Property Overview: 23 Penticton Bay
Living Area: 1,053 sq ft
Land Area: 5,617 sq ft
Year Built: 1963
Assessed Value (Property Tax): $352,000
Key Characteristics & Buyer Profile
This is a 1963 bungalow on Penticton Bay in the Windsor Park neighbourhood of Winnipeg. The home sits on a relatively compact lot (5,617 sq ft) compared to others on the street—ranking near the bottom on land size—but its living space is close to average for the neighbourhood. The 1963 build year puts it slightly newer than many Windsor Park homes, and its assessed value is marginally below the street average but in line with the broader community.
The appeal here is subtle rather than obvious. The lot size, while small by street standards, is not unusual city-wide. This property suits buyers who want a mid-century home in a stable, established area without paying a premium for a larger yard or standout square footage. It’s a solid middle-of-the-pack option—not a fixer-upper needing major updates, not a top-tier showpiece. A buyer looking for a functional, realistically priced home near the median for the area would find this worth a closer look. Those prioritizing outdoor space or a large footprint may want to look elsewhere.
Five Possible FAQs
1. How does the land size compare to other homes in the area?
On Penticton Bay, this lot is smaller than average—ranking 55th out of 57 properties. Within Windsor Park, it’s closer to the norm, ranking in the 68th percentile. City-wide, it sits around the 40th percentile.
2. Is the assessed value reasonable for this property?
The assessed value ($352,000) is slightly below the street average ($366,000) and below the city-wide average ($390,000). It’s consistent with properties in the lower-middle part of the Windsor Park market.
3. When was the home built, and is that considered modern for this neighbourhood?
The home was built in 1963. That’s newer than many homes on Penticton Bay (where the average build year is also 1963, but the street rank is 6th out of 57) and notably newer than the Windsor Park average of 1961.
4. What type of buyer typically considers this property?
Buyers who want a mid-century home with average living space in a settled neighbourhood, without expecting a large lot or standout features. It’s practical for someone who values location and condition over yard size or prestige.
5. How does the property rank compared to others in Winnipeg overall?
Living area is in the 66th percentile city-wide, assessed value in the 53rd percentile, and build year in the 55th percentile. It’s a near-median property across most metrics, with land size being the main area where it falls behind local averages.