112 Spence Street

West Broadway, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Larger and newer than most nearby homes

2,278 sqft (top 28%) · Built in 1910

Located in a below-average income area with median household income of ~40k

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 11 dining spots, 1 school, 13 healthcare facilitys, and 6 shops nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 2%

Past 10 years West Broadway sales snapshot (~80% of all data)

Sold Count

141

Median price

275k

$/sqft

$142/sqft

Avg build year

1910

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Property score

62.3 is composed by the two sections below.

Property Score

71.2Good
Living Area2,278 sqft96Excellent
Year Built191010Low
Lot Size4,022 sqft53Fair
Neighbourhood Sales Activity74Good

Community Score

48.9Low
Household Income40Low
Education Level63Fair
Housing Stress42Low
Core Housing Need38Low
Employment Health83Excellent

Neighbourhood Sales

West Broadway

How to read: Share of sales in each ~$50k price band for “west broadway” (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: #46110640

Community deep dive

$40K

Median household income

$51K

Average household income

25%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

68%

Single-person households

4%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate81%
Median age33.2
Avg household size1.5
Unemployment rate16%
Population density9250 / km²

Households & income

Low income (LIM-AT, % pop.)25%
Single-person households68%
Couple families with children4%
Median household income (2020)$40K

Housing

Renter households93%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority17%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,278 sqft
0255075100
Same streetTop 23%Same areaTop 28%CitywideTop 5%
Same street · Spence Street
#36 / 157
Top 23% · Avg 1,925 sqft
Same area · West Broadway
#97 / 348
Top 28% · Avg 2,017 sqft
Citywide · Winnipeg
#10,326 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
323k
0255075100
Same streetTop 19%Same areaTop 32%CitywideBottom 36%
Same street · Spence Street
#30 / 157
Top 19% · Avg 247.5k
Same area · West Broadway
#111 / 348
Top 32% · Avg 295.4k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1910
0255075100
Same streetTop 11%Same areaTop 10%CitywideBottom 6%

Lot Size

around average
4,022 sqft
0255075100
Same streetBottom 43%Same areaTop 40%CitywideBottom 26%

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

112 Spence Street — 46 amenities found within 500 m, across 9 categories, including 11 dining (nearest 154 m), 1 education (nearest 404 m), 13 healthcare (nearest 152 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare13
🛒Shopping6
🌳Parks6
💪Sports2
🏦Finance1
Fuel Stations1
Worship5

Crime & Safety

West Broadway · WPS public data · 2026

Annual incidents

67

2026

vs. city avg

+127%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

45%

Sales History

Sold 6/2022CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 13%

City-wide

Top 38%
Sold 9/2017CA$250k–300k
Sold price

Same street

Top 32%

Same area

Top 49%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 112 Spence Street, Winnipeg

Key Characteristics & Buyer Profile

At 2,278 square feet, this 1910 home on Spence Street offers notably generous living space, especially when compared citywide—it ranks in the top 5% for living area across Winnipeg. The lot is a practical 4,022 square feet, which is around average for the street and the West Broadway neighbourhood, though undersized compared to typical city lots. The assessed value of $323,000 sits slightly above the street and neighbourhood averages, but below the citywide median for comparable homes, suggesting the price reflects the larger interior rather than land value or a premium location.

The appeal lies in the combination of size and value. You get a home with significantly more square footage than most in the city, in an older, established neighbourhood with a good stock of similar-era housing. The year built (1910) places it among the older homes on the street and in the area, which may appeal to buyers who appreciate pre-war character, solid construction, or the potential for restoration. This property would suit someone who prioritizes interior space over a large yard or a top-tier school catchment, and who is comfortable with an older home that may require maintenance or updates. It’s less suited for someone seeking a newer build, a large suburban lot, or a property with a high resale value relative to the neighbourhood average.


Five Possible FAQs

1. How does the assessed value compare to similar homes in West Broadway?
The assessed value of $323,000 is slightly above the neighbourhood average of $295,400, placing it in the top 32% locally. That means it’s valued a bit higher than many nearby homes, but it’s still well below the citywide average of $390,100 for comparable properties.

2. Is the lot size considered small for Winnipeg?
Yes, the 4,022 sqft lot is below the citywide average of 6,570 sqft for comparable homes, ranking in the bottom 26% citywide. On Spence Street and in West Broadway, however, the lot is right around the local average, so it’s not unusual for the area.

3. Why is the year built listed as 1910, and does that affect anything?
The home was built in 1910, which is typical for West Broadway (the neighbourhood average is also 1910). Citywide, this is older than the average comparable home (1966), so it falls in the bottom 6% by age. Older homes can mean thicker walls, unique detailing, and established landscaping, but may also require more frequent upkeep on systems like plumbing, electrical, or roofing.

4. What does “top 5% citywide” for living area actually mean?
It means this home has more interior square footage than 95% of comparable homes across Winnipeg. Most similar homes in the city top out around 1,342 sqft, so this property is nearly double that. It’s a genuinely large home, not just by local street or neighbourhood standards, but by the city’s overall housing stock.

5. Can I see how this property compares to neighbours on a map?
Yes. The property listing page includes a link to a neighbourhood analysis map that shows nearby homes with details on year built, living area, assessed value, and lot size. That’s the best way to get a visual sense of how this house fits into the street and block.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.