68.7
Good
Property score
68.7
Good
Overall 68.7
Compared with neighbourhood average
1,040 sqft (bottom 35%)
Built in 1986 (4 yrs older than avg)
Located in a high-income area
with median household income of ~97k
Transit 64.0
5-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
4 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
68.7 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 21% | Bottom 13% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 207 Lynn Lake Drive, Meadows, Winnipeg
Key Characteristics & Appeal
This home at 207 Lynn Lake Drive presents a compelling blend of space and value within the Meadows neighborhood. Built in 1986, it is notably newer than most homes on its own street. The property’s standout feature is its generous 7,200 sqft lot, which ranks within the top 5% on Lynn Lake Drive and the top 9% in the broader Meadows area, offering significant outdoor potential. With 1,040 sqft of living space, the home is comfortably sized and aligns with the averages for its immediate vicinity.
The appeal here is grounded in value and potential. The home’s assessed value is below the area average for Meadows, which may indicate an opportunity for buyers comfortable with a property that might benefit from updates. It suits first-time buyers or practical investors looking for a home with a sizable yard in an established neighborhood, where the land itself is a prime asset. A thoughtful perspective is that while the interior space is average, the superior lot size offers room for expansion, gardening, or outdoor living—a growing priority for many.
Frequently Asked Questions
1. How does the home’s assessed value relate to its likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessed value is below the Meadows area average, but market price will be determined by current condition, market trends, and buyer demand.
2. What does it mean that the home is “newer” than others on the street?
Built in 1986, this home is among the most recently constructed on Lynn Lake Drive. This can sometimes mean newer building materials, floorplans, or systems compared to neighboring houses, but a specific inspection is needed to confirm the state of major components like the roof, windows, and furnace.
3. Are there known recent sold prices for this specific home?
Public records indicate the home sold between CA$250k–300k in 2019. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.
4. With a larger-than-average lot, are there any restrictions on what I can build?
While the lot size offers great potential, any new structures, additions, or pools would require permits and must comply with Winnipeg’s zoning bylaws. It’s advisable to consult the City of Winnipeg’s planning department for specific regulations.
5. The living area is noted as “around average.” Is the layout efficient for a family?
At 1,040 sqft, the home provides standard space for a smaller family or couple. The actual flow and room sizes are not detailed in the metrics; viewing the property in person or examining a floor plan is essential to determine if the layout meets your needs.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
