324 Cathcart Street

Varsity View, Winnipeg

Property score

81.6

Excellent

Overall 81.6 · Larger than most nearby homes

1,692 sqft (top 24%) · Built in 1973 (2 yrs older than avg)

Located in a high-income area with median household income of ~105k

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

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

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

81.6 is composed by the two sections below.

Property Score

78.0Good
Living Area83
1,692 sqftExcellent
Year Built58
1973Fair
Lot Size97
10,835 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

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: #46110350

Community deep dive

$105K

Median household income

$129K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

above average
1,692 sqft
0255075100
Same streetTop 9%Same areaTop 24%CitywideTop 21%
Same street · Cathcart Street
#17 / 198
Top 9% · Avg 1,237 sqft
Same area · Varsity View
#205 / 848
Top 24% · Avg 1,387 sqft
Citywide · Winnipeg
#41,383 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

Elite
509k
0255075100
Same streetTop 4%Same areaTop 30%CitywideTop 18%
Same street · Cathcart Street
#7 / 198
Top 4% · Avg 406.8k
Same area · Varsity View
#252 / 848
Top 30% · Avg 444.7k
Citywide · Winnipeg
#35,684 / 194,458
Top 18% · Avg 390.1k

Year Built

around average
1973
0255075100
Same streetBottom 47%Same areaBottom 46%CitywideTop 43%

Lot Size

Elite
10,835 sqft
0255075100
Same streetTop 2%Same areaTop 13%CitywideTop 5%

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

324 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 229 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

Sold 8/2016CA$350k–400k
Sold price

Same street

Bottom 49%

Same area

Top 47%

City-wide

Top 37%

Related homes

Highlights & common questions: 324 Cathcart Street, Winnipeg

Property Overview

This 1973-built, one-storey home in Varsity View offers a rare combination of spacious land and solid living area. Its key appeal lies in its generous 10,835 sqft lot—a significant size that ranks in the top 2% of its street and top 5% city-wide—paired with a fully finished basement and attached garage. The home’s assessed value and living space consistently rank well above average for the area, suggesting a property that has been maintained and valued above its peers. It would particularly suit buyers looking for a single-level layout with ample outdoor space for gardening, expansion, or simply enjoying a large private yard in a well-established neighbourhood. The strong rankings across metrics indicate a property that offers both immediate livability and long-term value in a sought-after location.

Key Details & Questions

  • What is the property’s most standout feature? The exceptionally large lot is the defining characteristic. At over 10,000 sqft, it provides uncommon space and potential in a mature neighbourhood, which is a major contributor to its high value ranking.
  • How does the home’s condition compare to its age? Built in 1973, the home is older than many on its street, but its above-average rankings for living area and assessed value suggest it has been updated or well-maintained relative to its age.
  • Is the price likely to be near the assessed value? The current assessed value is significantly higher than the 2016 sale price, reflecting market appreciation and possibly improvements. Buyers should note this as a baseline for municipal taxation, but market value will be determined by current conditions.
  • Who might this property not suit? Given it’s a one-storey home with a finished basement, it offers good space but may not suit those specifically seeking a modern, multi-level layout. The older building year also implies potential for systems updates.
  • What does the strong “street ranking” indicate? Ranking in the top percentiles for lot size, living area, and value on its own street highlights that this is a premium property within its immediate micro-market, not just the broader neighbourhood.