Property score
88.4
Excellent
Overall 88.4 · Larger and newer than most nearby homes
1,900 sqft (top 20%) · Built in 1987 (7 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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88.4 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110358
$141K
Median household income
$164K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
10%
Single-person households
46%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
824 Cathcart Street — 1 amenities found within 500 m, across 1 categories.
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 6% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 824 Cathcart Street
Section 1: Key Characteristics & Appeal
This 1987-built two-storey home in Elmhurst offers a compelling blend of space, established character, and a strong positional value within Winnipeg. Its key characteristic is generous proportions, featuring 1,900 sqft of living space on a large 8,603 sqft lot, with a finished basement and an attached garage. The data reveals its standout appeal: it ranks in the top tier of homes locally for its lot size, living area, and assessed value, suggesting it is a substantial and above-average property for the area.
The home’s primary appeal lies in its established neighbourhood setting and proven investment strength. It suits buyers looking for a move-in-ready family home with room to grow, both indoors and outdoors, without the uncertainties of a new development. It would particularly resonate with value-conscious buyers who appreciate objective metrics—the home consistently ranks in the top 10-20% of its community and city across key categories like size and value, indicating a property that has historically outperformed its peers. A thoughtful perspective is that while the 1987 build date isn't new, it places the home in an era of solid construction after major building code updates, and its high rankings for assessed and recent sale value suggest it has been well-maintained and is considered a premium offering in its locale.
Section 2: Frequently Asked Questions
1. What does the high ranking in "Assessed Value" and recent sale price actually mean?
It indicates that, according to municipal assessment and the recent market, this property is valued significantly higher than most homes in Winnipeg (top 9%) and its immediate area. This typically reflects its larger size, desirable lot, and overall condition relative to the broader market.
2. Is the 1987 build year a concern?
Not inherently. A 39-year-old home means major systems (like roof, windows, furnace) may be at or past their typical lifespan and should be inspected. However, the age also means the neighbourhood and landscaping are mature, and any significant issues from newer construction eras have likely been resolved.
3. Who might this home not be suitable for?
It may not suit those seeking a brand-new, low-maintenance property or a ultra-modern open-concept layout, as some updates may be desired. The very high rankings also suggest the price point is premium for the Elmhurst area, so it's less suited for buyers seeking a starter home or absolute bargain.
4. The lot is large, but what is it like?
At over 8,600 sqft, the lot is a major feature, offering ample private outdoor space for gardening, play, or entertaining. The high ranking for lot size (top 13% on its street) means it is genuinely larger than most in the immediate vicinity, adding to privacy and potential.
5. Why did it sell for significantly above its assessed value in 2023?
The assessed value is for municipal tax purposes and can lag behind the current market. The 2023 sale price, which ranked even higher (top 5% in Winnipeg), reflects what a buyer was willing to pay in the competitive market at that time, confirming the property's strong market appeal beyond the official assessment.
