Property score
81.3
Excellent
Overall 81.3 · Larger than most nearby homes
1,600 sqft (top 29%) · 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: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Above average
15% 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)
281
492k
$398/sqft
1975
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
Free · No credit card required
81.3 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110350
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
402 Lynbrook Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 447 m), 2 parks (nearest 495 m).
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%
402 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 402 Lynbrook Drive
Section 1: Key Characteristics & Appeal
This well-situated Varsity View home is a classic 4-level split built in 1978, offering 1,600 sqft of living space on a generous 6,348 sqft lot. Its key appeal lies in a combination of established community charm and strong relative value. The home ranks notably above average for its size both locally and city-wide, offering more interior space than over 75% of Winnipeg homes. The large lot provides ample outdoor potential.
Its appeal is grounded for buyers seeking a solid, spacious property in a mature neighbourhood without the premium of a brand-new build. It would particularly suit a handy buyer or someone planning gradual updates, as the basement is present but unfinished—offering a blank canvas for future expansion. The split-level design provides clear zoning for living and sleeping areas, ideal for families. A thoughtful perspective is that while the home is nearly 50 years old, its construction year is newer than most in its immediate area, suggesting it may have benefited from slightly more modern building practices for its time. This isn't a flashy property, but one that offers foundational strengths: space, lot size, and a location that outperforms many peers in key metrics.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, ranking "above 75% of Winnipeg homes" for living area means it is more spacious than the vast majority of city properties, a key advantage.
2. Is an unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it means you can customize the space to your exact needs (e.g., a recreation room, home office, or suite) without paying a premium for a previous owner's choices. It also allows for updating electrical and insulation to current standards.
3. Who might the "split-level" design suit best?
This layout is excellent for separating living zones. The short flight of stairs between levels naturally divides social and private spaces, which can be great for families or those who entertain, offering both togetherness and privacy.
4. How significant is the lot size?
At over 6,300 sqft, the lot is a major asset. It provides significant outdoor space for gardening, play, or expansion, which is increasingly valuable and harder to find in established neighbourhoods.
5. The home is 48 years old. What should I consider?
While the structure has proven its durability, a focused inspection on major age-related components is essential. This includes the roof, windows, plumbing, and electrical systems. The good relative ranking for its "newness" in the area suggests it may have some advantages over even older homes nearby.
