256 Young Street

West Broadway, Winnipeg

Property score

54.2

Fair

Overall 54.2 · Compared with neighbourhood average

2,013 sqft (top 49%) · 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: 23 dining spots, 3 schools, 14 healthcare facilitys, and 6 shops nearby

Living Area

Near average

0% 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 Area94
2,013 sqftExcellent
Year Built10
1902Low
Lot Size38
3,038 sqftLow
Neighbourhood Sales Activity74
Good

Community Score

33.7Low
Household Income30
Low
Education Level44
Low
Housing Stress42
Low
Core Housing Need15
Low
Employment Health42
Low

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
2,013 sqft
0255075100
Same streetTop 7%Same areaTop 49%CitywideTop 11%
Same street · Young Street
#8 / 107
Top 7% · Avg 1,393 sqft
Same area · West Broadway
#169 / 348
Top 49% · Avg 2,017 sqft
Citywide · Winnipeg
#20,510 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
243k
0255075100
Same streetTop 27%Same areaBottom 29%CitywideBottom 16%
Same street · Young Street
#29 / 107
Top 27% · Avg 201.8k
Same area · West Broadway
#248 / 348
Bottom 29% · Avg 295.4k
Citywide · Winnipeg
#164,131 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1902
0255075100
Same streetBottom 39%Same areaBottom 35%CitywideBottom 1%

Lot Size

around average
3,038 sqft
0255075100
Same streetTop 50%Same areaBottom 28%CitywideBottom 13%

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

256 Young Street — 69 amenities found within 500 m, across 10 categories, including 23 dining (nearest 134 m), 3 education (nearest 270 m), 14 healthcare (nearest 151 m).

Search radius
🍽️Dining23
🏫Education3
🏥Healthcare14
🛒Shopping6
🌳Parks6
💪Sports2
🏦Finance3
Fuel Stations2
Worship9
🏛️Government1

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 12/2019CA$200k–250k
Sold price

Same street

Top 41%

Same area

Bottom 23%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 256 Young Street, Winnipeg

256 Young Street – Property Summary

Key Characteristics & Buyer Profile

This 1902-built home offers 2,013 sq. ft. of living space on a 3,038 sq. ft. lot. Its standout feature is living area: it ranks in the top 7% on Young Street and the top 11% citywide, meaning buyers get more interior space than most comparable homes in Winnipeg. The assessed value of $243,000 is above average for the street (top 27%) but below the neighbourhood and city averages—reflecting a mix of older construction and a lot size that’s modest by local standards. The lot is around average for the street but smaller than what’s typical in West Broadway and the wider city.

The appeal lies in the trade-off: a roomy interior at a below-typical assessment for the area, on a street where similar homes tend to be smaller. This makes sense for buyers who prioritize square footage over lot size or a newer build. It would suit someone looking for a character home (1902 era) with generous living space in a central Winnipeg neighbourhood, where the home’s value relative to its size could offer a practical entry point—especially for those not needing a large yard or a property that ranks high on condition or modernity. The street-level ranking for lot size and year built is average, so no surprises there.


Five Possible FAQs

1. How does the living area compare to nearby homes?
It’s well above average for the street (top 7%) and citywide (top 11%). In the neighbourhood itself, it sits around the middle (top 49%), so it’s not unusually large for West Broadway, but it is for this specific street.

2. Why is the assessed value lower than the neighbourhood average?
The property’s $243k assessment is below West Broadway’s average of $295.4k. Likely reasons: the lot is smaller than neighborhood norms, the home is older (1902 compared to a neighborhood average of 1910), and assessments reflect a mix of size, age, condition, and location. The value is competitive relative to the street, but not relative to the broader area.

3. The lot seems small. Is that common on this street?
Lot sizes on Young Street range widely, but your 3,038 sq. ft. lot ranks exactly at the midpoint (top 50%). So it’s typical for the street, though smaller than the neighborhood average of 3,954 sq. ft. and the citywide average of 6,570 sq. ft.

4. What does the year built (1902) mean for maintenance or character?
Homes from 1902 are older than 99% of properties citywide, which may mean original character features but also potential for older systems (plumbing, electrical, foundation). The street and neighbourhood both have a mix of build years, so this is not unusual for the area. A home inspection would be the best way to understand its current condition.

5. How should I interpret the "top %" rankings in the data?
These rankings compare your property to similar homes in its category. A lower percentage means a better rank—e.g., top 7% on the street means only 7% of comparable homes have more living area. For assessed value, "higher value = better rank" means the top-ranked homes cost the most. So being top 27% on the street (value) is strong locally, but top 84% citywide means many Winnipeg homes are assessed higher.