218 Lynn Lake Drive

Meadows, Winnipeg

Property score

74.4

Good

Overall 74.4 · Compared with neighbourhood average

1,490 sqft (top 32%) · Built in 1985 (5 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

16% larger 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)

Sold Count

637

Median price

475.6k

$/sqft

$441/sqft

Avg build year

1990

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Property score

74.4 is composed by the two sections below.

Property Score

72.3Good
Living Area1,490 sqft75Good
Year Built198573Good
Lot Size5,398 sqft67Good
Neighbourhood Sales Activity53Fair

Community Score

77.6Good
Household Income83Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health90Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110865

Community deep dive

$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

Population, labour & age

Population (2021)557
Labour force participation rate74%
Median age41.2
Avg household size2.7
Unemployment rate2%
Population density3713 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children33%
Median household income (2020)$97K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority13%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,490 sqft
0255075100
Same streetTop 11%Same areaTop 32%CitywideTop 31%
Same street · Lynn Lake Drive
#11 / 100
Top 11% · Avg 1,060 sqft
Same area · Meadows
#623 / 1,959
Top 32% · Avg 1,286 sqft
Citywide · Winnipeg
#60,549 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
393k
0255075100
Same streetTop 21%Same areaTop 50%CitywideTop 40%
Same street · Lynn Lake Drive
#21 / 100
Top 21% · Avg 358.6k
Same area · Meadows
#982 / 1,959
Top 50% · Avg 409.1k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetTop 14%Same areaBottom 43%CitywideTop 29%

Lot Size

around average
5,398 sqft
0255075100
Same streetTop 47%Same areaTop 41%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

218 Lynn Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 437 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 7/2019CA$350k–400k
Sold price

Same street

Top 32%

Same area

Bottom 48%

City-wide

Top 45%
Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 37%

Same area

Bottom 27%

City-wide

Bottom 38%

Related homes

Highlights & common questions: 218 Lynn Lake Drive, Winnipeg

Property Overview: 218 Lynn Lake Drive

Key Characteristics & Appeal

This home at 218 Lynn Lake Drive presents a compelling opportunity in Winnipeg's Meadows neighborhood. Built in 1985, its primary strength is its generous living space. At 1,490 square feet, it offers significantly more room than most homes on its own street and is comfortably above average for the wider area. This makes it a standout for buyers seeking space without moving to a newer, often more distant suburb.

The appeal lies in its established, balanced profile. The lot size is typical for the community, providing a manageable yard. Its assessed value sits in the middle range locally, suggesting a fair market position. The home’s age places it among the newer properties on its street and citywide, which can imply more modern construction standards than much older homes, though updates may be needed. This property would suit practical buyers—growing families, space-seeking downsizers, or first-time buyers looking for a home with room to grow—who value square footage and an established neighborhood over a brand-new build. It’s a home that offers more interior space than its immediate peers, representing a smart value for the right buyer.

Frequently Asked Questions

1. How does the home's size compare to others nearby?
This is one of the larger homes on Lynn Lake Drive. At 1,490 sq ft, it ranks in the top 11% for living area on its own street, where the average is about 1,060 sq ft.

2. What is the property's assessed value and what does it indicate?
The assessed value is $39,300. This is above average for its street but right around the median for the broader Meadows area, indicating a fairly valued property in line with community norms.

3. When was the home built, and is that considered old for the area?
The home was built in 1985. It is actually newer than many homes on its street and is above the citywide average for age, placing it in a relatively newer segment of Winnipeg's housing stock.

4. What were the previous sale prices?
Public records indicate it sold in the range of $350k-$400k in 2019 and $250k-$300k in 2017. For the exact sold price, you can request details via email from the listing service.

5. Is the lot size typical?
Yes. The lot of 5,398 sq ft is very close to the average for both Lynn Lake Drive and the Meadows neighborhood, offering a standard yard size for the community.

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