18 Lochinvar Avenue – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 1,219 sqft single-family home built in 1967 on a 5,774 sqft lot in Windsor Park, Winnipeg. Its assessed value is $387,000.

The property’s strongest asset is its construction year. It ranks #1 on its street and in the top 5% of the entire neighbourhood for year built—meaning it is one of the newer homes in an area where the average is 1961. The assessed value sits above the neighbourhood average ($354,200) but right around the city average, which suggests you’re getting better-than-average value relative to the immediate area without paying a citywide premium. Living area is slightly below the street average but above the neighbourhood average, so it’s a solid middle-ground size. The lot is a touch smaller than both the street and neighbourhood averages, though still within a typical range.

The appeal here is subtle: this home likely requires fewer major structural updates than many of its older neighbours, while the assessed value hasn’t yet fully caught up to that advantage. For a buyer who values newer construction but doesn’t want to pay new-home prices, this is a pragmatic option.

Best suited for: First-time buyers who want a move-in-ready home without historic-home quirks, or small families looking for a stable, mid-century neighbourhood with good bones. It is less ideal for someone who needs a large lot or expects rapid resale gains.

Frequently Asked Questions

1. How does this home compare to others on Lochinvar Avenue specifically?
It ranks 10th out of 20 for living area (top 50%) and 11th out of 20 for assessed value (top 55%). The lot is 12th out of 20 (top 60%). Its standout feature is year built—it’s the newest home on the street.

2. Is the assessed value of $387,000 a good deal for Windsor Park?
The neighbourhood average assessed value is about $354,000, so this home is roughly $33,000 above that. But it’s also newer and above the neighbourhood median for living area. Whether it’s a “deal” depends on condition—if the interior matches the newer build year, the premium is reasonable.

3. How does the lot size affect usability?
At 5,774 sqft, the lot is slightly below the city average (6,570 sqft) and below the street average (6,207 sqft). It’s not a sprawling yard, but for a typical single-family home in a 1960s subdivision, it’s functional. Expect a modest backyard rather than room for major additions.

4. Why does the home rank so well for year built but only average for everything else?
The neighbourhood has many homes from the 1950s and early 1960s, so a 1967 build stands out. Living area, lot size, and assessed value are more evenly distributed across the area—this home is in the middle of the pack for those metrics, which is fairly common for a house that prioritized modern construction over size.

5. Should I factor in the citywide rankings when making an offer?
Citywide rankings (top 48% for living area, top 42% for value) are useful for a broad sense of where the home sits relative to all of Winnipeg, but they’re less relevant for pricing. The street and neighbourhood rankings matter more—this home is well above average in its immediate area for build quality and value, which is where comparisons matter most.