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290 Lynbrook Drive

Varsity View

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Basic Info

Basement
Yes, renovated
Pool
Yes
Garage
Attached
Building Type
TWO STOREY
Land Area
8,070 sqft

Rank by area, larger = better rank

StreetTop 71% in same street
Top 29%25/85
NeighbourhoodTop 65% in neighbourhood
Top 35%295/848
WinnipegTop 89% in Winnipeg
Top 11%21463/194588
Year Built
198145 years ago

Rank by year, newer = better rank

StreetTop 79% in same street
Top 21%18/85
NeighbourhoodTop 66% in neighbourhood
Top 34%311/924
WinnipegTop 64% in Winnipeg
Top 36%80191/221429
Living Area
2,553 sqft
StreetTop 99% in same street
Top 1%1/85
NeighbourhoodTop 99% in neighbourhood
Top 1%12/924
WinnipegTop 98% in Winnipeg
Top 2%5048/221429
Assessed Value
700k
StreetTop 96% in same street
Top 4%3/85
NeighbourhoodTop 95% in neighbourhood
Top 5%47/924
WinnipegTop 97% in Winnipeg
Top 3%7718/221429

Summary

Property Summary: 290 Lynbrook Drive

Section 1: Overview & Appeal

This is a substantial, well-established family home in the sought-after Varsity View neighbourhood. Its key characteristics include a generous 2,553 sqft of living space, a fully finished basement, an in-ground pool, and a large 8,070 sqft lot. Built in 1981, the home presents a classic two-storey layout with an attached garage.

The appeal lies in its combination of space, prime location, and established property. It ranks exceptionally high against local comparisons, placing in the top 2% of Winnipeg for living area and the top 3% for assessed value. This indicates a property that is both larger and more valuable than the vast majority of homes in the city. Beyond the obvious perks of a pool and ample room, it offers the stability of a mature lot in a long-desirable academic community. It’s a home for buyers who prioritize interior and exterior space over a brand-new build, suited for a family looking for a long-term home with room to grow and entertain, and who value the character and treed landscapes of an older, established area.

Section 2: Key Considerations (FAQs)

1. What does the high ranking in "living area" actually mean?
The data shows this home's finished square footage is larger than 98% of all homes in Winnipeg, confirming it as a truly spacious property relative to the market, not just the neighbourhood.

2. The house was built in 1981. What should I be mindful of?
While the home ranks as newer than many in its immediate area, a 45-year-old property will have aging core components. A thorough inspection of the roof, windows, plumbing, electrical, and the pool's mechanical systems will be essential.

3. How significant is the lot size?
At over 8,000 sqft, the lot is a major asset, providing rare space for a pool, gardening, and private recreation. This much space is increasingly uncommon in mature neighbourhoods and is a key contributor to the property's high assessed value ranking.

4. Are there any apparent trade-offs for this space and location?
The home's age and the ongoing maintenance required for a large lot and a pool are the natural trade-offs. Buyers should budget for higher utility and upkeep costs compared to a newer, smaller property.

5. What is the neighbourhood character of Varsity View?
It's a quiet, established residential area known for its proximity to the University of Manitoba. The community tends to be stable, with a mix of families, academics, and long-term residents, offering a peaceful setting while remaining close to major amenities and routes.

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