15 Penfold Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1,120 sqft bungalow, built in 1966, sits on a 5,250 sqft lot in Winnipeg’s Windsor Park neighbourhood. The property’s main appeal is its position within the neighbourhood: while the house is around average for its street and the city in terms of size and age, it ranks notably well within Windsor Park itself. The living area is above average for the area (top 29%), and the year built places it in the top 7% of homes in the neighbourhood—meaning it’s newer than most nearby houses. This gives it a subtle advantage in a mature, established part of the city where many homes are older.
The assessed value sits at $357,000, slightly below the citywide average but roughly on par with the neighbourhood median. The trade-off is the land: at 5,250 sqft, the lot is below average for Windsor Park (top 84%), so buyers shouldn’t expect a deep backyard. The appeal here is practical, not flashy—a well-sized, decently aged home in a stable inner-ring suburb, with no obvious red flags from the data. It would suit a first-time buyer looking for a solid entry point into a family-oriented neighbourhood, or someone wanting slightly newer construction than what’s typical in Windsor Park without paying a premium for a full renovation house.
Frequently Asked Questions
1. How does this home compare to others on Penfold Crescent?
It’s fairly typical for the street. The living area and year built are around average, and the assessed value is slightly below average. The lot is a bit smaller than most on the block. It’s not a standout on the street itself, but it plays well within the wider neighbourhood.
2. Is the lot size a concern?
It depends on your expectations. At 5,250 sqft, it’s smaller than the neighbourhood average (6,030 sqft) and ranks in the bottom 16% of Windsor Park. If you want a large yard for gardening or expansion, this likely isn’t the one. But for a manageable, low-maintenance outdoor space, it’s fine.
3. Why is the living area considered “above average” for the neighbourhood but only “around average” citywide?
Because Windsor Park has many smaller homes, so this 1,120 sqft place looks generous by local standards. Across all of Winnipeg, though, the average comparable home is larger (1,342 sqft), so it falls back to the middle of the pack. It’s a classic case of being a bigger fish in a smaller pond.
4. How does the year built affect value?
The 1966 build is notably newer than the typical Windsor Park home (average 1961). That can matter for things like foundation type, wiring, and insulation standards—though it’s not new enough to be considered modern. It puts the house in a sweet spot: older than a 90s build, but newer than many of its neighbours.
5. Is the assessed value a good deal relative to the neighbourhood?
Roughly yes. At $357k, it’s near the neighbourhood average of $354k, but below the street average ($390k). If the street skews higher due to a few pricier homes, this could represent fair value for a solid, unremarkable property. It’s not a steal, but it’s not overpriced either—assuming condition backs it up.