Property score
39.0
Below average
Overall 39.0 · Smaller than most nearby homes
1,116 sqft (bottom 21%) · Built in 1903 (15 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
27% smaller than neighborhood avg.
Year Built
Below average
15 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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39.0 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
549 Sherbrook Street — 58 amenities found within 500 m, across 7 categories, including 28 dining (nearest 140 m), 2 education (nearest 282 m), 6 healthcare (nearest 254 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%
549 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: 549 Sherbrook Street, Winnipeg
Key Characteristics & Appeal
This home at 549 Sherbrook Street in Spence is a classic Winnipeg property, built in 1903, offering a blend of historic character and practical value. With 1,116 sqft of living space, it is more compact than many homes on its street and in the immediate area, but it sits on a notably generous lot of nearly 4,000 sqft for the neighbourhood. Its assessed value of $169,000 is very typical for Spence, positioning it as an accessible entry point into the city’s housing market.
The primary appeal lies in its value proposition and potential. The lot size is a significant asset, offering above-average outdoor space for the area, which is a less obvious advantage for gardening, expansion, or simply having more breathing room in an inner-city neighbourhood. The home suits first-time buyers, practical investors, or downsizers seeking an affordable footprint with the character of an early-1900s build. It’s for those who see opportunity in a solid, no-frills property where value is derived more from the land and location than from high-end finishes or square footage. The data suggests you’re paying for a genuine piece of the city, not a premium for size or newness.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($169k) is for municipal tax purposes and is typically below market value. It serves as a useful baseline, but sale prices are influenced by current market conditions, property condition, and buyer demand.
2. How does the smaller living area compare to nearby homes?
At 1,116 sqft, the home is notably smaller than the average on Sherbrook Street (~1,600 sqft). This indicates a more efficient or compact layout, which can mean lower utility costs and less maintenance, but may require creative use of space.
3. What are the implications of a 123-year-old home?
A house built in 1903 comes with undeniable character but requires a diligent inspection. Potential buyers should prioritize assessments of the foundation, wiring, plumbing, and roof. Heritage charm is a benefit, but ongoing maintenance is a certainty.
4. The lot size is highlighted as "above average" for Spence. What does that mean practically?
With a 3,942 sqft lot, you have more yard space than many neighbouring properties. This allows for larger gardens, private outdoor living areas, or future projects like a shed or garage, which are less feasible on standard city lots in the area.
5. Why is there no sales history shown for this listing?
As noted in the data, sold price information is not sourced from the MLS. You can request exact historical sales figures manually from the provider via email to get a clearer picture of its transaction history.
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