Key Characteristics & Buyer Profile

This is a 1,078 sqft single-family home built in 1966 on a 5,776 sqft lot, located on Penfold Crescent in Windsor Park, Winnipeg. Its assessed value for tax purposes is $361,000.

The property sits squarely in the middle of the statistical pack across nearly every metric. On its own street, the living space is slightly below average—ranking 65th out of 94 homes—but within the broader Windsor Park neighbourhood, it’s comfortably above the average home size. The land is similarly unremarkable: slightly smaller than the citywide average, but still within typical bounds. The home was built in 1966, which is older than the average on its street (1978) but newer than much of the surrounding neighbourhood (1961). The assessed value is below the street average but above the community average, reflecting a mix of modest finishes, original construction, and standard lot size.

The appeal here is not about standout features or curb appeal that demands attention. It’s about consistency and predictability. Nothing about the numbers suggests a fixer-upper or a renovation project demanding immediate work, but neither does it suggest a premium home that has been upgraded or expanded. This is a solid, mid-range, post-war bungalow or split-level in a well-established Winnipeg suburb. It suits buyers who want a functional home in a stable neighbourhood without paying a premium for a turnkey renovation or a larger lot. First-time buyers looking for something that is not a starter condo but also not a money pit will find it worth a look. So will downsizers who want a single floor of living space without the bells and whistles of a newer build. It’s also a reasonable match for investors looking for something that rents predictably, given the middle-of-the-road positioning across all comparisons.

Five FAQs

1. How old is the house, and has it been updated?
It was built in 1966. The data does not include renovation history. Buyers should check for updates to major systems (roof, furnace, electrical, windows) as part of a home inspection. A 1966 home on this street likely has had some updates, but the assessed value suggests no major, high-end renovation.

2. How do property taxes compare to other homes in Windsor Park?
The assessed value is $361,000. Taxes are based on that figure and the current mill rate. This is slightly above the neighbourhood average of $354,000 but below the street average of $390,000. Expect taxes to be close to the city median for a home of this size.

3. Is the lot big enough for a garage or an addition?
The lot is 5,776 sqft. It is small for the city overall (well below the city average of 6,570 sqft) but in line with neighbouring properties. Adding a detached garage or a modest addition is feasible, but check local zoning and setback requirements. Extending the footprint will reduce yard space, which is already tighter than many buyers expect.

4. How does this home compare to others on Penfold Crescent specifically?
It ranks 65th out of 94 homes in living area and 67th in assessed value on the street. That places it in the lower-middle range for both. It is not the smallest or cheapest home on the street, but it is not in the upper tier. Buyers looking at this street should expect comparable homes to be slightly larger or newer, and often priced a bit higher.

5. What kind of neighbourhood is Windsor Park?
Windsor Park is an established, mid-century residential area with a mix of post-war bungalows and split-level homes, mature trees, and close access to the Red River floodway parks and walking paths. It is not a trendy up-and-coming area, but it offers solid schools, good bus access, and a stable community. Homes here tend to sell steadily rather than quickly, and values hold rather than spike.