Property score
59.0
Fair
Overall 59.0 · Smaller than most nearby homes
1,007 sqft (bottom 22%) · 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
27% 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
308 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 144 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 24% | Bottom 36% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 308 Cathcart Street
Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Varsity View neighbourhood. Its primary appeal lies in a combination of generous outdoor space and solid fundamentals. The property sits on a large, approximately 6,500 sqft lot, offering significant potential for gardening, play, or expansion, which is a notable asset for the area. The home itself is a manageable 1,007 sqft with a finished basement and a detached garage, presenting a practical layout for daily living.
Its value proposition is grounded in its strong relative position within the broader Winnipeg market. The home ranks in the top 35% of the city for assessed value and the top 23% for lot size, suggesting it is perceived as a substantial property compared to the wider market. It would particularly suit first-time buyers or downsizers looking for a low-maintenance, single-level floorplan in a central, mature neighbourhood, or an investor/renovator attracted by the large lot and the value-add potential of a home built in 1970. A less obvious perspective is its appeal to those seeking stability; its assessed value has risen steadily from its 2017 sale price, indicating a history of measured growth in a neighbourhood that has maintained its desirability.
Frequently Asked Questions
1. How does this home compare to others in Varsity View?
It holds a competitive position. It ranks above the neighbourhood average for lot size (top 61%) and assessed value (top 48%), but is slightly older and smaller in living space than many area homes. You are paying a premium for the land and location more than for a large or modern house.
2. What does the "finished basement" entail?
The listing confirms the basement is finished but does not specify the extent or quality. This is a key point for clarification, as it could range from a basic rec room to additional legal bedrooms or a separate suite. A viewing and inquiry about permits is essential.
3. Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is a significant feature and could allow for additions, a garage upgrade, or extensive landscaping. Any major changes would require checking with the city for zoning bylaws, setback requirements, and permitting.
4. The home is over 50 years old. What should I be aware of?
While the structure has proven durable, a thorough inspection is crucial to assess the condition of major systems typical for its age, such as the roof, plumbing, electrical, and foundation. The recent rise in assessed value suggests ongoing upkeep, but due diligence is needed.
5. How stable has the property's value been?
The home sold for $332,000 in 2017 and now carries an assessed value of $398,000. This indicates a consistent upward trend in line with or exceeding broader market movements in Winnipeg over that period, reflecting the enduring appeal of the location and property type.
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