Property Summary: 252 Lynbrook Drive
Key Characteristics & Appeal
This is a well-maintained, one-storey home in Varsity View, built in 1952. Its primary appeal lies in its generous, mature lot of over 6,700 sqft—a rarity that offers significant space for gardening, play, or future expansion. The home itself is modest in size at 952 sqft but includes a finished basement, providing valuable additional living space. It features a split garage, adding practical storage or workshop potential.
The property’s strength is its balanced positioning. While the home's age and interior size are fairly typical for the area, the lot size is a standout feature, ranking in the top 19% city-wide. This creates an opportunity: it’s a comfortable, move-in-ready home on a parcel of land with inherent value. It would suit a first-time buyer seeking a solid entry into a established neighbourhood, a downsizer looking for single-level living without sacrificing yard space, or a long-term investor who recognizes the underlying value of the land. The appeal is pragmatic—it’s a home that covers the essentials while offering a tangible asset in its sizable lot.
Frequently Asked Questions
1. How does the home’s age affect maintenance?
Built in 1952, prospective buyers should budget for updates common to homes of this era, such as roofing, windows, or mechanical systems. A thorough inspection is advised to prioritize any necessary work.
2. Is the finished basement included in the 952 sqft living area?
No. The 952 sqft refers to the above-ground living space. The finished basement provides additional, separate square footage, increasing the home’s functional space.
3. What does the lot size ranking actually mean?
The data shows this property’s lot is larger than 81% of all residential lots in Winnipeg. This indicates exceptional outdoor space compared to the city average, a key advantage in this price range.
4. The community rankings for size and age seem average. Is that a concern?
Not necessarily. It confirms the property is characteristic of Varsity View—a mature neighbourhood with similar-sized homes. The value proposition here is the lot size, which outperforms both the community and city averages.
5. What is the potential here for future renovation or expansion?
The large lot is a major asset for potential expansion, subject to zoning bylaws. The existing single-level layout also lends itself well to accessible design modifications, a thoughtful consideration for aging in place.