Property Overview: 68 Lynn Lake Drive, Winnipeg
Key Characteristics & Appeal
This home at 68 Lynn Lake Drive in the Meadows neighborhood is a well-situated, established property that offers solid value within its immediate community. Built in 1984, it is a typical home for the area, featuring 1,065 sqft of living space on a 5,400 sqft lot. Its primary appeal lies in its strong standing relative to its own street and neighborhood. The living area is notably above average for Lynn Lake Drive (ranking in the top 27%), suggesting a comfortable size among direct comparables. Similarly, its assessed value is above the street average (top 30%), indicating it is a higher-value home on its block.
The data presents a property that is a strong performer in its local context but sits around the city-wide average for most metrics. This positions it as a sensible choice for buyers seeking a home in a mature neighborhood without paying a premium for a newer or larger city-wide standout. It would particularly suit first-time buyers or downsizers looking for a manageable, established home in a stable setting, or investors seeking a property with reliable, neighborhood-typical value. A thoughtful perspective is that while it may not be a standout across the entire city, its above-average status on its own street suggests a desirable placement or condition within a familiar and likely consistent local area.
Frequently Asked Questions
1. How does this home compare to others on the street?
It compares favorably. The living space is above the street average (top 27%), and its assessed value is also above average (top 30%), meaning it is likely one of the more substantial and valuable properties on Lynn Lake Drive.
2. Is the assessed value the same as the market value?
No. The assessed value of $37,200 is for municipal tax purposes. The last recorded sale was between $350,000 and $400,000 in 2022, which is a better indicator of market value. You can request the exact historical sold price via the provided form.
3. What does the "year built" ranking mean?
Built in 1984, this home is typical for its neighborhood (ranking around average in the Meadows). Interestingly, it ranks "above average" city-wide (top 30%), as many Winnipeg homes are older. This highlights that it is a relatively newer home compared to the overall city's housing stock.
4. How can I see more details about the neighborhood?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, living area, and lot size.
5. The city-wide average living area is larger. Is this home small?
At 1,065 sqft, it is slightly below the city-wide average but is actually above the average for its own street. This is common in mature, established neighborhoods where homes were built to different standards than in newer suburbs. It offers a practical footprint for its locale.