66.8
Good
Property score
66.8
Good
Overall 66.8
Compared with neighbourhood average
1,040 sqft (bottom 35%)
Built in 1985 (5 yrs older than avg)
Located in a high-income area
with median household income of ~97k
Transit 74.0
4-min walk to transit with 2 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Near average
5 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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66.8 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
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 5% | Bottom 2% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 167 Lynn Lake Drive
Key Characteristics & Appeal
This home at 167 Lynn Lake Drive in the Meadows neighbourhood is a practical property that stands out for its generous lot size and relative age within its immediate area. Built in 1985, it is newer than many homes on its street and across Winnipeg, potentially suggesting fewer major age-related concerns compared to older stock. The 5,746 sqft lot is notably larger than many in the Meadows and on Lynn Lake Drive itself, offering above-average outdoor space.
Its appeal is grounded in value and space. The living area (1,040 sqft) is modest and typical for the area, making it a manageable size. The assessed value is below average for the street and neighbourhood, which could indicate a more accessible entry point into the market. This combination—a newer-than-street-average home on a larger lot with a below-average assessment—presents a scenario where the land and the building's condition might offer more inherent value than the raw numbers suggest.
This property would likely suit first-time buyers or practical downsizers looking for a solid foundation in a stable neighbourhood. It’s for a buyer who values private outdoor space and may see potential in a home that isn’t the most expensive on the block, possibly viewing it as a comfortable long-term home or a candidate for gradual updates.
Frequently Asked Questions
1. What does the below-average assessed value actually mean?
It indicates the city's assessment for tax purposes is lower than many comparable homes nearby. This can sometimes mean lower property taxes, but it doesn't directly predict the final sale price, which is determined by the market.
2. Is the 1985 build date an advantage?
In this context, yes. Being built in 1985 makes it newer than most on its street and many city-wide. Homes from this era often incorporate modern wiring and insulation standards that are absent in much older homes, while typically having simpler layouts than newer builds.
3. How significant is the lot size?
At 5,746 sqft, the lot is a key feature. It's larger than about 75% of lots on Lynn Lake Drive. This provides more privacy, yard space, and potential for gardening, play, or expansion than is typical in the immediate area.
4. The home last sold between 2020-2025 for an estimated $200k-$250k. What does that tell us?
This recent sale history shows active market interest within the last few years. The price range from that period provides a benchmark, but current value will be influenced by market conditions, any updates made since, and the specific final sale price.
5. Are the living area and assessed value concerns?
Not necessarily. The living area is average for the locale, suitable for a smaller household. The assessed value being "below average" for the neighbourhood might reflect the home's specific condition or features at the time of assessment, not just square footage. It often represents a different value proposition than newly renovated or larger homes.
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