Key Characteristics & Buyer Profile

This is a 1961 single-family home at 18 Lachine Road in Winnipeg’s Windsor Park neighbourhood, with 1,111 sq ft of living space on a 5,775 sq ft lot. Its assessed value is $346,000.

Where it stands out most is the lot size and living area relative to the immediate street. On Lachine Road, it ranks in the top third for living space (9th out of 27 homes), and its lot is slightly above average for the street. The assessed value, however, sits below the street average — ranking 20th out of 27 — which may reflect a home that hasn't seen major recent upgrades. The 1961 build year is fairly typical for the neighbourhood.

The appeal is pragmatic rather than flashy. You’re getting a solidly average home in a mid-century established area, without paying a premium for the street or neighbourhood. The compromise is clear: decent space and lot, but a valuation that suggests the interior may need work or updating.

This property suits buyers who are comfortable with a project — not necessarily a full renovation, but likely cosmetic updates, system upgrades, or both. It would work well for someone who values a reasonable lot size in a stable, older neighbourhood and is willing to trade turnkey condition for a lower entry price. First-time buyers or investors looking for a functional home with room to add value would find it most relevant. It is less suited for someone seeking a move-in-ready property or a home with strong resale positioning on the street.

Five Frequently Asked Questions

1. How does the property compare to others on the same street?
The home is slightly above average for living area (top third) and land size (top 41%), but its assessed value is below the street average. This means you’re getting more space and lot than typical for the street, at a lower assessed price — suggesting either deferred maintenance or interior age.

2. Is this considered a good investment?
It depends on your goals. The gap between its size rank and value rank could indicate upside if you’re willing to invest in updates. But it’s not a standout bargain within the wider neighbourhood or city — it sits near the middle in most categories. The real opportunity is street-level, not area-wide.

3. What does the assessed value actually tell me?
The $346,000 assessment is below the street average of $362,000 and below the neighbourhood average of $354,000. This is the city’s estimate of market value for property tax purposes. It does not mean the home will sell for that amount, but it gives a rough baseline. If comparable homes on Lachine are selling above assessment, this one may be undervalued — or simply less updated.

4. How old is the home, and what should I watch for?
Built in 1961, it’s typical for Windsor Park. At over 60 years old, you can expect original or aged systems: plumbing, electrical, insulation, windows, and roofing may be original or near end-of-life. A home inspection is essential, particularly for foundation condition and any hidden moisture issues common in homes of this era.

5. Is the neighbourhood a good place to live?
Windsor Park is a well-established, predominantly residential area in Winnipeg’s east side. It offers decent access to schools, parks, and basic amenities, but it’s not a trendy or high-growth zone. It tends to appeal to people who want a quiet, mature neighbourhood with modest home values and stable, long-term residents rather than rapid appreciation or nightlife.