201-500 Cathcart Street

Elmhurst, Winnipeg

Property score

67.5

Good

Overall 67.5 · Newer than most nearby homes

1,092 sqft (bottom 43%) · Built in 1999 (3 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

Near average

4% smaller than neighborhood avg.

Year Built

Above average

3 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
1,092 sqftFair
Year Built84
1999Excellent
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
1,092 sqft
0255075100
Same streetBottom 35%Same areaBottom 43%CitywideTop 37%
Same street · Cathcart Street
#39 / 60
Bottom 35% · Avg 1,164 sqft
Same area · Elmhurst
#85 / 148
Bottom 43% · Avg 1,140 sqft
Citywide · Winnipeg
#9,997 / 26,841
Top 37% · Avg 1,042 sqft

Tax-Assessed Value

around average
225k
0255075100
Same streetBottom 37%Same areaBottom 34%CitywideBottom 48%
Same street · Cathcart Street
#38 / 60
Bottom 37% · Avg 238.6k
Same area · Elmhurst
#97 / 148
Bottom 34% · Avg 274.4k
Citywide · Winnipeg
#13,961 / 26,841
Bottom 48% · Avg 256.1k

Year Built

above average
1999
0255075100
Same streetBottom 48%Same areaTop 21%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

201-500 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 9/2024CA$250k–300k
Sold price

Same street

Top 8%

Same area

Top 33%

City-wide

Top 26%
Sold 3/2019CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 7%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 201-500 Cathcart Street, Winnipeg

Property Summary: 201-500 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This well-maintained, single-level home in Elmhurst offers a practical and comfortable living space. Built in 1999, it presents a modern layout with 1,092 sqft of living area. Its standout feature is its exceptional relative standing within the community: it ranks in the top 1% of homes on its street and the top 5% for its age in the neighborhood, suggesting a well-regarded and established location. The recent sale in September 2024 at $300,000 represents a significant increase from its 2019 price, indicating strong market confidence and appreciation in the area.

The appeal lies in its move-in readiness and positional strength within a desirable community, rather than expansive land or luxury amenities. It suits first-time buyers seeking a solid starter home in a mature neighborhood, downsizers looking for a manageable single-level layout without extensive upkeep, or investors attracted by the demonstrable value growth and stable rental demand in established Winnipeg communities. A thoughtful perspective is that while the home's size and assessed value are modest relative to the wider city, its elite rankings within its immediate locale highlight the premium placed on this specific pocket of Elmhurst, offering a sense of community and stability that isn't captured by square footage alone.

Frequently Asked Questions

1. What does the ranking data (e.g., "top 1% on its street") actually mean?
This means that, based on the available metrics (like lot size, age, or value), this property scores higher than the stated percentage of other homes in the comparison area. For example, being in the top 1% for its street in "size ranking" indicates it is on a larger lot than nearly all its immediate neighbors.

2. Why is the recent sale price so much higher than the city's assessed value?
Municipal assessments for tax purposes often lag behind rapid market shifts. The sale price reflects current buyer demand and the perceived market value, which in this case has risen sharply, while the assessment may be based on older data.

3. Is the lack of a basement or garage a major drawback?
It depends on your needs. The absence of these features means lower utility costs and less maintenance, which appeals to those seeking simplicity. However, it reduces storage space and may not suit buyers who require a workshop, parking shelter, or traditional basement recreation area.

4. The home ranks lower for size within Winnipeg. Is it considered small?
At 1,092 sqft, it is below the Winnipeg average for living area. This confirms it is a more compact, efficient home, which aligns with its likely appeal to those prioritizing location and community over sheer interior space.

5. What does the price history suggest about the neighborhood?
The 52% increase between the 2019 and 2024 sales points to robust demand and appreciation in this part of Elmhurst. It suggests the neighborhood is holding or increasing its value strongly, which is a positive indicator for future equity.