46 Lochmoor Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040-square-foot home built in 1965 on a notably generous 6,253-square-foot lot in Windsor Park, Winnipeg. The lot is the standout feature here—it ranks in the top 12% on Lochmoor Avenue and the top 26% citywide, meaning you get significantly more outdoor space than most comparable properties. The living area is essentially average for both the street and the neighbourhood, and the assessed value of $359,000 sits right around the local norm, slightly below the citywide average of $390,100. The home itself is older than many of its immediate neighbours (the neighbourhood average build year is 1961, so this one is a bit newer than the local stock, but slightly older than the citywide average of 1966).
The appeal lies in the land-to-house ratio. Buyers who want a sizable yard, garden space, or room for future expansion—without paying a premium for a larger house—will find this interesting. It’s not a move-in-ready showpiece, but it offers potential for someone who values outdoor space and is willing to work with a mid-century home that hasn’t been over-improved for the area. It would suit buyers looking for a solid, unflashy property in an established neighbourhood where the lot drives the value, rather than the square footage or interior finish. First-time buyers with an eye for long-term land value, or renovators who see the lot as the primary asset, would be the most natural fit.
Frequently Asked Questions
1. How does the lot size compare to other homes in Windsor Park?
The lot is 6,253 square feet, which is above average for the neighbourhood. It ranks in the top 30% locally and the top 26% citywide. Most comparable homes in the area sit on around 6,030 square feet, so you’re getting a noticeable amount of extra land without the property being oversized or unusual for the street.
2. Is the assessed value a reliable indicator of market price?
The assessed value is $359,000, which aligns closely with the street and neighbourhood averages. Citywide, the average for comparable homes is higher at $390,100, which suggests this property is priced modestly relative to the broader market. However, assessed value is a tax valuation, not a market appraisal; actual sale price will depend on condition, upgrades, and buyer demand. The lot’s strong ranking could push the value above assessment in a competitive market.
3. How old is the house, and is that a concern?
The home was built in 1965. On its street, it’s older than average (ranked 46th out of 65), but in the broader Windsor Park neighbourhood, it’s actually newer than many surrounding homes (ranked in the top 10%). So while it’s not a new build, it’s not unusually old for the area. Buyers should expect typical mid-century considerations—possible updates to mechanicals, windows, or insulation—but the construction era is well-represented in the neighbourhood, which can make renovations and repairs more predictable.
4. Is the living space small for a family home?
At 1,040 square feet, it’s essentially average for the street and neighbourhood. It’s not cramped, but it’s not spacious either. Families looking for three-bedroom layouts or open-concept living may find it tight. The lot, however, offers room for a future addition or detached structure if zoning allows, which makes it more flexible than the interior alone suggests.
5. What does “Top 12% for lot size on the street” actually mean in practical terms?
It means the lot is larger than about 88% of the other homes on Lochmoor Avenue. In practice, that translates to more backyard space, potentially better privacy, and more room for gardening, sheds, or outdoor entertaining compared to your immediate neighbours. It also positions the property well for future resale, since larger lots in established neighbourhoods tend to hold value and attract buyers looking for space they can’t easily find in newer subdivisions.