Property score
40.5
Below average
Overall 40.5 · Older than most nearby homes
1,259 sqft (bottom 33%) · Built in 1893 (25 yrs older than avg)
Located in a below-average income area with median household income of ~30k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 28 dining spots, 2 schools, 6 healthcare facilitys, and 14 shops nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
25 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 6%
Past 10 years Spence sales snapshot (~80% of all data)
216
221.5k
$117/sqft
1918
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40.5 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: #46110084
$30K
Median household income
$42K
Average household income
43%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
57%
Single-person households
6%
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
547 Sherbrook Street — 60 amenities found within 500 m, across 8 categories, including 28 dining (nearest 150 m), 2 education (nearest 276 m), 6 healthcare (nearest 244 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%
547 Sherbrook 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 547 Sherbrook Street
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1893, presents a classic character home opportunity in Winnipeg's Spence neighbourhood. Its key features include a renovated basement and a generous lot of nearly 4,000 square feet, which is larger than most in the immediate area. With a living area of 1,259 sq ft, the home offers practical space and ranks well in its assessed value compared to the broader city.
The appeal lies in its balance of historic charm and practical updates, set on a sizable urban lot. It suits buyers looking for an entry point into a character home with a project-ready aspect, or investors attracted by the lot size and neighbourhood dynamics. The property may particularly resonate with those who value potential over perfection—someone comfortable with the upkeep of a century-old home but appreciative of foundational work like a renovated basement. It's a home that offers more outdoor space than many of its neighbours, which is a less obvious but valuable asset for gardening, expansion, or simply having room to breathe in an inner-city setting.
Frequently Asked Questions
1. What does a "renovated basement" typically include?
This indicates significant work has been done, often involving moisture mitigation, foundational repairs, and finishing. It's essential to request details on the scope, permits, and the quality of finishes to understand its condition and whether it’s a living space, utility area, or both.
2. How does the age of the home (1893) affect ownership?
While full of character, a home from this era requires attention to aging components like wiring, plumbing, and insulation. Prospective buyers should budget for ongoing maintenance and consider a thorough inspection focused on these historical systems.
3. The assessed value seems low. What does this mean?
The assessed value is for municipal tax purposes and is not a market valuation. It can be influenced by many factors, including renovation history and specific municipal formulas. The market price is determined by current buyer demand and the home's condition.
4. What is the Spence neighbourhood like?
Spence is a central, diverse, and historic neighbourhood close to downtown amenities, hospitals, and the University of Winnipeg. It offers urban convenience and a strong sense of community, but as with any inner-city area, it's wise to visit at different times to get a full feel for the street and locality.
5. There's no garage. What are the parking options?
The property listing shows no garage. Parking is likely via on-street permit. Buyers should verify the specific street's parking regulations, availability, and any associated costs with the city.
