Property score
38.6
Below average
Overall 38.6 · Smaller than most nearby homes
680 sqft (bottom 17%) · Built in 1919 (18 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 bank/ATM nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 61%Tagalog · 22%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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38.6 is composed by the two sections below.
Property Score
Community Score
Weston
How to read: Share of sales in each ~$50k price band for “weston” (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: #46111146
$77K
Median household income
$80K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
16%
Single-person households
30%
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
298 Lock Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 61 m).
Weston · WPS public data · 2026
Annual incidents
66
2026
vs. city avg
+124%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Other
35%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 29% | Bottom 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 23% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact, older home in Winnipeg’s Weston neighbourhood with a living area of 680 square feet—well below the citywide average of 1,342 square feet. Built in 1919, it’s one of the oldest homes on its street, where the average build year is 1956. The land area is 2,623 square feet, which is slightly below the street average but relatively generous compared to the very small citywide median lot size. The assessed value sits at $142,000, which is around average for Lock Street but significantly below the citywide average of $390,100.
The property’s main appeal is its affordability and the fact that it offers a standalone house, not a condo or apartment, at a price point that’s hard to find in most of Winnipeg. It would suit a buyer who values ownership and a bit of outdoor space over square footage or modern finishes. This could be a first-time buyer with a limited budget, someone looking for a fixer-upper with good bones in an established neighbourhood, or an investor after a low-cost entry into the market. The small footprint means lower utility and maintenance costs, but the age of the house likely means some updates are needed. It’s not a home for someone seeking move-in-ready perfection or a large, open layout.
1. How does this property compare to others nearby?
On Lock Street, the home’s assessed value is about average, and its land area is slightly above median. However, it ranks very low for living area (88th percentile on the street) and age (97th percentile, meaning almost all nearby homes are newer). In the broader Weston neighbourhood, it falls in the bottom third for living area and value, but is roughly average for lot size and build year.
2. What does the “Top 97%” ranking mean?
It means that compared to all comparable homes citywide, this property has a smaller living area than 97% of them. The ranking system shows where the home stands relative to others—lower percentile in living area and year built, but a slightly better rank for land area and assessed value at the street level.
3. Is the assessed value a reliable estimate of market price?
Assessed value is used for property tax calculations and is based on a formula, not current market conditions. In a neighbourhood like Weston, where sale prices can vary, the assessed value is a starting point but may not reflect what a buyer would actually pay. A real estate agent familiar with the area can give a more accurate market estimate.
4. Would this home be eligible for renovation grants or programs?
Possibly. Because the home was built in 1919, it may qualify for heritage or older-home renovation programs offered by the city or province, such as the Winnipeg Housing Rehabilitation Program. Buyers should check current eligibility, especially if the home needs structural, electrical, or plumbing upgrades.
5. What are the downsides of buying a home this old and small?
The most obvious downsides are the need for ongoing maintenance and potential surprises (old wiring, plumbing, foundation issues). The small living area may also limit resale appeal if future buyers prioritize space. On the plus side, older homes often have better construction quality than newer builds, and a small house encourages simpler living with lower heating and cooling costs.
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