Property score
74.1
Good
Overall 74.1 · Compared with neighbourhood average
1,331 sqft (top 44%) · Built in 1974 (1 yr older than avg)
Located in a high-income area with median household income of ~91k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
1 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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74.1 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” (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
287 Cathcart Street — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 74 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%
287 Cathcart Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1974-built, one-storey home in Varsity View offers a practical and spacious layout on a large, 6,668 sqft lot. Its key appeal lies in the combination of a fully finished basement, a generous attached garage, and above-average living space (1,331 sqft) that ranks well within the city. The property presents a grounded opportunity: it's not the newest on the block, but its lot size, finished square footage, and assessment value consistently outperform a significant majority of comparable homes in Winnipeg. This suggests solid inherent value and space for the price point.
It would suit buyers looking for a move-in-ready, single-level living option with ample room for storage, hobbies, or family life. The large lot is a standout feature for those wanting outdoor space, a garden, or future expansion potential. It’s a home that prioritizes functional space and lot size over modern finishes, appealing to pragmatic buyers, small families, or those seeking a comfortable long-term home without the premium of a newly built property.
Key Questions for Consideration
1. What is the true value of the large lot?
Beyond just outdoor space, a lot of this size in a mature neighbourhood like Varsity View offers long-term flexibility. It could accommodate additions like a shed, a substantial garden, or even a future extension, subject to zoning bylaws. This is a less replaceable feature than the house itself.
2. How does the 1974 build year impact the home?
While the home is well-maintained, a building of this age means critical systems (like plumbing, electrical, and the roof) are likely original or have been updated at various times. A thorough inspection is crucial to understand the condition and any upcoming lifecycle replacements, which can be a factor in budgeting.
3. The rankings show strong value—what's the catch?
The data indicates you get more land and space for your money here compared to most of Winnipeg. The "catch" is typically that the home itself may require modernizing to contemporary tastes. The value is in the land and the structure's solid fundamentals, not in high-end finishes.
4. Who is the ideal buyer for this property?
This home is ideal for a buyer who values space and location over a turnkey modern aesthetic. It’s excellent for a first-time buyer looking to build equity in a solid property, a small family needing room to grow, or a downsizer seeking single-level living without sacrificing storage and a yard.
5. What is the neighbourhood like?
Varsity View is a established, quiet residential community. Its name hints at the proximity to the University of Manitoba, which can bring a steady rental demand and a mix of residents, from families to academics. It offers a blend of tranquility with convenient access to major routes and amenities.
