820 Cathcart Street

Property Overview & Key Characteristics

This 1978-built bungalow in Elmhurst offers a well-established, spacious family home on a large, mature lot. Its key appeal lies in the combination of generous indoor and outdoor space, with a nearly 1,700 sqft finished living area and an 8,600 sqft property. The home features a finished basement and an attached garage. Its competitive rankings are notable, placing in the top tier of its street and the wider city for both lot size and living area. The appeal is for buyers seeking a solid, single-level home with room to grow or garden, in a quiet neighborhood. It would suit a family looking for move-in-ready space without a major project, or downsizers who still want a sizable yard and room for guests, thanks to the bungalow layout and finished basement.

Frequently Asked Questions

1. What is the neighborhood like?
Elmhurst is a mature, established residential community in Winnipeg. The large lot sizes and rankings suggest a neighborhood with a mix of well-kept, older homes and a sense of space and privacy.

2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income.

3. How does the 1978 build year affect the home?
While the home ranks newer than 60% on its street, being nearly 50 years old means potential buyers should pay close attention to the condition of major systems like roof, windows, plumbing, and electrical during an inspection.

4. What do the high rankings for value mean?
The assessment value ranks in the top 4% on its street and top 18% in Winnipeg. This typically indicates the property is assessed as more valuable relative to its peers, which can reflect its larger lot and living space, but it's also a factor in determining property taxes.

5. Why is the lot size a significant feature?
At over 8,600 sqft, the lot is substantially larger than many in the city (top 9% in Winnipeg). This offers exceptional outdoor space for gardening, recreation, or future expansion, which is a rare find in established neighborhoods and a key long-term value driver.