626 Lanark Street

J. B. Mitchell, ਵਿਨੀਪਿਗ

Property score

77.7

Good

Overall 77.7 · Larger than most nearby homes

1,593 sqft (top 5%) · Built in 1955 (1 yr newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

42% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.7 is composed by the two sections below.

Property Score

71.9Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ79
1,593 sqftGood
ਤਰੀਕ ਤੋਂ ਬਣਿਆ36
1955Low
ਜ਼ਮੀਨ85
6,598 sqftExcellent
Neighbourhood Sales Activity90
Excellent

Community Score

86.5Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

J. B. Mitchell

How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
1,593 sqft
0255075100
Same streetਟਾਪ 17%Same areaਟਾਪ 5%Citywideਟਾਪ 26%
Same street · Lanark Street
#50 / 301
ਟਾਪ 17% · ਔਸਤ 1,277 sqft
Same area · J. B. Mitchell
#15 / 307
ਟਾਪ 5% · ਔਸਤ 1,121 sqft
Citywide · ਵਿਨੀਪਿਗ
#49,994 / 194,458
ਟਾਪ 26% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
518k
0255075100
Same streetਟਾਪ 15%Same areaਟਾਪ 4%Citywideਟਾਪ 17%
Same street · Lanark Street
#45 / 301
ਟਾਪ 15% · ਔਸਤ 404.3k
Same area · J. B. Mitchell
#13 / 307
ਟਾਪ 4% · ਔਸਤ 403.5k
Citywide · ਵਿਨੀਪਿਗ
#33,072 / 194,458
ਟਾਪ 17% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1955
0255075100
Same streetਟਾਪ 37%Same areaਟਾਪ 37%Citywideਹੇਠਲੇ 34%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,598 sqft
0255075100
Same streetਟਾਪ 24%Same areaਟਾਪ 16%Citywideਟਾਪ 21%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

626 Lanark Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 460 m), 2 education (nearest 117 m), 1 shopping (nearest 483 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2017 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 30%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 23%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 30%

Related homes

ਵਿਨੀਪਿਗ 626 Lanark Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 626 Lanark Street, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in the J.B. Mitchell neighbourhood presents a solid opportunity. Built in 1955, its key appeal lies in its above-average proportions and strong standing within its local context. The living space (1,593 sq ft) is notably larger than most comparable homes on its street and in the area, offering more room than typical for its style. This is complemented by a generous, above-average lot of 6,598 sq ft, providing valuable outdoor space and potential.

The home’s renovated basement adds functional living area, and the detached garage offers flexible storage or workshop space. From an investment perspective, the property consistently ranks in the top tiers for both size and assessed value when compared to its immediate peers on Lanark Street and within J.B. Mitchell, suggesting it is a premium offering in its specific locale.

This property would suit a buyer looking for a character home with ample indoor and outdoor space, who values a neighbourhood setting where the home stands out for its size. It’s also a sensible choice for a pragmatic investor or homeowner who appreciates a property that metrics show has historically performed well against its direct competition.


Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data indicates this home is a standout in its immediate vicinity. It ranks in the top 17% for living area and top 15% for assessed value on its own street, meaning it is consistently larger and valued higher than the majority of its closest neighbours.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or listing agent to understand if it’s a finished living space, a modernized utility area, or something in between.

3. Is the assessed value the same as the market value?
No. The provided assessed value ($51.80k) is for municipal tax purposes. The last recorded sale was between $39.5k-$42.5k in 2017. Market value is determined by current conditions and would be established through a professional appraisal or recent comparable sales.

4. What are the implications of a 1955 build year?
While the home is of average age for its area, a 1955 build means potential buyers should budget for updates to major aging components (like plumbing, electrical, or the roof) and consider an inspection to assess the condition of these systems.

5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed. As noted on the detail page, you can request it directly via email from the source site. They state they provide the accurate figure manually, typically by the end of the same day, without using your email for unsolicited marketing.