Property score
72.5
Good
Overall 72.5 · Compared with neighbourhood average
1,148 sqft (bottom 37%) · Built in 1983 (8 yrs newer 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
17% smaller than neighborhood avg.
Year Built
Near average
8 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
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
72.5 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
358 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 346 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%
358 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: 358 Lynbrook Drive, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a classic, single-storey home built in 1983, situated on a spacious 5,000+ sqft lot in the established Varsity View neighbourhood. Its key characteristics include 1,148 sqft of living space, an unfinished basement offering potential for customization, and an attached garage. The appeal lies in its solid foundation within a mature, sought-after community near the University of Manitoba. It presents a clear opportunity for buyers seeking a home with a sizable yard and the ability to add value over time, whether by finishing the basement or updating the interiors to their own taste.
The home’s competitive rankings reveal a nuanced position: while its lot size is among the largest on the street, the house itself is of average size and age for the area. This suggests a property where the land is a significant asset. It would suit a practical buyer—perhaps a young family, an investor, or a downsizer—who values location and lot size over turn-key perfection and is ready to tailor a space to their needs. The price point, aligned with an assessed value just below the Winnipeg median, indicates an entry point into a desirable neighbourhood for those willing to take on a property with future potential.
Frequently Asked Questions
1. What is the true potential of the unfinished basement?
The basement provides a blank canvas to add significant living space, such as a family room, home office, or additional bedrooms. Buyers should budget for and plan the necessary insulation, moisture-proofing, and finishing work to suit their needs.
2. How does the age of the home (1983) affect maintenance?
While the home is well-established, a property of this age will likely require proactive upkeep and modernization of key systems, such as roofing, windows, and the furnace. A thorough inspection is highly recommended to prioritize any immediate repairs.
3. What are the benefits and considerations of the large lot?
The over 5,000 sqft lot is a major asset, offering ample space for gardening, play, or expansion. However, it also implies responsibility for more landscaping and yard maintenance compared to properties on smaller lots.
4. Is this a good option for an investment property?
Given its location in Varsity View near the university, there is perennial rental demand. The unfinished basement, once legally finished, could significantly increase rental income. Investors should calculate renovation costs against potential rental yields.
5. How do the provided "rankings" work?
These rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for metrics like size and age. For example, ranking "better than 47% of Winnipeg homes" for living area means it's squarely in the middle of the market, not unusually large or small for the city.
