Property score
52.6
Fair
Overall 52.6 · Smaller than most nearby homes
1,704 sqft (bottom 30%) · Built in 1902 (8 yrs older than avg)
Located in a below-average income area with median household income of ~35.2k
Transit 92.0 · 3-min walk to transit with 7 nearby routes · Within 500m: 22 dining spots, 3 schools, 14 healthcare facilitys, and 6 shops nearby
Living Area
Below average
16% 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)
141
275k
$142/sqft
1910
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Property score
52.6 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
228 Spence Street — 66 amenities found within 500 m, across 9 categories, including 22 dining (nearest 202 m), 3 education (nearest 332 m), 14 healthcare (nearest 193 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 49% | Bottom 34% | Bottom 20% |
228 Spence Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 228 Spence Street, Winnipeg
Key Characteristics & Appeal
This is a 1902-built home on Spence Street in Winnipeg’s West Broadway area, with 1,704 square feet of living space on a 4,476-square-foot lot. Its assessed value is $251,000.
What stands out is how the property sits relative to different scales of comparison. The living space is notably above the citywide average—ranking in the top 21% across Winnipeg—but is actually slightly below the average for its own street and neighbourhood, where homes tend to be larger. The assessed value is below the city median, which keeps property taxes relatively modest. The lot is larger than typical for both the street and the neighbourhood, though smaller than the citywide average for single-family homes. The building is older, in line with the character of the surrounding area.
The appeal here is pragmatic rather than flashy. You get a spacious interior by city standards, in an older neighbourhood with established character, without the premium valuation you might expect for that amount of space. This property could suit buyers who want a larger-than-average home in a central, older neighbourhood, and who are comfortable with an older building. It may also appeal to someone looking for a property with below-median tax exposure relative to the city, or someone interested in the West Broadway area specifically—a neighbourhood where a 1,704 sqft home is on the smaller end, so the floor plan might feel relatively manageable in that context.
Five Possible FAQs
1. How does the living space compare to similar homes nearby?
On Spence Street, this home’s 1,704 sqft is close to the street average of 1,925 sqft. In the West Broadway area, it’s also near the community average of 2,017 sqft. But compared to the entire city of Winnipeg, where the average is roughly 1,342 sqft, this is a larger home.
2. Why is the assessed value lower than the city average?
The assessed value of $251,000 is below the citywide average of $390,000. This likely reflects the older age of the home, its location in a neighbourhood with generally lower valuations, and possibly the condition or features of the property. The assessment is close to the average for Spence Street itself.
3. Is the lot size considered large or small?
The lot is 4,476 sqft. That’s above average for both Spence Street (3,987 sqft) and West Broadway (3,954 sqft), but below the citywide average of 6,570 sqft. So it’s generous for the immediate area, but not oversized by Winnipeg standards.
4. The home was built in 1902. What should I be aware of with a house that old?
It’s older than the street and neighbourhood averages, and significantly older than the citywide average (mostly homes from the 1960s). An older home may have charm and solid construction, but you should plan for maintenance related to aging systems, foundations, insulation, and possibly lead paint or outdated wiring. A thorough inspection is strongly recommended.
5. How is the property ranked compared to others?
The house ranks in the top 21% citywide for living space, meaning it’s larger than most homes in Winnipeg. For assessed value, it’s in the bottom 17% citywide—so it’s on the lower end in terms of valuation. The lot is in the top third on the street and in the neighbourhood, and the build year places it among the older homes both locally and citywide.