Property Overview: 413 Lynbrook Drive
Key Characteristics & Appeal
This 1984-built, one-storey home in Varsity View sits on a large, approximately 10,200 sqft lot, which is a standout feature, placing it in the top tier of property sizes locally. With 1,465 sqft of living space and a finished basement, it offers practical, single-level living. Its broad appeal is rooted in quantifiable stability: it consistently ranks highly across key metrics for its street, neighborhood, and all of Winnipeg, particularly for its lot size (top 6% in the city) and assessed value (top 13% in the city). This suggests a property that is both spacious and well-regarded in the market.
The home would suit buyers looking for established, ground-level living in a mature neighborhood, with the rare advantage of a very large yard for privacy, gardening, or expansion. Its strong rankings in assessed value relative to its age indicate a home that has been maintained in line with or above area norms, appealing to those seeking a move-in-ready property without the unknowns of a new build. It’s a solid choice for downsizers, small families, or investors attracted to a property with proven, above-average fundamentals in a sought-after location.
Frequently Asked Questions
1. What does the high ranking in "assessed value" actually mean?
It means the municipal property assessment for this home is higher than 87% of all homes in Winnipeg. This generally reflects a combination of its desirable location, lot size, and the condition/features of the home itself, suggesting it is positioned in the upper tier of the market.
2. The house is 42 years old. What should I consider?
While the rankings show it is newer than 66% of Winnipeg homes, a home of this age will have had major components like the roof, windows, furnace, and plumbing updated or nearing their lifespan. A thorough inspection is essential to understand the current state of these systems.
3. How usable is a 10,203 sqft lot?
This is a very large urban lot, offering significant outdoor space. Beyond a large yard, it provides ample potential for additions, a detached garage or workshop, or extensive landscaping, subject to local zoning bylaws.
4. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who prefer brand-new systems without immediate maintenance considerations might find the traditional one-storey 1980s layout less ideal. It also may not suit those with mobility needs if the finished basement is not fully accessible.
5. The "finished basement" is noted, but what are the details?
The listing confirms a basement exists and is finished, but specifics on ceiling height, layout, legal egress, moisture control, and the quality of finishes are not provided. These are critical questions for viewings and inspections to determine if it’s livable space or casual recreation area.