Property score
59.0
Fair
Overall 59.0 · Compared with neighbourhood average
1,080 sqft (bottom 31%) · Built in 1970 (5 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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59.0 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: #46110349
$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
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
304 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 132 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 | Top 39% | Top 44% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1970s one-storey home in Varsity View sits on a large, 6,454 sqft lot, offering a rare combination of space and established neighborhood character. Its key appeal lies in its generous, private yard—a significant asset in a central area—and a finished basement that adds functional living space to the 1,080 sqft main floor. The home’s current assessed value ranks highly within its immediate area, suggesting it is perceived as a solid asset.
It would suit a practical buyer looking for a low-maintenance, single-level layout, possibly a downsizer or a young family valuing outdoor space over a large interior footprint. The property also presents a clear value-adding opportunity for a buyer willing to modernize a well-located, structurally sound home on a prime lot. A less obvious perspective is its potential for gentle expansion or garden-focused living, given the lot size, without the immediate pressure of a major rebuild.
Frequently Asked Questions
1. How does the finished basement impact the living space?
It provides additional flexible rooms, such as a family den, home office, or guest space, effectively increasing the usable area beyond the main floor's square footage.
2. What does the high assessment value ranking mean?
The home is assessed in the top 17% of its street and top 28% city-wide, indicating that official property valuation views it favorably compared to many nearby homes, which can be a positive signal for equity.
3. Is the lack of a garage a significant drawback?
While off-street parking isn't provided, the very large lot offers potential for adding a garage or carport, subject to city permits—a key point for buyers who see the land as a long-term asset.
4. The home is over 50 years old. What should I consider?
While systems and the roof may be due for updates, the 1970s construction often features solid fundamentals. A thorough inspection is essential to prioritize any necessary mechanical, electrical, or envelope upgrades.
5. How stable is the property's value based on its history?
The 2017 purchase price was $397,000, and the current assessment is $438,000. This indicates steady appreciation, but as with any market, future value will depend on broader conditions and any improvements made.
