Property score
30.6
Below average
Overall 30.6 · Smaller than most nearby homes
850 sqft (bottom 5%) · Built in 1905 (13 yrs older than avg)
Located in a below-average income area with median household income of ~41.2k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 30 dining spots, 7 schools, 4 healthcare facilitys, and 12 shops nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Near average
13 yrs older than neighborhood avg.
Mother tongue
English · 56%Chinese · 5%
Past 10 years Spence sales snapshot (~80% of all data)
216
221.5k
$117/sqft
1918
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30.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110083
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
503 Langside Street — 70 amenities found within 500 m, across 9 categories, including 30 dining (nearest 101 m), 7 education (nearest 296 m), 4 healthcare (nearest 138 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 22% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 503 Langside Street, Winnipeg
Key Characteristics & Appeal
This is a compact, early-20th century home in Winnipeg's Spence neighborhood, built in 1905. With 850 square feet of living space and a 2,051 square foot lot, it is notably smaller than most homes in the area, ranking in the bottom 10% locally for size. Its assessed value of $119k is well below both the neighborhood and city averages, reflecting its modest scale and positioning it as one of the most affordable property entry points city-wide.
The primary appeal lies in its accessibility and potential. It suits first-time buyers, investors, or downsizers seeking minimal financial entry into the Winnipeg market. The price point allows for budgeting towards updates or renovations. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less maintenance, which is a practical advantage. While not a large or modern home, it represents a straightforward opportunity in a central location, where the value is in the land and the structure's possibilities rather than in finished grandeur.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is primarily a reflection of the home's relatively small size and modest characteristics compared to the broader Winnipeg market, which includes many larger, newer homes.
2. What type of buyer would this property be best for?
It is best suited for budget-conscious first-time buyers, investors looking for a rental property, or those seeking a minimal footprint home with potential to renovate over time.
3. How does the lot size compare?
The lot is 2,051 sq ft, which is smaller than the average for both the street and the Spence neighborhood, but is a typical size for many older, central Winnipeg lots.
4. Is the home older than others nearby?
Built in 1905, it is actually around the average age for homes on Langside Street and in the Spence area, which are predominantly early 1900s constructions. It is, however, significantly older than the Winnipeg citywide average.
5. Where can I find exact historical sold prices for this home?
The site provides sold price ranges. To receive verified, exact sold price figures, you must request them via email from the service, as they are not displayed publicly due to data sourcing rules.
