524 Cathcart Street

Elmhurst, Winnipeg

Property score

70.7

Good

Overall 70.7 · Older than most nearby homes

1,221 sqft (bottom 31%) · Built in 1971 (9 yrs older 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 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

70.7 is composed by the two sections below.

Property Score

66.2Good
Living Area66
1,221 sqftGood
Year Built58
1971Fair
Lot Size88
7,272 sqftExcellent
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” (Detached houses (non-condo), 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
1,221 sqft
0255075100
Same streetTop 45%Same areaBottom 31%CitywideTop 48%
Same street · Cathcart Street
#90 / 198
Top 45% · Avg 1,237 sqft
Same area · Elmhurst
#1,020 / 1,480
Bottom 31% · Avg 1,523 sqft
Citywide · Winnipeg
#93,614 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
381k
0255075100
Same streetBottom 34%Same areaBottom 21%CitywideTop 44%
Same street · Cathcart Street
#130 / 198
Bottom 34% · Avg 406.8k
Same area · Elmhurst
#1,164 / 1,480
Bottom 21% · Avg 460.2k
Citywide · Winnipeg
#84,777 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetBottom 29%Same areaBottom 22%CitywideTop 47%

Lot Size

above average
7,272 sqft
0255075100
Same streetTop 38%Same areaTop 40%CitywideTop 15%

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

524 Cathcart Street — 1 amenities found within 500 m, across 1 categories.

Search radius
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

524 Cathcart Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 524 Cathcart Street, Winnipeg

Property Overview

This 1971-built, one-storey home in Elmhurst offers a practical layout with 1,221 sqft of living space and a finished basement. Its most significant asset is the expansive 7,272 sqft lot, providing ample outdoor space that is increasingly rare. The home includes a detached garage and ranks highly for its lot size within Winnipeg, surpassing 85% of city properties. While the structure itself is of average size and age for its immediate area, the property’s overall assessed value sits above the Winnipeg median, suggesting its land value is a key driver. Its appeal lies in this land potential—whether for gardening, expansion, or future redevelopment—coupled with the move-in readiness provided by the finished basement.

It would suit a buyer looking for a solid, no-fuss bungalow who prioritizes yard space over a modern build. It’s a strong match for families, downsizers seeking single-level living with room for hobbies, or value-oriented investors who recognize the long-term asset of a large lot in a mature neighborhood. A less obvious perspective is that this property represents a balance: it offers stability in a settled community without the premium price of a newer home, allowing financial room for personalization or gradual updates.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Elmhurst, and across all of Winnipeg. For example, ranking in the top 15% city-wide for lot size means the property is larger than 85% of homes in Winnipeg, highlighting its standout feature.

2. Is the house in need of major updates?
Built in 1971, the home is over 50 years old. While it offers a finished basement for immediate living space, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is typical for homes of this vintage.

3. How does the lot size add value?
The large lot is a permanent asset that provides privacy, space for recreation or gardening, and future potential. It contributes significantly to the property's assessed value being higher than the Winnipeg median, as land is a scarce commodity.

4. Who is the typical buyer in this area?
Elmhurst attracts a mix of long-term residents, families drawn to the space and established community feel, and practical buyers looking for solid value. The neighborhood offers more room than newer subdivisions, often at a lower price per square foot of land.

5. What are the advantages of a one-storey home with a finished basement?
The main floor provides accessible, single-level living, which is ideal for many lifestyles. The finished basement effectively doubles the usable living area, offering flexible space for a family room, home office, or guest suite without increasing the home's footprint.