573 Cathcart Street

Elmhurst, Winnipeg

Property score

65.4

Good

Overall 65.4 · Smaller and older than most nearby homes

1,062 sqft (bottom 15%) · Built in 1970 (10 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

30% smaller than neighborhood avg.

Year Built

Below average

10 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

65.4 is composed by the two sections below.

Property Score

57.4Fair
Living Area52
1,062 sqftFair
Year Built52
1970Fair
Lot Size93
8,994 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
1,062 sqft
0255075100
Same streetBottom 28%Same areaBottom 15%CitywideBottom 35%
Same street · Cathcart Street
#142 / 198
Bottom 28% · Avg 1,237 sqft
Same area · Elmhurst
#1,255 / 1,480
Bottom 15% · Avg 1,523 sqft
Citywide · Winnipeg
#126,770 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
391k
0255075100
Same streetBottom 41%Same areaBottom 25%CitywideTop 41%
Same street · Cathcart Street
#116 / 198
Bottom 41% · Avg 406.8k
Same area · Elmhurst
#1,103 / 1,480
Bottom 25% · Avg 460.2k
Citywide · Winnipeg
#79,099 / 194,458
Top 41% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetBottom 20%Same areaBottom 17%CitywideTop 48%

Lot Size

above average
8,994 sqft
0255075100
Same streetTop 7%Same areaTop 17%CitywideTop 8%

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

573 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

573 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: 573 Cathcart Street, Winnipeg

Property Overview

This 1970-built one-storey home in Elmhurst presents a compelling opportunity centered on its generous, mature lot. Its primary appeal lies in the exceptional outdoor space—a nearly 9,000 sqft property that ranks in the top tier for size within its street, neighborhood, and Winnipeg overall. The home itself offers 1,062 sqft of living space with a finished basement and a split garage, representing a functional, no-frills layout. It would suit a practical buyer looking for a solid foundation in a well-established area, whether that's a first-time homeowner, someone seeking a manageable property with room to garden or expand, or an investor attracted by the below-average assessment value relative to the lot's potential. The appeal is less about the home's current finishes or modern features and more about the long-term value and possibilities afforded by such a sizable parcel of land in the city.

Key Considerations & FAQs

1. What does the ranking data actually mean?
The provided rankings compare this property to others on its street, in Elmhurst, and across all of Winnipeg. Key takeaways are that its land size is a major asset (ranking in the top 7-17%), while the house itself, in terms of age and size, is more average or modest compared to local benchmarks. The assessment value ranks higher than the home's size, suggesting the lot is a significant contributor to its official valuation.

2. Is the house outdated?
Built in 1970, the home is over 50 years old. The rankings indicate it is older than most in its immediate area. Buyers should budget for updates consistent with a home of this age and anticipate that its condition and systems will be a primary factor in its value and any offer price.

3. What are the real advantages of such a large lot?
Beyond simple outdoor space, a lot of this size (over 1/5 of an acre) offers rare potential in the city. It provides ample privacy, room for additions like a deck, workshop, or garage, and is a standout feature that future buyers will also value. It's a long-term asset that is increasingly difficult to find.

4. How does the finished basement impact living space?
The finished basement effectively adds usable square footage beyond the 1,062 sqft main floor, though the exact size and quality of the finish are not specified. It should be verified whether this space is legally considered living area and if it includes proper egress, as this affects functionality and value.

5. Why is the assessment value notably higher than the size ranking?
This discrepancy often highlights that the assessed value isn't driven solely by the home's square footage. In this case, the premium is almost certainly due to the substantial lot size, which is a key component of municipal property assessment. It indicates the land itself holds significant worth.