376 Cathcart Street

Varsity View, Winnipeg

Property score

81.1

Excellent

Overall 81.1 · Newer than most nearby homes

1,440 sqft (top 39%) · Built in 1996 (21 yrs newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

21 yrs newer 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

81.1 is composed by the two sections below.

Property Score

77.1Good
Living Area75
1,440 sqftGood
Year Built84
1996Excellent
Lot Size88
7,203 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
1,440 sqft
0255075100
Same streetTop 21%Same areaTop 39%CitywideTop 34%
Same street · Cathcart Street
#41 / 198
Top 21% · Avg 1,237 sqft
Same area · Varsity View
#329 / 848
Top 39% · Avg 1,387 sqft
Citywide · Winnipeg
#65,497 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

Elite
521k
0255075100
Same streetTop 3%Same areaTop 28%CitywideTop 17%
Same street · Cathcart Street
#5 / 198
Top 3% · Avg 406.8k
Same area · Varsity View
#236 / 848
Top 28% · Avg 444.7k
Citywide · Winnipeg
#32,246 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
1996
0255075100
Same streetTop 2%Same areaTop 21%CitywideTop 19%

Lot Size

above average
7,203 sqft
0255075100
Same streetTop 40%Same areaTop 48%CitywideTop 15%

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

376 Cathcart Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 452 m).

Search radius
🌳Parks1
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

376 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: 376 Cathcart Street, Winnipeg

Property Overview & Appeal

This 1996-built, one-storey home in Varsity View sits on a large 7,203 sqft lot and offers 1,440 sqft of living space with a finished basement. Its key appeal lies in its combination of generous outdoor space and a modern-enough layout that avoids the maintenance concerns of much older properties. The home ranks highly for its lot size, assessed value, and living area compared to most of Winnipeg, indicating a solid, above-average offering in the market.

It particularly suits buyers looking for single-level living or those who prioritize a sizable yard in a well-established neighbourhood. A thoughtful perspective is that while the home is 30 years old, its age places it in a sweet spot: major systems may be nearing their update cycle, allowing a new owner to customize with modern efficiencies, yet it's not so old as to have obsolete layouts or pervasive latent issues. Its strong assessment value ranking suggests it's perceived as a premium property on its street, which could be a point of stability but also means property taxes will reflect that higher valuation.

Potential Buyer FAQs

1. What does the high assessment value ranking mean?
It means the municipal property assessment is higher than 98% of homes on the same street. This generally reflects the city's view of the property's relative worth but directly influences your property tax bill, which will be correspondingly higher.

2. Is the finished basement included in the 1,440 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is additional living space, which is a valuable bonus for recreation or guests but is not counted in the official 1,440 sqft figure.

3. The home is 30 years old. What should I plan for?
While the structure is sound, this is a common age for original major components like the roof, furnace, or windows to require evaluation and potential replacement. A thorough inspection is crucial to budget for any upcoming updates.

4. How does the lot size benefit me?
At over 7,200 sqft, the lot is significantly larger than average. This offers ample space for gardening, recreation, potential additions like a deck or shed, and simply more privacy from neighbours. It's a long-term asset that is increasingly rare in mature neighbourhoods.

5. What is the neighbourhood character of Varsity View?
As a mature area near the University of Manitoba, it offers stable, established surroundings with a mix of long-term residents and academic affiliates. The rankings show the property performs well within this context, being newer and larger than many community comparables.