319 Lynbrook Drive

Varsity View, Winnipeg

Property score

59.6

Fair

Overall 59.6 · Smaller than most nearby homes

1,062 sqft (bottom 28%) · Built in 1978 (3 yrs newer 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

23% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer 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

59.6 is composed by the two sections below.

Property Score

56.7Fair
Living Area52
1,062 sqftFair
Year Built67
1978Good
Lot Size67
5,378 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health68
Good

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

around average
1,062 sqft
0255075100
Same streetBottom 39%Same areaBottom 28%CitywideBottom 35%
Same street · Lynbrook Drive
#52 / 85
Bottom 39% · Avg 1,266 sqft
Same area · Varsity View
#609 / 848
Bottom 28% · Avg 1,387 sqft
Citywide · Winnipeg
#126,770 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
366k
0255075100
Same streetBottom 40%Same areaBottom 33%CitywideTop 48%
Same street · Lynbrook Drive
#51 / 85
Bottom 40% · Avg 406.4k
Same area · Varsity View
#565 / 848
Bottom 33% · Avg 444.7k
Citywide · Winnipeg
#93,885 / 194,458
Top 48% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 26%Same areaTop 38%CitywideTop 35%

Lot Size

around average
5,378 sqft
0255075100
Same streetBottom 6%Same areaBottom 7%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

319 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 198 m).

Search radius
🌳Parks2
Worship1

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

319 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: 319 Lynbrook Drive, Winnipeg

Property Overview & Key Characteristics

This 1978-built, single-storey home in Varsity View offers a practical and low-maintenance living option on a generous 5,378 sqft lot. Its key appeal lies in its balance of established neighborhood character and functional space. The 1,062 sqft home features a finished basement, adding valuable living area. While it lacks a garage, the large lot presents clear potential for future additions like a garage, workshop, or expanded outdoor living space.

Its value is grounded in its location and lot size, rather than high-end finishes. The home ranks notably well for its lot size within the immediate area, suggesting a premium parcel of land. It would suit a first-time buyer looking for an entry point into a desirable neighborhood, a downsizer seeking single-level living without a condo fee, or a practical investor. A thoughtful perspective is recognizing the home as a "blank canvas" property—its value is substantially in the land and the solid foundation, ideal for someone planning gradual renovations or a future rebuild.

Frequently Asked Questions

1. What is the significance of the lot size rankings?
The property's lot size ranks in the top tier for both its street and neighborhood, meaning it is larger than over 90% of comparable lots nearby. This is a key asset, offering more privacy and space than typical for the area.

2. The home was built in 1978. What should I be aware of?
While the major systems may have been updated over the years, a buyer should budget for potential age-related maintenance. A thorough inspection is recommended to assess the condition of the roof, windows, plumbing, and electrical systems.

3. There's no garage. Can one be built?
The large lot size certainly allows for the potential addition of a garage or carport. Any buyer interested in this should verify setback requirements and other zoning bylaws with the city before proceeding.

4. How does the finished basement affect living space and value?
The finished basement effectively doubles the usable living area, providing crucial space for a family room, home office, or additional bedrooms. It adds significant functional value to the home's modest main-floor square footage.

5. The overall assessment value seems moderate for the area. Is this a concern?
Not necessarily. The assessment is for the total property (land + building). The rankings show it is priced above many homes in Winnipeg overall. The moderate assessment may reflect the home's older build year and simpler finishes, but it is balanced by the high-value, large lot it sits on.