676 Cathcart Street

Property Overview & Appeal

This 1977-built, one-storey home in Elmhurst sits on a generous 7,333 sqft lot, offering a rare combination of space and established character. Its key characteristics include a fully finished basement, a split garage, and 1,104 sqft of living space. The appeal lies in its substantial, private lot—a canvas for gardeners or those seeking outdoor room—coupled with the practicality of a move-in-ready, single-level layout. It ranks highly city-wide for lot size (top 14%) and assessed value (top 38%), suggesting solid underlying value for the neighborhood.

This property would suit first-time buyers or downsizers looking for a manageable home without compromising on yard space. It’s also a pragmatic choice for value-oriented buyers who see potential in a home from the 1970s, appreciating its functional design and the stability of a mature, well-ranked Elmhurst location. A thoughtful perspective is that while the interior living area is modest, the expansive lot provides a unique opportunity for future expansion or creating an exceptional outdoor living area, something harder to find in newer subdivisions.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the top 14% city-wide for lot size means 86% of Winnipeg properties have a smaller lot, highlighting this as a key feature.

2. Is the finished basement included in the 1,104 sqft living area?
Typically, the listed living area (sqft) refers to above-ground, finished space. The fully finished basement is an additional area, adding significant functional space to the home's total usable footprint.

3. What are the implications of the home being built in 1977?
Homes from this era often feature straightforward, durable construction and practical floor plans. Buyers should budget for updates consistent with a home of this age, such as roofing, windows, or mechanical systems, while appreciating the established neighborhood and mature landscaping.

4. How does the split garage differ from a double garage?
A split garage typically refers to two separate single garage doors, often side-by-side but sometimes configured differently. This can sometimes offer more flexible usage or storage options compared to one wide double door, but it's wise to confirm the exact configuration.

5. Why is the city assessment value a useful metric here?
While not a market price, the assessment indicates the city's valuation for tax purposes. Ranking higher than 62% of Winnipeg homes suggests the property is considered above average in value, which can be a reassuring indicator of its equity and standing relative to the broader market.