Property Overview: 1763 Mathers Avenue, Winnipeg
Key Characteristics & Appeal
This home is a study in contrasts, offering a practical entry point into Winnipeg’s Mathers neighbourhood. Built in 1959, it sits on a modest 4,325 sqft lot, which is smaller than most on its street but close to the city-wide average. The 1,310 sqft living area is also more compact than many immediate neighbours, yet it compares favourably to the typical Winnipeg home. Its assessed value is notably lower than others on Mathers Avenue, suggesting a potentially more accessible price point in a desirable area.
The appeal lies in this value proposition: it’s a chance to secure a home in a well-established area without the premium often attached to larger lots on the same block. It would suit first-time buyers or downsizers seeking a lower-maintenance property who prioritize location over sheer size. A thoughtful perspective is that the smaller lot and home scale could translate to lower utility and property tax burdens, while recent sale history indicates steady market interest. It’s a property for those who see the neighbourhood itself as the primary asset.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is below the average for Mathers Avenue, but above the average for both the broader Mathers area and the city of Winnipeg as a whole. This positions it as a more affordable option on its specific street.
2. Is the lot size a significant drawback?
While the lot is smaller than most on the street, it is near the city-wide average. It offers enough outdoor space for a garden or patio while requiring less maintenance than a larger yard.
3. What does the sale history tell us?
The property has sold three times since 2018, with each sale price range showing consistent growth. This indicates sustained buyer demand for homes in this location.
4. How old is the home, and what does that mean?
Built in 1959, the home is older than most on its street but typical for Winnipeg. Buyers should factor in the potential for updates or systems replacements common for a home of this age.
5. Where can I see more detailed comparisons?
You can view this property in the context of nearby homes for a direct comparison of lot size, year built, and value by using the neighbourhood analysis map link provided in the full details.