Property score
57.5
Fair
Overall 57.5 · Newer than most nearby homes
924 sqft (top 47%) · Built in 2022 (85 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 bank/ATM nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
85 yrs newer 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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57.5 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
320 Lock Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 124 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 | Top 8% | Top 3% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 8% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a brand-new home (built 2022) in Winnipeg’s Weston neighbourhood, offering 924 sqft of living space on a 2,437 sqft lot. Its standout feature is assessed value: at $272,000, it ranks #1 on Lock Street (top 3%) and #118 city-wide—significantly above the street average of $173,900. The property is a clear value outlier in its immediate context. The living area is above average for the street but below the city median, and the lot is on the smaller side, especially compared to city-wide norms.
The appeal lies in getting a newer, well-valued home in an older, established area. Most homes on Lock Street were built around 1956, so this property offers modern construction without the premium you'd pay in a newer subdivision. It suits buyers who prioritize a turnkey, low-maintenance home over a large yard, and who want strong assessed value relative to street-level peers—potentially indicating equity stability or future resale advantage. Less obvious: this home may appeal to someone who values being a “top performer” in a modest neighbourhood rather than an average home in a pricier area. It’s not for buyers seeking maximum square footage or a spacious lot.
1. The assessed value is high for the street, but below the city average. What does that mean?
It means the home is priced well above others on Lock Street, most of which are older and smaller. This suggests the property is a premium option in a lower-cost area. City-wide, however, it’s still affordable relative to the $390,100 average—so you’re getting a top-tier home in its immediate context without paying citywide prices.
2. Is a 2,437 sqft lot considered small?
For Winnipeg, yes. City-wide, the average lot is about 6,570 sqft. Even within Weston, lots average 3,269 sqft. This property has a compact yard, which is typical for newer infill homes in older neighbourhoods. Good for low-maintenance living, but not for gardening or large outdoor gatherings.
3. Why is the living area ranked high on the street but low city-wide?
The street average is 812 sqft, so 924 sqft is above the local norm. But city-wide, the average is 1,342 sqft—so compared to newer suburban homes, this is on the smaller side. It’s a well-sized home for its immediate area, but not spacious by broader standards.
4. How does being built in 2022 affect insurance and maintenance?
Newer construction often means lower insurance premiums and fewer immediate repair costs. Electrical, plumbing, roofing, and HVAC systems are all current. That said, being the newest home on the street can also mean higher property taxes relative to neighbours, since assessed value is based on current condition.
5. Is this a good investment property?
The strong assessed value ranking on the street (top 3%) suggests resale potential is solid relative to local comps. But the compact lot and smaller living area may limit appreciation compared to larger homes in growing areas. It’s a good candidate for stable, low-risk ownership or rental income in a well-established neighbourhood—not for rapid flip-style gains.
