690 Lanark Street

Mathers, Winnipeg

Property score

76.7

Good

Overall 76.7 · Larger than most nearby homes

1,456 sqft (top 15%) · 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

Above average

20% larger 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)

Sold Count

143

Median price

348k

$/sqft

$334/sqft

Avg build year

1958

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Property score

76.7 is composed by the two sections below.

Property Score

71.1Good
Living Area75
1,456 sqftGood
Year Built43
1957Low
Lot Size85
6,600 sqftExcellent
Neighbourhood Sales Activity95
Excellent

Community Score

85.0Excellent
Household Income85
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

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: #46111035

Community deep dive

$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

Population, labour & age

Population (2021)559
Labour force participation rate61%
Median age46.4
Avg household size2.4
Unemployment rate3%
Population density2942 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children25%
Median household income (2020)$101K

Housing

Renter households8%
Condominium dwellings29%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority12%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,456 sqft
0255075100
Same streetTop 26%Same areaTop 15%CitywideTop 33%
Same street · Lanark Street
#77 / 301
Top 26% · Avg 1,277 sqft
Same area · Mathers
#58 / 385
Top 15% · Avg 1,216 sqft
Citywide · Winnipeg
#64,042 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
470k
0255075100
Same streetTop 23%Same areaTop 21%CitywideTop 25%
Same street · Lanark Street
#68 / 301
Top 23% · Avg 404.3k
Same area · Mathers
#80 / 385
Top 21% · Avg 424.1k
Citywide · Winnipeg
#48,354 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1957
0255075100
Same streetTop 22%Same areaBottom 43%CitywideBottom 37%

Lot Size

above average
6,600 sqft
0255075100
Same streetTop 14%Same areaTop 20%CitywideTop 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

690 Lanark Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 464 m), 2 education (nearest 140 m), 1 shopping (nearest 407 m).

Search radius
🍽️Dining1
🏫Education2
🛒Shopping1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 6/2020CA$300k–350k
Sold price

Same street

Bottom 43%

Same area

Bottom 34%

City-wide

Top 48%

Related homes

Highlights & common questions: 690 Lanark Street, Winnipeg

Property Overview: 690 Lanark Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home in Mathers presents a solid, above-average offering in several key metrics. Built in 1957, the property stands out for its generous 6,600 sqft lot, which is notably larger than many of its neighbours and places it in the top 20% locally. The 1,456 sqft living area is also comfortably above the average for both the street and the neighbourhood. With an assessed value of $470,000, it ranks consistently above average across street, neighbourhood, and city-wide comparisons, suggesting a property that holds its value well within its context.

The primary appeal lies in its established setting and the space it offers—both inside and out. It suits buyers looking for a home with room to breathe and potentially expand in a mature area, without venturing into the premium price tier of newer developments. It’s an ideal match for a growing family, a buyer who values a larger yard for gardening or recreation, or an investor seeking a stable property in a consistent neighbourhood. A thoughtful perspective is that while the home is from the late 1950s, its above-average rankings in size and value indicate it may have been well-maintained or updated over time, offering a balance of character and practicality.

Section 2: Frequently Asked Questions

1. How current is the assessed value, and what does it mean for property taxes?
The assessed value of $470,000 is the latest municipal valuation for taxation purposes. While it’s a strong indicator of municipal perception and places the home above average for the area, it is not the same as market value. Taxes are calculated based on this assessment and the annual municipal tax rate.

2. The home sold between $300k–$350k in 2020. Why is the assessed value now $470k?
This increase reflects broad market appreciation over the past five years, as well as the city’s assessment process. The current assessed value aligns it with similar homes now valued around $470k in other neighbourhoods like Elmhurst, indicating a general upward trend.

3. What does the "above average" ranking for lot size actually mean?
With a 6,600 sqft lot ranking in the top 14% on Lanark Street, this property has a significantly larger yard than most direct neighbours. The average lot on the street is about 5,887 sqft, giving this home over 700 sqft of additional outdoor space.

4. Is a 1957-built home a concern for major repairs?
While the home is nearly 70 years old, its year built ranks above average for its street, meaning many nearby houses are older. This suggests the area is established and stable. A pre-purchase inspection is always recommended to evaluate the condition of major systems like plumbing, electrical, and the roof.

5. How can I find out the exact historical sale price?
The precise sale price is not publicly listed in detail. You can request it directly via the "Get exact sold price history" feature on the listing page. The service provider will manually retrieve and email the accurate figure, typically by the end of the same business day.