592 Lanark Street

J. B. Mitchell, Winnipeg

Property score

68.6

Good

Overall 68.6 · Compared with neighbourhood average

1,048 sqft (bottom 44%) · Built in 1955 (1 yr newer than avg)

Located in a high-income area with median household income of ~97k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 bank/ATM nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 2%

Past 10 years J. B. Mitchell sales snapshot (~80% of all data)

Sold Count

123

Median price

375k

$/sqft

$469/sqft

Avg build year

1954

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Property score

68.6 is composed by the two sections below.

Property Score

56.6Fair
Living Area1,048 sqft52Fair
Year Built195536Low
Lot Size7,917 sqft91Excellent
Neighbourhood Sales Activity90Excellent

Community Score

86.5Excellent
Household Income83Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

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: #46110370

Community deep dive

$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

Population, labour & age

Population (2021)405
Labour force participation rate69%
Median age46.8
Avg household size2.1
Unemployment rate11%
Population density1760 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households31%
Couple families with children21%
Median household income (2020)$97K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority2%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,048 sqft
0255075100
Same streetBottom 33%Same areaBottom 44%CitywideBottom 33%
Same street · Lanark Street
#203 / 301
Bottom 33% · Avg 1,277 sqft
Same area · J. B. Mitchell
#173 / 307
Bottom 44% · Avg 1,121 sqft
Citywide · Winnipeg
#130,286 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 25%Same areaTop 15%CitywideTop 27%
Same street · Lanark Street
#76 / 301
Top 25% · Avg 404.3k
Same area · J. B. Mitchell
#45 / 307
Top 15% · Avg 403.5k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetTop 37%Same areaTop 37%CitywideBottom 34%

Lot Size

Elite
7,917 sqft
0255075100
Same streetTop 6%Same areaTop 1%CitywideTop 12%

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

592 Lanark Street — 8 amenities found within 500 m, across 4 categories, including 4 dining (nearest 375 m), 2 education (nearest 96 m), 1 shopping (nearest 429 m).

Search radius
🍽️Dining4
🏫Education2
🛒Shopping1
🏦Finance1

Crime & Safety

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%

Sales History

Sold 6/2022CA$500k–550k
Sold price

Same street

Top 12%

Same area

Top 3%

City-wide

Top 15%

Related homes

Highlights & common questions: 592 Lanark Street, Winnipeg

Property Overview: 592 Lanark Street, Winnipeg

Key Features & Buyer Appeal

This one-storey home in J.B. Mitchell is defined by two standout characteristics: an exceptionally large lot and a strong assessed value. The nearly 7,917 sqft property lot is notably larger than most, ranking in the top 6% on its street and the top 1% in the neighbourhood, offering rare potential for expansion, gardening, or outdoor space. Complementing this is an assessed value that places it above average for the area, suggesting a solid investment foundation. The living space (1,048 sqft) is modest and typical for the locale, but the basement has been renovated, adding functional space. Built in 1955, the home is of a vintage common to the area.

The primary appeal lies in this land-to-building ratio. It suits a buyer looking for a manageable home with significant outdoor potential or future development options, without the upkeep of a larger house. It would also attract value-conscious purchasers who prioritize a lot size that is increasingly hard to find in the city. The renovated basement adds immediate livability, making it practical for small families, downsizers, or first-time buyers who value space to grow over a brand-new build.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in June 2022 for an estimated $49.5k–$52.5k, which is consistent with its current assessed value of $45.80k. This stability can indicate a well-maintained property in a steady market.

2. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is in the top 1% of all comparable homes in the J.B. Mitchell neighbourhood. You are getting a yard that is significantly larger than what is typically available on the market here.

3. Is the living area too small?
At 1,048 sqft, it is slightly below the neighbourhood average. However, this is balanced by the renovated basement, which adds functional space, and the vast outdoor area. It's a trade-off: more land and a lower-maintenance footprint versus a larger interior.

4. What are the implications of a 1955 build date?
It places the home in the middle range of age for the area. While it may require attention to aging components like wiring or plumbing, it also means the home is situated in an established, mature neighbourhood with character.

5. Can I get the exact historical sale price?
The listing service provides sold price ranges based on public data. To obtain the precise sale figure, you must request it directly from them via email, which they provide as a manual, no-spam service.

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