434 Lynbrook Drive

Varsity View, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,027 sqft (top 11%) · Built in 1990 (15 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, 1 healthcare facility, and 1 place of worship nearby

Living Area

Above average

46% larger than neighborhood avg.

Year Built

Above average

15 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

87.6 is composed by the two sections below.

Property Score

88.0Excellent
Living Area94
2,027 sqftExcellent
Year Built78
1990Good
Lot Size93
8,090 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
2,027 sqft
0255075100
Same streetTop 8%Same areaTop 11%CitywideTop 10%
Same street · Lynbrook Drive
#7 / 85
Top 8% · Avg 1,266 sqft
Same area · Varsity View
#91 / 848
Top 11% · Avg 1,387 sqft
Citywide · Winnipeg
#19,906 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
574k
0255075100
Same streetTop 6%Same areaTop 19%CitywideTop 10%
Same street · Lynbrook Drive
#5 / 85
Top 6% · Avg 406.4k
Same area · Varsity View
#160 / 848
Top 19% · Avg 444.7k
Citywide · Winnipeg
#19,529 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 11%Same areaTop 23%CitywideTop 22%

Lot Size

above average
8,090 sqft
0255075100
Same streetTop 21%Same areaTop 32%CitywideTop 11%

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

434 Lynbrook Drive — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 458 m), 1 education (nearest 414 m), 1 healthcare (nearest 485 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
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

434 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: 434 Lynbrook Drive, Winnipeg

Property Overview

This spacious two-storey home in Varsity View offers a blend of established charm and generous proportions on a large lot. Its key appeal lies in its above-average size, both in living space and land area, ranking it in the top tier of homes locally. The property features a finished basement, an in-ground pool, and an attached garage. Built in 1990, it is notably newer than many surrounding homes, offering modern construction while still being part of a mature, tree-lined neighbourhood.

It is ideally suited for buyers seeking a ready-to-enjoy family home with ample indoor and outdoor space for entertaining and recreation. The pool and sizable yard cater to those valuing private leisure space. Given its strong rankings for size, value, and age within its community, it would also appeal to someone looking for a property with solid fundamentals in a desirable academic-area neighbourhood, without the need for a full renovation.

Frequently Asked Questions

1. How does the age of the home (1990) impact maintenance?
While newer than many area homes, a 36-year-old property will have components, like the roof, windows, and major systems, that are likely entering or are in their typical replacement window. A thorough inspection is advised, but its relative newness is a comparative advantage.

2. What are the considerations for owning a home with a pool in Winnipeg?
The pool is a major summer amenity but requires a specific maintenance routine and carries ongoing costs for opening, closing, chemicals, and utilities. It also influences insurance. The short usable season is a key factor for some buyers.

3. The lot is large, but how is it oriented and landscaped?
The 8,090 sqft lot offers great potential. It's important to view the property or use street view tools to assess its orientation (for sun exposure), current landscaping, and how the pool area integrates with the rest of the yard.

4. The home ranks very high for size locally. Does the layout feel efficient?
High square footage rankings don't always equate to an ideal floor plan. Viewing the home is essential to see if the 2,027 sqft of living space is configured in a way that suits modern living, with good flow and room proportions.

5. What is the neighbourhood character of Varsity View?
Varsity View is a mature, established neighbourhood near the University of Manitoba. It offers a quiet, family-friendly atmosphere with a mix of older and newer homes, convenient amenities, and strong community ties. Traffic and activity can vary with the university schedule.