Property score
68.4
Good
Overall 68.4 · Compared with neighbourhood average
1,350 sqft (top 31%) · Built in 1931 (17 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 5 parks, 1 fuel station, and 2 place of worships nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 84%Chinese · 2%
Past 10 years Sir John Franklin sales snapshot (~80% of all data)
379
382k
$367/sqft
1948
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68.4 is composed by the two sections below.
Property Score
Community Score
Sir John Franklin
How to read: Share of sales in each ~$50k price band for “sir john franklin” (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: #46110377
$91K
Median household income
$159K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.9
P90 / P10 ratio
38%
Single-person households
17%
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
54 Lanark Street — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 310 m), 5 parks (nearest 122 m).
Sir John Franklin · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
80%
54 Lanark Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 54 Lanark Street, Winnipeg
Key Characteristics & Appeal
This home at 54 Lanark Street in the Sir John Franklin neighborhood presents a solid, middle-of-the-road offering in Winnipeg’s market. Built in 1931, its 1,350 sqft living space is consistently "around average" when compared to homes on its street, in the neighborhood, and across the city. The assessed value of $430k follows a similar pattern, sitting slightly above the neighborhood average but aligning with city-wide trends. A notable characteristic is the lot size of 4,059 sqft, which is below average for the area. This suggests a more manageable yard with less maintenance, but less private outdoor space than some neighbors.
The appeal lies in its statistical consistency and established location. It’s not an outlier in size, value, or age, which can indicate stability and predictability—a known quantity in a mature neighborhood. It would suit practical buyers looking for a character home without extreme renovation needs, and who prioritize a standard interior space over a large garden. First-time buyers or downsizers might appreciate the manageable scale, while the value positioning makes it a candidate for those seeking a fair entry into the neighborhood without a premium price tag.
Frequently Asked Questions
1. Is the below-average lot size a disadvantage?
Not necessarily. While it offers less land than many area homes, it translates to lower maintenance for gardening and yard work. For buyers who prefer spending time indoors or value a simpler outdoor space, this can be a practical benefit.
2. How does the 1931 build year affect the home?
Being older than the city average means potential for classic architectural charm but also a higher likelihood of aging components (like plumbing or electrical) needing attention. It’s wise to budget for updates that align with the home's era.
3. The assessed value is above the neighborhood average. Does that mean it’s overpriced?
Not directly. Assessed value for taxation doesn't always equal market value. It indicates the city’s valuation is relatively strong for the area, which could reflect specific updates, condition, or the property’s exact location within Sir John Franklin.
4. Why is there no sales history shown?
Public sales records for this specific property may not be readily available in the system used. The site offers a manual lookup service to obtain exact historical figures upon request.
5. What is the immediate neighborhood like?
The listing shows several nearby homes on Lanark and adjacent streets with similar ages and varied sizes/values, suggesting a stable, established streetscape without drastic inconsistencies from one property to the next.
