110 Penfold Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1965 bungalow in Windsor Park offers 1,521 square feet of living space on a 6,927-square-foot lot. What stands out most is the land: it ranks in the top 13% on the street and in the neighbourhood, and top 18% citywide. That’s a noticeably larger yard than most comparables, which matters if you value outdoor space, gardening, or future expansion potential. The living area is also strong—top 11% on the street and top 4% in the neighbourhood—making it one of the roomier homes in the area. The assessed value ($389,000) sits close to the street and city averages, but well above the neighbourhood average of $354,200, reflecting the premium for size and lot. The year built (1965) is older than the street average but newer than much of Windsor Park, where many homes date from the early 1960s. This property would suit buyers who want a solid, well-proportioned home on a generous lot in an established neighbourhood, without paying a premium for a fully renovated or newer build. It’s a good fit for families, hobby gardeners, or anyone who prioritizes indoor and outdoor space over turnkey finishes.

Five Possible FAQs

1. How does the assessed value compare to recent sale prices in the area?
The assessed value is a municipal estimate, not a market price. Comparable homes on Penfold Crescent have an average assessment of $389,900, which suggests the market range is similar—but actual sale prices depend on condition, upgrades, and buyer demand. A real estate agent can provide recent sold data.

2. The house was built in 1965. Should I expect major updates?
It depends on what’s been done since. Many homes from that era have had roof, furnace, and window replacements, but original electrical, plumbing, or insulation may still be in place. A home inspection would clarify. The age is fairly typical for Windsor Park, so local contractors are familiar with these builds.

3. Why is the living area rank much stronger on the neighbourhood level than on the street level?
The street has a mix of larger and smaller homes, so being top 11% is good but not exceptional. In the broader neighbourhood, however, many homes are under 1,100 square feet, so this property’s 1,521 square feet jumps to the top 4%. It’s a matter of comparison pool size.

4. Is a 6,927-square-foot lot large enough for a garage or addition?
Yes, typically. Many Winnipeg lots in this range allow for a detached garage, and the lot depth is usually sufficient for a rear extension, subject to zoning bylaws. Check with the city for specific setback requirements, but the lot is well above average for the area.

5. How does this property rank for resale value compared to similar homes?
The combination of above-average living area and land area, paired with an assessment near the street median, suggests decent resale potential. Homes with more space than neighbours tend to hold value, especially in stable neighbourhoods like Windsor Park. That said, updates and curb appeal will always influence what buyers are willing to pay.