Property Overview
This home at 151 Matheson Avenue E in Winnipeg's Luxton neighborhood presents a solid, grounded opportunity. Built in 1940, it's a property that stands out more within its immediate community than it does across the wider city. Its appeal lies in offering above-average space and land for the area at a value-conscious price point. With 1,429 sqft of living space on a nearly 6,000 sqft lot, it provides more room than many neighboring homes. The assessed value of $295k is notably below the Winnipeg average, positioning it as an affordable entry into a mature neighborhood. This isn't a flashy, modern build, but a practical home that has been maintained within a stable streetscape of similar properties.
Key Characteristics & Ideal Buyer
The home's key characteristic is its strong local standing. It ranks in the top quarter of its street and neighborhood for both living area and lot size, meaning you get more physical space than most nearby homes. However, its assessed value is below the city average, suggesting a potential value proposition for the square footage offered. This creates a specific appeal: the chance to own a proportionally larger property in Luxton without the citywide price tag. It would suit a pragmatic, value-oriented buyer—perhaps a young family, a hands-on individual, or an investor—who prioritizes interior and yard space over a newer build or a central city location. The data suggests a buyer who sees value in established communities and is comfortable with a home that may require updates reflective of its era.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The assessed value of $295k is below the Winnipeg average of approximately $390k for comparable homes. This indicates a more affordable entry point into the market, though the home is also older and smaller than the citywide average.
2. Is the lot size a significant feature?
Yes. At 5,996 sqft, the lot is larger than most on Matheson Avenue E (top 26%) and significantly larger than the Luxton neighborhood average. This is a standout feature for outdoor space, gardening, or expansion potential.
3. What does the year built (1940) imply?
It places the home around the average age for its street but as a newer build compared to others in the Luxton area. Buyers should anticipate the potential for updates to systems, windows, or insulation common to homes of this period.
4. Why is there no public sale history shown?
The platform does not source data from the MLS. A full transaction history and exact sale prices are available by request via email, which they provide manually.
5. How does this home rank for living space in its immediate area?
Very well. With 1,429 sqft, it offers above-average living space for both Matheson Avenue E (top 26%) and the Luxton neighborhood (top 28%), providing more interior room than many direct comparables.