Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Lynn Lake Drive): Below Average. Ranked #95 out of 100 (Bottom 5%). The street average for comparable homes is 1,060 sqft.
Neighborhood Level (Meadows): Below Average. Ranked #1,894 out of 1,959 (Bottom 3%). The neighborhood average for comparable homes is 1,286 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #188,696 out of 194,457 (Bottom 3%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Lynn Lake Drive): Below Average. Ranked #95 out of 100 (Bottom 5%). The street average for comparable homes is 390.7k.
Neighborhood Level (Meadows): Below Average. Ranked #1,801 out of 1,959 (Bottom 8%). The neighborhood average for comparable homes is 446.3k.
Citywide Level (Winnipeg): Below Average. Ranked #142,421 out of 194,455 (Bottom 27%). The citywide average for comparable homes is 435.4k.
Street Level (Lynn Lake Drive): Above Average. Ranked #14 out of 100 (Top 14%). The street average for comparable homes is 1984.
Neighborhood Level (Meadows): Below Average. Ranked #1,120 out of 1,959 (Bottom 43%). The neighborhood average for comparable homes is 1990.
Citywide Level (Winnipeg): Around Average. Ranked #55,766 out of 194,457 (Top 29%). The citywide average for comparable homes is 1966.
Street Level (Lynn Lake Drive): Below Average. Ranked #78 out of 100 (Bottom 22%). The street average for comparable homes is 5,416 sqft.
Neighborhood Level (Meadows): Below Average. Ranked #1,375 out of 1,959 (Bottom 30%). The neighborhood average for comparable homes is 5,372 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #123,084 out of 194,457 (Bottom 37%). The citywide average for comparable homes is 6,570 sqft.
Meadows market pulse
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.
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Who lives in this neighbourhood
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We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 191 Lynn Lake Drive. No advertising. Data source details →
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Is this home right for you?
Property Overview & Key Characteristics
This home at 191 Lynn Lake Drive is a compact, single-story property built in 1985, situated in the Meadows neighborhood of Winnipeg. Its primary appeal lies in its affordability and efficiency, presenting a clear value proposition within the city. With a living area of 680 sqft and an assessed value of $30,900, it stands as one of the most modestly sized and priced homes on its street and in the broader area. The lot size of 4,642 sqft is fairly typical for the neighborhood.
The property’s standout characteristic is its position as an accessible entry point into the housing market. It suits first-time buyers, investors looking for a rental property, or downsizers seeking a low-maintenance, cost-effective home without leaving the city. A thoughtful perspective is that its smaller footprint and below-average assessments could translate to relatively lower property taxes and utility costs, offering long-term budget relief. While it doesn't offer spaciousness, its age places it among the newer homes on its street, potentially implying updates over the years.
Frequently Asked Questions
1. Is this a good investment property?
Given its low assessed value and compact size, it could be a candidate for a rental investment, appealing to tenants seeking affordable accommodations. Its operating costs would likely be lower than for larger homes.
2. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes is often lower than market value. The last recorded sale was between $200k-$250k in 2016. A current market appraisal or comparative market analysis would be necessary to determine today's selling price.
3. What are the implications of the living area being "below average"?
The home is significantly smaller than most in Winnipeg (ranking in the bottom 3% city-wide for size). This means efficient use of space is essential, and it may not suit those needing multiple bedrooms or extensive living areas. Renovations to expand the footprint would be subject to lot coverage bylaws.
4. The data shows the home is newer than most on its street. What does that mean?
Built in 1985, it is newer than many neighboring homes. This can sometimes mean more modern construction materials and standards were used initially, though the specific condition and any updates in the last 41 years are more critical.
5. How can I find out the exact historical sale prices?
The provider notes that exact sold prices are verified manually from their data sources. You can submit your email address via the "Get exact sold price history" button on the listing page to receive that detailed information directly.