Here is the summary of the property, written in a natural, grounded tone, suitable for direct web display.
Property Profile: 15 Lachine Road
Key Characteristics & Ideal Buyer
This 1,104 sqft, 1962-built home on a 6,243 sqft lot sits in Winnipeg’s Windsor Park neighborhood. Its strongest asset is its lot size and street positioning. The lot is larger than typical for the street and ranks well citywide (top 26%), offering decent outdoor space for a home of this era. The assessed value is notably above the neighborhood average (top 15%), suggesting the home has held or gained value relative to its immediate surroundings. However, the living area is essentially average for the street and neighborhood—it’s not a standout feature. The construction year is also older than the citywide average (1962 vs. 1966), which may mean the buyer should anticipate systems or updates typical of that era.
The appeal lies in buying into a solid, established block on Lachine Road (ranked #2 for year built, #7 for lot size within the street) without paying a premium for square footage you don’t need. It suits a buyer who values lot size and a stable, value-holding address over a large or modernized interior. This property would likely attract someone willing to invest sweat equity or a gradual renovation plan, rather than someone seeking a move-in-ready, turnkey home.
Five Possible Questions
1. How does the assessed value compare to similar homes nearby?
The home’s assessed value of $388k is above average for both the street (where the average is $362.4k) and the wider Windsor Park neighborhood (average $354.2k). It ranks in the top 15% of the neighborhood for value, indicating it is a relatively higher-valued property in its immediate area.
2. Is the living space unusual for this home’s age or street?
The 1,104 sqft living area is right around the average for Lachine Road (1,111 sqft) and the neighborhood (1,091 sqft). It is not particularly large or small for this specific area. Buyers comparing to newer or larger citywide averages (1,342 sqft) should note this home is on the smaller side by modern Winnipeg standards.
3. What year was the home built, and how does that age stack up?
It was built in 1962. On Lachine Road, it is one of the older homes (ranked #2 out of 27, meaning only one is older). It is also slightly older than the neighborhood average (1961) and the citywide average (1966). Expect construction typical of the early 1960s.
4. How large is the lot, and is that a notable feature?
Yes. At 6,243 sqft, the lot is larger than the street average (5,939 sqft) and ranks in the top 26% citywide. This is likely the property’s most distinctive physical asset. It offers more yard space than many nearby homes.
5. What is the neighborhood’s overall comparative ranking?
Windsor Park ranks in the top 33% citywide for living area and top 15% for assessed value among comparable properties. The neighborhood is considered above average for home value relative to the rest of Winnipeg, though the living space is typically modest.