382 Lynbrook Drive

Varsity View, Winnipeg

Property score

72.4

Good

Overall 72.4 · Compared with neighbourhood average

1,120 sqft (bottom 34%) · 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

Below average

19% 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

72.4 is composed by the two sections below.

Property Score

62.6Fair
Living Area1,120 sqft60Fair
Year Built197867Good
Lot Size5,657 sqft74Good
Neighbourhood Sales Activity42Low

Community Score

87.1Excellent
Household Income87Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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

around average
1,120 sqft
0255075100
Same streetBottom 40%Same areaBottom 34%CitywideBottom 42%
Same street · Lynbrook Drive
#51 / 85
Bottom 40% · Avg 1,266 sqft
Same area · Varsity View
#557 / 848
Bottom 34% · Avg 1,387 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetBottom 19%Same areaBottom 17%CitywideBottom 36%
Same street · Lynbrook Drive
#69 / 85
Bottom 19% · Avg 406.4k
Same area · Varsity View
#702 / 848
Bottom 17% · Avg 444.7k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

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

Lot Size

around average
5,657 sqft
0255075100
Same streetBottom 29%Same areaBottom 19%CitywideTop 39%

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

382 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 484 m), 2 parks (nearest 423 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

382 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: 382 Lynbrook Drive, Winnipeg

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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