Property score
71.9
Good
Overall 71.9 · Compared with neighbourhood average
1,187 sqft (bottom 42%) · Built in 1978 (3 yrs newer 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
Near average
14% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer 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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71.9 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
228 Lynbrook Drive — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 346 m), 1 shopping (nearest 290 m), 3 parks (nearest 299 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%
228 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 Summary: 228 Lynbrook Drive
Section 1: Key Characteristics & Appeal
This well-situated Varsity View bungalow offers a classic and practical living arrangement on a generous, mature lot. Its key features include a fully finished basement, a split garage, and a functional 1,187 sqft main-floor layout typical of its 1978 construction. The property's primary appeal lies in its established, quiet neighbourhood and its impressive lot size of over 8,000 sqft, which is notably larger than most in Winnipeg and ranks within the top 11% city-wide. This provides significant outdoor space and potential.
The home is ideally suited for first-time buyers or downsizers seeking a manageable single-story layout in a prime location, or for value-focused buyers who see potential in the land and the solid foundation of a maintained, older home. A less obvious perspective is its strong "blank canvas" appeal; while updated, the property represents an opportunity to incrementally modernize a home in a highly desirable area where land is at a premium, often a more attainable entry point than a fully renovated property in the same locale.
Section 2: Frequently Asked Questions
1. What is the true advantage of such a large lot?
Beyond simple outdoor space, a lot of this size (ranking top 11% in Winnipeg) offers long-term flexibility. It provides room for expansions like a sunroom or large deck, gardening potential, and a greater sense of privacy—a rare commodity in city living that is increasingly valued.
2. How should I interpret the provided rankings?
The rankings compare this property directly to others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than 89% of Winnipeg homes is a significant advantage for a 48-year-old house, indicating it's in a neighbourhood developed later than many. The land size ranking is particularly standout.
3. What does the "finished basement" entail?
The listing confirms the basement is finished, adding valuable living space. Prospective buyers should inquire about the specifics: the quality of the finish, ceiling height, moisture control, and whether it includes a separate entrance or legal suite potential, which would further enhance value.
4. Is the price listed the asking price?
No. The figure shown ($389,000) is the municipal property assessment, used for calculating taxes. The actual listing price would be set by the seller and their agent, and can be higher or lower than this assessed value based on current market conditions.
5. What are the considerations with a 1978-built home?
Homes from this era may have original components, like windows, roofing, or major systems (furnace, electrical), that are nearing the end of their service life. A thorough inspection is crucial to understand the home's mechanical condition and to budget for any foreseeable updates, balancing the purchase price with potential future investments.
