578 Cathcart Street

Elmhurst, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Smaller and older than most nearby homes

873 sqft (bottom 3%) · 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 park, and 1 place of worship nearby

Living Area

Below average

43% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

57.8 is composed by the two sections below.

Property Score

44.6Low
Living Area873 sqft32Low
Year Built197052Fair
Lot Size7,197 sqft88Excellent
Neighbourhood Sales Activity37Low

Community Score

77.5Good
Household Income76Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

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

below average
873 sqft
0255075100
Same streetBottom 9%Same areaBottom 3%CitywideBottom 14%
Same street · Cathcart Street
#180 / 198
Bottom 9% · Avg 1,237 sqft
Same area · Elmhurst
#1,436 / 1,480
Bottom 3% · Avg 1,523 sqft
Citywide · Winnipeg
#166,947 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
375k
0255075100
Same streetBottom 30%Same areaBottom 18%CitywideTop 45%
Same street · Cathcart Street
#139 / 198
Bottom 30% · Avg 406.8k
Same area · Elmhurst
#1,208 / 1,480
Bottom 18% · Avg 460.2k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

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

Lot Size

above average
7,197 sqft
0255075100
Same streetTop 45%Same areaTop 43%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

578 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 496 m).

Search radius
🌳Parks1
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 8/2024CA$350k–400k
Sold price

Same street

Bottom 41%

Same area

Bottom 37%

City-wide

Top 38%
Sold 6/2020CA$300k–350k
Sold price

Same street

Bottom 18%

Same area

Bottom 9%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 578 Cathcart Street, Winnipeg

Property Overview

This 1970-built one-storey home on a large 7,197 sqft lot in Elmhurst presents a specific and compelling value proposition. Its key appeal lies in the combination of a very generous, private yard—a rarity in the city—with a fully finished basement, offering functional space beyond its 873 sqft main floor. The recent sale price of $380,000 aligns closely with its assessed value, suggesting a stable, market-supported valuation.

The home suits practical buyers who prioritize land size and basement potential over a large main living area. It’s ideal for a first-time buyer seeking a manageable footprint with room to grow outdoors, or an investor looking for a property with solid fundamentals in a mature neighborhood. A thoughtful perspective is that while the living area ranks in a lower percentile, the property overall ranks in the top 15% in Winnipeg for lot size, highlighting that its primary asset is the land itself. It represents an opportunity to own a substantial piece of property where the future value may be more tied to the lot's potential than the current structure.


Frequently Asked Questions

1. How does the large lot size benefit me?
Beyond simple privacy, a lot of this scale (over 7,000 sqft) offers significant flexibility for gardening, recreation, adding a shed or workshop, and future expansion like a deck or patio. It's a feature that is increasingly difficult to find in established city neighborhoods.

2. The main floor is 873 sqft. Is that spacious enough?
The living area is compact, which suits efficient living and lower utility costs. Crucially, the fully finished basement effectively doubles the usable space, providing essential room for a family room, home office, or additional bedrooms that the main floor may not have.

3. The home was built in 1970. What should I be aware of?
While major systems may have been updated over the years, a home of this age warrants a thorough inspection. Pay special attention to the roof, original windows, and the plumbing/electrical systems to understand any upcoming maintenance or modernization needs.

4. The property ranks highly for lot size but lower for living area. What does this mean?
This contrast is the property's defining characteristic. It indicates you are purchasing a home valued for its land. For the right buyer, this is a positive: you gain a premium-sized yard while the price reflects the more modest living space, offering a unique trade-off.

5. The 2024 sale price is higher than the 2020 price. Is the neighborhood appreciating?
The increase from $320,000 in 2020 to $380,000 in 2024 reflects broader market trends. The fact that it sold very close to its assessed value suggests the price is viewed as fair and stable in the current market, not driven by speculation.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.