Property score
75.2
Good
Overall 75.2 · Compared with neighbourhood average
1,271 sqft (top 49%) · Built in 1979 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
4 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
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75.2 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
406 Lynbrook Drive — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 441 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%
406 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 & Key Characteristics
This 1979-built, single-storey home in Varsity View sits on a large, 6,359 sqft lot. Its key appeal lies in a combination of space, location, and value. The 1,271 sqft living area includes a finished basement, offering flexible space for a growing family, a home office, or recreation. While it lacks a garage, the substantial lot presents significant potential for gardening, play, or future additions like a detached garage or deck.
Its strength is in its balanced positioning. It doesn't lead in every category but performs consistently well across important metrics like lot size, age, and assessed value compared to Winnipeg overall. It particularly stands out for its lot size, which is larger than 75% of properties in the city, offering a suburban feel within a mature, established neighbourhood. This home would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing outdoor space, as well as value-oriented buyers who see potential in the existing structure and the blank canvas of the large lot.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, established community near the University of Manitoba. It offers a quiet, residential feel with the convenience of nearby academic institutions, amenities, and green spaces.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should consult with the city and a professional to verify permissible uses and any requirements for creating a suite.
3. What are the implications of not having a garage?
The lack of a garage means vehicles will be parked on the driveway or street. However, the large lot size provides a clear opportunity to build a detached garage or carport, subject to local zoning and permit approvals.
4. How should I interpret the property rankings?
The rankings show how this home compares to others in its immediate street, wider community, and all of Winnipeg. For example, being newer than 75% of Winnipeg homes indicates it's relatively modern in the city's context, while its lot size is a standout feature.
5. The house is 47 years old. What should I budget for updates?
As a home from the late 1970s, key systems like the roof, windows, plumbing, and electrical may be near or past their typical service life. A thorough inspection is essential, and budgeting for modernizations or preventative replacements would be prudent.
