288 Cathcart Street

Varsity View, Winnipeg

Property score

63.5

Fair

Overall 63.5 · Compared with neighbourhood average

1,201 sqft (bottom 45%) · Built in 1975

Located in a above-average income area with median household income of ~77k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

63.5 is composed by the two sections below.

Property Score

63.3Fair
Living Area1,201 sqft66Good
Year Built197558Fair
Lot Size5,379 sqft67Good
Neighbourhood Sales Activity42Low

Community Score

63.9Fair
Household Income75Good
Education Level34Low
Housing Stress52Fair
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110349

Community deep dive

$77K

Median household income

$79K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

41%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,201 sqft
0255075100
Same streetTop 48%Same areaBottom 45%CitywideTop 50%
Same street · Cathcart Street
#95 / 198
Top 48% · Avg 1,237 sqft
Same area · Varsity View
#465 / 848
Bottom 45% · Avg 1,387 sqft
Citywide · Winnipeg
#97,237 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetBottom 20%Same areaBottom 32%CitywideTop 49%
Same street · Cathcart Street
#158 / 198
Bottom 20% · Avg 406.8k
Same area · Varsity View
#574 / 848
Bottom 32% · Avg 444.7k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 41%Same areaTop 44%CitywideTop 40%

Lot Size

around average
5,379 sqft
0255075100
Same streetBottom 5%Same areaBottom 8%CitywideTop 46%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

288 Cathcart Street — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 111 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

288 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.

Related homes

Highlights & common questions: 288 Cathcart Street, Winnipeg

Property Overview: 288 Cathcart Street, Varsity View, Winnipeg

This well-established one-storey home sits on a generous, mature lot in the sought-after Varsity View neighborhood. Built in 1975, its key characteristics include a fully finished basement and a spacious 1,201 sqft layout. The property’s standout feature is its expansive 5,379 sqft land area, which ranks in the top tier for its street and offers significant potential for gardening, recreation, or future expansion. While it lacks a garage or pool, its appeal lies in its solid footprint and prime location near the University of Manitoba.

The home presents a practical opportunity rather than a turn-key luxury purchase. It would suit a buyer looking for a long-term family home with room to grow, a downsizer seeking single-level living on a private lot, or an investor attracted by the stable rental market near the university. Its rankings suggest it’s a competitively sized property in a mature area, ideal for someone valuing space and location over newer finishes, and who is prepared for the maintenance or updates typical of a 50-year-old home.


Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings compare this home against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like lot size and age. They show that while the home is older, its lot size is a major advantage, placing it in the top 5% on its street. This data helps gauge its relative strengths in the local market.

2. Is the finished basement included in the 1,201 sqft living area?
No, the 1,201 sqft figure refers to the above-ground living space. The basement is additional, finished square footage, adding functional space for recreation, guests, or storage.

3. What are the implications of the home being built in 1975?
As a 50-year-old property, buyers should budget for potential updates to major systems like roofing, windows, or plumbing. However, its age is fairly typical for the neighborhood, and it may offer more character and larger lot sizes than newer constructions.

4. The home has no garage. What are the parking options?
The property listing does not specify a driveway, but the large lot may accommodate off-street parking. Buyers should verify on-site parking arrangements and review any local street parking regulations.

5. How does the assessed value relate to the likely selling price?
The city assessment of $364,000 is for tax purposes and is a historical snapshot. The actual market price will be determined by current demand, the home's condition, and recent sales of comparable properties in Varsity View. It serves as a reference point, not a guaranteed sale price.

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