31 Penfold Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1967-built home on Penfold Crescent offers 1,272 sq ft of living space on a 5,776 sq ft lot. Its assessed value is $407,000.
The property performs strongest within its Windsor Park neighbourhood. It ranks in the top 12% for living space and top 7% for assessed value locally, both notably above the community averages of 1,091 sq ft and $354,000. The lot size is close to the neighbourhood average. The build year (1967) is also well-regarded in the area, ranking in the top 5% locally, though it is slightly older than the street average (1978). City-wide, the home sits near the middle for all metrics.
The appeal here is solid, unflashy value within a stable, established neighbourhood. It’s not a standout on its street or across the city, but it offers above-average space and value relative to other homes in Windsor Park. This suits a buyer who prioritises a good location and solid fundamentals over a showy or recently renovated property. It would be a particularly good fit for someone who wants a home that is already competitive in its immediate area without paying a premium for a top-tier position on the street or a brand-new build.
Frequently Asked Questions
1. This property seems average for its street. Why is that significant for me?
Being in the middle of the pack on Penfold Crescent means the home is likely priced in line with its immediate neighbours. You’re less likely to overpay for the street, and the home blends into the existing character of the block. The real advantage is how it compares to the wider Windsor Park neighbourhood, where it offers more space and higher assessed value than the average home.
2. The assessed value of $407,000 is above the neighbourhood average. How does that affect taxes and buying power?
Assessment is the city’s estimate of market value used to calculate property taxes. A higher assessment than the neighbourhood average ($354,000) means your annual taxes will likely be higher than some other homes in Windsor Park. However, it also signals the property may hold its value better in that local market. For a buyer, this means looking at the actual tax bill (not just the assessment) and factoring that into monthly costs.
3. With a 1967 build, what should I be aware of that a newer home might not have?
Homes from that era often have good bones – solid framing, mature trees, larger room sizes – but systems may be original or near the end of their lifespan. Heating, electrical, plumbing, and roof age are worth a close inspection. The benefit is that the house has a proven track record in the neighbourhood (top 5% for build year locally) and may have had thoughtful updates over the years, which is common for well-maintained properties in a desirable area.
4. The lot is 5,776 sq ft. Is that considered small or large for this area?
It's very close to the average lot size on the street (5,876 sq ft) and in the neighbourhood (6,030 sq ft). It’s not a generous lot by city-wide standards, but it’s entirely typical for Windsor Park. It suggests manageable yard maintenance and a standard setback, which is appealing for buyers who want outdoor space without the burden of a large, time-consuming lawn.
5. I see the ranking system. How should I actually use these percentiles when deciding?
Look for consistency. This home performs well in its neighbourhood (top 12% for space, top 7% for value) but is average street- and city-wide. That’s a sign it’s a strong local pick, not a city-wide trophy. A home that is top 10% in all three rankings across all metrics would be a rare find and priced accordingly. Here, the sweet spot is the neighbourhood strength – if you want a good home in a good community without paying a street premium, this is a solid candidate.