797 Lanark Street

Mathers, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Larger and newer than most nearby homes

1,706 sqft (top 8%) · Built in 1960 (2 yrs newer than avg)

Located in a high-income area with median household income of ~88k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 shop, 4 parks, and 1 government office nearby

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 3%

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

81.4 is composed by the two sections below.

Property Score

79.5Good
Living Area86
1,706 sqftExcellent
Year Built43
1960Low
Lot Size97
11,056 sqftExcellent
Neighbourhood Sales Activity95
Excellent

Community Score

84.3Excellent
Household Income80
Excellent
Education Level91
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: #46111034

Community deep dive

$88K

Median household income

$111K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

40%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)475
Labour force participation rate62%
Median age45.2
Avg household size2.1
Unemployment rate5%
Population density3392 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households40%
Couple families with children26%
Median household income (2020)$88K

Housing

Renter households6%
Condominium dwellings33%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority23%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

above average
1,706 sqft
0255075100
Same streetTop 10%Same areaTop 8%CitywideTop 21%
Same street · Lanark Street
#31 / 301
Top 10% · Avg 1,277 sqft
Same area · Mathers
#30 / 385
Top 8% · Avg 1,216 sqft
Citywide · Winnipeg
#40,243 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

Elite
586k
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 9%
Same street · Lanark Street
#21 / 301
Top 7% · Avg 404.3k
Same area · Mathers
#20 / 385
Top 5% · Avg 424.1k
Citywide · Winnipeg
#17,485 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
1960
0255075100
Same streetTop 5%Same areaTop 4%CitywideBottom 42%

Lot Size

Elite
11,056 sqft
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 5%

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

797 Lanark Street — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 498 m), 1 shopping (nearest 478 m), 4 parks (nearest 70 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks4
🏛️Government1

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 4/2023CA$700k–750k
Sold price

Same street

Top 2%

Same area

Top 1%

City-wide

Top 3%

Related homes

Highlights & common questions: 797 Lanark Street, Winnipeg

Property Overview: 797 Lanark Street, Winnipeg

Key Characteristics & Appeal

This home stands out for its generous proportions and prime lot. With 1,706 sqft of living space, it is significantly larger than most comparable homes in the Mathers neighbourhood and across Winnipeg. The true standout feature is the 11,056 sqft lot, which places it in the top 1% of properties in Mathers for land area, offering exceptional outdoor space and potential. Built in 1960, it is notably newer than many surrounding homes. The assessed value of $58,600 reflects its premium standing within the local market, and its sale in the $700k-$750k range in 2023 confirms its desirability.

The appeal lies in securing a property that outperforms its peers on multiple metrics: ample interior space, a newer build date for the area, and a truly oversized, private lot. It suits buyers looking for a established home with room to grow, garden, or entertain, and who value a property that is a statistical standout in its community. It’s a solid choice for those prioritizing long-term value and space over a brand-new build.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sale price?
The assessed value ($58,600) is for municipal tax purposes and is not intended to reflect market value. The sale price from 2023 ($700k-$750k) is the true indicator of its market worth.

2. How does the lot size compare to a typical city lot?
The lot is exceptionally large at over 11,000 sqft. For perspective, the average comparable lot in Mathers is about 6,000 sqft, meaning this property offers nearly double the outdoor space.

3. The home was built in 1960. What does that mean for maintenance?
While newer than many homes in Mathers, a 60+ year-old home will likely have had major systems (roof, windows, furnace) updated over time. A thorough inspection is recommended to understand the condition and any upcoming capital needs.

4. What do the "Top X%" rankings mean?
These rankings show how this property compares to similar homes. For example, "Top 1% for Land Area in Mathers" means its lot size is larger than 99% of comparable properties in the neighbourhood, indicating a rare and valuable feature.

5. How can I find out the exact historical sale price?
The provided sale price is a public data range. The listing service offers to provide the exact figure via a manual email request, which they aim to fulfill by the end of the same business day.