Property Overview: 777 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This 1,152 sqft home, built in 1947, presents a compelling value proposition within Winnipeg's Robertson neighborhood. Its primary appeal lies in the combination of a generously sized lot and a competitive price point. With a land area of over 6,000 sqft, the property ranks in the elite top 5% for lot size within Robertson, offering significant outdoor space and potential that is rare for the area. While the living space is modest by city-wide standards, it is above average for the immediate neighborhood.
The home last sold in the $300k-$350k range, which is notably below the Winnipeg average assessed value for comparable properties. This creates an attractive entry point into a neighborhood where the property itself holds above-average assessed value for its street and area. It suits first-time buyers or practical investors seeking a property with a standout lot size without a premium city-wide price tag. The data suggests a home that is a strong performer within its immediate context—offering more space and a higher perceived value than many neighbors—while representing a more affordable option in the broader Winnipeg market.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The lot is a significant feature, at 6,038 sqft. It ranks in the top 14% on its own street and in the elite top 5% within the entire Robertson neighborhood, meaning it is substantially larger than most properties nearby.
2. The home sold recently. Why is the exact price not shown?
To access the exact sold price, you must request it via email from the site provider. Publicly, it is shown within a $50k band ($300k-$350k) due to data sourcing rules that prevent displaying full MLS records directly on the site.
3. Is the assessed value higher than the selling price?
The assessed value is $298k, which falls within or near the disclosed sold price range. This indicates the sale was likely close to the city's assessment, unlike many Winnipeg properties which sell below the higher city-wide average assessed value.
4. What does the "Below Average" city-wide ranking for year built mean?
Built in 1947, it is older than the average Winnipeg home. However, on its own street, it is actually newer than the average. This highlights that Cathedral Avenue and the Robertson area have many character homes from the early 20th century.
5. How does the living space feel for the neighborhood?
At 1,152 sqft, the home has above-average living area for Robertson (ranking in the top 15%). You are likely getting more interior space than many nearby homes, which balances the older building date.