696 Cathcart Street

Property Overview & Appeal

This 1977-built, one-storey home in Elmhurst offers a practical and spacious family layout on a large, 7,368 sqft lot. Its key characteristics include a fully finished basement, an attached garage, and 1,226 sqft of living space. The appeal lies in its above-average lot size, which provides ample outdoor room and ranks within the top 14% of all Winnipeg properties for land area. The home presents a solid, move-in-ready foundation with room for personal updates.

It would suit first-time buyers or growing families looking for a established neighbourhood with space to spread out. The property also appeals to value-conscious buyers who prioritize a generous yard over a newer build, and who see potential in a home that ranks well in overall assessed value for the city.

Frequently Asked Questions

1. How does the age of the home affect its condition and potential costs?
Built in 1977, major systems like the roof, windows, or furnace may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for any necessary updates, though the home's overall assessment ranks favourably.

2. What are the advantages of such a large lot?
The lot size is a standout feature, offering exceptional space for gardening, play, or future additions like a deck or shed. It provides a sense of privacy and room that is harder to find in newer subdivisions.

3. The home ranks lower for "newness" in the community. What does this mean?
This indicates the immediate neighbourhood has many newer homes. While this home is older, it often results in more mature landscaping and established streetscapes. The trade-off is character and lot size versus modern construction.

4. Is the finished basement included in the listed living area?
No, the 1,226 sqft living area refers to above-ground space. The fully finished basement provides additional, valuable living space that is not reflected in that official square footage figure.

5. What do the percentile rankings actually tell a buyer?
They show how this property compares to others in the area. For example, ranking higher than 86% of Winnipeg for lot size is a significant advantage, while ranking in the middle ranges for living area suggests a comfortably sized, typical family home for the region.