178 Spence Street

West Broadway, Winnipeg

Property score

54.2

Fair

Overall 54.2 · Compared with neighbourhood average

1,974 sqft (bottom 48%) · Built in 1902 (8 yrs older than avg)

Located in a below-average income area with median household income of ~35.2k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 18 dining spots, 1 school, 13 healthcare facilitys, and 7 shops nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 70%Arabic · 5%

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

54.2 is composed by the two sections below.

Property Score

67.8Good
Living Area1,974 sqft92Excellent
Year Built190210Low
Lot Size3,952 sqft46Low
Neighbourhood Sales Activity74Good

Community Score

33.7Low
Household Income30Low
Education Level44Low
Housing Stress42Low
Core Housing Need15Low
Employment Health42Low

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: #46110636

Community deep dive

$35K

Median household income

$43K

Average household income

46%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

54%

Single-person households

7%

Families with children

Population, labour & age

Population (2021)748
Labour force participation rate63%
Median age32.8
Avg household size1.9
Unemployment rate18%
Population density10685 / km²

Households & income

Low income (LIM-AT, % pop.)46%
Single-person households54%
Couple families with children7%
Median household income (2020)$35K

Housing

Renter households88%
Condominium dwellings7%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority30%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Arabic · 4%

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

Rankings

Living Area

above average
1,974 sqft
0255075100
Same streetTop 46%Same areaBottom 48%CitywideTop 11%
Same street · Spence Street
#73 / 157
Top 46% · Avg 1,925 sqft
Same area · West Broadway
#180 / 348
Bottom 48% · Avg 2,017 sqft
Citywide · Winnipeg
#22,317 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
288k
0255075100
Same streetTop 31%Same areaTop 46%CitywideBottom 26%
Same street · Spence Street
#48 / 157
Top 31% · Avg 247.5k
Same area · West Broadway
#161 / 348
Top 46% · Avg 295.4k
Citywide · Winnipeg
#143,830 / 194,458
Bottom 26% · Avg 390.1k

Year Built

around average
1902
0255075100
Same streetBottom 41%Same areaBottom 35%CitywideBottom 1%

Lot Size

around average
3,952 sqft
0255075100
Same streetBottom 36%Same areaTop 43%CitywideBottom 25%

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

178 Spence Street — 55 amenities found within 500 m, across 9 categories, including 18 dining (nearest 100 m), 1 education (nearest 473 m), 13 healthcare (nearest 54 m).

Search radius
🍽️Dining18
🏫Education1
🏥Healthcare13
🛒Shopping7
🌳Parks7
💪Sports1
🏦Finance1
Fuel Stations1
Worship6

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 3/2016CA$150k–200k
Sold price

Same street

Bottom 8%

Same area

Bottom 3%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 178 Spence Street, Winnipeg

178 Spence Street – Property Summary

Overview & Buyer Profile

This is a 1,974 sqft home built in 1902 on a 3,952 sqft lot, located at 178 Spence Street in Winnipeg’s West Broadway neighbourhood. Its key appeal lies in the combination of generous living space and a below-average assessed value relative to the city as a whole. The home is larger than 89% of properties citywide, yet its assessed value sits well below the city median—meaning you’re getting significant interior square footage without paying a premium for it. On the street and in the neighbourhood, both size and value are close to average, so this isn’t an outlier in its immediate area. The land size is typical for the street and neighbourhood but notably smaller than typical Winnipeg lots. The year built is early 1900s, consistent with the character of West Broadway, but older than 99% of homes citywide.

This property would suit a buyer who values interior space over land size, and who is comfortable with an older home that likely has original character and may require updates or maintenance typical of a house from 1902. It may also appeal to someone who wants to be in a central, established neighbourhood without paying the premium often seen in newer or more suburban areas. Investors looking for a larger-than-average unit in a lower-assessed bracket might also find it interesting, but should factor in the age and lot constraints.


Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
On Spence Street, the assessed value of $288k is above the street average of $247.5k, ranking in the top 31%. In the wider West Broadway neighbourhood, it’s closer to the middle (average $295.4k, ranking top 46%). Citywide, it falls well below the average of $390.1k, meaning this property is assessed more modestly than most homes in Winnipeg despite its larger living area.

2. Is the living space actually larger than most homes in the city?
Yes. At 1,974 sqft, this home ranks in the top 11% citywide for living area among comparable properties. On its own street and in West Broadway, it’s roughly average—the street average is 1,925 sqft and the neighbourhood average is 2,017 sqft. So while it’s not unusually large locally, it is significantly bigger than the typical Winnipeg home.

3. The home was built in 1902. What should I expect in terms of condition or upkeep?
The year built is older than 99% of homes citywide, and is in line with other properties on the street (average 1909) and in the neighbourhood (average 1910). Expect original construction materials, likely updating needs for plumbing, electrical, insulation, and possibly foundation work. Older homes in this area often have character features but also require ongoing maintenance. A thorough inspection is strongly recommended.

4. How does the lot size compare, and is that a drawback?
The lot is 3,952 sqft, which is typical for Spence Street and West Broadway. However, citywide it ranks in the bottom 25%—the average Winnipeg lot is 6,570 sqft. If you’re used to a larger yard or want space for expansion, this may feel tight. For someone who prioritizes indoor space and a walkable location over a large garden, it’s likely fine.

5. What’s the neighbourhood like in terms of rankings and value?
West Broadway is a central, older neighbourhood with mixed housing. This property holds a mid-range position locally for both living area and assessed value. Its assessed value is a bit below the neighbourhood average, but not dramatically so. The house is one of the older ones even by local standards, and the lot is typical for the area. It’s not a standout in any one direction, which may appeal to buyers looking for a balanced, unflashy entry into the neighbourhood.

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