Property score
72.3
Good
Overall 72.3 · Larger and newer than most nearby homes
1,238 sqft (top 26%) · Built in 1958 (4 yrs newer than avg)
Located in a high-income area with median household income of ~97k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 bank/ATM nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 2%
Past 10 years J. B. Mitchell sales snapshot (~80% of all data)
123
375k
$469/sqft
1954
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72.3 is composed by the two sections below.
Property Score
Community Score
J. B. Mitchell
How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (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: #46110370
$97K
Median household income
$116K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
21%
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
576 Lanark Street — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 319 m), 2 education (nearest 133 m), 1 shopping (nearest 374 m).
J. B. Mitchell · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -98%
vs. prior year
Primary type
Property
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 15% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 576 Lanark Street, Winnipeg
Key Characteristics & Appeal
This 1,238 sqft one-storey home, built in 1958, sits on a 5,410 sqft lot in the J.B. Mitchell neighbourhood. Its core appeal lies in a combination of above-average investment and a solid, renovated foundation. The renovated basement adds functional living space, while the detached garage offers flexibility. The data reveals a compelling perspective: this property consistently ranks above its peers in terms of assessed value, placing in the top 16% on its street and an elite top 5% within J.B. Mitchell. This suggests it is viewed as a higher-value asset in its immediate area compared to many neighbours. However, its living space is more modest and squarely average for the locale, indicating the value is likely derived from factors like its condition, updates, or lot utility rather than sheer size.
The home would suit practical buyers looking for a move-in-ready property with a strong value proposition for the neighbourhood. It’s ideal for first-time homeowners, small families, or downsizers who prioritize a manageable single-level layout, the added bonus of a finished basement, and the potential for stable or growing equity in a well-established community.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that the municipal property assessment for this home is notably higher than most comparable homes in its immediate area and neighbourhood. This often reflects recent renovations, desirable lot characteristics, or overall superior condition, which can be a positive signal for market value.
2. Is the living space smaller than average?
At 1,238 sqft, the living area is slightly below the average for similar homes on Lanark Street (~1,277 sqft) but is above the average for the J.B. Mitchell neighbourhood (~1,121 sqft). It offers a comfortable, efficient footprint rather than an expansive one.
3. What is included in the "renovated" basement?
The listing confirms the basement is renovated, but the specific finishes and layout (e.g., number of rooms, ceiling height, plumbing for a bathroom) are not detailed. This would be a key point to clarify with the selling agent.
4. How does the 1958 build year affect the home?
Built in 1958, the home is newer than many in J.B. Mitchell (ranking in the top 4% for year built in the neighbourhood). This can mean updated building materials and potentially fewer concerns associated with very old infrastructure, though systems like plumbing, electrical, and the roof will still be age-dependent.
5. Can I get the exact historical sale price?
Yes, but not directly on the public page. The site provides an estimated sold price range from December 2021 ($42.5k - $45.5k). To obtain the precise sale price from their records, you must request it via email through their provided system.
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