Property score
55.4
Fair
Overall 55.4 · Smaller and older than most nearby homes
794 sqft (bottom 5%) · Built in 1934 (41 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 70.0 · 8-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
41 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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55.4 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: #46110350
$105K
Median household income
$129K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
34%
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
338 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 284 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%
338 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 338 Lynbrook Drive
Key Characteristics & Appeal
This is a well-situated, one-storey character home in the established Varsity View neighbourhood. Its primary appeal lies in its exceptionally large, 10,836 sqft lot, which places it in the top 5% of properties in Winnipeg for land size. This offers rare potential for expansion, gardening, or outdoor living within the city. The home itself is modest in size at 794 sqft and is from 1934, presenting a classic footprint with a finished basement and a combination attached/detached garage.
The property suits two main types of buyers: those seeking a solid investment in a prime location with significant land value, willing to update or eventually rebuild to their own taste; and those looking for a manageable, ground-level home with a huge private yard in a central, mature community. Its high land rankings contrast with its lower rankings for building age and size, highlighting a trade-off: you are purchasing a premier lot with a home that may require modernization. This isn't a move-in-ready showcase, but a property with foundational strengths where the true value is in the land and the long-term possibilities it affords.
Frequently Asked Questions
1. What does the "combination attached/detached garage" mean?
This typically indicates a garage structure that is connected to the house (attached) but may also have a separate, standalone bay or workshop space (detached). It offers flexible storage or workspace options.
2. The home is noted as being from 1934. What should I consider?
While offering charm and a proven build quality, a home of this age will likely have older mechanical systems (like plumbing and wiring), windows, and insulation. A thorough inspection is essential to understand the condition and plan for any necessary updates or maintenance.
3. The lot is huge, but the house is relatively small. Can it be expanded?
The lot size certainly allows for potential additions or a significant renovation. Any expansion would require checking with the City of Winnipeg for zoning bylaws, setback requirements, and obtaining the proper permits.
4. How meaningful are the provided rankings?
They are useful for quick, at-a-glance comparisons. This property ranks very high for land size but lower for the building's age and living area. This clearly signals that the land is the dominant asset here compared to the current structure.
5. What is the neighbourhood like?
Varsity View is a central, mature neighbourhood near the University of Manitoba. It offers a quiet, tree-lined setting with strong community roots, while being close to academic institutions, parks, and major routes. It's popular with academics, families, and long-term residents.
