Property score
65.4
Good
Overall 65.4 · Smaller than most nearby homes
953 sqft (bottom 18%) · Built in 1971 (4 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
31% smaller than neighborhood avg.
Year Built
Below average
4 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.4 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
354 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 333 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 13% | Bottom 12% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 354 Lynbrook Drive, Varsity View, Winnipeg
Section 1: Overview & Appeal
This well-situated 1971 bungalow in the established Varsity View neighborhood offers a practical, single-level living layout on a generous 6,458 sqft lot. Its key characteristics include 953 sqft of living space, a finished basement, and a detached garage. The home’s primary appeal lies in its location within a mature, central community, combined with the value represented by its lot size—a significant asset in the area. The data suggests it is a solid, no-frills property that ranks highly city-wide for lot size but is more modest in terms of interior square footage and recent sale price within its immediate vicinity.
This property would best suit first-time buyers or downsizers seeking an entry point into a desirable neighborhood, with the understanding that the home itself may require updates. It’s also a candidate for a long-term holder who values land over a large house, potentially seeing the lot as a future asset. A thoughtful perspective is that while the 2019 sale price was below many neighbors, the current assessed value indicates recognized potential, making it an interesting option for those who can see beyond surface-level comparisons.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 953 sqft, the living area is smaller than most homes in Varsity View, ranking in the lower quarter for the neighborhood. This emphasizes the property’s value as a land play or a cozy, efficient living space rather than a large family home.
2. What do the ranking percentages mean?
They show how this property compares to others in three geographic tiers. For example, its lot size ranks in the top 23% city-wide, which is exceptional, while its living area ranks in the top 76% (meaning only 24% of Winnipeg homes are smaller), highlighting a key trade-off.
3. The 2019 sale price seems low. Why is that?
The data shows that particular sale price ranked below 98% of other sales on Lynbrook Drive at the time. This could indicate a prior condition, a motivated seller, or a unique circumstance, and it’s a key point to investigate for understanding the property’s history.
4. Is the finished basement included in the 953 sqft?
No, the 953 sqft refers to the above-grade living area. The finished basement provides additional, separate space, which is a valuable feature given the modest main floor square footage.
5. Who might this property not suit?
It may not suit buyers who prioritize modern, move-in-ready interiors or require substantial indoor space for a growing family. Its appeal is more grounded in location, lot value, and the potential of a bungalow layout rather than immediate grandeur.
