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382 Lynbrook Drive

Varsity View

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Basic Info

Basement
Yes, not renovated
Pool
No
Garage
None
Building Type
ONE STOREY
Land Area
5,657 sqft

Rank by area, larger = better rank

StreetTop 29% in same street
Top 71%60/85
NeighbourhoodTop 19% in neighbourhood
Top 81%684/848
WinnipegTop 61% in Winnipeg
Top 39%76828/194588
Year Built
197848 years ago

Rank by year, newer = better rank

StreetTop 74% in same street
Top 26%22/85
NeighbourhoodTop 65% in neighbourhood
Top 35%326/924
WinnipegTop 61% in Winnipeg
Top 39%86101/221429
Living Area
1,120 sqft
StreetTop 40% in same street
Top 60%51/85
NeighbourhoodTop 40% in neighbourhood
Top 60%557/924
WinnipegTop 45% in Winnipeg
Top 55%122075/221429
Assessed Value
32.20k
StreetTop 19% in same street
Top 81%69/85
NeighbourhoodTop 24% in neighbourhood
Top 76%702/924
WinnipegTop 41% in Winnipeg
Top 59%130544/221429

Summary

Property Overview & Appeal

This 1978-built, one-storey home in Varsity View offers a practical, no-frills living proposition. Its key characteristics are straightforward: a 1,120 sqft living area on a generous 5,657 sqft lot, featuring an unfinished basement and no garage. The appeal lies in its simplicity and potential. The large lot is a significant asset, providing ample outdoor space and future expansion possibilities that are rare in mature neighbourhoods. As a home that ranks average-to-above-average in size and age for its immediate area, it represents a solid, unvarnished entry point into a well-established community.

This property would suit first-time buyers or practical-minded investors looking for a lower-maintenance, single-level layout with room to grow. It’s ideal for someone who values land size over a finished product and sees potential in personalizing a space over time. A less obvious perspective is its appeal to those seeking a "blank canvas" in a neighbourhood of often more updated homes, allowing for renovations that precisely match the owner's taste without paying a premium for someone else’s finishes.

Frequently Asked Questions

1. What does the unfinished basement offer?
It provides significant storage space and the opportunity to add finished living area, a second bathroom, or a utility room in the future, subject to permits and budget.

2. How is the property ranked against others?
The rankings show it is newer than most homes on its street and in Winnipeg overall, but its assessed value is on the lower end for its immediate neighbourhood, suggesting it may be priced for its basic condition.

3. What are the implications of having no garage?
Parking will be limited to the driveway and street. This can be a consideration for vehicle storage, security, and winter conditions, though the large lot may allow for adding a garage later.

4. Is the lot size a major advantage?
Yes. At over 5,600 sqft, the lot is larger than many in mature areas, offering superior outdoor space for gardening, play, or entertaining, and is the home's most notable feature for future value.

5. Who might this home not suit?
Buyers seeking a move-in-ready, fully updated property with modern amenities like a garage or finished basement may find this home requires too much immediate work or investment.

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