37 Lomond Boulevard – Property Summary
Key Characteristics & Buyer Profile
This is a 1,360 sqft single-family home built in 1965, sitting on a 5,752 sqft lot in Windsor Park, Winnipeg. Its standout feature is living space. Within the neighbourhood, it ranks in the top 8% for size—well above the local average of 1,091 sqft. On its own street, it’s in the top 21%. That extra square footage gives the home a noticeably roomier feel compared to many nearby properties from the same era.
The assessed value (for tax purposes) is $393,000, slightly above the neighbourhood average of $354,000 but consistent with its larger footprint. The lot size is close to both the street and community averages, so the yard is typical for the area—not unusually large or small. The home was built in 1965, which is also the norm for Lomond Boulevard.
The appeal here is straightforward: you get more interior space without paying a premium for land or a newer build. It suits buyers who prioritize square footage over lot size or a modern construction date. Families needing room to spread out, or anyone looking for a solid mid-century home with proven dimensions, will find this practical. It’s not flashy, but the numbers tell a clear story of above-average space in a stable, established neighbourhood.
FAQs
1. How does the property tax compare to similar homes in Windsor Park?
The assessed value is higher than the neighbourhood average ($393,000 vs. $354,000), which means property taxes will be above typical for the area. However, this aligns with the home’s larger living area—you’re paying for extra square footage, not a premium location.
2. Is the lot size a drawback?
Not really. At 5,752 sqft, it’s close to the street average of 6,165 sqft and the community average of 6,030 sqft. It falls near the middle of the pack, so the yard is typical for the neighbourhood—not cramped, but not oversized either.
3. Why is the living area ranked higher than the assessed value?
Living space and assessed value don’t always move together. This home ranks in the top 8% locally for size, but only in the top 12% for value. That gap suggests the larger square footage hasn’t fully translated into a proportional tax assessment—possibly due to the home’s age or condition relative to newer or renovated comparables.
4. How does the 1965 build hold up compared to newer homes?
It’s typical for the street and slightly newer than the community average (1965 vs. 1961). Across Winnipeg, it’s close to the median. A 1960s home often means solid construction and established landscaping, but you’ll want to budget for updates to systems or finishes depending on what’s been done since.
5. What kind of buyer would get the most value here?
Someone who values interior space over a big yard or a brand-new build. The home offers a generous floor plan for its price point, especially compared to newer developments where similar square footage would likely cost more on a smaller lot. It’s a practical choice for families or anyone wanting room without paying for the “new house” premium.