Property score
72.7
Good
Overall 72.7 · Larger but older than most nearby homes
1,822 sqft (top 19%) · Built in 1961 (14 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Below average
14 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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72.7 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
308 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 220 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 23% | Top 41% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 308 Lynbrook Drive
Key Characteristics & Appeal
This is a well-established, spacious family home in the sought-after Varsity View neighborhood. Built in 1961, its primary appeal lies in its generous proportions and mature setting. With 1,822 sqft of living space on a large 8,693 sqft lot, it offers more room than the vast majority of homes in Winnipeg, ranking in the top 15% citywide for size. The home is a one-and-a-half storey with a finished basement and a detached garage.
Its strength is in its established footprint and location rather than newness. While the 1961 build date means it’s older than many area homes, the numbers tell a compelling story of space: it outperforms 91% of houses on its own street and 85% across Winnipeg for living area. The lot size is also a significant asset, providing ample outdoor space in a central community. The property suits buyers looking for character, space, and a long-term family home in a mature neighborhood, who are comfortable with a house of this vintage and may see potential in its solid foundation and generous lot. It’s ideal for those who prioritize interior and yard space over a brand-new build, and who value the established trees and quiet streets typical of Varsity View.
Frequently Asked Questions
1. What does the "one-and-a-half storey" design typically mean?
This style often features a main floor with primary living spaces and a second floor with sloped ceilings, creating cozy bedrooms or additional living areas. It’s a classic mid-century design that maximizes space within a charming architectural form.
2. The home was assessed higher than its 2023 sale price. What does this indicate?
The current assessment is $43.7K above the late-2023 sale price of $400K. This can reflect a strong, long-term value proposition in the eyes of the assessor, but it’s important to understand that market value is determined by current buyer demand. A recent sale provides a concrete, modern benchmark.
3. How significant is the lot size?
At nearly 8,700 sqft, the lot is a major feature. It ranks highly within the community, offering rare outdoor space for gardens, play, or expansion. This is a key differentiator from newer infill properties with smaller footprints.
4. The home ranks lower for "newness." Should I be concerned?
This ranking simply confirms the home’s age relative to others. For a 1961 home, its condition, updates, and maintenance history are far more important than the year itself. A thorough inspection is essential to understand the state of major systems like roof, wiring, and plumbing.
5. What is the neighborhood vibe of Varsity View?
Varsity View is a central, mature neighborhood known for its quiet, tree-lined streets and proximity to the University of Manitoba. It attracts a mix of academics, long-term residents, and families drawn to its stability and convenient location.
