741 Cathcart Street

Elmhurst, Winnipeg

Property score

79.6

Good

Overall 79.6 · Compared with neighbourhood average

1,606 sqft (top 41%) · Built in 1981 (1 yr newer than avg)

Located in a high-income area with median household income of ~114k

Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 88%Chinese · 1%

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

79.6 is composed by the two sections below.

Property Score

78.4Good
Living Area83
1,606 sqftExcellent
Year Built73
1981Good
Lot Size81
6,047 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

81.5Excellent
Household Income90
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health68
Good

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: #46110359

Community deep dive

$114K

Median household income

$125K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)684
Labour force participation rate65%
Median age43.2
Avg household size2.5
Unemployment rate8%
Population density2358 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children35%
Median household income (2020)$114K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)4%
Visible minority5%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,606 sqft
0255075100
Same streetTop 16%Same areaTop 41%CitywideTop 25%
Same street · Cathcart Street
#32 / 198
Top 16% · Avg 1,237 sqft
Same area · Elmhurst
#608 / 1,480
Top 41% · Avg 1,523 sqft
Citywide · Winnipeg
#48,763 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetTop 47%Same areaBottom 32%CitywideTop 36%
Same street · Cathcart Street
#93 / 198
Top 47% · Avg 406.8k
Same area · Elmhurst
#1,004 / 1,480
Bottom 32% · Avg 460.2k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
1981
0255075100
Same streetTop 5%Same areaTop 49%CitywideTop 33%

Lot Size

above average
6,047 sqft
0255075100
Same streetBottom 18%Same areaBottom 31%CitywideTop 30%

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

741 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 153 m), 1 parks (nearest 264 m).

Search radius
🏫Education1
🌳Parks1

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

741 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: 741 Cathcart Street, Winnipeg

Property Overview & Appeal

This 1981 four-level split home in Elmhurst offers a practical layout with 1,606 sqft of living space on a large, 6,047 sqft lot. Its key characteristics include an unfinished basement, an attached garage, and no pool. The appeal lies in its above-average living space for the area—ranking in the top 23% city-wide—combined with the potential of a sizable yard and the blank canvas of an undeveloped basement for future customization. It suits buyers looking for a solid starter or family home with room to grow, particularly those comfortable with a property that has good bones but may benefit from personal updates over time. A thoughtful perspective is its balanced positioning: while not the newest or most luxurious on the block, it offers more interior space than many comparable homes, presenting a value proposition for those prioritizing square footage and lot size over a turn-key finish.

Frequently Asked Questions

1. What does the "four-level split" layout mean?
This style typically features short flights of stairs separating four distinct living levels, often separating living, sleeping, and utility areas for defined zones and potential privacy.

2. How significant is the unfinished basement?
It's a major project space. It adds no finished living area to the current square footage but provides significant storage and the opportunity to add customized living space, a workshop, or additional bedrooms at the buyer's pace and budget.

3. The home is 45 years old. What should I consider?
While the structure is well-established, a key focus should be on the major systems (roof, furnace, windows) and their age and condition, as some may be nearing or past their typical lifespan.

4. The lot is large. What are the advantages?
Beyond simple outdoor space, a lot of this size (ranking in the top 30% in Winnipeg) offers excellent potential for gardening, play areas, future additions like a shed or deck, and generally more privacy and distance from neighbors.

5. How should I interpret the competitive rankings?
They show the home's relative standing. Notably, it ranks very high for living space on its street but lower for assessed value in its community. This can sometimes indicate an opportunity if the interior size isn't fully reflected in the assessment, but it's wise to investigate recent sales of similar-sized homes in Elmhurst for context.