Property score
38.2
Below average
Overall 38.2 · Smaller and older than most nearby homes
440 sqft (bottom 1%) · Built in 1931 (18 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, and 2 parks nearby
Living Area
Below average
55% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 58%Tagalog · 27%
Past 10 years Robertson sales snapshot (~80% of all data)
591
310k
$334/sqft
1949
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38.2 is composed by the two sections below.
Property Score
Community Score
Robertson
How to read: Share of sales in each ~$50k price band for “robertson” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110045
$79K
Median household income
$92K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
26%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
393 Penninghame Street — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 383 m), 1 shopping (nearest 405 m), 2 parks (nearest 108 m).
Robertson · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 393 Penninghame Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, historically grounded home built in 1931, offering a highly affordable entry point into Winnipeg’s housing market. Its key characteristic is its modest scale, with a living area of 440 sqft—significantly smaller than area and city averages—situated on a roughly 3,000 sqft lot. The assessed value of $125k is well below local benchmarks, reflecting its size and basic footprint.
The primary appeal lies in its function as a minimal-maintenance asset or a straightforward investment vehicle. It suits buyers seeking a low-cost holding property, an investor looking for a rental with a very low tax and mortgage cost basis, or someone wanting absolute simplicity in living space. A less obvious perspective is its potential as a "blank slate" within an established neighborhood; its basic nature and older vintage could appeal to a buyer with a vision for a careful, customized renovation or expansion, starting from a very low acquisition cost. It is not suited for those requiring ample space or modern, move-in-ready finishes.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is primarily driven by the home's very small size (440 sqft), which is less than half the neighborhood average. Property assessments heavily factor in livable area, making this a lower-valued asset on that basis alone.
2. What type of renovation or expansion potential exists?
The lot size, while below average for the city, is consistent with others on the street and provides some ground space. Any expansion would need to consider the home's original 1931 construction and require appropriate permits and design to integrate with the existing streetscape.
3. How reliable are the sold price ranges shown?
The site uses publicly available, non-MLS data and shows prices in broad bands (e.g., CA$50k–100k). For precise historical sale figures, you must request a manual lookup from the site administrators, as they do not have access to official MLS sales records.
4. Is this a good investment for a first-time buyer?
It represents an extremely low financial barrier to entry for ownership. However, buyers must be comfortable with a very compact living environment and should budget for potential updates, as homes from this era may have aging core systems. It's a practical choice for prioritizing equity building over space.
5. How does the property compare to others on the street?
The home is consistent with the street's older housing stock but is at the lower end for both size and value on Penninghame Street itself. It ranks last on the street for both living area and assessed value, indicating it is the smallest and most affordable property in this immediate row.
