31 Penrose Place

Windsor Park, Winnipeg

Property score

69.1

Good

Overall 69.1 · Larger and newer than most nearby homes

1,186 sqft (top 20%) · Built in 1966 (5 yrs newer than avg)

Located in a high-income area with median household income of ~96k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 park, 1 sports facility, and 1 fuel station nearby

Living Area

Above average

9% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 77%French · 9%

Past 10 years Windsor Park sales snapshot (~80% of all data)

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

69.1 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,186 sqft60Fair
Year Built196652Fair
Lot Size6,052 sqft81Excellent
Neighbourhood Sales Activity42Low

Community Score

81.9Excellent
Household Income83Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110523

Community deep dive

$96K

Median household income

$110K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

23%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)263
Labour force participation rate61%
Median age42.4
Avg household size2.5
Unemployment rate11%
Population density3287 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households23%
Couple families with children23%
Median household income (2020)$96K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority16%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,186 sqft
0255075100
Same streetTop 46%Same areaTop 20%CitywideBottom 48%
Same street · Penrose Place
#12 / 26
Top 46% · Avg 1,211 sqft
Same area · Windsor Park
#651 / 3,307
Top 20% · Avg 1,091 sqft
Citywide · Winnipeg
#100,455 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
394k
0255075100
Same streetTop 35%Same areaTop 12%CitywideTop 40%
Same street · Penrose Place
#9 / 26
Top 35% · Avg 375.5k
Same area · Windsor Park
#381 / 3,307
Top 12% · Avg 354.2k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1966
0255075100
Same streetTop 50%Same areaTop 7%CitywideBottom 48%

Lot Size

above average
6,052 sqft
0255075100
Same streetTop 35%Same areaTop 36%CitywideTop 29%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

31 Penrose Place — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 472 m), 1 parks (nearest 374 m).

Search radius
🏫Education2
🌳Parks1
💪Sports1
Fuel Stations1

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 5/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 47%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 31 Penrose Place, Winnipeg

31 Penrose Place – Property Summary

Key Characteristics & Buyer Profile

This is a 1,186 sqft home built in 1966 on a 6,052 sqft lot, located in the Windsor Park neighbourhood of Winnipeg. Its appeal is largely about relative value within the neighbourhood. The property ranks in the top 12% of Windsor Park homes by assessed value (currently $394k) and top 7% by year built, meaning it's newer than most homes in the area. The living area is slightly above the neighbourhood average but sits right around the middle of the street and city overall.

The land area is a standout citywide—ranking in the top 29% across Winnipeg—which suggests good outdoor space compared to many other properties in the city, even if it's average for the immediate street. The overall picture is a home that offers solid neighbourhood-level positioning without being an outlier on its block.

This property would suit buyers who prioritize being in Windsor Park and want a home that's newer and higher-valued relative to neighbouring properties, rather than seeking the largest living space or a fixer-upper bargain. It may also appeal to someone who values lot size over interior square footage, or who sees the assessed value as a sign of stable long-term investment in the area.


Frequently Asked Questions

1. How does this home compare to others on Penrose Place?
It's right in the middle of the street overall. It ranks 9th out of 26 homes for assessed value and land area, and 12th for living area. It's not the biggest or most expensive on the block, but it's comfortably above average.

2. Is the assessed value a fair reflection of the home's market price?
Assessed value is a snapshot used for property tax purposes, not a market appraisal. In Windsor Park, this home ranks in the top 12%, which is strong, but market price depends on condition, updates, and current demand. It's best used as a relative benchmark, not a firm price.

3. Why does the living area rank lower than the assessed value?
Living area here is only slightly above the neighbourhood average (top 20%), while assessed value is much higher (top 12%). That suggests the home's value comes partly from factors other than square footage—like lot size, age, or upgrades—rather than pure interior space.

4. How does the lot size compare to the city overall?
The 6,052 sqft lot is in the top 29% citywide, which is above average for Winnipeg. Within Windsor Park, it's more average (top 36%), and on the street it's again middling (top 35%). So you're getting a decent-sized lot by city standards, but nothing exceptional for the neighbourhood.

5. Is the 1966 build date a concern?
It's newer than most homes in Windsor Park (top 7% in the neighbourhood), which is a plus. On the street and citywide, it's exactly average. 1966 is a common vintage in Winnipeg, so maintenance history and updates are more important than the year alone.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.