495 Spence Street

Spence, Winnipeg

Property score

47.0

Below average

Overall 47.0 · Smaller but newer than most nearby homes

1,007 sqft (bottom 12%) · Built in 2006 (88 yrs newer than avg)

Located in a below-average income area with median household income of ~34.4k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 23 dining spots, 5 schools, 7 healthcare facilitys, and 15 shops nearby

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Above average

88 yrs newer than neighborhood avg.

Mother tongue

English · 44%Tagalog · 10%

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

47.0 is composed by the two sections below.

Property Score

60.7Fair
Living Area52
1,007 sqftFair
Year Built90
2006Excellent
Lot Size53
4,112 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

26.5Low
Household Income20
Low
Education Level34
Low
Housing Stress30
Low
Core Housing Need15
Low
Employment Health52
Fair

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: #46110082

Community deep dive

$34K

Median household income

$38K

Average household income

45%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.3

P90 / P10 ratio

49%

Single-person households

9%

Families with children

Population, labour & age

Population (2021)530
Labour force participation rate65%
Median age36.8
Avg household size1.9
Unemployment rate19%
Population density13250 / km²

Households & income

Low income (LIM-AT, % pop.)45%
Single-person households49%
Couple families with children9%
Median household income (2020)$34K

Housing

Renter households100%
Condominium dwellings18%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)50%
Visible minority65%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

below average
1,007 sqft
0255075100
Same streetBottom 6%Same areaBottom 12%CitywideBottom 27%
Same street · Spence Street
#148 / 157
Bottom 6% · Avg 1,925 sqft
Same area · Spence
#451 / 513
Bottom 12% · Avg 1,526 sqft
Citywide · Winnipeg
#142,645 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
226k
0255075100
Same streetBottom 43%Same areaTop 27%CitywideBottom 12%
Same street · Spence Street
#89 / 157
Bottom 43% · Avg 247.5k
Same area · Spence
#137 / 513
Top 27% · Avg 194.4k
Citywide · Winnipeg
#170,484 / 194,458
Bottom 12% · Avg 390.1k

Year Built

Elite
2006
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 14%

Lot Size

above average
4,112 sqft
0255075100
Same streetTop 48%Same areaTop 15%CitywideBottom 28%

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

495 Spence Street — 67 amenities found within 500 m, across 9 categories, including 23 dining (nearest 139 m), 5 education (nearest 138 m), 7 healthcare (nearest 180 m).

Search radius
🍽️Dining23
🏫Education5
🏥Healthcare7
🛒Shopping15
🌳Parks7
💪Sports3
🏦Finance3
Worship3
🏛️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

495 Spence 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.

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