Property score
58.4
Fair
Overall 58.4 · Smaller than most nearby homes
864 sqft (bottom 10%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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58.4 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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
229 Cathcart Street — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 476 m), 1 shopping (nearest 412 m), 2 parks (nearest 229 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 44% | Top 44% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 25% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 229 Cathcart Street
This 1973-built, one-storey home in Varsity View offers a practical footprint on a generous 5,048 sqft lot. Its key appeal lies in its established neighbourhood setting and a layout that prioritizes main-floor living with a finished basement for added space. At 864 sqft of living area, it is a compact home, but the large lot presents a significant value-add for those seeking outdoor space or future expansion potential.
The home suits first-time buyers looking for an entry point into a mature community, or downsizers seeking a manageable single-level layout without compromising on yard size. Its recent sale history shows steady appreciation, suggesting a stable investment in a central Winnipeg location. A less obvious perspective is its potential for an infill development or significant renovation down the line, given the lot size is substantially larger than many in the area.
Frequently Asked Questions
1. Is the house in good condition for its age?
Built in 1973, the home is over 50 years old. Prospective buyers should budget for a thorough inspection, as major systems like roofing, plumbing, and electrical may be reaching or have exceeded their typical lifespans, which is common for houses of this era.
2. How does the lot size compare to the neighbourhood?
The 5,048 sqft lot is a standout feature, ranking highly within its own street and the broader Varsity View community. This means you are getting more land than most nearby properties, which is a valuable asset.
3. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the details. It's essential to clarify the finish quality, ceiling height, legal egress, and whether it includes a bathroom or separate entrance to understand its full utility and value.
4. Who would this property not suit?
It may not suit buyers looking for a large, modern living space without renovation work. With 864 sqft above grade, the interior is compact. Families needing multiple bedrooms or dedicated workspaces on the main floor might find it limiting without utilizing the basement.
5. What is the significance of the provided rankings?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for metrics like size, age, and assessed value. For example, ranking "in the top 53%" for lot size in Winnipeg means its lot is larger than 53% of all properties—a relative strength. Conversely, its living area is smaller than most, which is reflected in those rankings.
