65 Penticton Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,186 sqft single-family home built in 1964 sits on a 6,267 sqft lot in Windsor Park (Winnipeg). Its strongest feature is the land: the lot ranks in the top 14% on the street and top 26% citywide, meaning it’s noticeably larger than many nearby properties. The home itself is also a standout for its age—it’s one of the older houses on Penticton Bay (built before 95% of its neighbours), which often signals solid original construction and mature landscaping.
The assessed value of $378,000 sits slightly above the street and neighbourhood averages but remains below the citywide median for similar homes. This suggests the property offers more land and a more established build than many comparably priced listings.
Where the appeal lies: Buyers who value outdoor space, privacy, or room for additions will find the lot a clear advantage. The home’s location in a top-20% neighbourhood by both living area and value indicates it’s in a stable, desirable pocket of Windsor Park—not the flashiest area, but one with consistent demand. The 1964 build, while not historic, is from a period of solid mid-century construction that many renovators appreciate.
Who it suits: This property is best for buyers who are comfortable with a fixer-upper or cosmetic update. The living area is around average for the city, but the land is above average, so it appeals to those who may want to expand, landscape heavily, or build a garage or workshop. It’s less suited for someone seeking a turnkey, modern interior. Families, investors, or DIY homeowners with an eye for potential will see the most value here.
Five Possible FAQs
1. Is the house in good condition, or will it need major repairs?
The data doesn’t include inspection details, but the 1964 build and top-4% age ranking on the street mean it’s older than most neighbours. Expected updates for a home of this era include electrical, plumbing, windows, and roofing. A home inspection is strongly recommended. The lot size is a plus, but older homes can carry deferred maintenance.
2. How does the assessed value compare to recent sale prices in Windsor Park?
The $378k assessment is above the neighbourhood average of $354k but below the citywide average of $390k for comparable homes. Assessments aren’t always aligned with market price, so check recent sales on Penticton Bay and nearby streets. The top-22% neighbourhood ranking suggests prices here have held well relative to other parts of Winnipeg.
3. Is the area family-friendly, and what schools are nearby?
Windsor Park is a well-established neighbourhood with a mix of single-family homes, parks, and local amenities. It’s known for being quiet and walkable. For specific schools, check the catchment boundaries for École Windsor Park School (K-8) and Glenlawn Collegiate (9-12). Daycares and community centres are within a short drive.
4. What’s the street like for traffic, noise, and privacy?
Penticton Bay is a small side street, likely low-traffic and residential. The top-14% lot ranking means less neighbour proximity than average, which can mean more privacy and outdoor space. That said, older neighbourhoods may have narrower streets or less off-street parking—worth verifying in person.
5. Could this property be redeveloped or subdivided?
The 6,267 sqft lot is above average for both the street and neighbourhood, but it’s not oversized for Winnipeg. Subdivision or secondary suites would depend on Winnipeg zoning bylaws for this specific parcel. Contact the city’s planning department or check the property’s zoning designation. Many buyers in this area instead opt for an addition, garage, or extensive landscaping.