Property Summary: 338 Lynbrook Drive
Key Characteristics & Appeal
This is a well-situated, one-storey character home in the established Varsity View neighbourhood. Its primary appeal lies in its exceptionally large, 10,836 sqft lot, which places it in the top 5% of properties in Winnipeg for land size. This offers rare potential for expansion, gardening, or outdoor living within the city. The home itself is modest in size at 794 sqft and is from 1934, presenting a classic footprint with a finished basement and a combination attached/detached garage.
The property suits two main types of buyers: those seeking a solid investment in a prime location with significant land value, willing to update or eventually rebuild to their own taste; and those looking for a manageable, ground-level home with a huge private yard in a central, mature community. Its high land rankings contrast with its lower rankings for building age and size, highlighting a trade-off: you are purchasing a premier lot with a home that may require modernization. This isn't a move-in-ready showcase, but a property with foundational strengths where the true value is in the land and the long-term possibilities it affords.
Frequently Asked Questions
1. What does the "combination attached/detached garage" mean?
This typically indicates a garage structure that is connected to the house (attached) but may also have a separate, standalone bay or workshop space (detached). It offers flexible storage or workspace options.
2. The home is noted as being from 1934. What should I consider?
While offering charm and a proven build quality, a home of this age will likely have older mechanical systems (like plumbing and wiring), windows, and insulation. A thorough inspection is essential to understand the condition and plan for any necessary updates or maintenance.
3. The lot is huge, but the house is relatively small. Can it be expanded?
The lot size certainly allows for potential additions or a significant renovation. Any expansion would require checking with the City of Winnipeg for zoning bylaws, setback requirements, and obtaining the proper permits.
4. How meaningful are the provided rankings?
They are useful for quick, at-a-glance comparisons. This property ranks very high for land size but lower for the building's age and living area. This clearly signals that the land is the dominant asset here compared to the current structure.
5. What is the neighbourhood like?
Varsity View is a central, mature neighbourhood near the University of Manitoba. It offers a quiet, tree-lined setting with strong community roots, while being close to academic institutions, parks, and major routes. It's popular with academics, families, and long-term residents.