Property score
64.2
Fair
Overall 64.2 · Smaller and older than most nearby homes
1,032 sqft (bottom 24%) · Built in 1964 (11 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
11 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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64.2 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
246 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 390 m), 1 shopping (nearest 344 m), 2 parks (nearest 247 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 23% | Top 41% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1964-built, single-story home in Varsity View offers a practical and well-located living option. Its key appeal lies in a combination of a generous, mature lot, a fully finished basement adding valuable living space, and a location within a long-established, quiet neighbourhood. The home’s recent sale price suggests it was viewed as a solid opportunity in the market.
The property would suit first-time buyers seeking a manageable, ground-level layout, or downsizers looking for a low-maintenance bungalow style without a sprawling yard. Investors may also see value in a classic home in a stable, high-demand academic area near the University of Manitoba. A thoughtful perspective is that while the home ranks average to below average in size and age within its immediate area, it outperforms a significant portion of the wider Winnipeg market in its recent sale price, indicating its specific street and neighbourhood context carries substantial weight.
Key Details & FAQs
Key Characteristics:
FAQs:
1. What is the neighbourhood like?
Varsity View is a mature, quiet community known for its proximity to the University of Manitoba. It typically appeals to academics, students, and families seeking a stable, established setting.
2. How does the recent sale price compare to the assessed value?
The home sold for $400,000 in November 2024, which is notably higher than its $336,000 assessed value. This indicates strong buyer demand for properties in this location and configuration at that time.
3. Is the house outdated due to its age?
Built in 1964, the home is older than many in Winnipeg. However, the fully finished basement adds modern living space. Buyers should budget for updates consistent with a home of this vintage.
4. What are the rankings shown, and what do they mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for metrics like lot size and age. For example, its lot size is in the top 25% on its street but its living area is smaller than about two-thirds of Winnipeg homes.
5. What are the obvious pros and cons?
The main advantages are the large lot, single-level living potential, finished basement, and location in a desirable neighbourhood. Considerations include the home's age, the absence of a garage, and living space that is below average for the city.
