65 Lomond Boulevard – Property Summary
Key Characteristics & Buyer Profile
This 1966 bungalow in Windsor Park offers 1,157 square feet of living space on a 5,883-square-foot lot, with an assessed value of $396,000. The property sits in a strong position compared to its neighbourhood. While its living area is roughly average for its street and citywide, it ranks in the top 23% within Windsor Park itself—meaning homes here tend to be smaller, so this one feels spacious by local standards. The assessed value tells a clearer story: it's in the top 10% of the neighbourhood and top 21% on its street, suggesting recent updates, a desirable location, or both are adding tangible worth. The lot is slightly above average for the street and neighbourhood, but not oversized—enough for a garden or play space without demanding heavy upkeep. The year built (1966) places it among the newer homes on the street and in the area, which can mean fewer structural surprises.
This property would likely appeal to buyers who want a solid mid-century home that already reflects neighbourhood value—people who aren't chasing maximum square footage but want a home that ranks well in local comparisons for value and condition. First-time buyers, downsizers, or investors looking for a stable asset in an established Winnipeg neighbourhood could all find it fits. The appeal isn't flashy; it's practical. You're buying into a street and area where this home holds its own without overpaying for trends.
Frequently Asked Questions
1. How does the assessed value compare to similar homes?
It's above average at every level: top 21% on the street, top 10% in the neighbourhood, and top 39% citywide. That suggests the home has appreciated well relative to its peers.
2. Is the lot size typical for the area?
It's slightly above the neighbourhood average (5,883 sqft vs. 6,030 sqft median) and above the street average. It ranks in the top 28% on Lomond Boulevard, so you're getting a little extra space without it feeling like a maintenance burden.
3. What does the "top 10% neighbourhood" value rank actually mean?
It means that out of 3,307 comparable homes in Windsor Park, only about 330 have a higher assessed value. This is a strong indicator that the home has features—location, condition, or upgrades—that set it apart locally.
4. Is 1966 considered an older home in this market?
It's newer than typical for the neighbourhood (where the average is 1961) and right at the citywide average of 1966. On its own street, it's in the top 10%, so it's not vintage—just a well-aged house from a stable era of construction.
5. How does the living area compare to other homes in the city?
At 1,157 sqft, it's slightly below the citywide average of 1,342 sqft for comparable homes, but it's above the neighbourhood average (1,091 sqft). So it's a bit snug by city standards but generous for Windsor Park. That trade-off is typical for established, centrally located neighbourhoods.