328 Cathcart Street

Varsity View, Winnipeg

Property score

73.5

Good

Overall 73.5 · Compared with neighbourhood average

1,200 sqft (bottom 45%) · Built in 1974 (1 yr older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Near average

1 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

73.5 is composed by the two sections below.

Property Score

64.4Fair
Living Area66
1,200 sqftGood
Year Built58
1974Fair
Lot Size74
5,780 sqftGood
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

around average
1,200 sqft
0255075100
Same streetTop 48%Same areaBottom 45%CitywideTop 50%
Same street · Cathcart Street
#96 / 198
Top 48% · Avg 1,237 sqft
Same area · Varsity View
#466 / 848
Bottom 45% · Avg 1,387 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

around average
418k
0255075100
Same streetTop 38%Same areaTop 46%CitywideTop 34%
Same street · Cathcart Street
#76 / 198
Top 38% · Avg 406.8k
Same area · Varsity View
#389 / 848
Top 46% · Avg 444.7k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetTop 43%Same areaTop 46%CitywideTop 42%

Lot Size

around average
5,780 sqft
0255075100
Same streetBottom 13%Same areaBottom 22%CitywideTop 37%

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

328 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 248 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

328 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: 328 Cathcart Street, Winnipeg

Property Summary: 328 Cathcart Street, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home in the Varsity View neighbourhood, built in 1974 on a spacious 5,780 sqft lot. Its key features include a fully finished basement and an attached garage. With 1,200 sqft of living space, it offers a practical layout for everyday living.

The appeal lies in its solid positioning within a mature, sought-after community. The property holds its value well, consistently ranking above average in city-wide assessments for its price point. It’s not the newest or largest on the block, but it represents a stable and substantial offering in a prime location. This home would particularly suit first-time buyers or downsizers looking for a low-maintenance, single-level floorplan in a central neighbourhood without a premium price tag. It’s for those who value established communities, larger lot sizes, and functional space over brand-new finishes.


Frequently Asked Questions

1. How does the property’s age impact its value?
Built in 1974, the home is over 50 years old. While it ranks as newer than over half of Winnipeg's housing stock, prospective buyers should budget for updates to major aging components like the roof, windows, or mechanical systems, which is typical for homes of this era.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and city-wide. For example, ranking "in the top 37%" for lot size in Winnipeg means its 5,780 sqft lot is larger than 63% of all properties in the city, which is a significant advantage.

3. Is the finished basement included in the 1,200 sqft living area?
Typically, the listed "living area" refers to above-grade, heated space. The finished basement is an additional area, providing extra functional rooms but not usually counted in the official square footage.

4. Who might this property NOT suit?
It may not suit buyers seeking a modern, open-concept layout or those unwilling to undertake any updates. The one-storey design and specific era of construction often mean more compartmentalized rooms compared to newer builds.

5. Why is the assessed value higher than many comparable homes in the area?
The assessment ranks higher than 69% of Winnipeg homes, indicating the city assessor views the property's combined land and improvement value as substantial. This can reflect the desirable lot size, location, and the fact the home is fully finished, including the basement.