385 Lynbrook Drive

Property Overview

This 1978-built bungalow in Varsity View offers a classic and practical living arrangement on a generous 7,319 sqft lot. Its key characteristics include a fully finished basement, a split garage, and 1,296 sqft of living space. The home’s appeal lies in its established, quiet neighbourhood and its strong relative standing in the wider market. The data indicates it outperforms a significant majority of Winnipeg homes in terms of lot size, assessed value, and building age for its street, suggesting a well-positioned and mature property.

It would particularly suit buyers looking for a solid, no-fuss single-level floorplan with room to grow, either in the finished basement or on the sizable lot. It’s a fit for those who value space and location over newness, and who appreciate a home that holds its own in statistical comparisons for value and land size within the city.

Frequently Asked Questions

How does the “ranking” data work?
The percentages show how this property compares to others. For example, “in Winnipeg超越85%的其它房屋” means its lot size is larger than 85% of all Winnipeg homes, indicating a well-above-average parcel of land.

What does the split garage mean?
A split garage typically refers to a two-car garage with two separate doors, as opposed to one single wide door. This can offer a cleaner exterior look and more flexible use of the space.

Is a 48-year-old home a concern?
While it necessitates attention to aging components like the roof, windows, and major systems, the home’s age is reflected in its established neighbourhood and mature lot. Its rankings show it is newer than many area homes, suggesting it may have been a later addition to the street.

The lot is large, but how is the house size?
At 1,296 sqft, the living space is modest relative to the lot. This presents a classic bungalow trade-off: ample outdoor space and potential for expansion, versus a main-floor footprint that may feel cozy for some. The finished basement effectively adds usable space.

What is the significance of the assessed value ranking?
An assessed value that ranks higher than 72% of Winnipeg homes suggests the municipal assessment views this property favorably compared to the market, often reflecting its desirable lot size and location. It’s a baseline for understanding its municipal tax valuation, not necessarily its market sale price.