Property score
56.0
Fair
Overall 56.0 · Smaller than most nearby homes
947 sqft (bottom 16%) · Built in 1976 (1 yr 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
32% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer 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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56.0 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
325 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 208 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 43% | Bottom 41% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1976-built, single-story home in Varsity View offers a practical footprint on a generous 5,029 sqft lot. Its key appeal lies in its established, quiet neighbourhood and the value derived from its fully finished basement, which expands the usable living space beyond the 947 sqft main floor. The home lacks a garage and pool, positioning it as a straightforward, low-maintenance property.
It would suit first-time buyers seeking an entry point into a mature community, or downsizers looking for a manageable single-level layout without stairs. The large lot presents a clear opportunity for future expansion, gardening, or outdoor living, which is a less obvious but significant asset. Buyers should be prepared for the upkeep typical of a 50-year-old home, but can take confidence from its stable assessment value and recent sale history.
Frequently Asked Questions
1. How does the finished basement affect the living space?
The finished basement adds significant functional space to the home's 947 sqft main floor, providing extra rooms for recreation, office, or guests, which is a major advantage for the property's overall utility.
2. What do the ranking percentages next to the features mean?
These rankings compare this specific property against others on its street, in Varsity View, and across all of Winnipeg. For example, its lot size ranks in the top 4% within the community, which is a standout feature, while its living area is more modest in comparison.
3. Is the lack of a garage a significant drawback?
It depends on the buyer's needs. For some, it simplifies the property and reduces maintenance. The large lot does offer potential for adding a garage or sheltered parking in the future, which is a point to consider.
4. The home is 50 years old. What should I be mindful of?
While the basement is finished, a thorough inspection of foundational elements, roof, windows, and major mechanical systems (like plumbing and electrical) common to homes of this era is highly recommended to understand any upcoming maintenance.
5. How does the 2021 sale price compare to the current assessed value?
The home sold for $350,000 in late 2021, which is above its current municipal assessment of $338,000. This suggests the market recently valued it higher, but assessments can lag behind market trends and are used for tax purposes, not setting sale price.
