Property score
59.7
Fair
Overall 59.7 · Newer than most nearby homes
1,240 sqft (top 41%) · Built in 1912 (5 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 1 school, 6 healthcare facilitys, and 4 shops nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
5 yrs older than neighborhood avg.
Mother tongue
English · 66%Tagalog · 16%
Past 10 years St. Matthews sales snapshot (~80% of all data)
552
219k
$261/sqft
1917
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59.7 is composed by the two sections below.
Property Score
Community Score
St. Matthews
How to read: Share of sales in each ~$50k price band for “st. matthews” (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: #46110104
$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
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
347 Lipton Street — 32 amenities found within 500 m, across 8 categories, including 11 dining (nearest 297 m), 1 education (nearest 237 m), 6 healthcare (nearest 218 m).
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%
347 Lipton 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 & Key Characteristics
This 1912 one-and-three-quarter storey home in St. Matthews presents a classic Winnipeg character property with solid fundamentals. Its key appeal lies in its generous 2,356 sqft lot, which is larger than most in the city (ranking in the top 3% for Winnipeg), offering valuable outdoor space and potential in a mature neighbourhood. The 1,240 sqft living area is comfortably sized, ranking above average for both the street and neighbourhood.
The home suits a practical buyer looking for a project or a long-term hold. It’s ideal for someone who values a larger lot over a move-in-ready condition, as the basement is noted as unrenovated and there is no garage. The assessed value is notably low compared to similar-sized homes in the area, which could indicate an opportunity for equity growth through updates, or simply a lower property tax base. It’s a straightforward property for a buyer who sees potential in the land and the classic structure, without the premium price of a fully updated home.
Frequently Asked Questions
1. What does "one & 3/4 storey" mean for this home?
This is a common Winnipeg architectural style, typically featuring a main floor, a second floor with sloped ceilings (often in the bedrooms under the roofline), and sometimes a small top floor or attic space. It offers more character and space than a true bungalow but often with a smaller footprint than a full two-storey.
2. The assessed value seems low compared to nearby homes. Why is that?
Municipal assessed value is for tax purposes and doesn't always equal market value. A lower assessment can be due to the home's condition (like an unrenovated basement), specific features (lack of garage), or the timing of the assessment. It often results in lower property taxes, which can be a financial advantage.
3. What is the St. Matthews neighbourhood like?
St. Matthews is a central, established neighbourhood near the Health Sciences Centre. It features a mix of well-kept character homes and more modest properties, with convenient access to downtown, Osborne Village, and major routes. It’s a practical, no-frills area with a strong sense of community.
4. Is the lack of a garage a major drawback?
For some buyers, yes. However, on-street parking is typical here, and the large lot may offer space to build a garage or shed in the future, subject to city bylaws. This is a common trade-off in older, central neighbourhoods.
5. How significant is the "unrenovated basement"?
This indicates the basement is in original or functional condition but not modernized. It likely has foundational plumbing and electrical systems and may be unfinished or partially finished. It represents both a cost-saving on the purchase price and a clear opportunity (or future expense) for the buyer to customize or improve.
