Property score
61.3
Fair
Overall 61.3 · Smaller but newer than most nearby homes
1,005 sqft (bottom 22%) · Built in 1994 (19 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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61.3 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: #46110349
$77K
Median household income
$79K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
41%
Single-person households
19%
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
284 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 480 m), 1 shopping (nearest 447 m), 2 parks (nearest 201 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%
284 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 Summary: 284 Lynbrook Drive
Key Characteristics & Appeal
This is a well-situated, single-storey home in Varsity View, built in 1994. Its primary appeal lies in its balance of space, location, and value. The property sits on a generous 5,380 sqft lot, offering ample outdoor space that is increasingly rare in mature neighbourhoods. The home itself is practical, with 1,005 sqft of living space and a finished basement, providing good functional layout for its size.
Its strongest suit is its relative newness for the area; it is newer than 95% of homes on its street and 81% in the wider community, suggesting fewer immediate concerns about aging major systems compared to much older stock. The appeal is grounded, not in luxury features (there is no garage or pool), but in solid fundamentals: a large yard, a modern-enough build, and a quiet, established neighbourhood close to university amenities. It would suit first-time buyers, downsizers looking for single-level living without a condo fee, or value-focused investors seeking a property with strong redevelopment potential given the lot size. A thoughtful perspective is that while the interior space is average for the market, the land component is a significant asset, offering future flexibility whether for gardening, expansion, or long-term land value.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value of $381,000 is higher than about 45% of properties on its street and in Varsity View, positioning it in the middle of the pack. This suggests it is reasonably aligned with area norms, neither the most nor least expensive.
2. What are the main advantages of the lot size?
At 5,380 sqft, the lot is larger than average. This provides excellent private outdoor space, better potential for landscaping or gardening, and could be a key factor for future renovation or redevelopment possibilities, which are limited on smaller parcels.
3. Is the home’s 1994 build date an advantage?
Yes, in this context. Being newer than most homes in the immediate area is a practical advantage. It typically means construction methods and materials are more modern, and major components like roofing, windows, and electrical may have more usable life remaining than in a 50 or 70-year-old home.
4. Who might find the lack of a garage a drawback?
Buyers who require secure vehicle storage or significant workshop/personal storage space may see this as a limitation. However, for those who primarily use on-street parking or are comfortable with a driveway, it is a trade-off that helps keep the property price accessible.
5. How does the living space size affect livability?
At 1,005 sqft (plus a finished basement), the home is functionally sized for a small family, a couple, or an individual. It ranks as having more space than only about 30% of Winnipeg homes, so buyers seeking very spacious interiors may need to consider renovations or additions. The finished basement effectively doubles the usable living area, which is a crucial mitigating factor.
