426 Lynbrook Drive

Varsity View, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Newer than most nearby homes

1,462 sqft (top 38%) · Built in 1994 (19 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, and 1 place of worship nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

19 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

81.2 is composed by the two sections below.

Property Score

77.2Good
Living Area75
1,462 sqftGood
Year Built81
1994Excellent
Lot Size93
8,875 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

above average
1,462 sqft
0255075100
Same streetTop 27%Same areaTop 38%CitywideTop 33%
Same street · Lynbrook Drive
#23 / 85
Top 27% · Avg 1,266 sqft
Same area · Varsity View
#323 / 848
Top 38% · Avg 1,387 sqft
Citywide · Winnipeg
#63,482 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
486k
0255075100
Same streetTop 22%Same areaTop 34%CitywideTop 22%
Same street · Lynbrook Drive
#19 / 85
Top 22% · Avg 406.4k
Same area · Varsity View
#285 / 848
Top 34% · Avg 444.7k
Citywide · Winnipeg
#42,982 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
1994
0255075100
Same streetTop 5%Same areaTop 21%CitywideTop 20%

Lot Size

above average
8,875 sqft
0255075100
Same streetTop 16%Same areaTop 23%CitywideTop 9%

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

426 Lynbrook Drive — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 474 m), 1 education (nearest 421 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

426 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: 426 Lynbrook Drive, Winnipeg

Property Overview

This 1994-built, one-storey home in Varsity View offers a practical layout with 1,462 sqft of living space on a notably large, 8,875 sqft lot. Its key appeal lies in its established neighbourhood setting and strong relative rankings across several metrics. The property consistently places in the top tiers for its lot size, recent build year, and assessed value within its immediate street, the wider community, and Winnipeg overall. It features an unfinished basement and an attached garage. The combination of a newer construction date (compared to many area homes) and an above-average lot size presents a balanced proposition of a modernized structure with ample outdoor space.

Its straightforward, single-level design would suit first-time buyers looking for a manageable home in a desirable area, or downsizers seeking ease of living without compromising on yard size. The unfinished basement is a clear opportunity for a buyer to add value and customize additional living space according to their needs and budget.

Frequently Asked Questions

Q: How significant are the property's ranking percentages?
A: They indicate strong relative standing. For example, being newer than 95% of homes on its street and having a larger lot than 91% of homes in Winnipeg are notable competitive advantages in their respective categories.

Q: What does the "unfinished basement" entail for a buyer?
A: It provides a blank canvas for future expansion—such as creating a recreation room, home office, or additional bedrooms—but requires a planned investment of time and money to complete.

Q: Is the lot size typical for the area?
A: At nearly 9,000 sqft, the lot is well above average for Winnipeg and represents one of the property's most significant features, offering rare potential for gardening, expansion, or outdoor living.

Q: Who might this property not suit?
A: Buyers seeking a move-in-ready home with a fully developed lower level may find the unfinished basement a drawback. It may also be less ideal for those strictly seeking a brand-new build.

Q: What is the significance of the assessed value ranking?
A: Ranking higher than 80% of Winnipeg homes in assessed value suggests the property is viewed as a substantial asset within the municipal framework, which can be a reassuring indicator of its baseline market position.