31 Lomond Boulevard, Winnipeg — Property Summary

Key Characteristics & Buyer Profile

This 1,186 sqft home sits on a 5,460 sqft lot in Windsor Park and was built in 1965. Its assessed value sits at $384,000—right at the street average, slightly above the neighbourhood norm, and within reach of the citywide mean. What stands out is not extremes, but balance. Compared to other homes on Lomond Boulevard, the living space and tax assessment are both middle-of-the-pack. Within the wider Windsor Park area, however, this property ranks in the top 20% for size and top 18% for assessed value, suggesting it offers more house and equity weight than much of the immediate surroundings.

The lot is on the smaller side for the street—ranking in the bottom 10% locally—which may appeal to buyers who want a manageable yard without sacrificing interior space. The build year is typical for the street and slightly newer than the neighbourhood average, meaning the home has likely benefited from a generation of updates or is in a pocket of similar vintage homes.

This property suits buyers who want a solid, middle-ground home in an established neighbourhood, without paying a premium for standout lot size or top-tier finishes. It’s not a showpiece—it’s a competent, well-placed home that holds its own in a stable area. First-time buyers, downsizers, or investors looking for a reliable footprint in a neighbourhood with consistent values would find it worth a look.

Frequently Asked Questions

1. How does this home compare to others on the same street?
   It’s very close to the street average in both living area (1,186 vs. 1,221 sqft) and assessed value. Among 58 homes on Lomond, it ranks near the middle. The main difference is lot size—it’s smaller than most neighbours, which could affect privacy or yard use.

2. Is the lot size a concern for resale?
   It could be for buyers who prioritize outdoor space, but the home’s strong position within the community (top 20% for living area) offsets that. In Windsor Park, many homes sit on larger lots, so a smaller one may appeal to those who want less upkeep.

3. What does “above average” in the community actually mean here?
   It means this home is larger and assessed higher than roughly 80% of homes in Windsor Park. That doesn’t mean it’s a luxury property, but it does suggest good value relative to the neighbourhood baseline—especially for someone looking for extra square footage without moving to a pricier area.

4. How old is the home, and does that raise any red flags?
   Built in 1965, it’s typical for the street and newer than the community average. Homes from this era may need updates to insulation, windows, or mechanicals, but the age itself isn’t unusual for the area. A solid inspection is always wise.

5. Why does the assessed value match the street average but exceed the neighbourhood average?
   The street itself has homes valued similarly to each other (around $384k), but Windsor Park as a whole has a lower average ($354k). That gap suggests this block is a slightly higher-value pocket within the community, which can be a positive for long-term equity.