Property score
75.9
Good
Overall 75.9 · Larger than most nearby homes
1,575 sqft (top 26%) · Built in 1985 (5 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
22% 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)
637
475.6k
$441/sqft
1990
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75.9 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
254 Lynn Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 378 m).
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 47% | Bottom 36% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 254 Lynn Lake Drive in the Meadows neighborhood presents a compelling mix of space, established character, and relative value. Built in 1985, its key appeal lies in its generous living area. At 1,575 square feet, it offers significantly more interior space than most homes on its own street and in the immediate area, placing it in the top tier for size locally. The lot size is consistent with neighborhood norms, providing a standard suburban yard.
The home’s assessed value is positioned as above average for its street but more moderate when compared to the wider city, suggesting a value proposition for the amount of space offered. A less obvious perspective is that a home from this era in a mature neighborhood often comes with established landscaping and settled infrastructure, potentially reducing surprise costs compared to newer developments that may have upfront fees for finishing yards or addressing initial settling issues. This property would suit buyers looking for a spacious family home in a settled community without a premium price tag, particularly those who prioritize interior square footage over a brand-new build or an exceptionally large lot.
Frequently Asked Questions
1. How does the home’s size truly compare to the area?
The living area is a standout feature. It ranks in the top 5% on its own street and the top 26% in the Meadows, meaning it offers more interior space than the vast majority of comparable nearby homes.
2. What does the assessed value tell us about the property?
The assessment suggests the home holds above-average value for Lynn Lake Drive but is around the middle of the pack for the broader city. This can indicate a solid, mid-range property that isn’t overvalued relative to its wider market, though market sale price can differ.
3. The home was built in 1985. What should I consider?
A home of this age is likely to have seen updates. Prospective buyers should pay close attention to the condition and replacement age of major systems like the roof, windows, furnace, and electrical, as these are typical maintenance points for houses nearing the 40-year mark.
4. Are there recent sales records for this home?
Public data indicates the home sold between 2023 and 2025 for an estimated range of $300,000–$350,000. For the exact sale price, you can request the information directly via the provided email service on the listing page.
5. How does the lot size compare?
At just under 5,400 square feet, the land area is very typical for both the street and the Meadows neighborhood. It provides a standard suburban yard but is not an unusually large or small lot for the area.
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