Property score
67.8
Good
Overall 67.8 · Older than most nearby homes
1,154 sqft (bottom 38%) · Built in 1954 (21 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
21 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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67.8 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
243 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 427 m), 1 shopping (nearest 374 m), 2 parks (nearest 214 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 | Top 37% | Top 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1954 one-storey home in Varsity View offers a classic, low-maintenance living arrangement on a generous 7,211 sqft lot. Its key appeal lies in a combination of established neighborhood character and practical, updated features. The home includes a finished basement, adding valuable living space to its 1,154 sqft main floor footprint. While it lacks a garage, the large lot presents clear potential for adding one or for expansive gardening and outdoor living.
Its strongest selling points are its location and land. The property ranks highly within Winnipeg overall, particularly for its above-average lot size. It suits first-time buyers looking for a solid entry into a desirable, central neighborhood, or downsizers seeking a manageable single-level layout without sacrificing outdoor space. A thoughtful perspective for buyers is to see the 72-year-old home as a well-located "blank canvas"—the recent sale history suggests it's been maintained, but the era and lot size equally suggest potential for personalization or future expansion, making it a pragmatic long-term investment in a sought-after area.
Frequently Asked Questions
1. How does the finished basement affect the living space?
It adds functional square footage beyond the main floor, likely providing space for additional bedrooms, a family room, or a dedicated utility area, which is a significant asset in a home of this vintage.
2. What does the lack of a garage mean for this property?
While off-street parking may be via a driveway, the absence of a garage is offset by the very large lot. This presents an opportunity—the space and value exist here to potentially add a garage or workshop in the future, which many smaller lots in the area cannot accommodate.
3. The home was built in 1954. What should I be aware of?
While systems may have been updated, a home of this age warrants a thorough inspection focusing on the foundation, plumbing, electrical wiring, and insulation standards to understand any needed maintenance or modernization.
4. The 2022 sale price was higher than the current assessed value. Why?
Assessed value is for municipal tax purposes and can lag behind the market. The 2022 sale price is a concrete data point showing what a buyer recently paid, likely reflecting strong demand for homes in Varsity View, and may be a more current indicator of its market value.
5. The rankings show it's "newer" than only 29% of Winnipeg homes. Is that a concern?
This highlights the home's classic, established nature rather than being a modern build. For the right buyer, this represents character and a proven, stable structure in a mature neighborhood with large lots—a trade-off that many find appealing for the location and potential.
