Property score
55.0
Fair
Overall 55.0 · Compared with neighbourhood average
1,922 sqft (bottom 45%) · Built in 1902 (8 yrs older than avg)
Located in a below-average income area with median household income of ~41.2k
Transit 92.0 · 3-min walk to transit with 7 nearby routes · Within 500m: 25 dining spots, 4 schools, 12 healthcare facilitys, and 8 shops nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 74%Chinese · 2%
Past 10 years West Broadway sales snapshot (~80% of all data)
141
275k
$142/sqft
1910
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55.0 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110637
$41K
Median household income
$49K
Average household income
36%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
45%
Single-person households
6%
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
245 Spence Street — 70 amenities found within 500 m, across 10 categories, including 25 dining (nearest 162 m), 4 education (nearest 300 m), 12 healthcare (nearest 172 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 34% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Who It’s For
This is a 1902-built home on Spence Street in West Broadway, with 1,922 square feet of living space on a 2,994-square-foot lot. Its assessed value is $322,000.
The property’s main draw is its size. Citywide, the living area ranks in the top 13%—significantly larger than the typical comparable home in Winnipeg. The assessed value is also strong for the street, ranking in the top 20%, which suggests the home holds its value well relative to immediate neighbours.
That said, trade-offs are clear. The lot is smaller than average at every level—street, neighbourhood, and city. And the year built is old, even by West Broadway standards, ranking in the bottom 1% citywide.
This home would suit a buyer who prioritises interior space and street-level value over land size or a newer build. It’s a good fit for someone who values square footage for living, entertaining, or potential layout flexibility, and is comfortable with a compact lot in an established, older neighbourhood. It’s less suited to someone looking for a large yard, future expansion room, or a move-in-ready modern structure.
Five Possible FAQs
The lot is small compared to the house—does that affect resale?
It could, depending on the buyer. In West Broadway, smaller lots are common, so it’s not unusual for the area. But if you’re comparing to outlying neighbourhoods with bigger yards, this home’s land-to-building ratio is tighter. For someone who wants minimal yard maintenance, that can be a plus.
What does “top 13% citywide for living area” actually mean in practice?
It means this home is larger than roughly 87% of similar properties across Winnipeg. Rooms are likely more spacious, and there may be more flexibility for use of space—like a home office, extra bedroom, or open-concept potential—than in a typical home of this age and price point.
How much work does a 1902 home usually need?
That depends heavily on recent updates, which aren’t detailed here. A home this old often requires attention to electrical, plumbing, insulation, and foundation. It’s wise to budget for ongoing maintenance and to get a thorough inspection focused on systems and structural condition, not just cosmetics.
Is the assessed value of $322k realistic compared to sale prices in West Broadway?
Assessment values are not the same as market price—they’re a baseline used for taxation. That said, ranking in the top 20% on the street and top third in the neighbourhood suggests the home is on the higher end locally. You’d want to compare recent sold listings in the area to see how close assessments line up with actual sale prices.
What’s the neighbourhood like for someone who isn’t used to older inner-city areas?
West Broadway is central, walkable, and diverse, with older housing stock and a mix of longtime residents and newcomers. Streets can be narrow, parking may be tight, and homes are close together. The trade-off is proximity to downtown amenities, transit, and a sense of community that’s harder to find in newer subdivisions. It’s not for everyone, but for those who like urban living, it has real appeal.
