nearest 101 m), 6 education (nearest 260 m), 5 healthcare (nearest 177 m).

Search radius
🍽️Dining22
🏫Education6
🏥Healthcare5
🛒Shopping12
🌳Parks6
💪Sports1
🏦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 →

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 492 Young Street.

🗑️

Garbage

friday

♻️

Recycling

friday

🍂

Yard Waste

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Sales History

492 Young Street: We are not showing a transaction history based solely on public data; the transaction records for this property only exist in MLS. Please click the button below to request.

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 492 Young Street. No advertising. Data source details →

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