712 Lanark Street

Mathers, Winnipeg

Property score

73.1

Good

Overall 73.1 · Larger than most nearby homes

1,260 sqft (top 29%) · Built in 1957 (1 yr older than avg)

Located in a high-income area with median household income of ~101k

Transit 80.0 · 2-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

4% 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

73.1 is composed by the two sections below.

Property Score

65.1Good
Living Area66
1,260 sqftGood
Year Built43
1957Low
Lot Size81
6,204 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
1,260 sqft
0255075100
Same streetTop 48%Same areaTop 29%CitywideTop 45%
Same street · Lanark Street
#143 / 301
Top 48% · Avg 1,277 sqft
Same area · Mathers
#111 / 385
Top 29% · Avg 1,216 sqft
Citywide · Winnipeg
#87,069 / 194,458
Top 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
397k
0255075100
Same streetTop 47%Same areaBottom 41%CitywideTop 39%
Same street · Lanark Street
#142 / 301
Top 47% · Avg 404.3k
Same area · Mathers
#229 / 385
Bottom 41% · Avg 424.1k
Citywide · Winnipeg
#75,998 / 194,458
Top 39% · Avg 390.1k

Year Built

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

Lot Size

above average
6,204 sqft
0255075100
Same streetTop 40%Same areaTop 31%CitywideTop 27%

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

712 Lanark Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 490 m), 2 education (nearest 203 m), 1 shopping (nearest 413 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 9/2016CA$350k–400k
Sold price

Same street

Bottom 47%

Same area

Bottom 38%

City-wide

Top 45%

Related homes

Highlights & common questions: 712 Lanark Street, Winnipeg

Property Summary: 712 Lanark Street, Winnipeg

Key Characteristics & Appeal

This home at 712 Lanark Street in the Mathers neighbourhood presents a balanced, grounded opportunity. Built in 1957, it is notably newer than many homes on its street, potentially suggesting fewer major age-related concerns compared to immediate neighbours. The property sits on a 6,204 sqft lot, which is above average for Winnipeg, offering generous outdoor space for gardening, play, or expansion.

Its appeal lies in its consistency. The living area (1,260 sqft), assessed value, and lot size all register as "around average" to "above average" when compared to the local area, city, and its own street. This indicates a property that doesn't have extreme outliers—it’s a solid, proportional home in a mature setting. The last recorded sale was between $350k-$400k in 2016.

This home would suit a practical buyer looking for a manageable footprint with a sizable yard in an established neighbourhood. It’s a candidate for someone comfortable with a home of this era, possibly a first-time buyer seeking a foundation to build equity or a downsizer wanting a single-level layout (typical of the period) without sacrificing outdoor space. Its balanced metrics suggest it’s unlikely to be a "steal" nor an overpriced outlier, but a straightforward proposition.

Frequently Asked Questions

1. What does it mean that the home is "newer" than others on the street?
While still a 1957 build, being newer than the street average (1946) could imply that major foundational or systemic updates common in pre-war homes may have been addressed during its construction era. However, a 69-year-old home will still require a thorough inspection for its own age-related updates like wiring, plumbing, and windows.

2. How should I interpret the "above average" lot size ranking citywide?
The lot is a key feature. In a city-wide context, a Top 27% ranking for land area means you are getting more outdoor space than most Winnipeg properties. This adds value for privacy, recreation, and future potential, setting it apart from newer developments with smaller lots.

3. Why is the assessed value so much lower than the city-wide average for comparable homes?
The city-wide "comparable average" of $390k appears to be a data discrepancy or includes very different property types. Focus on the local context: the assessed value of $39.70k is consistent with averages on Lanark Street ($40.40k) and in Mathers ($42.40k). Market value is determined by recent sales, not assessment.

4. How accurate are the sold price ranges shown?
The sold price ranges are based on public data estimates. To get the exact historical sale price, you must request it via the provided email service. This is a common practice to ensure data privacy and accuracy before it's formally disclosed in listings.

5. What can the neighbourhood analysis page tell me?
The interactive map analysis allows you to visually compare this property with nearby homes on key metrics like year built, lot size, and assessed value. This helps you see if the home is an outlier in its immediate few blocks, providing crucial context beyond broader neighbourhood averages.