Property Overview: 81 Lomond Boulevard, Winnipeg
This property at 81 Lomond Boulevard offers a mix of average-to-strong fundamentals with one clear standout feature: its lot size. The home sits on a 6,358 sqft lot, which ranks well above average on its street (top 16%), within its Windsor Park neighbourhood (top 24%), and across Winnipeg as a whole (top 25%). The home itself was built in 1965, making it slightly older than many nearby homes but still within a typical range for the area. Its living area of 1,078 sqft is below the street average of 1,221 sqft, and its assessed value of $353,000 is also notably lower than the street average of $383,900.
The appeal here is less about the house itself and more about the land and the value proposition. For buyers who prioritize outdoor space, a larger yard in an established neighbourhood like Windsor Park is a real asset. The assessed value also tracks below both the street and citywide averages, which could suggest room for appreciation or simply a more affordable entry point into the area. This property would best suit buyers who are willing to work with a smaller interior footprint in exchange for a generous lot and a price that undercuts much of the competition on the street.
Frequently Asked Questions
1. How does this home compare to others on Lomond Boulevard?
On its street, this home ranks near the bottom in both living area (#44 out of 58) and assessed value (#54 out of 58). That means it’s smaller and valued lower than most houses on the block. The trade-off is its lot size, which is among the largest on the street (#9 out of 58). If you’re looking at this street specifically, you’re getting more land for less money.
2. How does Windsor Park compare to other Winnipeg neighbourhoods?
Windsor Park is a solidly middle-of-the-pack neighbourhood. This home’s assessed value ranks #1,746 out of 3,307 neighbourhood comparables, putting it right around average. The lot size is above average at #797, and the year built ranks in the top 10% of the neighbourhood, meaning many homes nearby are older. It’s not a flashy or premium area, but it offers stability and decent value.
3. Is the assessed value of $353,000 a good deal?
Relative to the street average ($383,900) and the citywide average for similar homes ($390,100), yes, this property is valued below both benchmarks. That doesn’t guarantee a bargain—values are based on many factors—but it does suggest you’re paying less than what typical homes in the area command. For a buyer focused on value, this could be a strong entry point.
4. What should I know about the lot size?
The 6,358 sqft lot is above average at every level: street, neighbourhood, and citywide. That’s a meaningful advantage if you want space for gardening, a workshop, or future additions. Keep in mind that larger lots can also mean more maintenance (lawn care, snow clearing) and potentially higher property taxes, so factor that into your total cost of ownership.
5. How old is the home, and should that concern me?
Built in 1965, this home is roughly 60 years old. That’s typical for Windsor Park, where the neighbourhood average year built is 1961. Age isn’t inherently a problem, but it does mean you’ll want to pay attention to major systems (roof, furnace, windows, foundation) and any deferred maintenance. An older home often offers better construction quality than newer builds, but it also requires a more thorough inspection.