Property score
74.9
Good
Overall 74.9 · Larger and newer than most nearby homes
1,392 sqft (top 16%) · Built in 1958
Located in a high-income area with median household income of ~88k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 parks, and 1 government office nearby
Living Area
Above average
14% 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)
143
348k
$334/sqft
1958
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74.9 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” (Detached houses (non-condo), 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: #46111034
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
854 Lanark Street — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 78 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 8% | Top 10% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 854 Lanark Street in Winnipeg's Mathers neighbourhood presents a compelling mix of space, value, and established character. Its key appeal lies in its above-average proportions and a standout assessed value. With 1,392 sqft of living space and a 6,596 sqft lot, it offers more room than most comparable homes on its street, in Mathers, and citywide. Notably, its assessed value of $60.70k ranks in the top 5% on Lanark Street and top 3% in the Mathers area, suggesting a very strong municipal valuation relative to its peers—a key indicator for potential equity and desirability.
Built in 1958, the home is newer than many in its immediate vicinity, which may imply updated infrastructure or less immediate need for major repairs. The property last sold in the $500k-$550k range in 2017. It would suit buyers looking for a spacious, well-situated home in an established neighbourhood, particularly those who appreciate a property that stands out statistically for its lot size and official valuation. It’s a solid choice for someone seeking a home with a proven history of value retention and the space for family living or future expansion.
Frequently Asked Questions
1. What does the exceptionally high assessed value ranking mean?
Ranking in the top 3-5% for assessed value in both the street and neighbourhood contexts indicates the city’s assessment places this property significantly higher than most comparable homes. This often reflects desirable attributes like location, lot size, and improvements, and can be a positive signal for underlying value, though property taxes will be based on this figure.
2. How does the 2017 sale price relate to today’s value?
The home sold for an estimated $500k-$550k in 2017. This provides a historical benchmark, but current market conditions, changes to the property, and broader economic factors will determine its present market value. This data point is useful for understanding past market activity in the area.
3. Is a 1958-built home likely to have major issues?
While newer than many homes in Mathers, a 68-year-old home will still require diligent inspection. Key systems like plumbing, electrical, roofing, and the foundation should be professionally evaluated. Its newer age relative to the neighbourhood average is a positive, but condition depends entirely on maintenance and updates over the decades.
4. What is the significance of the above-average living and land area?
With both metrics consistently above local and city averages, this property offers more interior space and a larger yard than many alternatives. This is a primary appeal for buyers needing room to grow, enjoy outdoor space, or who simply prioritize a sense of scale and privacy that can be harder to find in older neighbourhoods.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, with a commitment to reply by the end of the same day without using your email for unsolicited marketing.
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