748 Cathcart Street

Elmhurst, Winnipeg

Property score

74.2

Good

Overall 74.2 · Compared with neighbourhood average

1,292 sqft (bottom 36%) · 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

15% 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)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

74.2 is composed by the two sections below.

Property Score

67.6Good
Living Area66
1,292 sqftGood
Year Built67
1978Good
Lot Size85
6,535 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

84.1Excellent
Household Income91
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #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

Population (2021)386
Labour force participation rate60%
Median age46.4
Avg household size2.6
Unemployment rate7%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households20%
Couple families with children36%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$408K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority7%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,292 sqft
0255075100
Same streetTop 35%Same areaBottom 36%CitywideTop 42%
Same street · Cathcart Street
#70 / 198
Top 35% · Avg 1,237 sqft
Same area · Elmhurst
#940 / 1,480
Bottom 36% · Avg 1,523 sqft
Citywide · Winnipeg
#81,956 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
423k
0255075100
Same streetTop 35%Same areaBottom 39%CitywideTop 33%
Same street · Cathcart Street
#70 / 198
Top 35% · Avg 406.8k
Same area · Elmhurst
#909 / 1,480
Bottom 39% · Avg 460.2k
Citywide · Winnipeg
#64,667 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 22%Same areaBottom 39%CitywideTop 35%

Lot Size

above average
6,535 sqft
0255075100
Same streetBottom 31%Same areaBottom 43%CitywideTop 22%

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

748 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 196 m), 1 parks (nearest 311 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

Sold 1/2021CA$350k–400k
Sold price

Same street

Bottom 39%

Same area

Bottom 30%

City-wide

Top 42%

Related homes

Highlights & common questions: 748 Cathcart Street, Winnipeg

Property Overview

This 1978-built 3-level split home at 748 Cathcart Street offers a practical and spacious family living environment in Winnipeg's Elmhurst neighborhood. Its primary appeal lies in offering above-average space and land size for its assessed value. With a generous 6,535 sqft lot and over 1,290 sqft of living space, it provides room to grow, complemented by a finished basement and an attached garage. The home's competitive rankings—particularly outperforming 78% of Winnipeg in lot size and 70% in assessed value—suggest it represents a solid value proposition within the city. It would suit first-time buyers or growing families looking for a established, roomy property without a premium price tag, especially those who value a larger outdoor space and the potential that comes with a nearly 50-year-old home that has been maintained and updated over time. A thoughtful perspective is that while the 2021 sale price was below the current assessment, the overall value rankings indicate the property holds its own in the broader market, appealing to buyers who prioritize tangible space and land over newer construction.

Frequently Asked Questions

1. What does the "value ranking" actually mean?
The rankings show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the "top 22%" for lot size in Winnipeg means 78% of city properties have a smaller lot, highlighting this home's standout feature of outdoor space.

2. Is the finished basement included in the listed living area?
Typically, the 1,292 sqft living area refers to above-grade, heated space. The finished basement provides additional usable rooms but is usually calculated separately, adding functional square footage not reflected in the main figure.

3. How should I interpret the difference between the 2021 sale price and the current assessment?
The 2021 sale of $370,000 provides a historical data point. The current assessment of $423,000 reflects the city's valuation for tax purposes, which considers market trends and comparisons. It's a starting point, but the final market price is determined by current conditions and buyer demand.

4. What are the considerations with a home built in 1978?
A home of this age may have undergone significant updates, such as the finished basement. Buyers should investigate the condition and age of major systems like roofing, windows, plumbing, and electrical, as these can represent future maintenance priorities or opportunities for modernization.

5. What is the practical benefit of a 3-level split design?
This layout often creates distinct living zones, potentially offering more privacy by separating sleeping areas from common living spaces across multiple half-levels. It can make efficient use of the home's footprint but may involve more stairs than a bungalow or standard two-story.