Property score
57.9
Fair
Overall 57.9 · Smaller and older than most nearby homes
966 sqft (bottom 19%) · Built in 1944 (31 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Below average
31 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
57.9 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
255 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 450 m), 1 shopping (nearest 402 m), 2 parks (nearest 186 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 7% | Bottom 7% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1944-built, one-storey home in Varsity View offers a classic bungalow layout on a spacious 5,381 sqft lot. Its key characteristics include 966 sqft of living space, a finished basement, and a split garage. The home's appeal is rooted in its established neighbourhood setting and larger-than-average lot, providing room and potential in a central location. It suits practical buyers looking for a solid starter home or a long-term property with space to personalize. Its rankings suggest it's a competitively priced option within the wider Winnipeg market, though it is an older home among newer builds in its immediate area. A thoughtful perspective is recognizing the value in the lot size and location, which can outweigh the home's vintage, for a buyer willing to invest in updates over time.
Frequently Asked Questions
1. How does the age of the home (1944) impact ownership?
While offering character and a solid lot, an 82-year-old home will likely have older major systems (like plumbing and electrical) and require diligent maintenance or planned updates, which should be factored into the budget.
2. What do the ranking percentages actually mean?
They show how this property compares to others in specific categories. For example, being newer than only 5% of homes in the community highlights its vintage, while its lot size ranking higher than 88% in the community is a significant strength.
3. Is the finished basement included in the 966 sqft living area?
Typically, the listed living area refers to above-ground, heated space. The finished basement is an additional area, adding functional space like a rec room or extra bedrooms not reflected in the main square footage figure.
4. The 2016 sale price was $244,000, but the current assessed value is $321,000. What does this indicate?
This shows market appreciation over eight years, but it's important to note that municipal assessed value is for tax purposes and can differ from current market value. A professional appraisal or comparative market analysis would provide a more accurate listing price.
5. Who would this property NOT be suitable for?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those who prioritize being in a newer subdivision with uniformly recent builds. The rankings indicate it's among the older and smaller homes within its own sought-after neighbourhood.
