Property Overview & Key Characteristics

This well-situated Windsor Park bungalow presents a classic, low-maintenance living option on a generous lot. Its key appeal lies in a combination of space, location, and recent updates. The home features a renovated basement, adding valuable finished living area to the 1,286 sqft main floor, and an attached garage. Built in 1966, it sits on a large 5,249 sqft lot, which ranks in the top 6% for size on its street, offering ample outdoor space for a mature neighbourhood.

The property’s strength is its established, quiet setting within a sought-after area. The data suggests it’s a solid, middle-of-the-road home for the city in terms of size and assessed value ($380k), but it stands out within its immediate surroundings for lot size and recent sale performance—it sold for $420k in 2022, a price that ranks in the top 3% on the street historically. This indicates a property that has been modernized and well-regarded by the market. It would suit buyers looking for a move-in ready bungalow, perhaps downsizers seeking single-level living or a young family valuing the large yard and the stability of Windsor Park. A thoughtful perspective is that while the home itself is average in size for Winnipeg, its above-average lot size and strong recent sale price point to a property that holds its value well on a desirable street.

Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The assessed value is $380,000, but the home sold for $420,000 in June 2022. Market conditions and updates since then will influence current value, but the recent sale history suggests the property can command a price significantly above its assessment.

2. Is the lot size a major advantage?
Yes. At 5,249 sqft, the lot is larger than 94% of others on Lochmoor Avenue. This is a standout feature for outdoor space, privacy, and future potential in a mature neighbourhood where lots are typically smaller.

3. What does the sale history tell us?
The home sold for $302,000 in 2019 and then $420,000 in 2022. This substantial increase likely reflects the basement renovation and strong market conditions at the time. It shows the property has a history of solid value appreciation.

4. How does this home compare to others in Windsor Park?
The living area is comfortable but not large for the neighbourhood (ranking in the top 89%, meaning 89% of area homes are larger). Its appeal is balanced more toward its premium lot size, renovated condition, and strong street-specific appeal rather than sheer square footage.

5. What type of neighbourhood is Windsor Park?
Windsor Park is a stable, established neighbourhood in Winnipeg. The presence of many similar-era homes suggests a consistent, mature streetscape. Its rankings show it’s a centrally located area with properties generally holding value well within the city context.