Property score
54.3
Fair
Overall 54.3 · Smaller and older than most nearby homes
887 sqft (bottom 12%) · Built in 1940 (35 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
35 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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54.3 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
221 Lynbrook Drive — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 389 m), 1 shopping (nearest 328 m), 3 parks (nearest 276 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 17% | Bottom 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 221 Lynbrook Drive
Key Characteristics & Appeal
This is a classic 1940s one-storey home in Varsity View, sitting on a generous 5,382 sqft lot. Its core appeal lies in its established neighbourhood setting and the significant potential offered by its large, undeveloped basement and sizable yard. With 887 sqft of living space and a detached garage, it presents a straightforward, manageable footprint.
The property is best suited for a specific type of buyer: those with a vision for customization or who value lot size over a move-in-ready finish. It’s a prime candidate for a renovator, an investor looking to add value, or a buyer planning a future addition, given the room to expand. The home’s rankings are telling—it scores highly for its lot size within the community but is notably older and more compact than many area homes. This contrast highlights its role as a land-value proposition in a desirable location, rather than a showcase of modern finishes. The 2022 sale price suggests recent buyer interest in its underlying potential.
Frequently Asked Questions
1. What is the true condition of the unfinished basement?
While described as "unfinished," prospective buyers should plan for a professional inspection to assess its current state, ceiling height, moisture control, and the scope of work needed to make it a livable space, as this will be a major factor in planning and budget.
2. How does the 2022 sale price relate to the current assessed value?
The property sold for $280,000 in May 2022, which is significantly above its current $249,000 assessed value. This discrepancy is common and reflects market conditions at the time of sale versus the municipality's assessment for tax purposes, which often lags. It’s important to research current comparable sales in the area.
3. What are the implications of the home's age (built in 1940)?
At over 80 years old, the major systems (plumbing, electrical, roof, foundation) may be original or dated. A thorough inspection is crucial to understand the condition and anticipate potential near-term updates, which could be seen as a cost or an opportunity to modernize to one's own standards.
4. Is the large lot size a benefit for future expansion?
Absolutely. The lot is larger than 75% of others on the street, providing valuable outdoor space and a key asset for potential future expansions, like an addition, a large deck, or a garden. Buyers should verify zoning bylaws with the city to understand what is permissible.
5. The home ranks low for size but high for lot size. What does this mean?
This statistical contrast perfectly encapsulates the property’s profile. You are purchasing a home that is smaller than most in Winnipeg, but you are gaining a land parcel that is larger than most in its immediate community. The value is weighted toward the property's location and land, not its current interior square footage.
