845 Lanark Street

Mathers, Winnipeg

Property score

75.4

Good

Overall 75.4 · Larger and newer than most nearby homes

1,445 sqft (top 15%) · Built in 1958

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 parks, and 1 government office nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

0 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

75.4 is composed by the two sections below.

Property Score

69.5Good
Living Area75
1,445 sqftGood
Year Built43
1958Low
Lot Size74
5,654 sqftGood
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
1,445 sqft
0255075100
Same streetTop 27%Same areaTop 15%CitywideTop 33%
Same street · Lanark Street
#80 / 301
Top 27% · Avg 1,277 sqft
Same area · Mathers
#59 / 385
Top 15% · Avg 1,216 sqft
Citywide · Winnipeg
#65,133 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
537k
0255075100
Same streetTop 12%Same areaTop 10%CitywideTop 14%
Same street · Lanark Street
#37 / 301
Top 12% · Avg 404.3k
Same area · Mathers
#37 / 385
Top 10% · Avg 424.1k
Citywide · Winnipeg
#27,856 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
1958
0255075100
Same streetTop 11%Same areaTop 19%CitywideBottom 39%

Lot Size

around average
5,654 sqft
0255075100
Same streetTop 48%Same areaBottom 49%CitywideTop 40%

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

845 Lanark Street — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 60 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 3/2020CA$500k–550k
Sold price

Same street

Top 9%

Same area

Top 11%

City-wide

Top 13%
Sold 12/2016CA$300k–350k
Sold price

Same street

Bottom 36%

Same area

Bottom 27%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 845 Lanark Street, Winnipeg

Property Overview: 845 Lanark Street, Winnipeg

Key Characteristics & Appeal

This home at 845 Lanark Street in the Mathers neighbourhood presents a compelling blend of space, value, and established community. Built in 1958, it offers 1,445 sqft of living area, which is notably above average for both its immediate street and the wider Mathers area. The lot is a generous 5,654 sqft, providing ample outdoor space typical of the area.

The primary appeal lies in its strong value proposition. The home’s assessed value ranks in the top 12-14% when compared to similar properties on its street, in Mathers, and across Winnipeg, indicating a perception of solid worth relative to its peers. This is supported by its sale history, showing a significant increase in value between 2016 and 2020. The data suggests a property that has outpaced average appreciation in its immediate locale.

This home would suit practical buyers looking for a established character home with room to grow or personalize. It’s ideal for someone who values a larger-than-average interior footprint for the area and a substantial yard, without venturing into premium price tiers. It’s a sound choice for buyers prioritizing space and lot size over a newer build, and who appreciate a neighbourhood with mature infrastructure.


Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,445 sqft, the living area is above average for both Lanark Street and the Mathers neighbourhood, placing it in the top 15-27% of comparable homes locally.

2. What does the assessed value ranking mean?
The home’s assessed value consistently ranks in the top 10-14% against comparison groups. This generally indicates that the city’s assessment views it as more valuable than most similar properties in its immediate and city-wide peer set.

3. The home was built in 1958. Is that a concern?
While not a new build, the year of construction (1958) is actually newer than many homes on Lanark Street and is average for the city. This suggests the home may have updates or a construction era that compares favorably within its established neighbourhood context.

4. What can the past sale prices tell me?
The home sold for an estimated $300k-$350k in 2016 and $500k-$550k in 2020. This indicates strong historical appreciation. For the exact sale prices, you can request them via email from the listing source.

5. Is the lot size typical?
The 5,654 sqft lot is very close to the average for both Lanark Street and Mathers, offering standard outdoor space for the area without being exceptionally large or small.