259 Lynbrook Drive

Varsity View, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Smaller than most nearby homes

980 sqft (bottom 20%) · Built in 1970 (5 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

29% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

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

Property score

61.3 is composed by the two sections below.

Property Score

47.7Low
Living Area42
980 sqftLow
Year Built52
1970Fair
Lot Size67
5,381 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110348

Community deep dive

$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

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
980 sqft
0255075100
Same streetBottom 20%Same areaBottom 20%CitywideBottom 24%
Same street · Lynbrook Drive
#68 / 85
Bottom 20% · Avg 1,266 sqft
Same area · Varsity View
#679 / 848
Bottom 20% · Avg 1,387 sqft
Citywide · Winnipeg
#147,753 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
350k
0255075100
Same streetBottom 36%Same areaBottom 29%CitywideBottom 46%
Same street · Lynbrook Drive
#54 / 85
Bottom 36% · Avg 406.4k
Same area · Varsity View
#605 / 848
Bottom 29% · Avg 444.7k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetBottom 46%Same areaBottom 37%CitywideTop 48%

Lot Size

around average
5,381 sqft
0255075100
Same streetBottom 20%Same areaBottom 12%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

259 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 460 m), 1 shopping (nearest 413 m), 2 parks (nearest 177 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks2

Crime & Safety

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%

Sales History

259 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.

Related homes

Highlights & common questions: 259 Lynbrook Drive, Winnipeg

Property Summary: 259 Lynbrook Drive

Key Characteristics & Appeal

This is a well-maintained, single-storey home in Varsity View, built in 1970. Its primary appeal lies in its established, quiet neighbourhood and its practical, move-in-ready layout. The home features a finished basement, adding valuable living space to its 980 sqft main floor, and sits on a generous 5,381 sqft lot. A split garage provides convenient parking and storage.

The property’s competitive edge comes from its balance. While not the newest or largest on the block, it ranks solidly above average for value in Winnipeg overall, suggesting it is priced sensibly within the broader market. It represents a classic "good bones" home: unpretentious, spacious enough for a small family or couple, and offering the immediate usability of a finished lower level. This home would suit first-time buyers looking for a stable starter home without a major renovation project, or downsizers seeking single-level living with a manageable yard and extra basement space for hobbies or guests. Its appeal is grounded in functionality and location rather than luxury finishes, offering a straightforward path to homeownership in a desirable area.

Frequently Asked Questions

1. How does the finished basement add to the living space?
The finished basement effectively doubles the usable living area beyond the 980 sqft main floor. This space is ideal for a family room, home office, or additional bedrooms, providing significant flexibility without the need for immediate renovations.

2. What do the ranking percentages actually mean for a buyer?
They show the home’s position relative to others. For example, ranking "better than 54% of Winnipeg homes" for value means it sits in the more affordable half of the market, which can indicate a lower risk of overpaying in a broader context, even if it’s not the top value on its specific street.

3. Is the split garage a full double garage?
A split garage typically refers to a double-width garage with two separate doors, offering the full parking capacity of a double garage but with the convenience and potential aesthetic benefit of separate openings.

4. What are the implications of the home’s age (56 years)?
While the home is older, its above-average rankings for age in the neighbourhood suggest it is among the better-maintained homes of its era on the street. Buyers should still prioritize a thorough inspection focusing on major age-related systems like roof, plumbing, and electrical.

5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout without any update projects, or those needing extensive main-floor bedroom space. The rankings indicate there are larger and newer homes in the community, so buyers for whom square footage or a contemporary build are top priorities might continue their search.