Property score
79.2
Good
Overall 79.2 · Larger than most nearby homes
1,605 sqft (top 10%) · 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
32% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
79.2 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
724 Lanark Street — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 244 m), 1 shopping (nearest 423 m), 3 parks (nearest 113 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 2% | ਟਾਪ 2% | ਟਾਪ 3% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 724 Lanark Street, Winnipeg
Key Characteristics & Appeal
This home on Lanark Street in Mathers presents a compelling mix of space, value, and established neighbourhood character. Its primary appeal lies in its significant above-average living space (1,605 sq. ft.) and an exceptionally high assessed value relative to its immediate area. In fact, its assessment ranks in the top 2% on its street and top 1% in the Mathers neighbourhood, suggesting a property that stands out in terms of perceived market value or improvements. Built in 1957, it is newer than many neighbouring homes, and it sits on a solid, slightly above-average city-wide lot of over 6,000 sq. ft.
This property would suit a buyer looking for a well-sized, established home in a mature neighbourhood, where the investment has already demonstrated strong assessed value growth. It’s ideal for someone who prioritizes interior space and lot size over a brand-new build, and who appreciates a home that compares favourably in both scale and official valuation within its community.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value ranks in the elite tier for the street and neighbourhood. This typically reflects significant updates, expansions, or premium features not fully captured in the basic square footage and year-built metrics. It indicates the property has been substantially improved relative to its peers.
2. What does the sold price history tell us?
The home sold between $700k-$750k in 2021. This past sale price, combined with its current high assessment, provides a strong benchmark for its market performance and helps establish a value trajectory.
3. Is the lot size a major feature?
The lot is generous and above average city-wide, offering good outdoor space. However, within Mathers and on Lanark Street itself, it is more typical, so the appeal is more about the overall package than an exceptionally large yard alone.
4. How does the age of the home (1957) factor in?
Built in 1957, it is newer than many homes in Mathers, which may mean fewer concerns related to very old infrastructure. Buyers should still budget for maintenance consistent with a nearly 70-year-old home, but it’s a relatively newer property in its historic neighbourhood context.
5. Where can I see more detailed comparisons with neighbouring properties?
You can open the neighbourhood analysis page for this property to view an interactive map comparing year built, living area, assessed value, and lot size with nearby houses in detail.
