Property score
66.2
Good
Overall 66.2 · Smaller and older than most nearby homes
1,056 sqft (bottom 27%) · Built in 1960 (15 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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66.2 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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
218 Lynbrook Drive — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 336 m), 1 shopping (nearest 277 m), 3 parks (nearest 316 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
218 Lynbrook Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1960-built, one-storey home in Varsity View offers a practical and spacious family footprint on a large, 8,074 sqft lot. Its key appeal lies in the combination of a fully finished basement, a generous land parcel that is significantly larger than most in Winnipeg, and the established, quiet character of the neighbourhood. The home suits buyers looking for solid value—a move-in-ready bungalow with ample outdoor space for gardening, play, or future expansion, without the premium of a newer build. It’s particularly well-matched for first-time homeowners seeking room to grow, or downsizers who want single-level living but still value a sizable, private yard.
The property’s competitive standing is noteworthy: its lot size ranks in the top 11% city-wide, a rare find that offers long-term flexibility. While the home itself is modest in size and of an older vintage, its overall assessed value places it comfortably ahead of the Winnipeg median, suggesting a well-regarded location and property fundamentals. This isn’t a modern showcase, but a home with strong underlying assets where the land itself is a major contributor to its worth.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates that this 8,074 sqft lot is larger than 89% of all residential lots in Winnipeg, making it a standout feature. In this established area, such a large parcel is uncommon and provides exceptional outdoor space and potential.
2. Is the finished basement included in the 1,056 sqft living area?
Typically, the listed living area refers to above-grade square footage. The fully finished basement is an additional space, adding significant functional room to the home’s total usable area.
3. The home was built in 1960. What should I be aware of?
While the systems and structure have likely been updated over time, a home of this age warrants a thorough inspection. Pay special attention to the roof, plumbing, electrical, and foundation, which are common focal points for maintenance in older, well-kept properties.
4. How does the assessment value relate to the likely selling price?
The municipal assessment of $387,000 is for taxation purposes and is often based on historical market data. The final sale price will be determined by current market conditions, buyer demand, and the home’s specific appeal compared to recent neighbourhood sales.
5. Who maintains the large lot, and are there any restrictions?
The homeowner is responsible for maintaining the entire property. It’s advisable to check with the city for any specific bylaws regarding tree preservation, fence heights, or setback requirements, especially given the lot’s size, to understand the full scope of your ownership responsibilities and opportunities.
