342 Lipton Street

St. Matthews, Winnipeg

Property score

40.6

Below average

Overall 40.6 · Smaller than most nearby homes

690 sqft (bottom 4%) · Built in 1910 (7 yrs older than avg)

Located in a above-average income area with median household income of ~81k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 1 school, 6 healthcare facilitys, and 4 shops nearby

Living Area

Below average

42% smaller than neighborhood avg.

Taon ng Paggawa

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 66%Tagalog · 16%

Past 10 years St. Matthews sales snapshot (~80% of all data)

Sold Count

552

Median price

219k

$/sqft

$261/sqft

Avg build year

1917

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Property score

40.6 is composed by the two sections below.

Property Score

16.8Low
Living Area690 sqft15Low
Taon ng Paggawa191010Low
Lupa2,357 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

76.4Good
Household Income77Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Istatistika ng benta ng komunidad

St. Matthews

How to read: Share of sales in each ~$50k price band for “st. matthews” (Detached na bahay (hindi 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: #46110104

Community deep dive

$81K

Median household income

$88K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

24%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)649
Labour force participation rate73%
Median age38.8
Avg household size2.6
Unemployment rate9%
Population density6490 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households24%
Couple families with children26%
Median household income (2020)$81K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority43%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

mas mababa sa average
690 sqft
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 3%
Same street · Lipton Street
#575 / 616
Bottom 7% · Avg 1,163 sqft
Same area · St. Matthews
#1,399 / 1,455
Bottom 4% · Avg 1,195 sqft
Citywide · Winnipeg
#188,122 / 194,458
Bottom 3% · Avg 1,342 sqft

Assessed Value

karaniwan
199k
0255075100
Same streetBottom 28%Same areaBottom 46%CitywideBottom 8%
Same street · Lipton Street
#442 / 616
Bottom 28% · Avg 250.2k
Same area · St. Matthews
#791 / 1,455
Bottom 46% · Avg 205k
Citywide · Winnipeg
#178,762 / 194,458
Bottom 8% · Avg 390.1k

Taon ng Paggawa

karaniwan
1910
0255075100
Same streetBottom 24%Same areaTop 44%CitywideBottom 6%

Lupa

karaniwan
2,357 sqft
0255075100
Same streetTop 41%Same areaBottom 25%CitywideBottom 3%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

342 Lipton Street — 34 amenities found within 500 m, across 9 categories, including 11 dining (nearest 283 m), 1 education (nearest 281 m), 6 healthcare (nearest 230 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare6
🛒Shopping4
🌳Parks3
💪Sports1
Fuel Stations1
Worship6
🏛️Government1

Crime & Safety

St. Matthews · WPS public data · 2026

Annual incidents

62

2026

vs. city avg

+110%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

42%

Kasaysayan ng Benta

Naibenta 6/2024CA$200k–250k
Presyo ng benta

Parehong kalye

Bottom 34%

Parehong lugar

Top 44%

Buong lungsod

Bottom 13%
Naibenta 3/2017CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 19%

Parehong lugar

Bottom 33%

Buong lungsod

Bottom 8%

Related homes

Mga tampok at karaniwang tanong: 342 Lipton Street, Winnipeg

Property Overview: 342 Lipton Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, early 20th-century home in the St. Matthews neighbourhood, built in 1910. With 690 square feet of living space, it is notably smaller than most homes in the area and across Winnipeg, positioning it as a minimalist or entry-level option. The assessed value of $199,000 is fairly typical for St. Matthews but sits below the averages for its specific street and the wider city, suggesting a potentially accessible price point for the neighbourhood.

The appeal lies in its efficiency and location. It represents a lower-barrier entry into a mature community, suited for a first-time buyer, an investor, or someone looking to downsize without leaving a central area. The lot size is fairly standard for the street, offering a manageable outdoor space. A thoughtful perspective is that its smaller size and older vintage could translate to lower utility costs and a tangible connection to the city's architectural history, appealing to those seeking a simpler footprint. This property would best suit practical buyers who prioritize location over space, and who are comfortable with a home that may require updates reflective of its age.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 690 sqft, the living area is significantly smaller than the local average. On Lipton Street, comparable homes average about 1,163 sqft, placing this property in the smaller segment of available homes.

2. Is the assessed value in line with the neighbourhood?
Yes. The $199,000 assessment is very close to the St. Matthews area average of $205,000. It is, however, below the average for Lipton Street itself ($250k) and well below the Winnipeg city-wide average.

3. What is the history of sales for this property?
Available data indicates previous sales in June 2024 and March 2017, both within the $150,000 to $250,000 range. Exact sale prices require a manual lookup request through the site.

4. How old is this home, and is that typical?
Built in 1910, it is 116 years old. This is older than the average home on its street and across Winnipeg, but is around the typical age for the historic St. Matthews neighbourhood.

5. What are the comparable properties nearby?
Nearby references on Lipton Street include homes from the same era (1910-1912) with varying sizes and assessments, such as 319 Lipton St. (759 sqft, $237k assessment) and 405 Lipton St. (1,263 sqft, $193k assessment).

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