3-715 Lanark Street

Built 2004Living Area 1,347 sqft
Sale History
SOLDin Aug 2017
450K±5,000
Tax Assessment
564k(prev. 550k)
+14k(+2.5%)
DateSold PriceNeighbourhood
2017-08Sold450K±5,0002/49

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,347 sqft · top 2% in area · built 2004 · 25 yrs newer than avg
$
High-income areaMedian household income ~$101K · top tier income demographics
3-min walk to transit3 nearby routes · score 80/100
Score

Property score

Overall score
80.2Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
77
Good
Living area
71
Year built
87
Sales activity
95
Community Score
85
Excellent
Income
85
Education
82
Housing
93
Core need
100
Employment
68
Rankings

How it stacks up

Each metric compared against 14 homes on Lanark Street, 673 in Mathers, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,347 sqft
ABOVE AVERAGE
StreetTop 50%AreaTop 2%CityTop 17%
Same street
Top 50%
#7 / 14
Same area
Top 2%
#13 / 673
Citywide
Winnipeg
Top 17%
#4,488 / 26,841
Tax-Assessed Value
564 k
ABOVE AVERAGE
StreetTop 36%AreaTop 1%CityTop 3%
Same street
Top 36%
#5 / 14
Same area
Top 1%
#5 / 673
Citywide
Winnipeg
Top 3%
#759 / 26,841
Year Built
2004
ABOVE AVERAGE
StreetTop 7%AreaTop 1%CityTop 38%
Same street
Top 7%
#1 / 14
Same area
Top 1%
#1 / 673
Citywide
Winnipeg
Top 38%
#10,264 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
3-715 Lanark Street: Living Area Analysis

Street Level (Lanark Street): Around Average. Ranked #7 out of 14 (Top 50%). The street average for comparable homes is 1,420 sqft.

Neighborhood Level (Mathers): Above Average. Ranked #13 out of 673 (Top 2%). The neighborhood average for comparable homes is 880 sqft.

Citywide Level (Winnipeg): Above Average. Ranked #4,488 out of 26,841 (Top 17%). The citywide average for comparable homes is 1,042 sqft.

3-715 Lanark Street: Tax-Assessed Value Analysis

Street Level (Lanark Street): Around Average. Ranked #5 out of 14 (Top 36%). The street average for comparable homes is 554.7k.

Neighborhood Level (Mathers): Above Average. Ranked #5 out of 673 (Top 1%). The neighborhood average for comparable homes is 194.2k.

Citywide Level (Winnipeg): Above Average. Ranked #759 out of 26,841 (Top 3%). The citywide average for comparable homes is 276.9k.

3-715 Lanark Street: Year Built Analysis

Street Level (Lanark Street): Above Average. Ranked #1 out of 14 (Top 7%). The street average for comparable homes is 2004.

Neighborhood Level (Mathers): Above Average. Ranked #1 out of 673 (Top 0%). The neighborhood average for comparable homes is 1979.

Citywide Level (Winnipeg): Around Average. Ranked #10,264 out of 26,841 (Top 38%). The citywide average for comparable homes is 1990.

Market

Mathers market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
365
last 14 years
Median price
170k
14-year area median
Price per sqft
$242/sqft
area average
Avg build year
1979
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

How to read: Share of sales in each ~$50k price band for “mathers” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46111035 · Statistics Canada 2021 Census · Population 559
559
Population (2021)
46.4
Median age
2.4
Avg household size
2,942 / km²
Population density
Distribution by household income band
25k-30k
4%
30k-35k
2%
40k-45k
2%
45k-50k
2%
50k-60k
9%
60k-70k
9%
70k-80k
7%
80k-90k
7%
90k-100k
4%
100k-125k
13%
125k-150k
11%
150k-200k
16%
200k plus
13%
$101K
Median household income
$127K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
29%
Single-person households
25%
Families with children
61%
Labour participation
3%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

3-715 Lanark Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 420 m), 2 education (nearest 199 m), 1 shopping (nearest 330 m).

Search radius
🍽️Dining3
🏫Education2
🛒Shopping1
🌳Parks3
Fuel Stations1

Crime & safety

Mathers · WPS public data
Full crime data →
Annual incidents
11
2026
vs. city average
-63%
▲ relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
82% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
monday
Recycling
monday
Yard waste
monday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 3-715 Lanark Street. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview: 3-715 Lanark Street, Winnipeg

Key Characteristics & Appeal

This is a well-positioned, modern townhome in the Mathers neighbourhood. Built in 2004, its primary appeal lies in offering contemporary living with minimal upkeep in a highly regarded area. The 1,347 sqft living space is comfortably above the city-wide average, providing ample room without being excessive.

The standout characteristic is its location value. While the home is around average for its own street, it ranks in the elite top 1-2% within the broader Mathers area and city-wide for its assessed value ($550k). This indicates you are purchasing into a desirable and established community. The year-built ranking further underscores this; it's among the newest homes in Mathers, suggesting modern construction standards and fewer immediate maintenance concerns compared to older area homes.

This property would suit practical buyers looking for a turn-key home in a prime neighbourhood. It’s ideal for professionals, small families, or downsizers who want the space and prestige of Mathers without the responsibilities of a detached house. It offers a balanced proposition: newer construction, above-average size, and a strong community standing.


Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
Its assessed value is around the middle of the pack (rank 6 of 14) on Lanark Street itself. However, it ranks in the top 1% within all of Mathers, highlighting that the entire street and immediate area are highly valued.

2. What does the sold price history tell us?
It last sold between $450k-$500k in 2017. The current $550k assessment suggests significant appreciation since then, aligning with its elite ranking in the area. For the exact historical sold price, you can request it via email from the listing source.

3. Is the living space typical for the area?
At 1,347 sqft, it’s larger than the average Winnipeg home but slightly smaller than the average on Lanark Street. This positions it as a spacious home city-wide that offers efficient, manageable living within its immediate block.

4. What are the benefits of a 2004 build?
A home from 2004 is relatively new, likely incorporating modern insulation, wiring, and building codes. It often means a good balance between established neighbourhood maturity and reduced risk of major, aging-infrastructure repairs.

5. Who are the most comparable buyers for this property?
The data suggests the most direct competition comes from other buyers seeking the Mathers lifestyle without a large lot or older home. They are likely comparing it to other townhomes or smaller detached homes in elite neighbourhoods, valuing community prestige and modern convenience equally.