322 Lynbrook Drive

Varsity View, Winnipeg

Property score

70.9

Good

Overall 70.9 · Compared with neighbourhood average

1,404 sqft (top 41%) · Built in 1984 (9 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

Near average

1% larger than neighborhood avg.

Year Built

Near average

9 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

70.9 is composed by the two sections below.

Property Score

75.6Good
Living Area75
1,404 sqftGood
Year Built73
1984Good
Lot Size93
8,068 sqftExcellent
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

above average
1,404 sqft
0255075100
Same streetTop 29%Same areaTop 41%CitywideTop 35%
Same street · Lynbrook Drive
#25 / 85
Top 29% · Avg 1,266 sqft
Same area · Varsity View
#344 / 848
Top 41% · Avg 1,387 sqft
Citywide · Winnipeg
#68,732 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
498k
0255075100
Same streetTop 18%Same areaTop 31%CitywideTop 20%
Same street · Lynbrook Drive
#15 / 85
Top 18% · Avg 406.4k
Same area · Varsity View
#266 / 848
Top 31% · Avg 444.7k
Citywide · Winnipeg
#39,021 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 16%Same areaTop 35%CitywideTop 30%

Lot Size

above average
8,068 sqft
0255075100
Same streetTop 32%Same areaTop 36%CitywideTop 11%

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

322 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 242 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

322 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: 322 Lynbrook Drive, Winnipeg

Property Summary: 322 Lynbrook Drive

Key Characteristics & Appeal

This 1984 bi-level home in Varsity View sits on a large, 8,068 sqft lot, offering more outdoor space than most properties in Winnipeg. With 1,404 sqft of living space and a finished basement, it provides practical, multi-level living. Its standout appeal lies in its strong relative value across key metrics: it ranks within the top third of the city for lot size, assessed value, and overall living area, suggesting a solid, above-average offering for its price point. The home’s age (42 years) means buyers should be prepared for potential updates, but it also ranks as newer than most houses on its street.

The property would suit practical buyers looking for established neighborhood character, space to grow, and a home that outperforms many of its peers in fundamental categories. It’s particularly well-suited for those who prioritize land size and see value in a home that already ranks highly in municipal assessment—a sign of established worth. The finished basement and attached garage add functional, everyday appeal for families or those needing flexible space.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Varsity View, and across all of Winnipeg for specific traits. For example, being in the "top 11%" for lot size in Winnipeg means the property is larger than 89% of homes in the city, a significant advantage.

2. Is a 42-year-old bi-level a concern?
While the home is well-maintained and ranks as newer than many on its street, its age implies that major systems (like roof, windows, furnace) may be due for inspection or replacement. This is typical for the era and can be factored into planning and offer price.

3. Who might this property not suit?
Buyers seeking a modern, open-concept layout or a move-in-ready home requiring no updates may find the bi-level style and 1980s build less appealing. It’s best for those comfortable with some potential renovation projects over time.

4. The assessed value is high relative to the area. Is that good?
A high assessment ranking (top 18% in Winnipeg) generally indicates the municipality views the property as materially more valuable than average, often due to its large lot and size. This can be a positive signal for underlying value, but the market sale price is determined by current buyer demand.

5. What’s the less obvious benefit of these rankings?
The consistent top-tier rankings across multiple categories—especially lot size, value, and living space—suggest this isn’t a home with one standout feature and several compromises. It indicates a balanced, competitive property in its market segment, which can provide stability in both livability and long-term value.