45.2
Below average
Property score
45.2
Below average
Overall 45.2
Newer than most nearby homes
768 sqft (bottom 31%)
Built in 1958 (21 yrs newer than avg)
Located in a above-average income area
with median household income of ~76.5k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Above average
21 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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45.2 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
343 Lock Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 176 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 50% | Top 37% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 768 sq. ft. home built in 1958 on a 3,333 sq. ft. lot in Winnipeg's Weston neighbourhood. Its main appeal is the land. The lot is noticeably larger than average for Lock Street (ranked in the top 25%), and slightly bigger than the neighbourhood average. The house itself is older than many nearby, built in a year that ranks in the top 13% of the neighbourhood and top 25% on the street—meaning it’s one of the earlier builds in the area. The living area is average for the street and neighbourhood, but well below the citywide average for comparable homes.
The assessed value of $177,000 sits close to the street and neighbourhood averages, but is far below the citywide average of $390,100. This suggests the property is priced in line with its immediate surroundings, not the broader market. The home is most suited to buyers who prioritize lot size over interior square footage—someone looking to renovate, add on, or simply have more outdoor space in an established, older neighbourhood. It may also appeal to those who want a relatively affordable entry point in Winnipeg without being in a high-demand, higher-priced area. The Weston neighbourhood is not currently a top-ranked area citywide, so this property would suit a buyer comfortable with a modest, well-located fixer-upper or a long-term hold.
1. How does the lot size compare to other homes in the area?
The lot is larger than most on Lock Street, ranking in the top 25%. It’s slightly above the neighbourhood average of 3,269 sq. ft., but well below the citywide average for comparable homes. For someone who values yard space, this is a strong point.
2. Is the assessed value a good indicator of market price?
Assessed value is a useful benchmark, but not a direct market price. Here, the assessment ($177k) is in line with both the street and neighbourhood averages. It’s significantly below the citywide average, partly because the home is smaller and older than many citywide comparables. A buyer should still look at recent sale data in Weston for a realistic market range.
3. How old is the house, and what does that mean for maintenance?
Built in 1958, it’s older than most homes on Lock Street and in Weston. That means it may have original systems (plumbing, electrical, foundation) that could need updating. On the positive side, older homes in this price range often have solid bones and less expensive property taxes relative to newer builds.
4. What’s the neighbourhood like?
Weston is a mature, working-class neighbourhood with a mix of post-war bungalows and newer infills. It’s not a trendy or high-appreciation area citywide, but it has established amenities and is relatively close to downtown. The property ranks near the middle of the neighbourhood for value and land size, which suggests stability rather than rapid growth.
5. Would this property work for an investor or a first-time buyer?
It could suit both, but for different reasons. A first-time buyer might find it affordable with good outdoor space, though they should budget for potential updates. An investor might see value in the lot size for future development or a renovation flip, but should note that the neighbourhood’s ceiling for resale prices is modest compared to higher-ranked parts of the city.
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