78 Lomond Boulevard – Property Summary

Key Characteristics & Buyer Profile

This is a 1,014 sqft home built in 1967, sitting on a 5,779 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the build year—ranked 4th out of 58 homes on its street (top 7%) and 167th out of 3,307 in the neighbourhood (top 5%). For buyers who appreciate the craftsmanship or character of older builds, this is a rare find relative to its immediate surroundings. The assessed value of $380,000 is above the neighbourhood average ($354,200) but sits around the citywide average for comparable homes, suggesting the property is priced competitively for the area. The interior living space is below average by both street and city standards, which may appeal to buyers seeking a smaller, more manageable footprint. It would suit someone who values a well-established, mid-century home in a stable inner-ring suburb, and is less concerned about square footage or lot size (both rank average or below). First-time buyers or downsizers looking for a solid, older home with character, in a family-oriented neighbourhood, would find this property a practical fit.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
The living area (1,014 sqft) is below the street average of 1,221 sqft and the city average of 1,342 sqft. The lot (5,779 sqft) is slightly smaller than the street average (6,165 sqft) and neighbourhood average (6,030 sqft). If you prefer a compact home or yard, this isn’t a drawback—but it’s worth noting if you expect more space.

2. Is the assessed value reasonable for this neighbourhood?
Yes. The $380,000 assessment is above the Windsor Park average of $354,200, aligning with the home being newer (1967 vs. 1961 average) and ranking in the top 21% of the neighbourhood by value. It’s near the citywide average for comparable homes, so it’s not overpriced relative to its peers.

3. What does the build year tell me about the home?
Built in 1967, it’s newer than most homes on its street (average 1965) and in the neighbourhood (average 1961). That means it may have more modern construction standards or updates compared to older properties, but without direct inspection details, it’s still a 50+ year-old home—so expect typical maintenance considerations for its age.

4. How does this property rank citywide?
By living area, it ranks in the bottom 28% (below average) for Winnipeg. By assessed value, it’s slightly above average (top 44%). The lot size is average (top 37%). The build year is essentially average citywide. In short, it’s a fairly typical Winnipeg home by city standards, with a neighbourhood advantage in value and age.

5. What’s the neighbourhood like in terms of competition?
Windsor Park has over 3,300 comparable homes. This property ranks in the top 5% by age and top 21% by assessed value, meaning it stands out as a newer, higher-value home in a large pool. That could mean less competition for similar listings, but also that you’re paying a premium for that advantage relative to the neighbourhood baseline.