Property Overview: 410 Lynbrook Drive, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated 1978 one-storey bungalow in the established Varsity View neighbourhood offers a classic, low-maintenance layout on a generous 6,347 sqft lot. Its key features include a fully finished basement and a comfortable 1,125 sqft of living space. The home's primary appeal lies in its location within a mature, sought-after community and its solid value proposition. The property ranks highly city-wide for its lot size (top 25%) and assessed value (top 36%), indicating a desirable and competitively positioned asset.
It would particularly suit first-time buyers or downsizers seeking a manageable single-level floorplan in a prime location without a premium price tag. The large lot presents a significant upside for those with future expansion or landscaping in mind. A thoughtful perspective is that while the home ranks in the middle of its immediate neighbourhood for size and recent sale price, its stronger city-wide rankings suggest it represents a relative "value entry" into this desirable area, offering more land and overall value than many typical Winnipeg properties.
Section 2: Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings show how this property compares to others on its street, in Varsity View, and across all of Winnipeg for specific metrics. For example, ranking in the top 25% city-wide for lot size means it has a larger yard than 75% of Winnipeg properties.
2. Is the basement included in the 1,125 sqft living area?
No. The 1,125 sqft refers to the above-ground living space. The home has additional, finished living space in the basement, which is a separate and valuable feature.
3. There's no garage. Is there other parking?
The listing does not specify off-street parking. This would be an important point to clarify with the selling agent, as on-street parking permissions can vary in established neighbourhoods.
4. The home was last sold in 2019. What does that tell us?
The 2019 sale provides a historical price point ($350,000) and suggests the current sellers have owned for several years. The current assessed value of $395,000 provides a municipal benchmark for its worth, though market conditions will determine the final sale price.
5. The "build year" ranking is stronger than the "living area" ranking. What does that mean?
While the home itself is newer than many in the city (top 39%), its floor plan is more modest in size compared to the average Winnipeg home (top 55%). This highlights the property's profile: a relatively modern bungalow on a large lot, rather than a large-footprint house.