538 Cathcart Street

Elmhurst, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Larger and newer than most nearby homes

1,842 sqft (top 25%) · Built in 1987 (7 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 place of worship nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

7 yrs newer 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

81.7 is composed by the two sections below.

Property Score

84.5Excellent
Living Area89
1,842 sqftExcellent
Year Built78
1987Good
Lot Size91
7,681 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

Elite
1,842 sqft
0255075100
Same streetTop 3%Same areaTop 25%CitywideTop 16%
Same street · Cathcart Street
#5 / 198
Top 3% · Avg 1,237 sqft
Same area · Elmhurst
#370 / 1,480
Top 25% · Avg 1,523 sqft
Citywide · Winnipeg
#30,320 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

Elite
501k
0255075100
Same streetTop 4%Same areaTop 30%CitywideTop 20%
Same street · Cathcart Street
#8 / 198
Top 4% · Avg 406.8k
Same area · Elmhurst
#440 / 1,480
Top 30% · Avg 460.2k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

Elite
1987
0255075100
Same streetTop 3%Same areaTop 13%CitywideTop 25%

Lot Size

above average
7,681 sqft
0255075100
Same streetTop 26%Same areaTop 31%CitywideTop 13%

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

538 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

538 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: 538 Cathcart Street, Winnipeg

Property Overview & Key Characteristics

This 1987-built two-storey home in Elmhurst offers a well-established, spacious family footprint on a large lot. Its key appeal lies in the combination of generous interior space (1,842 sqft, ranking in the top 2% on its street) and a substantial, private yard (7,681 sqft). The home features a finished basement and an attached garage. Its standout characteristic is its strong overall value position within Winnipeg, ranking higher than 87% of city homes for lot size and 86% for living area. The property is not just large, but also well-situated within its established neighbourhood, outperforming most nearby homes in terms of size, assessed value, and relative modernity.

The home suits buyers looking for move-in-ready space without a new-build price tag. It's ideal for a growing family that prioritizes indoor and outdoor room to grow over a brand-new construction. It also appeals to the value-conscious buyer who understands that its high percentile rankings in key metrics—like being in the top 3% of its street for assessed value—signal a property that has historically held solid equity and desirability in its local market.

Frequently Asked Questions

1. What does the "finished basement" entail?
The listing confirms a finished basement, which adds valuable flexible living space. Prospective buyers should inquire about the finish quality, ceiling height, and whether it includes a proper egress window to understand its full functionality and safety.

2. How does the 1987 build year affect the home?
Built in 1987, the home is past its initial depreciation but is also from an era with modern wiring and plumbing standards. Buyers should be prepared for the potential updating of original components, such as windows, roof, or major appliances, which may be nearing the end of their service life, while appreciating the mature landscaping and settled structure.

3. The lot is large, but how is it oriented and landscaped?
At over 7,600 sqft, the lot offers exceptional outdoor potential. The value of this space heavily depends on its orientation (for sun exposure), current landscaping (maintenance level), and privacy. This is a key feature to assess in person or via street view.

4. What is the significance of the high percentile rankings?
These rankings show the property is a top performer in its immediate area for size and value. For example, ranking in the top 14% in Winnipeg for living area means it offers more space than the vast majority of city homes, which is a durable asset. It indicates you are buying a property that stands out in its peer group.

5. What is the neighbourhood character of Elmhurst?
As an established Winnipeg neighbourhood, Elmhurst typically offers a quiet, residential feel with mature trees and a mix of long-term residents. The high rankings within the community suggest this street is among the more desirable within the area. Buyers should visit at different times to gauge traffic and neighbourhood activity.