Property score
47.0
Below average
Overall 47.0 · Smaller and older than most nearby homes
784 sqft (bottom 5%) · Built in 1954 (21 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
Below average
43% smaller than neighborhood avg.
Year Built
Below average
21 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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47.0 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
316 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 230 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 | Bottom 20% | Bottom 17% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 316 Lynbrook Drive
Key Characteristics, Appeal & Ideal Buyer
This 1954 bi-level home in Varsity View sits on a large, 7,444 sqft lot, offering a significant outdoor space that ranks in the top 14% for size across Winnipeg. Its key features include a finished basement and a split garage. The home’s primary appeal lies in its established, spacious setting within a mature neighbourhood. While the living area (784 sqft) is modest, the property’s value is anchored by its generous land parcel—a less obvious but substantial asset in an urban area. The 2019 sale price of $280,000, compared to a current assessed value of $357,000, suggests market movement, though this should be verified.
This property would suit a practical buyer who values land over a large interior footprint. It’s ideal for someone comfortable with a home from the 1950s, potentially looking for a long-term project, or who prioritizes private outdoor space for gardening, play, or future expansion. It may also appeal to an investor considering the lot’s redevelopment potential, given its high land-value ranking in the city.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, the broader Varsity View community, and all of Winnipeg. For example, its land size is in the top 14% city-wide, while its living area is smaller than most homes in Winnipeg.
2. Is the finished basement included in the 784 sqft living area?
Typically, the listed living area (784 sqft) refers to above-ground, finished space. The finished basement would be additional square footage, but its specific size and condition should be confirmed with a listing agent or inspection.
3. What are the implications of a 1954 build year?
While offering classic character and a mature lot, a home of this age will likely have older major systems (like plumbing, electrical, and roof). A thorough inspection is essential to understand any needed updates or maintenance.
4. How significant is the difference between the 2019 sale price and current assessment?
The assessment of $357,000 is for municipal tax purposes and is not a market valuation. The increase since 2019 reflects broader market trends and the assessed value, but the actual market price is determined by current buyer demand. Recent comparable sales in the area are the best guide.
5. What is a "split garage" and what are its benefits?
A split garage is typically a double-width garage divided by a wall into two separate single bays. This offers more flexibility than a single open space, allowing for separate workshop areas, better storage organization, or isolating a vehicle from yard equipment.
