Property Overview: 876 Cathedral Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 858 sqft bungalow, built in 1950, presents a specific and compelling value proposition in Winnipeg's Robertson neighborhood. Its primary appeal lies in a combination of a generous, above-average lot and a relatively modern build date for its immediate street, all at an assessed value that is competitive within its local context.
The home sits on a 5,670 sqft lot, which is notably larger than most in the area, offering potential for outdoor space, gardening, or future expansion. Built in 1950, it is newer than many homes on Cathedral Avenue, which may suggest updates in construction or systems compared to older neighbors. While the living area is modest—below city and street averages—this translates to a manageable footprint for maintenance and heating costs. The assessed value of $290,000 is above the street average but below the city average, positioning it as a relatively affordable entry into a mature neighborhood with larger properties.
This property would best suit first-time buyers, downsizers, or practical investors seeking a lower-maintenance home with land value. It’s for those who prioritize lot size and a solid foundation over immediate square footage, seeing potential in the land itself or in thoughtfully expanding the existing structure over time.
Section 2: Frequently Asked Questions
1. Is the house smaller than others nearby?
Yes. At 858 sqft, the living area is below the average for Cathedral Avenue (1,212 sqft) and Winnipeg overall. This indicates a cozy, efficient layout rather than a spacious family home.
2. Why is the assessed value higher than the street average if the house is smaller?
The assessed value reflects more than just living space. Key contributors here are the larger-than-average lot size (5,670 sqft) and the fact the home was built later (1950) than many on the street (avg. 1930), which can positively influence valuation.
3. What does the sold price history indicate?
Records show it last sold between $200,000-$250,000 in late 2020. This past price, combined with the current $290,000 assessment, suggests market appreciation. For exact historical figures, a manual lookup via the site is required.
4. How does the lot size compare to nearby properties?
The lot is a significant feature. It ranks in the top 19% on its own street and top 12% in the broader Robertson neighborhood for size, offering more private outdoor space than most comparable homes.
5. Are there similar properties for comparison?
Yes. Nearby examples on Cathedral Avenue and in Robertson (such as 882 Cathedral Ave or 873 Bannerman Ave) provide direct context for size, age, and value, helping to gauge this property’s standing in the local market.