Property score
42.5
Below average
Overall 42.5 · Smaller and older than most nearby homes
607 sqft (bottom 1%) · Built in 1952 (23 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
56% smaller than neighborhood avg.
Year Built
Below average
23 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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42.5 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
307 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 171 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%
307 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: 307 Lynbrook Drive, Varsity View, Winnipeg
Section 1: Overview & Appeal
This is a classic, well-situated 1952 one-storey bungalow on a generous 5,379 sqft lot in the established Varsity View neighbourhood. Its key characteristics include a fully finished basement and a modest 607 sqft of main-floor living space. The home lacks a garage or pool, presenting a straightforward, low-maintenance footprint.
The primary appeal lies in its location and land value. The lot size is notably larger than most in the area, offering potential for expansion, gardening, or outdoor living. Its position in Varsity View provides proximity to the University of Manitoba, major routes, and amenities. The fully finished basement effectively doubles the usable living area, a significant advantage not reflected in the main floor square footage alone.
This property would best suit a first-time buyer, an investor, or a downsizer looking for an entry point into a desirable neighbourhood without a premium price. It’s a practical choice for someone comfortable with a smaller main-floor layout who values a large yard and sees potential in the existing structure or the land itself. It’s less suited for those requiring immediate move-in luxury or ample built-in storage.
Section 2: Frequently Asked Questions
1. Is the 607 sqft living area accurate for the whole house?
Yes, that figure refers to the main floor only. The home also has a fully finished basement, which adds substantial additional living space not included in that official square footage.
2. What is the condition of a home built in 1952?
While the listing doesn’t specify, a home of this age will likely have original or older components like windows, plumbing, and electrical systems. A thorough inspection is essential to understand the condition and any needed updates.
3. What does the lot size ranking mean?
The data shows this property’s lot is larger than 89% of others on its street and 92% in Varsity View. This is a standout feature, indicating one of the more spacious yards in the immediate area.
4. There’s no garage. Is street parking readily available?
The listing notes no garage. Buyers should visit the street at different times to assess typical parking availability, as this can vary in mature neighbourhoods.
5. How should I interpret the assessment value versus the asking price?
The municipal assessment is for taxation purposes and is often lower than market value. The asking price will be influenced by current market conditions, the home’s updated features (like the finished basement), and the desirable lot size.
