102 Lochmoor Avenue – Property Overview
Key Characteristics & Buyer Profile
This is a 1967 home on a 5,533 sqft lot with 800 sqft of living space, located in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the year built: the property ranks in the top 3% on its street and top 5% in the area, meaning it’s noticeably newer than most surrounding homes. The assessed value of $375,000 is above the street and neighbourhood averages but sits around the citywide median, suggesting the home holds its value well relative to local comparables.
The appeal here is practical rather than flashy. The living area is smaller than average—ranked in the bottom 20% on the street and bottom 10% citywide—so this isn’t a house for someone needing generous square footage. But the land is decently sized (near the middle of the pack locally), and the newer construction date means fewer immediate concerns about aging infrastructure compared to many neighbouring properties built in the early 1960s.
This property would suit buyers who prioritize a solid, well-maintained structure over sprawling interior space—perhaps a first-time homeowner, a downsizer, or someone willing to invest in thoughtful renovations to maximize a compact footprint. It may also appeal to those who value being in a slightly newer home within an established, older neighbourhood, where character and stability matter more than square footage bragging rights.
Five Frequently Asked Questions
1. How does the small living area affect resale or daily use?
At 800 sqft, this is a compact home by any standard—especially in a city where the average comparable is around 1,340 sqft. Daily living will require efficient use of space, and resale may be slower to buyers who prioritize openness. However, the smaller footprint often means lower utility costs and less upkeep, which can be a selling point for budget-conscious buyers. The land area (5,533 sqft) leaves room for a future addition if zoning allows.
2. Why is the assessed value above neighbourhood average when the living area is below average?
Assessed value reflects not just size but also condition, location, and age. This home is newer than most in the area (1967 vs. early 1960s averages), which likely supports a higher valuation per square foot. It also sits in a top 25% position within Windsor Park, suggesting the property is in decent shape or benefits from desirable street-level factors (e.g., lot orientation, yard quality, or nearby amenities).
3. Is the lot size considered generous for this area?
The lot is 5,533 sqft, which is below the neighbourhood average of 6,030 sqft (ranking in the bottom 29% locally). However, it’s near the middle of the pack on its street and citywide. It’s not a large yard by Windsor Park standards, but it’s not unusually small either—enough for a garden, small shed, or outdoor seating, but not for expansive landscaping or a pool.
4. What does “Top 80%” in living area actually mean?
Rankings like “Top 80%” mean the property outperforms 80% of comparable homes, putting it in the bottom 20% for that category. So a “Top 80%” living area rank (street level) means most houses on Lochmoor Avenue are larger. This phrasing can be confusing—it’s a percentile where higher percentage = less favourable for size-based metrics. For assessed value and year built, a higher percentage is better (e.g., “Top 22%” means it’s in the top quarter of the street).
5. How does this property compare to others within a 2-3 block radius?
Specific neighbour-by-neighbour data isn’t in the provided figures, but the neighbourhood-level rankings (Windsor Park) offer a solid proxy. You can open the neighbourhood map analysis (linked on the original page) to see side-by-side comparisons of year built, living area, lot size, and assessed value for nearby homes. That tool is the best way to check if this house is an outlier or fits a local pattern—especially useful if you’re curious about renovation potential or future zoning changes.