565 Spence Street

Spence, Winnipeg

Property score

30.9

Below average

Overall 30.9 · Smaller but newer than most nearby homes

764 sqft (bottom 2%) · Built in 1944 (26 yrs newer than avg)

Located in a below-average income area with median household income of ~41.2k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 19 dining spots, 2 schools, 4 healthcare facilitys, and 14 shops nearby

Living Area

Below average

50% smaller than neighborhood avg.

Year Built

Above average

26 yrs newer than neighborhood avg.

Mother tongue

English · 49%Tagalog · 6%

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

30.9 is composed by the two sections below.

Property Score

29.5Low
Living Area764 sqft22Low
Year Built194424Low
Lot Size4,120 sqft53Fair
Neighbourhood Sales Activity71Good

Community Score

32.9Low
Household Income40Low
Education Level10Low
Housing Stress52Fair
Core Housing Need15Low
Employment Health42Low

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: #46110077

Community deep dive

$41K

Median household income

$45K

Average household income

45%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

26%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)562
Labour force participation rate41%
Median age28.0
Avg household size2.5
Unemployment rate6%
Population density9366 / km²

Households & income

Low income (LIM-AT, % pop.)45%
Single-person households26%
Couple families with children11%
Median household income (2020)$41K

Housing

Renter households90%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority45%
Bachelor's or higher (25–64)9%
Mother tongue (1st)English · 49%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

below average
764 sqft
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 7%
Same street · Spence Street
#157 / 157
Bottom 1% · Avg 1,925 sqft
Same area · Spence
#502 / 513
Bottom 2% · Avg 1,526 sqft
Citywide · Winnipeg
#180,913 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
227k
0255075100
Same streetBottom 44%Same areaTop 27%CitywideBottom 13%
Same street · Spence Street
#88 / 157
Bottom 44% · Avg 247.5k
Same area · Spence
#136 / 513
Top 27% · Avg 194.4k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1944
0255075100
Same streetTop 8%Same areaTop 18%CitywideBottom 21%

Lot Size

above average
4,120 sqft
0255075100
Same streetTop 39%Same areaTop 12%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

565 Spence Street — 52 amenities found within 500 m, across 8 categories, including 19 dining (nearest 100 m), 2 education (nearest 213 m), 4 healthcare (nearest 83 m).

Search radius
🍽️Dining19
🏫Education2
🏥Healthcare4
🛒Shopping14
🌳Parks6
🏦Finance1
Worship4
🏛️Government2

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

565 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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