Property score
55.5
Fair
Overall 55.5 · Older than most nearby homes
1,486 sqft (top 50%) · Built in 1893 (25 yrs older than avg)
Located in a average-income area with median household income of ~49.2k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 22 dining spots, 1 school, 8 healthcare facilitys, and 13 shops nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
25 yrs older than neighborhood avg.
Mother tongue
English · 55%Tagalog · 8%
Past 10 years Spence sales snapshot (~80% of all data)
216
221.5k
$117/sqft
1918
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55.5 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: #46110076
$49K
Median household income
$73K
Average household income
30%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
40%
Single-person households
16%
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
613 Langside Street — 54 amenities found within 500 m, across 8 categories, including 22 dining (nearest 49 m), 1 education (nearest 330 m), 8 healthcare (nearest 112 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%
613 Langside 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
Property Overview & Key Characteristics
This one and three-quarter storey home, built in 1893, is a piece of Spence neighbourhood history. Its key appeal lies in its generous proportions and land size. With 1,486 sq ft of living space on a 2,728 sq ft lot, the property offers more room than many in the area, ranking in the top half for size on its street. The unrenovated basement presents a blank canvas for future development.
The property’s standout characteristic is its financial profile. It carries an assessed value of $12,700, which is notably low, placing it in the top 2% of Winnipeg for low assessment. This creates a significant gap between its official valuation and its market price, which can be appealing for specific strategies. It suits a very particular buyer: an experienced renovator or investor looking for a substantial project in a central location, who understands the implications of a low assessment and is prepared for the work required on a 133-year-old home. Its value proposition is rooted in its potential and land, not in move-in-ready condition.
Frequently Asked Questions
1. What does the low assessed value mean for property taxes?
A low assessed value typically results in lower municipal property taxes compared to similar-sized homes with a higher valuation. This can improve cash flow for an investor or reduce ongoing costs for an owner.
2. The home is older than most in Winnipeg. What should I consider?
Built in 1893, it is among the oldest 1% of homes in the city. While this offers historic charm, it necessitates thorough inspections for foundational integrity, outdated wiring, plumbing, and insulation. Budgeting for these potential updates is crucial.
3. Who is this property not suitable for?
It is not suitable for first-time buyers seeking a turn-key home, those with a limited renovation budget, or anyone unable to manage a major, potentially lengthy project. The need for significant work is implied by its unrenovated state and age.
4. The "rankings" show it's in a top percentile for land size but lower for year built. How do I balance these?
This highlights the trade-off: you are acquiring a sizable lot in a central neighbourhood, which is a permanent asset, but taking on the inherent challenges and maintenance of a century home. The value is in the land and the structural envelope.
5. Why are the comparable properties so varied in assessed value?
The listed comparables in Spence show a wide range of assessed values for homes of similar age and size. This variation often reflects differences in renovation status, specific condition, and exact location. It underscores the importance of viewing the property in person to understand its specific state and potential.
