533 Spence Street

Spence, Winnipeg

Property score

50.9

Fair

Overall 50.9 · Larger but older than most nearby homes

1,792 sqft (top 28%) · Built in 1901 (17 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 21 dining spots, 4 schools, 7 healthcare facilitys, and 14 shops nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Below average

17 yrs older 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

50.9 is composed by the two sections below.

Property Score

67.2Good
Living Area1,792 sqft86Excellent
Year Built190110Low
Lot Size5,031 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

26.5Low
Household Income20Low
Education Level34Low
Housing Stress30Low
Core Housing Need15Low
Employment Health52Fair

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

above average
1,792 sqft
0255075100
Same streetBottom 39%Same areaTop 28%CitywideTop 17%
Same street · Spence Street
#96 / 157
Bottom 39% · Avg 1,925 sqft
Same area · Spence
#143 / 513
Top 28% · Avg 1,526 sqft
Citywide · Winnipeg
#33,947 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
177k
0255075100
Same streetBottom 20%Same areaBottom 44%CitywideBottom 5%
Same street · Spence Street
#125 / 157
Bottom 20% · Avg 247.5k
Same area · Spence
#288 / 513
Bottom 44% · Avg 194.4k
Citywide · Winnipeg
#183,770 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1901
0255075100
Same streetBottom 22%Same areaBottom 16%CitywideBottom 1%

Lot Size

Elite
5,031 sqft
0255075100
Same streetTop 15%Same areaTop 5%CitywideBottom 46%

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

533 Spence Street — 60 amenities found within 500 m, across 9 categories, including 21 dining (nearest 52 m), 4 education (nearest 137 m), 7 healthcare (nearest 80 m).

Search radius
🍽️Dining21
🏫Education4
🏥Healthcare7
🛒Shopping14
🌳Parks6
💪Sports1
🏦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

Sold 4/2022CA$200k–250k
Sold price

Same street

Bottom 39%

Same area

Top 30%

City-wide

Bottom 18%

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