Key Characteristics & Buyer Profile

This property at 74 Penfold Crescent is defined above all by its interior space. With 2,044 square feet of living area, it ranks in the top 2% on its street and the top 1% across the entire Windsor Park neighbourhood. That means it offers roughly 60% more floor area than typical homes nearby. The assessed value is also high for the area—top 2% in Windsor Park—which reflects the home’s size and relative quality rather than any recent renovation or flashy upgrade.

The lot itself is average for the street at 5,773 square feet, so the space is mostly vertical. The house was built in 1965, which is older than the average on Penfold Crescent (1978) but actually newer than the typical home in the broader neighbourhood (1961). That combination—plenty of square footage on a standard lot, with a build date that lands in a solid mid-century sweet spot—gives it a practical, no-nonsense feel.

Who it suits: Buyers who want maximum interior space for their money, without paying a premium for a large yard or a newly built house. It would work well for a growing family needing room to spread out, or someone who plans to update gradually and build equity through sweat equity rather than location-driven appreciation. It is less suited to someone after a turnkey modern home or a property with land for gardening or expansion.

Five Frequently Asked Questions

1. How does the property’s age affect its practical condition?
Built in 1965, the home is older than most on its street but newer than the Windsor Park average. That era typically means solid construction with straightforward layouts. Buyers should expect systems (roof, furnace, windows) may be original or nearing end of life, but also that the structural bones are often reliable.

2. Why is the assessed value high if the house isn’t new?
The assessed value ranks in the top 2% for the neighbourhood, which is driven heavily by the home’s size—not necessarily by finishes or renovations. In older neighbourhoods, large mid-century homes often carry higher tax assessments simply because of their square footage.

3. What does the lot size actually mean for daily use?
At 5,773 square feet, the lot is essentially average for the street and slightly below the neighbourhood average. That means a modest backyard—enough for a patio and small garden, but not oversized. The value of the property is in the house, not the land.

4. How does this house compare to newer infill builds?
Newer homes in the area often have smaller footprints but higher price tags per square foot. This property offers significantly more interior space for a lower per-square-foot cost, but will likely require more maintenance and updates upfront.

5. Is Windsor Park a stable or changing neighbourhood?
Windsor Park is an established mid-century suburb with a mix of original owners and younger families moving in. The housing stock is consistent, and the area benefits from mature trees, solid schools, and proximity to amenities. It is not a hot spot for rapid gentrification, but it holds value steadily.