Property score
84.3
Excellent
Overall 84.3 · Larger than most nearby homes
1,792 sqft (top 21%) · Built in 1985 (10 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 60.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Near average
10 yrs newer 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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84.3 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
346 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 303 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%
346 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: 346 Lynbrook Drive
Key Characteristics & Appeal
This is a well-established, two-storey family home in the sought-after Varsity View neighborhood. Its primary appeal lies in a combination of generous space, a mature setting, and strong performance in key metrics compared to its peers. The nearly 9,250 sqft lot is notably large, placing it in the top 14% of properties on its street, offering ample outdoor space. The 1,792 sqft of living area is also above average for the area, ranking in the top 11% on the street.
The home, built in 1985, presents a solid, move-in-ready foundation with a finished basement and an attached garage. Its standout feature is its consistent ranking across multiple categories—lot size, living area, and assessed value—all placing it in the top 15-25% within its community and often the top 15% on its specific street. This suggests a property that holds intrinsic value and desirability within its immediate context. It would suit buyers looking for a spacious, traditional home in a mature neighborhood, who value a large yard and a property that stands out in terms of scale and assessment value among its direct neighbors.
A less obvious perspective is that while the home is 41 years old, its rankings show it competes favorably with newer builds in the city on size and value, indicating it was likely a premium offering when constructed. The high city-wide rankings (e.g., top 8% for lot size) hint that this property represents a type of substantial, ground-oriented living that is becoming rarer in newer developments.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in specific geographic areas. For example, being in the "top 11%" for living area on its street means 89% of houses on Lynbrook Drive are smaller. It's a quick way to see the home's relative strengths.
2. Is the 1985 build year a concern?
While the home is not new, its rankings indicate it remains competitive in size and value. A pre-purchase inspection would be essential to verify the condition of major systems (roof, HVAC, plumbing) common to homes of this era, but the data suggests the property has maintained its stature.
3. Who is the typical buyer in Varsity View?
The neighborhood attracts a mix of university affiliates, professionals, and families drawn to its central location, mature tree canopy, and proximity to amenities and schools. This particular home, with its large lot, would especially appeal to those prioritizing outdoor space.
4. How should I interpret the assessed value of $523,000?
This is the city's valuation for property tax purposes, not necessarily the market price. However, its high percentile rank (top 15% in Winnipeg) signals that the city assesses it as a higher-value property, which can be a useful benchmark.
5. What are the trade-offs with a large lot?
A lot of this size (over 9,000 sqft) offers fantastic space for gardening, play, or expansion. The trade-off is correspondingly higher maintenance for landscaping, snow clearing, and potentially higher property taxes relative to homes on smaller lots in the same area.
