Property score
71.3
Good
Overall 71.3 · Compared with neighbourhood average
1,197 sqft (top 34%) · Built in 1957 (1 yr older than avg)
Located in a high-income area with median household income of ~101k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 shop, and 2 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 2%
Past 10 years Mathers sales snapshot (~80% of all data)
143
348k
$334/sqft
1958
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71.3 is composed by the two sections below.
Property Score
Community Score
Mathers
How to read: Share of sales in each ~$50k price band for “mathers” (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: #46111035
$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
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
686 Lanark Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 460 m), 2 education (nearest 128 m), 1 shopping (nearest 407 m).
Mathers · WPS public data · 2026
Annual incidents
11
2026
vs. city avg
-63%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
82%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Bottom 37% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 686 Lanark Street, Winnipeg
Key Characteristics & Appeal
This home at 686 Lanark Street in the Mathers neighbourhood presents a solid, grounded opportunity. Built in 1957, it is notably newer than many homes on its street and in the immediate area, which may suggest updated infrastructure or fewer concerns associated with very old homes. The property stands out for its generous 6,600 sqft lot, placing it well above average for both the street and the neighbourhood. This offers valuable outdoor space and potential in a city context.
The living area (1,197 sqft) and the city-assessed value (~$36k for land and building) are consistently around the middle of the pack when compared locally and city-wide. This indicates a property that is typical in size and municipal valuation for Winnipeg, not an outlier. The home last sold between $350k-$400k in 2021.
Its primary appeal lies in its balance and space. You get a larger-than-average lot with a home of a very standard size, in a neighbourhood of mixed-era properties. It would suit a practical buyer looking for a straightforward home with room to breathe, garden, or expand down the line, without the premium price tag of a fully renovated showhome. It’s a property where value is derived more from the land and location than from luxury finishes, ideal for a first-time homeowner, an end-user seeking stability, or a long-term holder who values outdoor space.
Frequently Asked Questions
1. What does the assessed value tell me about the property tax?
The assessed value (approximately $36,300) is used by the city to calculate your property tax bill. It is not the market value. This assessment is around average citywide, so you can expect property taxes to be fairly typical for a Winnipeg home of this size.
2. The home is newer than many on the street. What are the implications?
A 1957 build date is more recent than the area average (1946 on Lanark Street). This can be an advantage, potentially meaning updates to core systems like wiring or plumbing have already occurred, or that major components like the roof may have a shorter service history than a pre-war home.
3. How significant is the lot size?
At 6,600 sqft, the lot is a key feature. It’s significantly larger than many neighbouring properties, offering more privacy, yard space, and future potential (like additions or landscaping projects) than you’d typically find. This is a long-term asset.
4. The sold price history shows a range. Why isn't it exact?
Exact sale prices in Manitoba are not publicly available online. The provided range ($350k-$400k for the 2021 sale) is an estimate based on publicly accessible data. You can request the exact price from the site via email.
5. What do the "Top %" rankings mean for a buyer?
These rankings compare this property against similar homes on the street, in Mathers, and across Winnipeg. For example, "Top 14%" for land area means this lot is larger than 86% of lots on Lanark Street. It's a quick way to see where the property excels (lot size, newer build) or is average (living area, value) compared to its peers.
