Property score
65.7
Good
Overall 65.7 · Smaller and older than most nearby homes
1,008 sqft (bottom 12%) · Built in 1972 (8 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
34% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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65.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110352
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
562 Cathcart Street — 1 amenities found within 500 m, across 1 categories.
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%
562 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
562 Cathcart Street is a well-established, single-story home in Winnipeg's Elmhurst neighbourhood. Built in 1972, its primary appeal lies in its generous, mature lot of over 7,000 square feet, offering significant outdoor space that is uncommon for many inner-city properties. The home itself is modest in size at 1,008 square feet and features a finished basement. Its key characteristics include a classic, low-maintenance bungalow style with no garage.
This property would suit first-time buyers, downsizers, or value-focused investors looking for a solid entry point into a mature community. Its strongest draw is the land itself, presenting a long-term opportunity for gardening, expansion, or future redevelopment. The home’s condition and systems, given its age, will be a primary consideration, but for the right buyer, it represents a chance to secure a large parcel in the city. The rankings provided suggest it holds its value well against Winnipeg averages, particularly on lot size, but is more average or below average within its immediate neighbourhood for factors like living space and recent updates.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the extent. Buyers should inquire about the quality of the finish, ceiling height, legal egress, and whether it includes a bathroom or separate living space to understand its true functional value.
2. How does the lack of a garage affect parking and storage?
With no garage, all parking will be on the driveway or street. The large lot may offer room to add a garage or shed in the future, subject to city bylaws. Assessing winter parking and storage needs for vehicles and belongings will be important.
3. The lot is large, but what is its condition and potential?
A lot of this size is a major asset. Buyers should consider the condition of existing trees, fencing, and landscaping. It's also wise to research any zoning restrictions or community guidelines that might affect future plans like adding a garage, a suite, or even a new build.
4. The home ranks lower within its own neighbourhood for size and age. What does this mean?
This indicates that many nearby homes may be larger or more recently updated. It doesn't necessarily reflect poorly on this specific property, but it suggests a more classic, affordable option in the area. It highlights the importance of comparing the home's condition and features directly against similarly priced listings in Elmhurst.
5. Given the age, what major systems might need attention?
A home from 1972 likely has original or older major components. A thorough inspection should focus on the roof, windows, plumbing, electrical (especially if not updated to modern service), and the heating system. The condition of these will be key to understanding immediate and future costs.
