129-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,086 sqft (bottom 39%) · Built in 2000 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~77.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 place of worship nearby

Living Area

Below average

5% smaller than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Elmhurst sales snapshot (~80% of all data)

Sold Count

73

Median price

245k

$/sqft

$231/sqft

Avg build year

1996

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Property score

67.5 is composed by the two sections below.

Property Score

60.8Fair
Living Area52
1,086 sqftFair
Year Built84
2000Excellent
Neighbourhood Sales Activity37
Low

Community Score

77.5Good
Household Income76
Good
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health42
Low

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110352

Community deep dive

$78K

Median household income

$102K

Average household income

12%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.6

P90 / P10 ratio

46%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate47%
Median age58.0
Avg household size1.9
Unemployment rate11%
Population density3195 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households46%
Couple families with children19%
Median household income (2020)$78K

Housing

Renter households33%
Condominium dwellings25%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority4%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,086 sqft
0255075100
Same streetBottom 27%Same areaBottom 39%CitywideTop 39%
Same street · Cathcart Street
#44 / 60
Bottom 27% · Avg 1,164 sqft
Same area · Elmhurst
#90 / 148
Bottom 39% · Avg 1,140 sqft
Citywide · Winnipeg
#10,349 / 26,841
Top 39% · Avg 1,042 sqft

Tax-Assessed Value

around average
222k
0255075100
Same streetBottom 30%Same areaBottom 32%CitywideBottom 47%
Same street · Cathcart Street
#42 / 60
Bottom 30% · Avg 238.6k
Same area · Elmhurst
#101 / 148
Bottom 32% · Avg 274.4k
Citywide · Winnipeg
#14,265 / 26,841
Bottom 47% · Avg 256.1k

Year Built

Elite
2000
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 41%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

129-500 Cathcart Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 475 m), 1 education (nearest 497 m), 1 healthcare (nearest 465 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
Worship1

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

Sold 3/2018CA$200k–250k
Sold price

Same street

Bottom 22%

Same area

Bottom 25%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 129-500 Cathcart Street, Winnipeg

Property Summary: 129-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This property is a modest, well-situated home built in 2000, offering a practical and affordable entry point into Winnipeg’s Elmhurst neighborhood. Its primary appeal lies in its strong relative standing within its immediate area. The home ranks in the top 1% of its street for lot size and is newer than 99% of houses on the same street, suggesting it is among the larger, more modern properties in this specific locale. With 1,086 sqft of living space and a recent 2018 sale price of $220,000 (closely aligned with its current $222,000 assessment), it presents a stable, value-conscious option.

The home would suit first-time buyers or investors seeking a low-maintenance property without a basement or garage. Its exceptional rankings for lot size and age on its street hint at a potentially better-than-average outdoor space and building envelope for the block, offering a sense of relative value that isn't immediately apparent from the square footage alone. However, buyers should note its rankings drop significantly when compared to the broader community and city in terms of size and assessed value, indicating it is a more compact, economically priced home within the wider market.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this property compares to others in three areas: its specific street, the wider Elmhurst community, and all of Winnipeg. It excels in lot size and modern build on its own street, but is a more average-to-smaller sized home in the broader context.

2. Is the lack of a basement or garage a major drawback?
This depends on your needs. It means lower maintenance and no basement renovation costs or moisture concerns, but significantly reduces storage and utility space. It may also limit future expansion possibilities.

3. The 2018 sale price is very close to the current assessment. What does this suggest?
This indicates a stable, non-speculative value history in recent years. For a buyer, it suggests the price is likely grounded in market reality rather than sharp appreciation, potentially allowing for a more straightforward purchase near its assessed value.

4. Who would this property NOT be suitable for?
It would likely not suit growing families needing more space or multiple bedrooms, anyone requiring significant storage (e.g., for vehicles, hobbies, or possessions), or buyers prioritizing features like a garage or basement workshop.

5. The "land area" is listed as "—", but it ranks highly for lot size. Why is that?
While the exact square footage isn't provided, the ranking confirms that, for its street, the parcel of land is larger than most. This could mean a more generous yard or setback than neighbors, which is a key advantage even without the specific measurement.