Property score
74.4
Good
Overall 74.4 · Smaller than most nearby homes
1,211 sqft (bottom 30%) · Built in 1978 (2 yrs older than avg)
Located in a high-income area with median household income of ~126k
Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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Property score
74.4 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110360
Community deep dive
$126K
Median household income
$128K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
Single-person households
36%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
above averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
724 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 106 m), 1 parks (nearest 218 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | Top 46% | Top 30% |
724 Cathcart Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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How to Get More Accurate Data
Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 724 Cathcart Street, Winnipeg
Property Overview: 724 Cathcart Street
Key Characteristics & Appeal
This 1978 one-storey home in Elmhurst sits on a large, mature lot of over 7,400 square feet, offering a sense of space and privacy that is increasingly rare. With 1,211 square feet of living space, a finished basement, and an attached garage, it provides practical, single-level living. Its appeal lies in its established neighborhood setting and strong value fundamentals. The property ranks highly for its lot size and assessed value within Winnipeg, indicating a solid investment in a desirable location. It recently sold close to its assessment, suggesting a stable market perception.
This home would suit first-time buyers looking for a move-in-ready property with room to grow outdoors, or downsizers seeking the convenience of a bungalow without sacrificing yard space. It’s a pragmatic choice for those who value neighborhood character over brand-new construction, and who see the long-term value in a large lot. The rankings suggest it offers more space and value for the money than many comparable city properties, appealing to the cost-conscious buyer who doesn’t want to compromise on land.
Frequently Asked Questions
1. How does the lot size compare to typical homes?
At 7,408 sqft, the lot is significantly larger than average, ranking in the top 14% across Winnipeg. This is one of the property's standout features.
2. Is the basement developed, and what is it like?
Yes, the basement is finished. The listing does not specify the rooms or finish quality, so this would be a key area to inspect in person to understand its current condition and layout.
3. The home was built in 1978. What should I be aware of?
While the rankings show it is newer than many Winnipeg homes, a property of this age will likely have had some updates. A thorough inspection is recommended to assess the condition of major systems like roof, windows, plumbing, and electrical.
4. How does the recent sale price relate to the assessed value?
The home sold for $415,000 in August 2024, which is slightly below its current assessed value of $439,000. This close alignment suggests the sale was in line with market and municipal valuation at that time.
5. What do the neighborhood rankings indicate?
The rankings show the property performs very well on lot size and value within its immediate area. For other metrics like living space and age, it falls more in the middle of the pack for Elmhurst, indicating it's a fairly typical, well-sized home for this established community.
Map & Street View
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