344 Cathcart Street

Property Overview: 344 Cathcart Street

Key Characteristics & Appeal

This is a spacious, well-established bungalow in the desirable Varsity View neighbourhood. Its primary appeal lies in its generous proportions and prime location. The home sits on a large, approximately 7,900 sqft lot and features over 1,800 sqft of living space, placing it in the top tier of homes in the area for size. Key amenities include a finished basement, an attached garage, and the notable addition of a private swimming pool. Built in 1973, the property is a classic, solid home that has been maintained and updated over time.

The home suits buyers looking for established character and room to grow or customize, rather than a new-build. It’s ideal for a family seeking a stable, central neighbourhood with access to schools, the University of Manitoba, and major routes. The pool is a significant lifestyle feature for summer enjoyment but also represents a commitment to maintenance. The property’s high rankings for lot size, living area, and assessed value against local comparables suggest it is a substantial and above-average offering in the Winnipeg market, likely appealing to those who value space and location over a modern floor plan.

Frequently Asked Questions

1. What is the neighbourhood like?
Varsity View is a mature, family-oriented community in south Winnipeg, known for its proximity to the University of Manitoba, strong schools, and convenient access to shopping and parks. It offers a quiet, suburban feel while being well-connected to the rest of the city.

2. Is the pool included, and what is its condition?
Yes, the in-ground swimming pool is included with the property. As with any pool, a professional inspection is highly recommended to understand its current operational condition, necessary maintenance, and associated seasonal costs.

3. How does the assessed value relate to the asking price?
The municipal assessment is $485,000, which is a benchmark for property taxes and indicates the home is valued highly relative to 80% of Winnipeg properties. The listing price may be set above, at, or below this figure based on market conditions, recent updates, and seller motivation.

4. What does the "finished basement" entail?
The listing confirms the basement is finished, meaning it has been developed into livable space (e.g., recreation room, bedrooms, bathroom). Viewing the property is essential to assess the finish quality, ceiling height, natural light, and any potential moisture concerns common in older basements.

5. What are the long-term considerations for a home of this age?
Built in 1973, major systems like the roof, windows, plumbing, and electrical may be original or have been updated at various times. A thorough home inspection is crucial to identify the age and condition of these components and to plan for any future upgrades or maintenance.