Property score
58.1
Fair
Overall 58.1 · Smaller and older than most nearby homes
884 sqft (bottom 12%) · Built in 1953 (22 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 2 parks nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
36% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
22 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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58.1 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
262 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 458 m), 2 parks (nearest 131 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%
262 Cathcart Street: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।
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Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This 1953-built, one-storey home in Varsity View offers a classic, grounded living experience. Its primary appeal lies in the combination of a substantial, mature 8,070 sqft lot in a desirable neighbourhood with a functional, updated layout. The fully finished basement and detached garage add practical living and storage space. With 884 sqft of main-floor living area, it presents a manageable footprint.
The property suits first-time buyers seeking entry into a prime area without a massive initial scale, or downsizers looking for a single-level home with a low-maintenance structure but the benefit of a large, private outdoor space. Its competitive rankings—especially outperforming 89% of Winnipeg homes on lot size—highlight its standout characteristic: the land itself. The appeal here is less about the size of the house and more about the potential and permanence offered by the lot in a well-established community.
Key Questions for Consideration
1. What is the true value proposition of this home?
While the house is a modest-sized bungalow, the value is significantly anchored in the large, mature lot within the Varsity View community. Buyers are investing in location and land, with the home serving as a comfortable, updated dwelling on that premium plot.
2. How does the age of the home (73 years) impact maintenance?
The 1953 build date places it in the top 72% of Winnipeg homes for age, meaning it is older than most. Prospective buyers should prioritize inspections for foundational integrity, original plumbing, and electrical systems, even though the basement finish suggests some updates have been made.
3. The lot is large, but how is the house positioned on it?
With a lot size ranking in the top 11% city-wide, how the 884 sqft home sits on the property is key. There may be exceptional backyard privacy, side space for gardens or additions, or potential for future landscaping projects not possible on standard lots.
4. Who might find the "split" rankings most relevant?
The rankings tell a nuanced story: the lot size is elite, but the living space is below average for the area. This is ideal for buyers who prioritize outdoor space over indoor square footage. Conversely, those needing significant interior room may find it limiting.
5. What does the assessment value versus price indicate?
The city's assessed value of $369,000 provides a tax baseline, but not necessarily the market price. Its assessment ranks in the top 43% in Winnipeg, suggesting the official valuation sees solid worth. Buyers should compare this with the list price and recent neighbourhood sales to gauge the market's premium for the large lot.
