Property Overview: 835 Lanark Street, Winnipeg
Key Characteristics & Appeal
This home at 835 Lanark Street in the Mathers neighbourhood presents a compelling blend of space, value, and established community. Its key appeal lies in its above-average living area of 1,551 sq ft, which places it in the top 20% of homes on its street and the top 12% within Mathers. Built in 1958, the property is notably newer than many in the immediate area, suggesting potentially fewer concerns with aging infrastructure compared to its peers. The assessed value of $54.80k ranks in the top 11% on Lanark Street, indicating strong municipal valuation relative to nearby properties.
The lot size of 5,501 sq ft is comfortably average for the area, offering typical outdoor space. This property would suit practical buyers looking for a home with more interior space than the neighbourhood average, without an excessively large yard to maintain. It’s ideal for someone who values a mature community with a mix of home ages and appreciates a home that stands out positively in key metrics like size, age, and assessed value compared to its direct neighbours. The recent sale history on the street provides tangible market context for value-conscious purchasers.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,551 sq ft, the living area is significantly above the average for both Lanark Street (~1,277 sq ft) and the wider Mathers neighbourhood (~1,216 sq ft), placing it in the top tier locally for interior space.
2. Is the 1958 build date considered old for this area?
No, quite the opposite. With an average build year of 1946 on its street, this 1958 home is newer than most surrounding properties, ranking in the top 11% for year built on Lanark.
3. What does the assessed value tell me?
The assessed value of $54.80k is a strong municipal valuation, ranking in the top 11% on its street and top 8% in Mathers. This often correlates with a home’s condition, improvements, and desirability relative to its peers, though market sale price can differ.
4. Can I find out the exact historical sale prices?
Exact sold prices are provided upon request via email. The public data shows a sale in the range of CA$350k–400k occurred for this property in 2016.
5. What are the comparable homes like?
The listing notes nearby properties with similar assessed values are located in various neighbourhoods, suggesting this home offers a specific value proposition within Mathers. On Lanark Street itself, you can directly compare it to immediate neighbours using the provided neighbourhood analysis map.