823 Lanark Street

Mathers, Winnipeg

Property score

78.7

Good

Overall 78.7 · Larger and newer than most nearby homes

1,705 sqft (top 8%) · Built in 1959 (1 yr 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

40% larger than neighborhood avg.

Year Built

Above average

1 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

78.7 is composed by the two sections below.

Property Score

75.0Good
Living Area1,705 sqft86Excellent
Year Built195943Low
Lot Size5,497 sqft67Good
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
1,705 sqft
0255075100
Same streetTop 11%Same areaTop 8%CitywideTop 21%
Same street · Lanark Street
#32 / 301
Top 11% · Avg 1,277 sqft
Same area · Mathers
#31 / 385
Top 8% · Avg 1,216 sqft
Citywide · Winnipeg
#40,333 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
489k
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 22%
Same street · Lanark Street
#61 / 301
Top 20% · Avg 404.3k
Same area · Mathers
#68 / 385
Top 18% · Avg 424.1k
Citywide · Winnipeg
#41,968 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetTop 6%Same areaTop 10%CitywideBottom 40%

Lot Size

around average
5,497 sqft
0255075100
Same streetBottom 44%Same areaBottom 38%CitywideTop 43%

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

823 Lanark Street — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 58 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 3/2024CA$500k–550k
Sold price

Same street

Top 11%

Same area

Top 13%

City-wide

Top 14%

Related homes

Highlights & common questions: 823 Lanark Street, Winnipeg

Property Overview: 823 Lanark Street, Winnipeg

Key Characteristics & Appeal

This home at 823 Lanark Street in the Mathers neighbourhood presents a compelling blend of space, modern age, and established value. Its primary appeal lies in its above-average living area of 1,705 sq ft, which ranks in the top 11% for Lanark Street and the top 8% within Mathers, offering more interior space than most comparable local homes. Built in 1959, it is notably newer than many houses in the immediate area, ranking in the top 6% on its street for year built. The assessed value of $48,900 is consistently above local and city averages, suggesting a solid valuation foundation. The lot size is average for the area, providing standard outdoor space without excessive maintenance.

This property would suit buyers looking for a home that feels more spacious and modern than its neighbours without being an outlier. It’s ideal for someone who values clear, data-backed standing in the market—a home that outperforms its immediate peers in key metrics like size and age. It may also attract value-conscious buyers who appreciate that its above-average characteristics aren’t reflected in an extreme premium, based on the assessed value rankings.


Frequently Asked Questions

1. How current is the sold price information?
The listed sale range of CA$500k–550k is from 2024 and is based on available public data. For the exact historical sold price, you can request it via email from the site; they provide this detail manually without using your email for marketing.

2. What does it mean that the home ranks in the "top" percentages?
The rankings compare this home to specific groups of "comparable homes." For example, being in the "top 11% for living area" on Lanark Street means about 89% of similar homes on the street are smaller. It’s a relative measure of how this property stands out in its direct context.

3. Is the assessed value the same as the market value?
No. The assessed value ($48,900) is for municipal tax purposes. The market value is better indicated by the 2024 sold price range, which is significantly higher. The assessed value ranking simply shows this home is consistently valued above peers for tax assessment.

4. The home is newer than most on the street. Does that mean major systems are updated?
Not necessarily. While being built in 1959 makes it newer than many neighbouring homes (which average 1946 on Lanark Street), it is still a 67-year-old house. The ranking speaks to its relative age, but specific updates to the roof, wiring, plumbing, or HVAC would require a professional inspection.

5. How does the lot size compare?
At 5,497 sq ft, the lot is around the average for both Lanark Street and the Mathers area. It offers a typical urban yard—not the largest on the block, but also not unusually small, which can be a positive for those seeking a balance of outdoor space and manageable upkeep.

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