Property score
82.6
Excellent
Overall 82.6 · Newer than most nearby homes
1,571 sqft (top 32%) · Built in 1990 (15 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 5-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
13% 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)
281
492k
$398/sqft
1975
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82.6 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
442 Lynbrook Drive — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 483 m), 1 education (nearest 448 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 16% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1990-built, one-storey home in Varsity View is defined by its generous, mature lot of over 10,700 sqft—a rare find that places it in the top tier of properties locally. With 1,571 sqft of living space, an unfinished basement, and an attached garage, it offers solid fundamentals. Its appeal lies not just in its size, but in its consistently high rankings across key metrics: it outperforms a vast majority of comparable homes in Winnipeg for lot size, assessed value, and recent sale price, suggesting a property that holds and builds equity effectively. It would particularly suit buyers looking for a long-term family home with ample outdoor space for gardens or play, and for those who value the stability and established character of the Varsity View neighborhood. A thoughtful perspective is that the unfinished basement and the home’s age present a clear, customizable opportunity rather than a drawback, allowing new owners to tailor additional living space to their exact needs without paying a premium for someone else’s finished work.
Key Questions & Answers
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, "in Winnipeg超越95%的其它房屋" means its lot size is larger than 95% of all residential properties in the city, a significant advantage for privacy and outdoor use.
2. The house sold for significantly more than its assessed value in 2021. Why?
The assessed value is for municipal tax purposes and often lags behind the market. The 2021 sale price of $566,000 reflects what a buyer was willing to pay in the competitive market at that time, strongly indicating perceived desirability and value beyond the official assessment.
3. Is an unfinished basement a negative?
Not necessarily. While it requires an investment to finish, it means you avoid the cost and potential of undoing a previous owner’s dated renovation. It provides valuable, flexible space for storage, utilities, and a blank canvas for future living areas, a workshop, or home gym.
4. Who would this property suit best?
It’s ideal for buyers who prioritize land and location over a move-in-ready, modern interior. It suits families or individuals wanting space to grow, gardeners, and those who see value in a home with strong foundational equity where they can gradually add their own personal touches.
5. The home is 36 years old. What should I consider?
While the core structure is established, a home of this age will likely require proactive maintenance and updates to major systems (like roof, windows, HVAC) in the coming years. A thorough inspection is essential to budget for these eventualities, which is typical for any home in this age range.
