This 1977 three-level split home at 732 Cathcart Street offers a classic Elmhurst layout with a fully finished basement and an attached garage. Its primary appeal lies in its generous 7,408 sqft lot—a significant size that ranks within the top 30% of the street and top 14% city-wide—providing ample outdoor space in a mature neighbourhood. With 1,157 sqft of living space and an assessed value significantly higher than most local comparables, it presents as a well-regarded property in its area. It would suit buyers looking for a established, spacious yard in a quiet community, potentially appealing to those who value room for gardening, play, or future expansion over brand-new construction.
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What does the high assessment value relative to the neighbourhood indicate?
The assessment value places this home in the top 8% on its street and top 23% in Winnipeg. This often reflects desirable property traits, like its large lot, and can signal strong underlying value, though the final sale price is determined by the market.
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How might the age of the home (49 years) affect a buyer?
While the home ranks as newer than 59% of Winnipeg houses, systems like the roof, windows, or furnace may be at or beyond their typical lifespan. Budgeting for proactive maintenance or updates is a sensible consideration.
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Is the living space size a concern?
At 1,157 sqft, the living area is near the median for the street and city. The appeal here is balanced: the home itself is a manageable size, while the property's standout feature is the expansive lot, making it ideal for those who prioritize outdoor space over a larger interior footprint.
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What are the advantages of a fully finished basement?
It provides immediate additional living, recreational, or storage space without the need for a renovation project. It's important to check the quality of the finish, ceiling height, and ensure it remains dry year-round.
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Who would this property suit best?
It's an excellent fit for buyers seeking a established neighbourhood character and a large, private yard. It would work well for a family wanting outdoor space, a hobbyist gardener, or someone who appreciates having room to breathe without being far from city amenities.