Property score
55.1
Fair
Overall 55.1 · Smaller than most nearby homes
923 sqft (bottom 14%) · Built in 1972 (3 yrs older than avg)
Located in a average-income area
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
33% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 79%Punjabi · 21%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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55.1 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: #46110351
21%
Single-person households
35%
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
319 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 206 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 45% | Top 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 319 Cathcart Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 319 Cathcart Street in Varsity View presents a specific and practical value proposition. Its key characteristic is a efficient, sub-1,000 sqft living space (923 sqft) on a notably generous city lot (6,877 sqft). While the living area is below average for the street, neighborhood, and city, the lot size is above average city-wide, offering valuable outdoor space or future potential relative to many Winnipeg properties.
The appeal lies in this balance. The assessed value is positioned around the city average, suggesting the market recognizes the trade-off between a modest interior and a substantial lot. It suits a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who prioritizes land over square footage. This isn't a sprawling show home; it's a grounded opportunity in a well-established neighborhood. For the right buyer, the value is in the land itself and the possibility it holds, rather than in the existing structure's size. It appeals to those comfortable with a cozy interior footprint in exchange for more private outdoor space than is typical.
Section 2: Frequently Asked Questions
1. Is the below-average living area a major concern?
It depends on your needs. The home offers efficient living, which can mean lower utility costs and less upkeep. For buyers who value low-maintenance interiors or who spend significant time outdoors, the generous lot can compensate for the compact home.
2. Why is the assessed value around the city average if the house is smaller?
The assessment likely reflects the combined value of the structure and the land. The above-average city-wide lot size is a significant asset, contributing to the overall valuation and balancing the smaller living area.
3. What does the lot size actually allow for?
A nearly 7,000 sqft lot in the city provides ample room for gardening, recreation, or adding a sizable deck or patio. It may also offer future potential for additions or redevelopment, subject to local zoning bylaws and permits.
4. How does the 1972 build year affect things?
Built in the early 1970s, the home is of average age for its area. Buyers should budget for updates common to homes of this era, such as windows, roofing, or mechanical systems, while also appreciating the established neighborhood character that comes with it.
5. Who would this property not suit?
It would likely not suit a growing family needing multiple large bedrooms or dedicated living spaces, or a buyer seeking a move-in-ready home with modern, open-concept layouts without a renovation project. The value here is in the land and location, not in expansive, updated interiors.
