97 Spence Street

West Broadway, Winnipeg

Property score

67.2

Good

Overall 67.2 · Larger but older than most nearby homes

2,655 sqft (top 11%) · Built in 1901 (9 yrs older than avg)

Located in a average-income area with median household income of ~48.4k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 1 school, 12 healthcare facilitys, and 5 shops nearby

Living Area

Above average

32% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 68%French · 2%

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

67.2 is composed by the two sections below.

Property Score

75.6Good
Living Area98
2,655 sqftExcellent
Year Built10
1901Low
Lot Size74
5,644 sqftGood
Neighbourhood Sales Activity74
Good

Community Score

54.5Fair
Household Income53
Fair
Education Level72
Good
Housing Stress30
Low
Core Housing Need38
Low
Employment Health68
Good

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: #46110639

Community deep dive

$48K

Median household income

$55K

Average household income

32%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

50%

Single-person households

8%

Families with children

Population, labour & age

Population (2021)672
Labour force participation rate67%
Median age30.8
Avg household size1.9
Unemployment rate10%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)32%
Single-person households50%
Couple families with children8%
Median household income (2020)$48K

Housing

Renter households92%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority33%
Bachelor's or higher (25–64)36%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

Elite
2,655 sqft
0255075100
Same streetTop 8%Same areaTop 11%CitywideTop 2%
Same street · Spence Street
#12 / 157
Top 8% · Avg 1,925 sqft
Same area · West Broadway
#37 / 348
Top 11% · Avg 2,017 sqft
Citywide · Winnipeg
#3,939 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

above average
347k
0255075100
Same streetTop 12%Same areaTop 23%CitywideBottom 45%
Same street · Spence Street
#19 / 157
Top 12% · Avg 247.5k
Same area · West Broadway
#81 / 348
Top 23% · Avg 295.4k
Citywide · Winnipeg
#106,636 / 194,458
Bottom 45% · Avg 390.1k

Year Built

below average
1901
0255075100
Same streetBottom 22%Same areaBottom 11%CitywideBottom 1%

Lot Size

above average
5,644 sqft
0255075100
Same streetTop 12%Same areaTop 14%CitywideTop 40%

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

97 Spence Street — 44 amenities found within 500 m, across 9 categories, including 11 dining (nearest 195 m), 1 education (nearest 368 m), 12 healthcare (nearest 214 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare12
🛒Shopping5
🌳Parks6
💪Sports2
🏦Finance1
Fuel Stations1
Worship5

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 2/2025CA$250k–300k
Sold price

Same street

Top 25%

Same area

Top 40%

City-wide

Bottom 36%
Sold 10/2020CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 13%

City-wide

Top 38%
Sold 7/2019CA$300k–350k
Sold price

Same street

Top 15%

Same area

Top 24%

City-wide

Bottom 47%
Sold 1/2018CA$200k–250k
Sold price

Same street

Bottom 35%

Same area

Bottom 19%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 97 Spence Street, Winnipeg

Here is a clean, standalone summary of 97 Spence Street, presented in two main sections.


Property Overview & Buyer Profile

This is a character-driven home built in 1901, standing on a notably large lot in Winnipeg’s West Broadway area. Its key appeal is space: the house offers 2,655 square feet of living area, ranking it in the top 2% citywide for size. The lot is similarly generous at 5,644 square feet, well above the street and neighbourhood averages. This means the property provides room to spread out—both inside and out—that is increasingly rare in the city. The assessed value sits around $347,000, which is above the street average but below the citywide average for comparable homes, suggesting a potential value gap relative to the sheer square footage.

The property would best suit a buyer who values space and potential over a move-in ready, modern finish. Given the older construction year and the fact that the home ranks lower citywide for assessed value, it may appeal to someone looking for a project—perhaps an investor, a renovator, or a family wanting to craft a large home in an established neighbourhood without paying a premium for the city’s hottest areas. The location on Spence Street also means the owner is buying into a denser, older urban fabric, not a suburban subdivision, so the buyer should be comfortable with that character and the quirks of a home over 120 years old.


Frequently Asked Questions

1. How does the home’s age compare to other properties nearby?
The house was built in 1901, making it older than most on the street (where the average build year is 1909) and significantly older than the citywide average of 1966. This is a historic property, and buyers should expect systems and structures that reflect its age, even if updated.

2. Is the assessed value a good deal relative to the size?
The home’s living area ranks in the top 2% citywide, but its assessed value ($347k) ranks only in the top 55%, below the citywide average. This discrepancy between size and value often indicates either a less updated interior, a less desirable location by some metrics, or a mix of both. For a buyer who can invest in updates, it may represent good value per square foot.

3. What does the lot size mean for potential use?
At 5,644 square feet, the lot is significantly larger than the street average (3,987 sqft) and neighbourhood average (3,954 sqft). This extra outdoor space is uncommon for the area and could suit gardening, storage, parking, or future expansion, depending on zoning.

4. How does the street and neighbourhood compare to the rest of Winnipeg?
Spence Street and West Broadway are older, centrally located areas. The house ranks well compared to nearby homes (top 8–12% for living area and lot size on the street). However, it ranks only average citywide for assessment—meaning the immediate area is not among the city’s most expensive, but the house itself stands out locally.

5. What should a buyer look out for with a home from 1901?
Older homes often have original foundations, wiring, plumbing, and insulation that may not meet modern standards or building codes. A thorough inspection is essential. On the positive side, older construction often means solid, well-seasoned materials and architectural details not found in newer builds.