Property score
75.6
Good
Overall 75.6 · Newer than most nearby homes
1,294 sqft (top 47%) · Built in 1994 (19 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
Near average
7% smaller than neighborhood avg.
Year Built
Above average
19 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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75.6 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
349 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 280 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 | Top 20% | Top 37% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1994-built bi-level home at 349 Lynbrook Drive offers a practical and well-situated family living option in Winnipeg's Varsity View neighbourhood. Its key appeal lies in a combination of a generous, mature lot (over 5,400 sqft), a fully finished basement adding valuable living space, and a location that ranks highly for newer construction within its immediate area. The home presents a grounded opportunity: it's not the largest in terms of living area, but it sits on a lot larger than most in the neighbourhood and is notably newer than over 80% of surrounding homes.
The property would suit first-time buyers or growing families looking for a move-in-ready home with established landscaping and room to grow outdoors. It also appeals to value-conscious buyers who prioritize a home's relative newness and lot size over having the most square footage. The strong rankings for assessed value suggest it is perceived as a solid asset within its market tier.
Frequently Asked Questions
1. What does the "bi-level" design mean for daily living?
A bi-level typically features a short flight of stairs to the main living area (kitchen, living room, dining) and another short flight down to the basement level. This creates distinct separation between living and sleeping areas, which can be great for noise buffering, but means navigating stairs more frequently than in a bungalow.
2. The home is newer than most in the area. What are the pros and cons of a 1994 build?
Pros include modern wiring, likely more efficient windows and insulation than much older homes, and less chance of major age-related repairs in the near term. A potential con is that design trends and materials from the 90s may feel dated and could be due for cosmetic updates.
3. The lot is large, but how is the backyard oriented and what's the privacy like?
The street view (accessible via the provided link) is essential to check. A large lot is a major asset, but its usability depends on sun exposure, tree coverage, and the proximity of neighbouring homes. The mature neighbourhood suggests established trees, which can offer good privacy.
4. The assessment value is notably higher than the 2020 sale price. What does this indicate?
This primarily reflects significant market-wide appreciation over the past four years. The assessment is an estimate of market value for tax purposes. It suggests the property has gained substantial equity on paper, but the current sale price will be determined by today's market conditions.
5. Are there any concerns with a fully finished basement in a home of this age?
It's a valuable feature that adds liveable space. Key checks would be for proper moisture control, adequate ceiling height, and the quality of the finishing work. Ensure any additions like bathrooms or bedrooms are properly permitted.
