135 Penfold Crescent – Property Summary
Key Characteristics & Appeal
This home offers 1,461 square feet of living space on a 4,202-square-foot lot, built in 1989. Its main strengths are clear from the rankings: it sits in the top 1% of Windsor Park homes for newer construction, and the top 5% for assessed value in the neighbourhood. That means the property is relatively modern compared to the surrounding stock—most homes in the area date from the early 1960s. The living area is also generous for the street (top 16%) and well above the neighbourhood average.
The trade-off is the lot size. The land area is small both by street and neighbourhood standards—ranking in the bottom 14% on Penfold Crescent and bottom 4% in Windsor Park. Buyers should expect a compact yard rather than sprawling grounds. The assessed value of $415,000 sits slightly above the citywide average but stands out sharply against the neighbourhood average of $354,200, which reflects the newer construction and larger interior.
Who it suits: Buyers who prioritize a newer home with an efficient floor plan over a large yard. It would work well for someone downsizing from a older, larger property, a young family wanting move-in condition without renovation, or anyone who values a modern build in an established neighbourhood. The low-maintenance lot could also appeal to those who travel or want less outdoor upkeep. It’s less suited to buyers seeking land for gardening, expansion, or privacy.
Frequently Asked Questions
1. How does this home compare to others on Penfold Crescent?
It’s newer than most (top 11% on the street) and has more interior space than average. The assessed value is above the street average, but the lot is notably smaller—most neighbours have more yard.
2. Is this a good investment for the neighbourhood?
The home’s value already sits well above the Windsor Park average, which suggests it’s priced for its condition and age rather than for future land appreciation. The small lot limits upside from redevelopment, but the newer build means fewer immediate maintenance costs.
3. Why is the assessed value high relative to the neighbourhood if the lot is small?
Assessed value reflects living area, condition, and year built more than lot size alone. In an older neighbourhood like Windsor Park, a home built in 1989 with close to 1,500 square feet commands a premium regardless of the land.
4. How does the citywide ranking affect resale?
The property ranks near the middle citywide for value and living area, but top-tier within its immediate area. Resale appeal will likely come from local buyers wanting a newer home in Windsor Park, rather than from someone searching citywide for land size or absolute value.
5. What should I look out for during a viewing?
Check how the smaller lot affects outdoor living—whether there’s room for a patio, garden, or play area. Also confirm the interior layout works with the square footage; some newer homes in this range favour open plans, which can reduce private space. And since it’s nearly 35 years old, review the condition of the roof, windows, and mechanical systems.