35 Penticton Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,319 sqft home built in 1963 sits on a 5,733 sqft lot in Windsor Park. Its main appeal is the living space: the house is noticeably larger than most others on its street (top 21%) and in the wider neighbourhood (top 10%), where the average home is under 1,100 sqft. The year built also stands out—at 1963, it’s one of the older, more established homes on Penticton Bay (top 11%), which can appeal to buyers looking for solid mid-century construction in a mature area.
However, the property trails in two respects. The assessed value of $346k is below the street average ($365.6k), and the lot is on the smaller side—ranking near the bottom of the street (top 95%) at 5,733 sqft versus the street average of 6,057 sqft. This suggests the house itself is generous, but the outdoor space is tighter than what’s typical nearby.
This home would suit a buyer who prioritizes interior square footage over yard size, and who values a well-established neighbourhood over a newer subdivision. It’s a good fit for someone looking for more room inside than the local market usually offers, without paying a premium for a large lot. The modest assessed value relative to the street also hints at possible upside if interior updates or market conditions shift.
Frequently Asked Questions
1. How does the living area compare to similar homes in Winnipeg?
City-wide, this home is around average—ranked in the top 40% with 1,319 sqft versus a city average of 1,342 sqft for comparable homes. It’s not unusually large by city standards, but it is well above average for its immediate street and Windsor Park neighbourhood.
2. Why is the assessed value below the street average if the house is bigger?
Assessed value reflects more than size—it accounts for condition, updates, and lot characteristics. The smaller-than-average lot (5,733 sqft vs. 6,057 sqft on the street) likely pulls the value down, even though the house itself is roomier. It could also indicate the property hasn’t been renovated as recently as some neighbours.
3. Is the lot size a concern for resale?
It depends on the buyer pool. In Windsor Park, the lot is only slightly smaller than the neighbourhood average (6,030 sqft) and ranks in the top 65%, so it’s not unusually small for the area. The bigger gap is on the street itself, where lots tend to be larger. Future resale may be narrower in appeal among buyers who want a big yard, but it’s not a red flag.
4. What does the “year built ranking” actually mean?
It means this home is older than most in the immediate area—built in 1963, ranked #6 out of 57 homes on Penticton Bay (top 11%). That can signal solid construction and established landscaping, but it also means systems (roof, furnace, windows) may be original or nearing replacement age. Worth checking.
5. How does the property compare to similar homes on the neighbourhood map?
The neighbourhood analysis page lets you see nearby homes side-by-side on a map, comparing living area, lot size, year built, and assessed value. It’s useful to see whether the smaller lot is typical for the block, and whether the lower assessed value is consistent with houses of a similar age in Windsor Park.