75.9
Good
Property score
75.9
Good
Overall 75.9
Larger than most nearby homes
1,569 sqft (top 27%)
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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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
88 Lynn Lake Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 409 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 | Top 42% | Bottom 40% | Bottom 48% |
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 88 Lynn Lake Drive in the Meadows neighborhood presents a compelling value proposition centered on space and established community. Its primary appeal lies in its above-average living area of 1,569 sq ft, which ranks in the top 9% for its immediate street and the top 27% for both the neighborhood and the wider city. This means you get significantly more interior space than many comparable homes. Built in 1985, it is also notably newer than many homes on its street and across Winnipeg.
The lot size of 5,400 sq ft is consistent with the local area, offering standard outdoor space. The assessed value is typical for the vicinity, suggesting the property is priced in line with its immediate market rather than carrying a premium for its larger footprint. A less obvious perspective is that this combination—generous interior space on a standard lot in a mature neighborhood—often appeals to those who prioritize room to grow or live comfortably indoors over extensive yard maintenance, without the premium of a brand-new build.
This property would suit practical buyers looking for a value-oriented, move-in-ready home with ample room for a family. It’s ideal for someone who wants more square footage for their budget in a settled area, and who appreciates a home that has stood the test of time in a community of similar vintage.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
The living space is a standout feature. It is larger than approximately 91% of similar homes on Lynn Lake Drive and about 73% of homes in both the Meadows area and the entire city, offering more interior room than most.
2. What does the assessed value tell me about the property?
The assessed value is around the local average, indicating the property is not overvalued relative to its immediate peers. This can sometimes present an opportunity, as the above-average living space isn’t dramatically inflating its official valuation compared to neighbors.
3. Is a 1985-built home considered old?
In context, no. On its street, it ranks in the top 14%, meaning it is newer than 86% of nearby homes. City-wide, it’s also above average in age ranking. This suggests a well-established home in a mature neighborhood, not an outdated property.
4. What was the last sale price?
Public records indicate it last sold between 2019 for a price in the range of CA$300,000–350,000. For the exact historical sale price, you can request details via email from the listing service.
5. What are the less obvious trade-offs of this property?
The home offers more interior space on a lot that is standard for the area. The trade-off is typically less potential for expansive outdoor additions compared to homes on larger lots, but it also means less yard upkeep. Its "around average" valuation in the area suggests you're paying for space and practicality rather than premium lot size or a brand-new construction status.
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