Property score
70.9
Good
Overall 70.9 · Compared with neighbourhood average
1,156 sqft (top 40%) · Built in 1957 (1 yr older than avg)
Located in a high-income area with median household income of ~101k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 shop, and 3 parks nearby
Living Area
Near average
5% 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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70.9 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
720 Lanark Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 231 m), 1 shopping (nearest 419 m), 3 parks (nearest 124 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 | Top 14% | Top 17% | Top 17% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 31% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 720 Lanark Street, Winnipeg
Key Characteristics & Appeal
This home at 720 Lanark Street in the Mathers neighbourhood presents a compelling blend of space, value, and established community. Built in 1957, it sits on a generous 6,468 sqft lot, offering above-average outdoor space for the area. With 1,156 sqft of living area, the interior size is practical and aligns with neighbourhood norms.
The primary appeal lies in its strong value proposition. The property’s assessed value consistently ranks in the top 15-20% when compared to similar homes on its street, in Mathers, and across Winnipeg, suggesting it is viewed as a substantial asset relative to its peers. This is reinforced by its solid sold price history, with sales in 2016 and 2022 both ranking well above area averages. The appeal is not about being the newest or largest, but about offering a balanced, premium-quality holding within its market segment.
This property would suit a value-conscious buyer looking for a established home with a sizable yard in a mature neighbourhood. It’s ideal for someone who appreciates a home with a track record of strong assessed value and who may prioritize land size and long-term equity over a recently built structure. It could also be a fit for those wanting to put down roots in a community without the premium often attached to newer subdivisions.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The assessed value is currently $52,900. The home last sold in 2022 for an estimated $450,000-$500,000, which placed it in the top 14-17% of comparable sales at that time. This indicates the market has historically valued this property above its assessed value.
2. Is the lot size a significant feature?
Yes. The lot of 6,468 sqft ranks above average for both the Mathers neighbourhood and city-wide. This provides more private outdoor space than many comparable properties, which is a key asset for gardening, recreation, or future expansion.
3. What does the "above average" ranking for Year Built on Lanark Street mean?
While built in 1957, this home is newer than many on its own street, ranking in the top 22%. This suggests the immediate block features older homes on average, so this property may have relative advantages in terms of infrastructure or design updates compared to its closest neighbours.
4. How stable has the property's value been?
The sales data shows consistent, above-average market performance. Its sale price ranked in the top 25-31% of comparable sales in 2016 and improved to the top 14-17% in 2022, demonstrating a trend of strong value retention and growth relative to its peers over that six-year period.
5. Who should consider requesting the exact sold price history?
Prospective buyers conducting detailed financial analysis or comparing specific value trends over time would benefit from the exact figures. The provided price ranges are useful for general comparison, but exact prices help in understanding precise appreciation rates and negotiating.
