Property Overview: 1783 Mathers Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1783 Mathers Avenue is a 1,100 sqft bungalow built in 1957, situated on a 4,993 sqft lot. Its key characteristic is its position as a more modest and affordable entry point within its established Mathers neighbourhood. The data shows its living area and assessed value are below the local street average but align more closely with broader area and city-wide averages for similar homes. It last sold in the $300k-$350k range in 2023.
The appeal lies in its value proposition. It offers the benefits of a mature, sought-after neighbourhood—like tree-lined streets and community stability—at a potentially accessible price point. It represents an opportunity to own a character home with a decent-sized yard, ideal for those willing to put personal touches on a property over time. This home would suit first-time buyers seeking neighbourhood over sheer square footage, downsizers looking to rightsize into a manageable single-level layout, or value-focused investors attracted to the area's fundamentals. A thoughtful perspective is that a home ranking "below average" on its own street for size and value can be a strategic find, allowing for equity growth through updates while being insulated by the overall desirability of the location.
Section 2: Frequently Asked Questions
1. Is this house significantly smaller than its neighbours?
Yes, the data indicates it is. With 1,100 sqft of living area, it ranks in the bottom 3% (129 out of 131) on Mathers Avenue itself, where comparable homes average about 1,816 sqft. This is the primary factor in its lower assessed value relative to the immediate street.
2. How does it compare to the wider area and city?
When compared to the broader Mathers area and Winnipeg city-wide, the home is much more typical. Its living area and year built are around the 60th percentile (around average), and its lot size is just below average. This context is important; it's a compact home on a standard lot for the city, situated on a street of larger properties.
3. What does the sold price history tell us?
It sold between $300,000 and $350,000 in 2023. This price range placed it in the top 95% for value on its street at the time, but only around the top 50% (average) city-wide. This highlights the premium for location, even for a smaller home on this avenue.
4. How can I find out the exact past sold price?
The provider states that exact sold prices are verified manually from their data sources. You can submit your email address via the button on the listing page to request the precise figure, which they aim to provide by the end of the same business day.
5. Where can I see more context about the location?
A dedicated neighbourhood analysis page is available, showing the property on a map alongside nearby houses. This tool allows you to visually compare key metrics like year built, lot size, and assessed value with the immediate surroundings.