776 Cathcart Street

Property Overview

This 1977-built, one-storey home in Elmhurst offers a practical and spacious family footprint on a large, 6,760 sqft lot. Its key appeal lies in its balance of established community living and relative value. The home features 1,017 sqft of living space, a finished basement adding functional room, and an attached garage. Its standout characteristic is the land size, which places it in the top 40% of lots on its street and the top 19% across all of Winnipeg, offering significant outdoor space potential in a mature neighbourhood. The assessed value positions it favourably against a majority of city properties.

It would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. The large lot also appeals to those with future expansion in mind, whether for gardening, play, or a potential addition. It’s a home for buyers who prioritize land size and neighbourhood establishment over having a newer or larger house, and who see value in a property with a finished basement ready for use.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Elmhurst, and across Winnipeg for metrics like lot size and age. For example, being in the "top 19%" for lot size in Winnipeg means over 80% of city lots are smaller, highlighting this property's standout outdoor space.

2. Is the finished basement included in the 1,017 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional, separate feature that adds functional space like recreation or utility rooms.

3. How does the 1977 build year affect the home?
A home of this age will likely have original or older major systems (roof, windows, HVAC). This represents both a character of its era and a consideration for future maintenance or updates, which is reflected in its value.

4. What are the advantages of a large lot in this area?
Beyond privacy and space, a lot of this size in an established neighbourhood like Elmhurst is a long-term asset. It provides room for additions, landscaping projects, or simply more green space than is typical in newer subdivisions, which is increasingly rare.

5. Who determines the assessed value, and is it the sale price?
The assessed value is set by municipal authorities for tax purposes. It is an important indicator of the property's relative worth compared to others but is not necessarily the listing or final sale price, which is determined by the market.