Property score
55.9
Fair
Overall 55.9 · Smaller and older than most nearby homes
1,057 sqft (bottom 27%) · Built in 1951 (24 yrs older 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: 2 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
24 yrs older 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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55.9 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: #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
289 Lynbrook Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 149 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 40% | Top 49% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 6% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1951-built, one-storey home in Varsity View sits on a generous 5,380 sqft lot and offers 1,057 sqft of living space with a finished basement. Its key appeal lies in a combination of established neighborhood character and tangible value. The home recently sold for $380,000 (January 2024), a significant increase from its 2019 sale price, indicating strong market interest and potential for appreciation.
The property suits first-time buyers or downsizers looking for a manageable, single-level layout in a mature area. Its above-average lot size for the neighborhood is a standout feature, offering rare potential for expansion, gardening, or outdoor living that is hard to find in newer subdivisions. While its rankings show it's not the largest or newest on the block, it presents a grounded opportunity: a home in a desirable location where value has been demonstrated through recent market activity, perfect for someone willing to live in and gradually update a solid, character-filled property.
Key Questions for Consideration
1. What does the "finished basement" entail?
Given the home's era and size, it's important to clarify the finish level, ceiling height, and whether it includes a proper secondary living space, additional bedroom, or just recreational areas.
2. How does the lot size and shape impact future plans?
The lot is larger than many in the area. Understanding its dimensions and any easements is crucial for anyone considering future additions, a garage upgrade, or landscaping projects.
3. What are the underlying reasons for the sharp value increase?
The jump from the 2019 sale price to the 2024 price is notable. While market-wide increases are a factor, inquiring about specific upgrades, systems replacements (roof, plumbing, electrical), or unique attributes that drove this appreciation is wise.
4. How does the "one storey" design affect living and utility costs?
Bungalows can offer excellent accessibility and layout flow but may have a different heating/cooling efficiency profile and roof maintenance cost compared to two-storey homes of similar square footage.
5. What is the feel of the street and immediate neighbors?
The property ranks in the middle of the pack for its street on several metrics. Visiting at different times can reveal the neighborhood's rhythm, parking availability, and whether the streetscape is consistent with well-maintained, long-term homes.
