460 Penninghame Street

Property Overview: 460 Penninghame Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 900 sqft home, built in 1958, presents a solid, value-conscious option in the Robertson neighborhood. Its key appeal lies in its strong standing within its immediate context. The home is above average for its street in both size and assessed value, suggesting it's a well-regarded property on a block of older homes. Notably, its 1958 build date is significantly newer than most in Robertson, potentially meaning fewer age-related concerns than neighborhood peers.

The property suits practical, first-time buyers or investors looking for an affordable entry into the Winnipeg market. It offers a manageable size and lot (3,101 sqft), with a city-wide assessed value well below the Winnipeg average, indicating lower property taxes. The appeal is one of relative value: you're acquiring a home that stands out on its street and in its neighborhood for its era and condition, without paying the premium associated with larger, newer city-wide averages. A thoughtful perspective is that this home may offer a "sweet spot" of modernized infrastructure from the late 1950s, nestled on a street with the established character of an older area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold between $250k-$300k in September 2023. That sale price ranked in the top 7% for its street and top 22% for Robertson, indicating it commanded a strong price relative to its immediate area at that time.

2. Is the living space small compared to other Winnipeg homes?
Yes, at 900 sqft, it is below the Winnipeg average. However, it is above the average for its own street and near the average for the Robertson neighborhood, making it a typically-sized home for its specific, established community.

3. What does the "Elite" ranking for Year Built in Robertson mean?
It means this 1958 home is among the newest 4% of comparable homes in the entire Robertson neighborhood, where the average build year is 1949. This is a significant advantage in an area with many early 20th-century homes.

4. Is the lot size a drawback?
The lot is smaller than both neighborhood and city averages. However, it is around average for Penninghame Street itself. This means lower maintenance, which could be a benefit for some, but offers less outdoor space than many other Winnipeg properties.

5. How can I verify the exact historical sold price?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sold figures are not displayed. You can request the exact sale history via email from the site, which they will provide manually without using your email for marketing.