Property score
72.4
Good
Overall 72.4 · Compared with neighbourhood average
1,142 sqft (bottom 37%) · Built in 1978 (3 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Near average
3 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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72.4 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
374 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 397 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 50% | Bottom 48% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 374 Lynbrook Drive, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Varsity View bungalow presents a practical and comfortable living opportunity. Built in 1978, its key features include a fully finished basement, an attached garage, and a generous 5,819 sqft lot, offering more outdoor space than many city properties. With 1,142 sqft of living space, it provides a manageable single-level layout.
The home’s primary appeal lies in its established, quiet neighbourhood and its strong positional value. It sits on a large lot in a mature area, offering potential for gardening, expansion, or simply more private outdoor living. Recent market activity, evidenced by a 2023 sale, suggests it's a actively traded property in its segment. The rankings provided indicate it generally performs better than average for Winnipeg in terms of lot size and age, but is more middle-of-the-pack within its immediate community for living space and value—a profile of a solid, no-frills home in a desirable location.
This property would suit first-time buyers seeking a manageable bungalow with a finished basement for extra space, or downsizers looking for a single-storey layout on a low-maintenance but spacious lot. It’s a home for those who value neighbourhood character and land size over a modern or expansive interior.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, established neighbourhood in Winnipeg, known for its quiet, tree-lined streets and proximity to academic institutions and amenities. It typically attracts a mix of long-term residents, families, and professionals.
2. What does the "ranking" data mean?
The rankings compare this home against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like lot size and age. For example, being newer than 61% of Winnipeg homes indicates it's not among the oldest stock. These are useful for quick, high-level comparisons.
3. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its configuration, permits, and compliance with local regulations if considering rental income.
4. Why did it sell recently in 2023?
The 2023 sale suggests a relatively quick turnover. This isn't inherently negative but is a point for discussion with your agent to understand the context—whether it was an investment flip, a lifestyle change, or another common reason.
5. What is the potential for future updates or expansion?
The large lot size is a significant asset, potentially allowing for future additions, a garage expansion, or landscaping projects, subject to city zoning and permit approvals. The home itself, from 1978, may benefit from modernized systems or cosmetics, which is typical for its age.
