385 Lynbrook Drive

Varsity View, Winnipeg

Property score

75.8

Good

Overall 75.8 · Compared with neighbourhood average

1,296 sqft (top 47%) · Built in 1978 (3 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

7% 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

75.8 is composed by the two sections below.

Property Score

68.3Good
Living Area1,296 sqft66Good
Year Built197867Good
Lot Size7,319 sqft88Excellent
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
1,296 sqft
0255075100
Same streetTop 35%Same areaTop 47%CitywideTop 42%
Same street · Lynbrook Drive
#30 / 85
Top 35% · Avg 1,266 sqft
Same area · Varsity View
#400 / 848
Top 47% · Avg 1,387 sqft
Citywide · Winnipeg
#81,402 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
436k
0255075100
Same streetTop 27%Same areaTop 41%CitywideTop 31%
Same street · Lynbrook Drive
#23 / 85
Top 27% · Avg 406.4k
Same area · Varsity View
#348 / 848
Top 41% · Avg 444.7k
Citywide · Winnipeg
#60,018 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

above average
7,319 sqft
0255075100
Same streetTop 40%Same areaTop 46%CitywideTop 15%

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

385 Lynbrook Drive — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 415 m).

Search radius
🌳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

385 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: 385 Lynbrook Drive, Winnipeg

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.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.