Property Overview: 866 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This 1,194 sqft home, built in 1950 on a 5,670 sqft lot, presents a solid, value-conscious opportunity in the Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate context. While the home is close to the citywide average for size, it stands out on its street and in Robertson for offering above-average living space and a larger-than-typical lot, providing more room both inside and out compared to many nearby properties. With an assessed value of $305,000, it is notably above the street and neighborhood averages, suggesting it is perceived as a higher-quality asset in its local market.
The home would suit practical, value-oriented buyers looking for a established neighborhood character. It’s ideal for someone who prioritizes more interior space and yard size over a newer build, and who sees the value in a property that outperforms its direct peers. The data indicates it’s not the newest or largest home citywide, but it represents a premium option on its block—a sensible choice for buyers focusing on relative quality and space within a specific, affordable area.
Frequently Asked Questions
How does this home’s value compare to what it last sold for?
It sold in March 2020 for between $250,000 and $300,000. The current assessed value of $305,000 indicates a stable or appreciating value in line with market trends since that sale.
Is the lot size a significant advantage?
Yes. The lot is over 1,000 sqft larger than the average on Cathedral Avenue and in Robertson, offering more outdoor space, potential for gardening, expansion, or simply greater privacy—a key differentiator.
The home was built in 1950. Is that a concern?
It depends. On Cathedral Avenue, this is actually a newer home compared to the street average (1930). However, it is older than the typical Winnipeg home. Buyers should budget for updates consistent with a mid-century build.
What does the assessed value ranking tell me?
It ranks in the top 17% on its street and top 21% in the neighborhood for assessed value. This generally means it’s considered one of the more substantial, well-maintained, or desirable properties in the immediate area, which can be positive for long-term value.
How can I find out the exact past sale price?
The provided data shows a price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history via email from the site, which they provide manually.