238 Lynn Lake Drive

Meadows, Winnipeg

Property score

77.3

Good

Overall 77.3 · Larger than most nearby homes

1,606 sqft (top 24%) · 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 · Within 500m: 1 park nearby

Living Area

Above average

25% 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

77.3 is composed by the two sections below.

Property Score

77.1Good
Living Area1,606 sqft83Excellent
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

Elite
1,606 sqft
0255075100
Same streetTop 4%Same areaTop 24%CitywideTop 25%
Same street · Lynn Lake Drive
#4 / 100
Top 4% · Avg 1,060 sqft
Same area · Meadows
#469 / 1,959
Top 24% · Avg 1,286 sqft
Citywide · Winnipeg
#48,763 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

Elite
413k
0255075100
Same streetTop 3%Same areaTop 43%CitywideTop 35%
Same street · Lynn Lake Drive
#3 / 100
Top 3% · Avg 358.6k
Same area · Meadows
#834 / 1,959
Top 43% · Avg 409.1k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · 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

238 Lynn Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 399 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 12/2022CA$350k–400k
Sold price

Same street

Top 11%

Same area

Top 36%

City-wide

Top 35%

Related homes

Highlights & common questions: 238 Lynn Lake Drive, Winnipeg

Property Overview: 238 Lynn Lake Drive, Meadows, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 238 Lynn Lake Drive presents a compelling case based on its standout interior space and established neighbourhood character. Built in 1985, the property’s primary advantage is its generous 1,606 sqft of living area, which ranks in the top 4% on its own street and well above average for both the Meadows area and the wider city. This suggests a home that offers more room than most in its immediate vicinity, likely appealing to those seeking space without moving to a newer, more sprawling suburb.

The appeal lies in this combination of above-average size on a standard city lot (5,398 sqft), within a mature community. It suits buyers who prioritize interior square footage over a massive yard, and who value an established neighbourhood where homes are of a similar vintage. The assessed value is notably high for the street but aligns with the area average, indicating the property is recognized for its substantial offering within the local market. It’s a practical choice for growing families or those who work from home and need extra rooms, all while being part of a long-standing community fabric.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others nearby?
The living area is a key feature. At 1,606 sqft, it is significantly larger than the average home on Lynn Lake Drive (~1,060 sqft) and in the broader Meadows area (~1,286 sqft).

2. What does the assessed value indicate?
The assessed value of $41,300 is among the highest on its street, reflecting its larger size. It is consistent with the average for the Meadows area, suggesting it is fairly valued within the local context rather than being an outlier.

3. Is the neighbourhood older, and what does that mean?
The home was built in 1985, which is typical for the street and area. This generally means established landscaping, mature trees, and known community dynamics. Buyers should factor in the potential for age-related maintenance, common for homes of this era.

4. How does the lot size compare?
The lot of 5,398 sqft is very typical for the street and the Meadows area, offering a standard urban yard. It is slightly smaller than the city-wide average lot, which is common for established neighbourhoods.

5. What is known about recent sales activity?
The property sold between $350k-$400k in 2022. This sale price ranked in the top 11% for the street at the time, underscoring the premium that its living space commands locally. Exact sale prices require a direct request to the listing service.

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