821 Lanark Street

Mathers, Winnipeg

80.5

Excellent

Overall 80.5

Larger and newer than most nearby homes

1,826 sqft (top 6%)

Built in 1960 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~88k

Transit 80.0

5-min walk to transit with 3 nearby routes

Within 500m: 4 parks, and 1 government office nearby

Living Area

Above average

50% 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

Need help understanding this property?

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

Property score

80.5 is composed by the two sections below.

Property Score

77.9Good
Living Area1,826 sqft89Excellent
Year Built196043Low
Lot Size5,534 sqft74Good
Neighbourhood Sales Activity95Excellent

Community Score

84.3Excellent
Household Income80Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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
1,826 sqft
0255075100
Same streetTop 7%Same areaTop 6%CitywideTop 16%
Same street · Lanark Street
#22 / 301
Top 7% · Avg 1,277 sqft
Same area · Mathers
#22 / 385
Top 6% · Avg 1,216 sqft
Citywide · Winnipeg
#31,504 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetTop 13%Same areaTop 10%CitywideTop 15%
Same street · Lanark Street
#40 / 301
Top 13% · Avg 404.3k
Same area · Mathers
#40 / 385
Top 10% · Avg 424.1k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

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

Lot Size

around average
5,534 sqft
0255075100
Same streetBottom 46%Same areaBottom 42%CitywideTop 42%

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

821 Lanark Street — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 62 m).

Search radius
🌳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 9/2020CA$350k–400k
Sold price

Same street

Top 36%

Same area

Top 43%

City-wide

Top 35%

Related homes

Highlights & common questions: 821 Lanark Street, Winnipeg

Property Overview

This home at 821 Lanark Street in Winnipeg's Mathers neighbourhood presents a compelling blend of space, value, and established character. Its primary appeal lies in offering above-average living space and a more recent build date compared to most immediate peers, all within a stable, mature community.

Key Characteristics & Ideal Buyer

The 1,826 sqft living area is a significant standout, placing it in the top 7% on its street and top 6% in Mathers—offering substantially more room than the local averages. Built in 1960, it is notably newer than many surrounding homes, ranking in the top 5% locally for year built. This suggests a property that may have modernized infrastructure while still offering classic neighbourhood charm. The assessed value of $53,200 is consistently above average for the area, indicating solid municipal valuation. The lot size is typical for the locale.

This property would suit buyers looking for a spacious family home without venturing into new suburbs, and who appreciate an established neighbourhood with homes of varied ages. It’s ideal for someone who values interior square footage over a massive yard and understands that a higher assessment, while potentially meaning slightly higher taxes, often reflects a desirable and competitive position within the market.

Frequently Asked Questions

1. How does the 1960 build date compare to nearby homes?
It is significantly newer than many comparable homes in Mathers, where the average build year for similar properties is 1946-1958. This can be an advantage for systems, layout, and potential renovation needs.

2. The living area is large for the area. Does the lot size feel proportionate?
The lot is average for the neighbourhood (5,534 sqft). The home's above-average size on a standard lot creates an efficient use of space, potentially meaning less yard maintenance but a focus on indoor living.

3. What does an assessed value in the top 10-15% for the area imply?
It generally indicates the city views the property as one of the higher-value homes in Mathers, which can be a positive signal of its standing. Buyers should factor this into potential property tax estimates.

4. The home sold between $350k-$400k in 2020. How useful is that price today?
It provides a historical benchmark, but market conditions have likely shifted since 2020. It's best used as a point of reference alongside more recent sales and current assessments.

5. Where can I see how this property fits into the specific street and block?
For a detailed visual analysis comparing year built, lot size, value, and living area with nearby houses, you can open the dedicated neighbourhood map analysis page for this address.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.