882 Lanark Street

Mathers, Winnipeg

Property score

71.9

Good

Overall 71.9 · Larger and newer than most nearby homes

1,287 sqft (top 23%) · Built in 1964 (6 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks, and 1 government office nearby

Living Area

Above average

6% larger than neighborhood avg.

Year Built

Above average

6 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

71.9 is composed by the two sections below.

Property Score

63.6Fair
Living Area66
1,287 sqftGood
Year Built46
1964Low
Lot Size67
5,276 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
1,287 sqft
0255075100
Same streetTop 42%Same areaTop 23%CitywideTop 43%
Same street · Lanark Street
#127 / 301
Top 42% · Avg 1,277 sqft
Same area · Mathers
#90 / 385
Top 23% · Avg 1,216 sqft
Citywide · Winnipeg
#82,659 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
448k
0255075100
Same streetTop 27%Same areaTop 28%CitywideTop 29%
Same street · Lanark Street
#82 / 301
Top 27% · Avg 404.3k
Same area · Mathers
#108 / 385
Top 28% · Avg 424.1k
Citywide · Winnipeg
#55,893 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
1964
0255075100
Same streetTop 4%Same areaTop 2%CitywideBottom 46%

Lot Size

around average
5,276 sqft
0255075100
Same streetBottom 37%Same areaBottom 32%CitywideTop 48%

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

882 Lanark Street — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 99 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 9/2017CA$350k–400k
Sold price

Same street

Top 44%

Same area

Bottom 45%

City-wide

Top 40%

Related homes

Highlights & common questions: 882 Lanark Street, Winnipeg

Property Overview: 882 Lanark Street, Winnipeg

Key Characteristics & Appeal

This home at 882 Lanark Street in the Mathers neighbourhood presents a compelling blend of space, value, and relative modernity for its area. Built in 1964, it stands out as a newer construction compared to most homes on its street and in Mathers, ranking in the top 4% and 2% respectively for year built. This suggests potentially fewer concerns with aging infrastructure common in older housing stock. With 1,287 sqft of living area, it offers above-average space for the Mathers neighbourhood and sits around the city-wide average, providing ample room for a small family or those wanting extra space.

The assessed value of $44,800 is consistently above average for its immediate context—ranking in the top 30% on Lanark Street, in Mathers, and city-wide. This indicates recognized value by municipal assessment, often a positive sign for equity. The lot size of 5,276 sqft is typical for the area, offering standard outdoor space without excessive maintenance.

Its appeal lies in this balance: it’s a relatively modern home in an established neighbourhood, with a solid amount of living space and a strong assessed value position. It would suit practical buyers looking for a move-in-ready footprint in a mature community, first-time homeowners seeking a property with good fundamentals, or investors interested in a stable asset with metrics that outperform many local comparables.


Frequently Asked Questions

1. What does the "above average" assessed value ranking mean?
It means the municipal property assessment for this home is higher than most comparable properties on its street, in the Mathers neighbourhood, and across Winnipeg. This can reflect the home's condition, size, and the 1964 build year compared to older neighbours, but it's not a direct market valuation.

2. How does the 1964 build year compare to nearby homes?
This home is significantly newer than many in its immediate vicinity. The average build year for comparable homes on Lanark Street is 1946, and in Mathers it's 1958. This 15-20 year difference can be an advantage in terms of building materials, layout, and systems.

3. What was the last known sale price?
Public data indicates a sale between CA$350,000 and CA$400,000 in 2017. For the exact sale price, you can request the information via email from the listing source.

4. Is the living space large for the area?
At 1,287 sqft, it is above the Mathers neighbourhood average (~1,216 sqft) and very close to the average for Lanark Street itself (~1,277 sqft). It provides a comfortable amount of space without being an outlier.

5. What are the most similar nearby properties?
The most directly comparable properties are its neighbours on Lanark Street (e.g., 886, 878 Lanark). For homes with a similar assessed value, examples include properties on Chalfont Road in Elmhurst and Woodchester Bay, though these are in different neighbourhoods.