Property score
62.1
Fair
Overall 62.1 · Smaller and older than most nearby homes
985 sqft (bottom 20%) · Built in 1952 (23 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
23 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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62.1 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
265 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 475 m), 1 shopping (nearest 430 m), 2 parks (nearest 166 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%
265 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 Overview: 265 Lynbrook Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, fully-finished one-storey home on an exceptionally large, mature lot in the established Varsity View neighborhood. Built in 1952, the house itself offers 985 sqft of living space with a developed basement. Its standout feature is the land: at over 10,700 sqft, the property size ranks in the top 5% of all homes in Winnipeg, offering rare potential for expansion, gardening, or outdoor living. The property includes a detached garage.
The primary appeal lies in a combination of location and land value. Varsity View is a central, desirable area, and this lot represents a significant canvas in a neighborhood where such large parcels are uncommon. While the home is older and modest in size relative to its lot, its fully-finished condition offers immediate livability. This property would best suit a buyer who values location and land over a modern or large interior. It’s ideal for someone looking for a solid starter home with incredible outdoor space, or for a long-term investor/owner who sees the underlying value in the lot itself for future renovation or redevelopment. A thoughtful perspective is that this isn't just buying a house; it's securing a proportion of land in a prime area that is increasingly scarce.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 5% in Winnipeg") actually mean?
The rankings compare this property against others in its immediate street, the wider Varsity View community, and all of Winnipeg. For example, its land size is larger than 95% of properties in the city, indicating it's a very large lot. Conversely, the home's age and size are more typical or below average for the area, highlighting the land as the key asset.
2. Is the house in need of major updates?
The listing confirms the basement is finished, suggesting some modernization has been done. However, as a home built in 1952, buyers should budget for potential updates to major systems (like plumbing, electrical, or the roof) and anticipate that the main floor layout and finishes may reflect its era.
3. How can a lot this large in Varsity View be utilized?
Beyond a spacious yard, the lot offers multiple possibilities: adding a significant addition, building a detached workshop or studio (subject to zoning), creating extensive garden beds, or simply enjoying unparalleled private green space for a central property. Its size is its most flexible feature.
4. Who is the typical buyer for this type of property?
Two main profiles emerge: first, a practical buyer seeking an entry point into a great neighborhood, willing to live with or gradually improve an older home to gain that large yard. Second, a strategic buyer or builder who recognizes the long-term redevelopment potential of the lot.
5. What are the considerations with a detached garage?
A detached garage offers flexibility and can reduce noise from vehicles. However, it means crossing outdoors to access your vehicle in winter. It may also present an opportunity for conversion to a creative space, but buyers should verify if it has power and is in sound condition.
