Property score
62.8
Fair
Overall 62.8 · Compared with neighbourhood average
1,262 sqft (top 49%) · Built in 1974 (1 yr older than avg)
Located in a average-income area
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Near average
9% 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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62.8 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
353 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 350 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 8% | Bottom 22% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1974-built, single-storey home in Varsity View offers a straightforward living space of 1,262 sqft on a generous 5,664 sqft lot. Its key appeal lies in its established, quiet neighbourhood and the significant potential inherent in its large, undeveloped basement and expansive yard. The home presents a practical, no-frills foundation. Its rankings indicate it is a home of average size and age for the area, but sits on a lot that is larger than many of its immediate neighbours, offering a tangible advantage for privacy, gardening, or future expansion.
It would suit a first-time buyer or practical-minded investor looking for an entry point into a stable, central neighbourhood without paying a premium for recent renovations. It’s also a strong candidate for a buyer with a vision for customization, as the blank slate of the unfinished basement and mature lot allow for tailored improvements. The 2021 sale price suggests the market has recognized its value, and the current assessment aligns with steady, modest growth.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. For example, its land size ranks highly (top 20% in the community), meaning the lot is a standout feature. Its assessment value ranks in the middle ranges, suggesting it is priced consistently with the broader market for what it offers.
2. Is the unfinished basement a drawback or an opportunity?
This depends entirely on the buyer. It requires investment to finish, but it also means no money was spent on potentially dated or low-quality renovations. You can insulate, wire, and design the space to your exact needs without first demolishing someone else's work.
3. The home is 50 years old. What should I be mindful of?
While systems like the roof, furnace, and windows may have been updated over the decades, their age and condition should be a primary focus of a home inspection. The potential for needing foundational maintenance or updating original plumbing and electrical should be budgeted for.
4. Who would this property NOT be ideal for?
It would likely not suit someone seeking a modern, move-in-ready home without any projects. The lack of a garage and the need to develop the basement and potentially update older components require a willingness to invest time and money after purchase.
5. How does the 2021 sale price relate to today's value?
The 2021 sale of $295,000 and the current assessed value of $338,000 indicate a trajectory of appreciation. It provides a recent benchmark, but the final market value will be determined by current conditions, the home's present state, and buyer competition.
