378 Lynbrook Drive

Varsity View, Winnipeg

Property score

79.2

Good

Overall 79.2 · Compared with neighbourhood average

1,558 sqft (top 32%) · 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: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

12% larger 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

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

Property score

79.2 is composed by the two sections below.

Property Score

74.0Good
Living Area79
1,558 sqftGood
Year Built67
1978Good
Lot Size74
5,819 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110350

Community deep dive

$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

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,558 sqft
0255075100
Same streetTop 19%Same areaTop 32%CitywideTop 27%
Same street · Lynbrook Drive
#16 / 85
Top 19% · Avg 1,266 sqft
Same area · Varsity View
#275 / 848
Top 32% · Avg 1,387 sqft
Citywide · Winnipeg
#53,390 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
446k
0255075100
Same streetTop 25%Same areaTop 39%CitywideTop 29%
Same street · Lynbrook Drive
#21 / 85
Top 25% · Avg 406.4k
Same area · Varsity View
#327 / 848
Top 39% · Avg 444.7k
Citywide · Winnipeg
#56,541 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 26%Same areaTop 38%CitywideTop 35%

Lot Size

around average
5,819 sqft
0255075100
Same streetBottom 36%Same areaBottom 22%CitywideTop 36%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

378 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 492 m), 2 parks (nearest 410 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

378 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.

Related homes

Highlights & common questions: 378 Lynbrook Drive, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Varsity View offers a classic and practical layout on a large, mature lot. Built in 1978, its primary appeal lies in its established neighborhood setting and generous living space that ranks well above average for the area. The 1,558 sqft home features a finished basement and an attached garage, presenting a functional, move-in-ready canvas. Its strongest metrics are its above-average living area and lot size, offering more room than most comparable homes in Winnipeg. The property suits buyers looking for a solid, no-fuss family home in a quiet area, particularly those who value space over brand-new condition and appreciate the character and landscaping potential of a near-5,800 sqft lot. It’s a practical choice for someone ready to live comfortably now, with the understanding that a home of this age may require thoughtful updates over time.

Frequently Asked Questions

1. How does the age of the home affect its value?
While built in 1978, the home ranks as newer than 61% of Winnipeg houses, indicating it's in a cohort of well-established but not the oldest properties. Major systems like the roof, windows, or furnace may be at or beyond their typical lifespan, so a thorough inspection is advised to budget for potential updates.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, ranking "better than 81% of homes on its street for living area" means it's one of the larger homes on Lynbrook Drive, which is a significant advantage for space.

3. Is the finished basement included in the 1,558 sqft living area?
Typically, municipal living area (sqft) calculations in Winnipeg do not include below-grade space, even if finished. The 1,558 sqft likely refers to above-ground living space only, with the finished basement providing additional bonus rooms.

4. What is the neighborhood vibe of Varsity View?
As a mature neighborhood near the University of Manitoba, it typically offers a mix of long-term residents and academic families, with quiet, tree-lined streets and a stable community feel.

5. Why is the lot size a notable feature?
At 5,819 sqft, the lot is substantially larger than many in newer subdivisions. This provides excellent outdoor space for gardening, play, or entertaining, and offers future potential for additions or landscaping projects that smaller lots cannot accommodate.