Property score
59.7
Fair
Overall 59.7 · Newer than most nearby homes
1,263 sqft (top 37%) · Built in 1912 (5 yrs older than avg)
Located in a above-average income area with median household income of ~81k
Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 10 dining spots, 1 school, 4 healthcare facilitys, and 4 shops nearby
Living Area
Near average
6% 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
405 Lipton Street — 31 amenities found within 500 m, across 8 categories, including 10 dining (nearest 415 m), 1 education (nearest 121 m), 4 healthcare (nearest 363 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%
405 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 & Appeal
This two-storey home on Lipton Street is a classic Winnipeg character property built in 1912. Its key appeal lies in its established St. Matthews neighbourhood location and its generous, above-average lot size of over 2,350 square feet, which ranks in the top 3% city-wide. The house itself offers a comfortable 1,263 sqft of living space. While it features a basement, it is noted as not being renovated, and the property does not include a garage or pool. The assessed value is modest relative to the lot size, which may present an opportunity.
This home would suit a buyer who values space and potential over immediate move-in perfection. It’s ideal for someone looking to put down roots in a central, mature neighbourhood and who is comfortable with a project, whether now or down the line. The large lot is a significant asset for gardeners, those seeking outdoor space, or future expansion. It’s a practical choice for a first-time buyer or an investor who sees value in the land and the solid foundation of a century-old home.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
It usually indicates a functional but unfinished or dated basement. Expect a classic Winnipeg cellar with concrete walls and floor, suitable for storage and utilities, but not developed as living space.
2. How significant is the lack of a garage?
On-street parking is common in this area. The large lot does provide potential for adding a garage or parking pad in the future, subject to city bylaws and permits.
3. The assessed value seems low; is that a concern?
Not necessarily. Municipal assessments for tax purposes often don't directly correlate with market value, especially for older homes on large lots. The price is determined by the market, not the assessment.
4. What are the implications of a 114-year-old house?
You inherit charming character but should budget for ongoing maintenance. A thorough inspection is essential to understand the condition of major aged components like the roof, plumbing, and wiring.
5. How does the lot size compare to newer homes?
The lot is a standout feature. At 2,354 sqft, it is substantially larger than many modern infill lots, offering valuable outdoor space that is increasingly rare in central neighbourhoods.
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