Major Bennett, Peterborough - August 2026 Real Estate Report

Major Bennett, Peterborough: What Your Home Is Actually Worth Right Now

The Vibe on the Ground

If you live in Major Bennett and you haven't checked your home's value lately, now is the time to pay attention. The market here is sending mixed signals depending on what type of property you own - and the gap between houses and condos is pretty significant.

Houses: Holding Strong, But Watch the Trend

The average HonestDoor Price for a house in Major Bennett sits at $716,602 - up 3.30% from the previous period. That's real money in your pocket on paper. But here's the thing worth watching: the predicted market value right now is $693,709, and that number is sliding down from a 3-month moving average of $720,535. In plain English, houses here saw a recent dip of about 3.52%.

• Average HonestDoor Price: $716,602 (up 3.30%)
• Predicted market value: $693,709
• 3-month moving average: $720,535
• Recent value change: -3.52%
• Estimated monthly rent: $3,239
• Rental yield: 5.28% - that's a strong return for landlords
• Neighbourhood growth rank: 17 out of 25 in Peterborough

That growth rank of 17 out of 25 puts us in the below-average tier on the Peterborough neighbourhood leaderboard. We're not at the bottom, but we're not climbing the charts either. For context, a house here still comes in higher than nearby Lansdowne ($667,269) and Sir Sandford Fleming ($611,000) on predicted value - so we're holding a relative edge on the street.

Condos: A Different Story

Condo owners in Major Bennett need to look at this closely. The average HonestDoor Price dropped 4.71% to $368,361. That's a meaningful pullback. The one bright spot - the predicted value of $386,586 is actually trending up from the 3-month moving average of $373,481, so there may be a small recovery building.

• Average HonestDoor Price: $368,361 (down 4.71%)
• Predicted market value: $386,586
• 3-month moving average: $373,481
• Recent value change: +3.28%
• Estimated monthly rent: $2,029
• Rental yield: 4.05% - moderate, but workable
• Neighbourhood growth rank: 19 out of 22 in Peterborough

A growth rank of 19 out of 22 is a tough number to spin. Condos here are sitting near the bottom of the Peterborough leaderboard right now. And compared to nearby neighbourhoods like Lansdowne, Sir Sandford Fleming, and Kawartha - all of which are priced significantly higher for condos - Major Bennett is the budget option on the block. That can work in your favour if you're buying, but it's something sellers need to price around carefully.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the honest truth about your city assessment - it's a snapshot from the past. The Municipal Property Assessment Corporation updates values on a cycle that can lag real market conditions by years. Your HonestDoor Price is updated in real time using actual sales data, current market trends, and neighbourhood-level signals. Right now, with house values shifting by 3.52% in one direction and condo values moving 4.71% in another, a stale government number could cost you real money - either by underpricing when you sell or overpaying when you buy. Check your HonestDoor Price today, not when the next assessment rolls around.

The So What - Thinking About Selling This Summer?

If you own a house in Major Bennett and you're thinking about listing this summer, the window is real but it requires smart pricing. The 3-month moving average of $720,535 tells us buyers were willing to pay more just recently. The current predicted value of $693,709 means the market is taking a breather. Price it right and you can still capture strong interest - especially since rental demand here is solid at $3,239 a month and a 5.28% yield. Investors are watching.

If you own a condo, be honest with yourself about the competition. Nearby neighbourhoods are priced higher, which means buyers shopping the area have options. Your edge is value - lean into it with sharp pricing and a clean listing. The uptick in predicted value is encouraging, but this is not the moment to test the ceiling.

Bottom line - Major Bennett is a neighbourhood where knowing your exact number matters more than ever. Get your HonestDoor Price, compare it to what sold nearby, and make your move with real data behind you.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.