316 Cathcart Street

Varsity View, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Smaller than most nearby homes

1,067 sqft (bottom 29%) · Built in 1972 (3 yrs older than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

3 yrs older 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

60.8 is composed by the two sections below.

Property Score

58.8Fair
Living Area52
1,067 sqftFair
Year Built58
1972Fair
Lot Size93
8,067 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
Employment Health68
Good

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
1,067 sqft
0255075100
Same streetBottom 31%Same areaBottom 29%CitywideBottom 35%
Same street · Cathcart Street
#137 / 198
Bottom 31% · Avg 1,237 sqft
Same area · Varsity View
#603 / 848
Bottom 29% · Avg 1,387 sqft
Citywide · Winnipeg
#125,744 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetTop 46%Same areaTop 49%CitywideTop 36%
Same street · Cathcart Street
#92 / 198
Top 46% · Avg 406.8k
Same area · Varsity View
#413 / 848
Top 49% · Avg 444.7k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

around average
1972
0255075100
Same streetBottom 40%Same areaBottom 43%CitywideTop 45%

Lot Size

above average
8,067 sqft
0255075100
Same streetTop 19%Same areaTop 36%CitywideTop 11%

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

316 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 175 m).

Search radius
🌳Parks2
Worship1

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

316 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: 316 Cathcart Street, Winnipeg

Property Overview & Appeal

This 1972-built, one-storey home in Varsity View sits on a notably large, 8,067 sqft lot. Its key characteristics include a finished basement, a rare private swimming pool, and a split garage. With 1,067 sqft of living space, the house itself is modest, but the property's standout feature is its expansive outdoor space, which is larger than over 80% of lots on its street. The home’s assessed value ranks highly for the area, suggesting solid underlying value for the neighbourhood.

The primary appeal lies in its unique combination of a massive, private yard and an in-ground pool—a rare find in this setting. It suits buyers looking for a established, single-level home with exceptional outdoor entertainment potential, ideal for families, gardeners, or those who value private outdoor space over a large interior. A thoughtful perspective is that while the home is over 50 years old and its interior size is below average for the area, the land represents a significant asset. It offers a lifestyle-oriented property where the backyard becomes the main living area in summer, appealing to those who prioritize space and recreation over a modern or expansive floor plan.

Frequently Asked Questions

1. What is the true value of such a large lot?
Beyond the privacy and space, a lot of this size in a established neighbourhood offers long-term potential. It provides ample room for additions, extensive landscaping, or future redevelopment, subject to zoning.

2. How does the pool impact insurance and maintenance costs?
A private pool increases annual maintenance costs and will typically raise home insurance premiums. It's advisable to budget for seasonal opening/closing, ongoing chemicals, and increased liability coverage.

3. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal rental suite. Buyers should verify its compliance with local codes if considering rental income.

4. Why is the assessed value higher than the ranking for living area?
The assessment reflects the total property value, which is significantly boosted by the large lot size and improvements like the pool and garage, outweighing the modest square footage of the home itself.

5. What are the seasonal considerations for a property like this?
The pool dictates a strong seasonal use, creating a summer oasis but requiring winterization. The large lot also means more yard work in spring and fall, which can be a benefit for gardeners or a consideration for maintenance time and cost.