Spence lives in apartments: 72% of its homes, beside 16% for Manitoba’s towns
The middle home was worth $214,000 at the 2021 census, the average $231,034. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Statistics Canada counted 14,740 buyers in 2023, paying a median $374,000. Figures for sale prices, assessed values, values by property type and building permits are published for the city of Winnipeg as a whole, not for Spence alone.
Spence’s homes, by three sources
Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $231K
- Owners
- 290
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Winnipeg’s houses sit 51% above Manitoba’s towns
Assessors listed 222,340 residential properties in Winnipeg for 2024, 79% of them detached houses and 12% condos.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
Core housing need: 32% of Spence’s households, where Manitoba’s towns sit at 7%
The 2021 census counted 1,790 occupied homes in Spence. More than half were built before 1961. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Spence | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 5% | 5% | 8% |
| Needing major repairs | 12% | 6% | 6% |
| Too small for the household | 17% | 5% | 3% |
| Households in core housing need | 32% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building at the pace of Manitoba’s towns: 16.9 new homes a year per 1,000 in Winnipeg, against 13.7
Building permits added 29,417 homes in Winnipeg between 2018 and 2023: some 4,903 a year. Single-unit buildings took 23%, the rest buildings of two or more, against 67% for Manitoba’s towns.
The busiest year: 2021, with 6,147 new homes
New homes a year per 1,000 homes
Up 34%: 7,667 new homes in the year to August 2026
The monthly permits numbers here cover the Winnipeg metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Spence against Manitoba’s towns: 29% under the $300,000 median
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Spence: West Alexander and Centennial
The places around Spence at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Spence | $214K | $231K | 16% | |
| Central Park | $240K | $264K | 4% | 0.4 |
| West Alexander | $200K | $196K | 35% | 0.7 |
| St. Matthews | $224K | $222K | 52% | 0.8 |
| South Portage | – | $280K | 2% | 1 |
| Daniel McIntyre | $206K | $220K | 48% | 1 |
| Centennial | $180K | $206K | 18% | 1.1 |
Census 2021 values; km.
Questions about property prices in Spence
Is Spence expensive for Manitoba?
Cheaper than the middle: Manitoba’s towns come to $300,000, Spence to less.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).