Property Overview: 232 Lamont Boulevard, Old Tuxedo, Winnipeg
Key Characteristics & Appeal
This is a premier property in Winnipeg’s established Old Tuxedo neighbourhood, representing a rare combination of new construction, substantial scale, and a top-tier valuation. Built in 2023, the 4,482 sqft home sits on a large 12,995 sqft lot. Its appeal lies in its absolute modernity within a mature, prestigious area—offering move-in readiness without the compromises of an older home. The statistics are striking: it ranks in the top 1-4% of the entire city for living area, assessed value (~$2.87M), and newness. Even within its affluent street and area, its size and value are in the top 10%.
This home suits buyers seeking a low-maintenance, luxury residence in a prime location. It’s ideal for those who value contemporary design and systems but want the established landscape and stature of Old Tuxedo. It would also appeal to a buyer looking for a “best-in-class” asset, as its recent sale price (~$2.875M in late 2024) represents a significant appreciation from its 2021 sale, underscoring its high-demand profile.
Frequently Asked Questions
1. How does the assessed value relate to market value?
The assessed value of $2.87M is for municipal tax purposes. The late 2024 sale price of approximately $2.875M indicates the market value aligns closely with this assessment, which is common for recently sold, high-value properties.
2. What does the "new build" status mean for me as a buyer?
As a 2023 build, major components like the roof, HVAC, windows, and appliances are under warranty and unlikely to need immediate replacement. This contrasts with many neighbouring homes from the mid-20th century, which may require significant updates.
3. Is the lot size typical for the area?
Yes. At nearly 13,000 sqft, the lot is slightly above the average for both Lamont Boulevard and Old Tuxedo, providing ample private outdoor space that is still manageable.
4. The home sold recently in December 2024. Why would it be available again?
While the specific reason isn’t provided, short-term resales can occur due to unforeseen changes in the owner’s circumstances, such as relocation, estate planning, or a change in needs. It does not necessarily reflect on the property itself.
5. How can I verify the exact past sale prices?
The site provides sold price ranges for general reference. To obtain the exact, verified sale figures from the land title registry, you can request them via email from the site provider, as MLS sold data is not publicly displayed per industry rules.