Property score
66.1
Good
Overall 66.1 · Compared with neighbourhood average
1,040 sqft (bottom 35%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 83%Tagalog · 5%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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66.1 is composed by the two sections below.
Property Score
Community Score
Meadows
How to read: Share of sales in each ~$50k price band for “meadows” (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: #46110865
$97K
Median household income
$108K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
19%
Single-person households
33%
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
111 Lynn Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 447 m).
Meadows · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
78%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 26% | Bottom 19% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 111 Lynn Lake Drive presents as a quintessential, well-established property in the Meadows neighborhood. Built in 1984, its key characteristics—a 1,040 sqft living area on a 5,097 sqft lot—consistently rank around the average for its immediate street and local area. This underscores its role as a typical, no-surprises home in this community. Its appeal lies in this very consistency and stability; it’s a known quantity in a mature setting. The assessed value is notably below the area average, which could indicate a different valuation approach or present an opportunity.
The property would suit first-time buyers or practical downsizers looking for an affordable entry into a settled Winnipeg neighborhood without extreme outliers in size or value. It’s for those who prioritize community familiarity over standout features, and for buyers who see potential in a home that may be undervalued relative to its immediate neighbors.
Frequently Asked Questions
1. Why is the assessed value below the neighborhood average?
While the home's assessed value is around average city-wide, it ranks below the average for the Meadows area. This can sometimes reflect the specific methodology of property assessment, which considers many factors. It’s a point for discussion with a real estate professional to understand if it represents a potential value opportunity.
2. How does the age of the home affect its condition?
At 42 years old, this home is newer than the Winnipeg city average. While major components like the roof, windows, and HVAC system may have been updated, a pre-purchase inspection is essential to understand the condition and timing of any upcoming maintenance typical for a house of this era.
3. What does the "around average" size mean for living space?
With 1,040 sqft, the living area is very typical for Lynn Lake Drive. This generally indicates a manageable layout suitable for a small family or couple, but it may lack the expansive spaces found in newer subdivisions. The lot size is also consistent with the area, offering standard outdoor space.
4. Can I find out the exact historical sale price?
The listed sale price is a range based on public data. The exact sold price is available by request via email from the listing service, which they provide manually without using your contact information for marketing.
5. How does this home compare to others on the street?
The data shows this property is consistently mid-range on its own street for size, lot, value, and age. This suggests a uniform, established streetscape without extreme variations, which often contributes to neighborhood stability and predictable property values.
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