Major Bennett, Peterborough - July 2026 Real Estate Report

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

If you live in Major Bennett and you haven't checked your HonestDoor Price lately, this is your sign. The market here is moving - and not always in the direction you'd hope. Here's the straight story on what's happening to home values on your street.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a real split in Major Bennett right now, and it matters depending on what you own.

Houses are taking a breather. The average HonestDoor Price for a house sits at $695,238 - but that number has slipped 3.50% from the previous period. The predicted market value comes in at $720,455, which is already pulling back from a 3-month moving average of $747,345. That's a meaningful drop in a short window. On the neighbourhood leaderboard, house growth in Major Bennett ranks 22 out of 25 comparable neighbourhoods in Peterborough. That puts us near the bottom of the pack right now. Not a panic moment, but not a reason to sit on your hands either.

• Average HonestDoor Price (Houses): $695,238
• Recent price change: -3.50%
• Predicted market value: $720,455
• 3-month moving average: $747,345
• Growth rank: 22 out of 25 in Peterborough
• Estimated rent: $3,239/month
• Rental yield: 5.24% - that's a strong return
• Airbnb estimate: $161/night

Condos are a different conversation entirely. If you own a condo here, you're actually sitting in a better spot. The average HonestDoor Price is $386,586, up 3.28% from the previous period. The predicted value of $374,323 is climbing above the 3-month moving average of $367,835 - that's the right direction. On the leaderboard, condo growth in Major Bennett ranks 8 out of 22 comparable neighbourhoods. That puts us solidly above average in Peterborough. Condo owners, your asset is quietly doing its job.

• Average HonestDoor Price (Condos): $386,586
• Recent price change: +3.28%
• Predicted market value: $374,323
• 3-month moving average: $367,835
• Growth rank: 8 out of 22 in Peterborough
• Estimated rent: $2,029/month
• Rental yield: 4.08% - moderate but steady
• Airbnb estimate: $101/night

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that house values in Major Bennett have shifted by over 4% in recent months. It doesn't know what the 3-month trend looks like. It's basically a photo from a party that ended a while ago.

The HonestDoor Price is updated in real time. It's pulling in current market signals, not last year's data. For house owners in Major Bennett, that gap between the static assessment and the live HonestDoor Price could mean you're either overpriced or underpriced without knowing it. With values moving the way they are right now - down for houses, up for condos - that real-world check isn't just useful. It's necessary.

Think of it this way: if you were selling a car, you'd check what it's worth today - not what the dealer said it was worth two years ago. Your home deserves the same treatment.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Major Bennett and selling is on your radar, the data is telling you something worth hearing. Values have dropped roughly 4% recently and the 3-month trend is pointing downward. Waiting to see if things bounce back is a gamble. Summer typically brings more buyers to the table, and right now you'd be priced higher than nearby Lansdowne ($637,021) and Sir Sandford Fleming ($593,078) - which means you have a relative advantage, but that window doesn't stay open forever.

If you own a condo, you're in a stronger position to be patient. Values are climbing, the growth rank is above average, and the rental yield of 4.08% means holding it as an income property is a real option while you watch the market.

Either way, the smartest first move is the same: check your HonestDoor Price today. Not your assessment. Not a guess. The actual number - so you can make a decision based on what your home is worth right now, not what someone estimated it was worth before the market started moving.

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.