414 Lynbrook Drive

Varsity View, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Larger than most nearby homes

2,299 sqft (top 5%) · Built in 1978 (3 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 dining spot, 1 school, and 1 place of worship nearby

Living Area

Above average

66% 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)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

86.9 is composed by the two sections below.

Property Score

86.7Excellent
Living Area96
2,299 sqftExcellent
Year Built67
1978Good
Lot Size91
7,783 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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

Elite
2,299 sqft
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 5%
Same street · Lynbrook Drive
#3 / 85
Top 4% · Avg 1,266 sqft
Same area · Varsity View
#44 / 848
Top 5% · Avg 1,387 sqft
Citywide · Winnipeg
#9,669 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
547k
0255075100
Same streetTop 7%Same areaTop 23%CitywideTop 13%
Same street · Lynbrook Drive
#6 / 85
Top 7% · Avg 406.4k
Same area · Varsity View
#198 / 848
Top 23% · Avg 444.7k
Citywide · Winnipeg
#25,428 / 194,458
Top 13% · Avg 390.1k

Year Built

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

Lot Size

above average
7,783 sqft
0255075100
Same streetTop 34%Same areaTop 40%CitywideTop 12%

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

414 Lynbrook Drive — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 497 m), 1 education (nearest 432 m).

Search radius
🍽️Dining1
🏫Education1
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

414 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: 414 Lynbrook Drive, Winnipeg

Property Overview

This 1978 two-storey home in Varsity View offers a compelling blend of space, location, and established charm. Its key appeal lies in its generous proportions: with nearly 2,300 sqft of living space on a large 7,783 sqft lot, it significantly outranks most homes in Winnipeg for size. The property features a finished basement and an attached garage, situated in a mature, sought-after neighbourhood. Its high assessment value ranking suggests it is a substantial and well-regarded home within the market.

The home is ideally suited for buyers looking for established character and room to grow or breathe, rather than a new-build. It would fit a family needing ample indoor and outdoor space, or perhaps someone who values the quiet, tree-lined streets of an academic-adjacent community. A thoughtful perspective is that while the 1978 build date means updates may be desired, it also represents a period of solid construction on a large lot that is increasingly rare in newer subdivisions. This isn't just a house; it's a sizable piece of a prime location.

Key Questions for Consideration

  1. What is the condition of major systems? Given the home's age, the roof, windows, furnace, and electrical system should be carefully inspected to understand their remaining lifespan and any immediate capital requirements.
  2. How does the layout and style align with modern needs? While spacious, the floor plan is from the 1970s. Consider how the room flow, kitchen configuration, and bathroom layouts work for contemporary living and what renovations might be envisioned.
  3. What are the annual property taxes? With an assessed value of $547,000, requesting the current year's tax amount is essential for an accurate understanding of monthly carrying costs.
  4. What work has been done recently? Ask for details and permits for any recent updates, especially to the finished basement, to gauge the quality of improvements and what has already been addressed.
  5. Why is the seller moving? Understanding the seller's motivation can provide helpful context about the property and the negotiation timeline.