13 Lochmoor Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1966 on a 5,461 sqft lot, located in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the assessed value: $391,000 ranks in the top 11% on the street and top 13% in the area, suggesting the home has been well-maintained or updated relative to its peers. The living area is around average for the street and neighbourhood, while the lot size is slightly below the local average—something to note if yard space is a priority.
The property’s appeal lies in its value positioning. You’re getting a home that’s assessed significantly higher than most nearby homes, which can indicate desirable finishes, a good layout, or a recent renovation. The year built (1966) is newer than much of the neighbourhood, where the average is 1961. This means it likely has a more modern foundation or systems, without being a new build that commands a premium.
This home would suit a buyer who values solid, mid-century construction and wants a move-in-ready property in an established neighbourhood—without paying top dollar for a completely renovated house. It’s less ideal for someone seeking a large lot, a sprawling floor plan, or a home in a newer subdivision. For an investor or first-time buyer, the above-average assessed value relative to the street could also signal strong resale potential if the trend continues.
Five FAQs
1. How does the assessed value compare to the asking price?
The text doesn’t list an asking price, only the assessed value ($391,000). In Winnipeg, assessed values are typically close to market value, but they can lag behind or ahead by 5–10%. It’s worth comparing the final list price to this number when viewing.
2. Is this property in a flood-prone area?
Windsor Park is near the Red River, but the provided data doesn’t mention flood risk. The home’s year (1966) suggests it was built before major flood-protection measures. Check with your realtor or the city’s flood-risk maps.
3. What’s the typical age of homes nearby?
The neighbourhood average is 1961, and this home is 1966—slightly newer. Many homes in Windsor Park date from the late 1950s to early 1960s, so you’ll see a mix of original and updated properties.
4. How much yard maintenance should I expect?
At 5,461 sqft, the lot is about 9% smaller than the street average and 17% smaller than the neighbourhood average. That’s manageable for most homeowners—enough for a garden or a small deck, but not a huge lawn to mow.
5. Why is the assessed value high but the living area average?
This usually means the home has been improved in ways that add value without increasing square footage—think updated kitchen, bathrooms, flooring, or mechanical systems. It’s worth checking the condition of those items during a viewing.