Property Overview
340 Cathcart Street is a well-established, single-family home in Winnipeg's Varsity View neighbourhood. Built in 1973, it sits on a large, 7,533 sqft lot and offers 1,942 sqft of living space, including a finished basement. Key features include an attached garage and a private swimming pool.
Key Characteristics & Appeal
This home's primary appeal lies in its generous scale and established setting. The living area is notably spacious, ranking in the top tier of homes locally, providing ample room for a growing family or those who value space. The large lot is a significant asset in a mature neighbourhood, offering privacy and outdoor potential. The inclusion of a private pool is a rare amenity that creates a resort-like feel in your own backyard, ideal for summer entertaining and family life.
It would suit buyers looking for a move-in ready home with room to grow, who appreciate the character and stability of an older, well-ranked neighbourhood like Varsity View. It's particularly suited for those who value outdoor living and entertainment space over a brand-new build. A thoughtful perspective is that while the home is over 50 years old, its above-average rankings for value and size against local comparables suggest it has been maintained and represents a solid proposition in its market segment.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a central, mature neighbourhood near the University of Manitoba. It offers a mix of residential streets, established greenery, and convenient access to amenities and major routes.
2. How does the age of the home affect things?
Built in 1973, the home's major systems (roof, wiring, plumbing) are likely original or have seen updates. Prospective buyers should factor in a thorough inspection to understand the condition and potential future maintenance needs, which is typical for homes of this era.
3. Are the property taxes available?
While not listed here, property taxes can be estimated based on the provided municipal assessment value of $478,000. Your real estate agent can obtain the exact current tax amount.
4. What does the ranking data mean?
The percentages show how this property compares to others in the immediate area. For example, its living area is larger than 99% of homes on its street, indicating exceptional interior space for the location. Its overall assessed value ranks higher than most, suggesting it is viewed as a premium property in its context.
5. Is the pool a major consideration?
Yes. A private pool is a fantastic luxury but requires seasonal maintenance, safety considerations, and ongoing operating costs. It adds to the enjoyment and value for the right buyer but is a factor in the home's overall upkeep.