265 Young Street

West Broadway, Winnipeg

Property score

51.5

Fair

Overall 51.5 · Compared with neighbourhood average

1,820 sqft (bottom 37%) · 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 · 4-min walk to transit with 7 nearby routes · Within 500m: 22 dining spots, 4 schools, 14 healthcare facilitys, and 6 shops nearby

Living Area

Below average

10% 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

51.5 is composed by the two sections below.

Property Score

63.3Fair
Living Area89
1,820 sqftExcellent
Year Built10
1902Low
Lot Size28
2,999 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
1,820 sqft
0255075100
Same streetTop 17%Same areaBottom 37%CitywideTop 16%
Same street · Young Street
#18 / 107
Top 17% · Avg 1,393 sqft
Same area · West Broadway
#220 / 348
Bottom 37% · Avg 2,017 sqft
Citywide · Winnipeg
#32,025 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
273k
0255075100
Same streetTop 19%Same areaBottom 47%CitywideBottom 22%
Same street · Young Street
#20 / 107
Top 19% · Avg 201.8k
Same area · West Broadway
#185 / 348
Bottom 47% · Avg 295.4k
Citywide · Winnipeg
#150,712 / 194,458
Bottom 22% · Avg 390.1k

Year Built

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

Lot Size

around average
2,999 sqft
0255075100
Same streetBottom 36%Same areaBottom 22%CitywideBottom 11%

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

265 Young Street — 69 amenities found within 500 m, across 9 categories, including 22 dining (nearest 177 m), 4 education (nearest 309 m), 14 healthcare (nearest 182 m).

Search radius
🍽️Dining22
🏫Education4
🏥Healthcare14
🛒Shopping6
🌳Parks7
💪Sports2
🏦Finance3
Fuel Stations2
Worship9

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 11/2016CA$200k–250k
Sold price

Same street

Top 38%

Same area

Bottom 31%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 265 Young Street, Winnipeg

Property at 265 Young Street

Key Characteristics & Buyer Profile

This is a home that delivers strong interior space for its price, but comes with compromises on the lot and location within the city. The living area is 1,820 sqft, which ranks in the top 17% on Young Street and the top 16% citywide—making it genuinely spacious compared to other homes in its bracket. The assessed value sits at $273,000, which is above average for the street itself (top 19%) but notably below the citywide average of $390,100. The lot is the main trade-off: at 2,999 sqft, it’s smaller than typical for the neighborhood and well below city norms. The home was built in 1902, placing it among the oldest properties in the city (top 99% by age).

This property appeals most to buyers who prioritize square footage and a reasonable purchase price over having a large yard or a newer build. It’s a realistic fit for someone who wants a generous amount of finished interior space in a central Winnipeg neighborhood like West Broadway, without paying a premium for land or modern construction. It’s less suited for families seeking a big backyard or buyers who want a move-in-ready home with minimal maintenance concerns due to age. The property’s value lies in its space-for-dollar ratio rather than its lot or location-wide desirability.


Frequently Asked Questions

1. How does the living space compare to other homes in the area?
It’s significantly above average. On Young Street, it ranks in the top 17% for living area, and citywide it’s in the top 16%. The neighborhood average is actually higher (2,017 sqft), but that’s because West Broadway includes some larger older homes. Compared to similar-priced homes across Winnipeg, this property gives you notably more interior room.

2. The assessed value is $273,000—is that a good deal?
It depends on what you value. The assessment is 35% higher than the average on Young Street, but 30% lower than the citywide average for comparable homes. You’re paying a bit more than your immediate neighbors, but well below what a similar-sized home would cost in many other parts of Winnipeg. The low citywide rank (bottom 78%) suggests the market hasn’t priced this home as highly as newer or more desirable locations.

3. What’s the catch with a home built in 1902?
Age is a double-edged sword. The home has likely been updated over the years, but you’re buying into a structure that’s over 120 years old. It ranks in the bottom 1% citywide for year built, meaning almost all homes in Winnipeg are newer. Expect potential issues with foundations, wiring, plumbing, and insulation that come with very old construction. A thorough inspection is essential.

4. How will the small lot affect the property’s value or use?
The 2,999 sqft lot is below average for Young Street and well below the West Broadway and citywide averages. This limits outdoor space for gardening, play, or expansion. It may also make the property less appealing to future buyers who prioritize outdoor space. On the upside, a smaller lot typically means less yard maintenance and lower property taxes relative to land value.

5. Is West Broadway a good neighborhood for resale value?
It’s mixed. The neighborhood ranks around average for assessed value (top 53%) and home age, but the citywide data shows these homes trail behind many other parts of Winnipeg in price. The area is central and walkable, with character homes, which appeals to some buyers. However, if resale growth is a priority, you may want to compare West Broadway against other neighborhoods that have seen stronger appreciation in recent years.