Property score
60.6
Fair
Overall 60.6 · Compared with neighbourhood average
1,190 sqft (bottom 43%) · Built in 1974 (1 yr older than avg)
Located in a average-income area
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Near average
1 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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60.6 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
345 Cathcart Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 316 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 | Top 31% | Top 40% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 42% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 345 Cathcart Street
Key Characteristics & Appeal
This is a well-maintained, single-storey home in the established Varsity View neighbourhood, built in 1974. Its primary appeal lies in its generous, mature lot of over 5,600 square feet, offering significant outdoor space that is uncommon for newer infill properties. The home itself features 1,190 sqft of living space and a finished basement, providing practical, single-level living. Recent data shows strong value retention, with the home selling for $410,000 in June 2024, a notable increase from its 2020 sale price.
The property suits first-time buyers or downsizers looking for a manageable, ground-level layout in a central, academic-adjacent community. Its broad market appeal is reflected in its rankings, where it performs solidly against city-wide averages for size and value, but truly stands out within its immediate street and neighbourhood for its lot size. A thoughtful perspective for buyers is to see the lot not just as yard space, but as long-term potential—whether for gardening, expansion, or simply as a private oasis that future infill development in the area cannot replicate.
Frequently Asked Questions
1. How does the finished basement add to the living space?
While specific room details aren't listed, a finished basement typically adds flexible space for recreation, a home office, or additional bedrooms, effectively increasing the usable area beyond the main floor's 1,190 sqft.
2. What is the significance of the property's rankings?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. They indicate that while the home is average in many metrics city-wide, its lot size is a standout feature locally, ranking in the top 20% within its own neighbourhood.
3. Is the lack of a garage a major drawback?
This depends on buyer needs. The large lot does offer ample space for parking and the potential to add a garage or carport, subject to city bylaws. For some, the trade-off of a larger yard for off-street parking is acceptable in this location.
4. The home was built in 1974. What should I be aware of?
While the recent sale suggests the home is market-ready, a standard inspection for a house of this age is crucial. This would typically focus on the condition of the roof, windows, plumbing, electrical systems, and ensuring any past updates were permitted.
5. The 2024 sale price is above the assessed value. Why?
Assessed value is for municipal tax purposes and often lags behind the dynamic market. The sale price reflects what a buyer recently paid, indicating perceived value, potential updates not captured in the assessment, or the premium for the desirable lot.
