293 Lynbrook Drive

Varsity View, Winnipeg

Property score

55.1

Fair

Overall 55.1 · Smaller and older than most nearby homes

1,004 sqft (bottom 22%) · Built in 1948 (27 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

28% smaller than neighborhood avg.

Year Built

Below average

27 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

55.1 is composed by the two sections below.

Property Score

49.3Low
Living Area1,004 sqft52Fair
Year Built194830Low
Lot Size5,379 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

63.9Fair
Household Income75Good
Education Level34Low
Housing Stress52Fair
Core Housing Need76Good
Employment Health68Good

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: #46110349

Community deep dive

$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

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

below average
1,004 sqft
0255075100
Same streetBottom 26%Same areaBottom 22%CitywideBottom 26%
Same street · Lynbrook Drive
#63 / 85
Bottom 26% · Avg 1,266 sqft
Same area · Varsity View
#661 / 848
Bottom 22% · Avg 1,387 sqft
Citywide · Winnipeg
#142,993 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

below average
298k
0255075100
Same streetBottom 9%Same areaBottom 12%CitywideBottom 29%
Same street · Lynbrook Drive
#77 / 85
Bottom 9% · Avg 406.4k
Same area · Varsity View
#750 / 848
Bottom 12% · Avg 444.7k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

below average
1948
0255075100
Same streetBottom 9%Same areaBottom 11%CitywideBottom 26%

Lot Size

around average
5,379 sqft
0255075100
Same streetBottom 11%Same areaBottom 8%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

293 Lynbrook Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 152 m).

Search radius
🌳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

293 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: 293 Lynbrook Drive, Winnipeg

Property Overview

This 1.5-storey home in Varsity View offers a classic Winnipeg living experience on a generous, mature lot. Its key appeal lies in its established neighbourhood setting and functional layout. The home features 1,004 sqft of living space, a fully finished basement, and a detached garage. Built in 1948, it presents a solid opportunity for buyers seeking a character home with room to personalize. The property sits on a large 5,379 sqft lot, providing excellent outdoor space—a notable asset in this central area.

Its profile is best suited for first-time buyers, practical downsizers, or investors looking for a well-located entry point. The value is grounded in the lot size and location more than the home's current finishes or modern features. A thoughtful perspective is recognizing the potential in the existing floor plan and basement finish, which offers immediate livability while allowing future updates to be phased in. It’s a home for someone who values space and location over turn-key perfection.

Key Questions for Consideration

1. What is the true value of the lot size?
At over 5,300 sqft, the lot is significantly larger than many in the city. This not only provides great private outdoor space but also represents long-term value and potential for additions or landscaping projects that smaller lots cannot accommodate.

2. How does the "fully finished" basement condition impact value?
While providing extra living space immediately, the style and age of the finish will be a key factor. Buyers should assess whether it meets their needs as-is or if they are budgeting for eventual updates to suit modern tastes and standards.

3. What does the home's age mean for maintenance?
A 78-year-old home has inherent character but also requires diligent upkeep. Prospective buyers should prioritize a thorough inspection focusing on the roof, foundation, plumbing, and electrical systems to understand the near-term capital requirements.

4. How should the market rankings be interpreted?
The rankings show the home is very competitive for lot size within its immediate area but is more average in terms of assessed value and living space city-wide. This suggests you are paying primarily for the location and land.

5. Is the detached garage a pro or a con?
This depends on lifestyle. It provides secure storage and workshop space but requires going outdoors in winter. For those who prioritize a heated, attached garage, this is a compromise; for others, the separation and extra space are beneficial.

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